Search
Close this search box.
Sign up for our weekly Newsletter

Lex Autolease benchmarking tool saves £1.5m

Fleet Benchmarking Lex Autolease
Fleet Benchmarking Lex Autolease

Share

December 12, 2018

LEX Autolease says its Fleet Benchmarking tool has saved customers more than £1.5m  since it launched the service in February 2018.

The service is available to the leasing company’s customers that run in excess of 500 vehicles.

It draws on data from Lex Autolease’s fleet of almost 390,000 vehicles. The tool helps identify cost and operational efficiencies, how to enhance driver benefits and steps to improve duty of care focus.

Fleets can be benchmarked anonymously against others in the same sector or against a business of a similar size to view like-for-like comparisons across all measurable activities. Lex Autolease says it ensures short-term competitiveness and can provide the foundations for long-term fleet improvements.

Andy Barrell, Head of Business Development at Lex Autolease, commented:

“Companies are keen to understand how their fleets are performing from operational, risk and cost perspectives but until recently, all they’ve had to go on is their own data from previous years.

“Now, fleets can benchmark their performance against our entire corporate customer base, drawing on competitor insights and industry best practice to drive policy change and development.”

Lex Autolease points out that Fleet Benchmarking has helped to:

  • Lowering emissions, amending mileage rates and restricting engine capacity to save £1.4m for a major retailer;
  • Improvements to the management of accidents, motor offences and driver recharge to save £820k for a healthcare provider;
  • Simplifying the choice list, introducing electric vans and improving the management of end-of-contract damage charges to save £89k for a transport contractor.

Thinking of the switch to electric?

Need help in finding the right electric vehicle for you? Compare driving range, battery capacity, charging time, price, and features to find the perfect EV for you.

Got a spare 30 seconds?

 Help us to provide you with better market insight by completing a very short survey. It is anonymous and only takes 30 seconds. You will get free access to the quarterly results.

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Nick Sharpe

Nick Sharpe

Nick Sharpe is an automotive content writer for Business Car Manager

Latest news

Scroll to Top