Transparency in Business

transparency in business

Why It Matters

Some people may say that transparency in business is just a buzz phrase. Is it truly authentic within business practice and can it be achieved? For Fleet360, it is part of our DNA and from our insights we aim to gather transparency from any supplier we work with.

This is the benefit you receive allowing you to finally understand the inner workings of the fleet industry. And from a cost point of view for your fleet, to date we have always been able to reduce costs.

Put simply, business transparency means clear, unhindered honesty in the way people do business. We think it is more than that. We think of it as;

“Uncovering hidden agendas or conditions, accompanied by the availability of full information required for collaboration, cooperation, and collective decision making.”

This is essential to free and open exchange.

The purpose of transparency in business

We all understand that the supply chain needs to make a profit. However, if asked how much profit was made and what was the process, most people would feel very uncomfortable. The idea of exposing internal operations, structures and even the culture of a company can be a scary thing.

In most cases however, you as the customer are often kept in the dark and expected to accept the norm of business and ‘this is the way it is.’

Honesty really Is the best policy

If it’s relevant to what you do, you have a right to know. All too often, critical details of how a company operates are divulged on a “need to know” basis.

You deserve to know the ins and outs of your current supplier and to have an open, fair and transparent discussion about your fleet policy and its future direction.

This is not as easy as it sounds, and this is where we help. With over 30 years of experience in the fleet industry, we know the strategies in place by the supply chain and truly understand what is fair business practice and what isn’t.

Remaining honest is also important as companies adjust and adapt to each other. The aim is to ensure that the supplier-customer relationship is fair and as a result, transparency can help businesses become financially successful.

Our core services for the fleet industry

Leveraging knowledge

We offer full strategic support at board level to analyse and produce your roadmap for the future

Insurance

True independence matters

Being truly independent, we benchmark your current terms and conditions to uncover where significant savings can be made based on your damage statistics and risk appetite.

Analytics

Analytical mindset

We collect, consolidate and analyse data to support policy reviews, increase the leverage on your supply chain negotiations and provide insights on cost reduction initiatives and priorities.

DriverCare

How to influence driver behaviour

We analyse the history of your fleet activity to identify trends of driver behaviour, accident rates, and fuel usage. This information is then used to create a safety culture that in turn reduces fleet costs and general human wellbeing.

Taxation

The link between fleet policy and legislation

Our taxation division has access to global fleet data metrics that allows us to mine into what affects TCO in fleets. The ultimate benefit is the optimisation of your fleet policy, primed to migrate to a mobility policy ready for future legislation, new power train opportunities and cost optimisation strategies.

Academy

Training programmes to expand skill sets

For car manufacturers and fleet service providers such as lease companies we have developed programmes that explore the importance of fully understanding client expectations and how to tailor the delivery of optimum solutions for prospective and existing clients. For staff who are responsible for fleet, our programmes are aimed at administrators and managers who have the responsibility, but not necessarily the experience, of running a fleet. In addition, they provide a refresher for fleet professionals who require an update on legislation, best practice and developments in managing a fleet of vehicles.

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