Market Trends

Fleet Policy

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How to Minimize the Risk of an Internal Audit of an Employee Sales Program

November 7, 2013

When selling out-of-service fleet vehicles to employees, companies need to ensure fleet policy is uniformly applied — without exception — and that all buyers are treated uniformly and consistently. If you are involved in individual price negotiations, it is prudent to document the sales process. Auditors want to ensure that policy is being enforced uniformly and consistently throughout the organization. Here's what you need to do to ensure you sail through an internal audit with flying colors.

Tags: Resale, Fleet Policy, Internal Audit, Employee Sales Program, Wholetail Pricing, Antich

Author: Mike Antich | Posted @ Thursday, November 7, 2013 12:00 AM | » Comments(0)

Policy Versus Guideline: The Trend Toward Flexible Replacement Cycles

October 4, 2012

Nearly all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is taken out of service. A growing number of fleets are shifting to more flexible vehicle replacement cycles. Some fleets no longer call their replacement cycle a policy and instead call it a “guideline.” They want to reserve the right on determining when to take a vehicle out of service based on prevailing market conditions rather than predetermined mileage and months in service.

Tags: Replacement Cycles, lifecycle, Fleet Policy

Author: Mike Antich | Posted @ Thursday, October 4, 2012 12:00 AM | » Comments(2)

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