Crash course
Article Abstract:
A driver's license is not a guarantee that an individual can drive safely and with full control. Although they can make a vehicle run, a huge number of drivers lack even the most basic knowledge essential to safe driving, such as the interaction between various car parts, observations about other road users and the dynamics involved when a car is moving. This is precisely why firms should encourage company car drivers to undergo driver training even if they already have licenses. Taking such a precaution would not only save lives, it could also result in cost-savings on fleet insurance premiums for companies. IBM, for instance, found that motivating employees to attend driving courses cut the number of company car accidents by 30% to 50%. It is claimed that, if more than half of company car drivers are made to train, a firm can achieve a 29% reduction in its insurance claims costs.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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The deal of the cards
Article Abstract:
The use of fuel cards offer several advantages to company transport managers. These cards eliminate the need to deal with piles of receipts, provide fleet managers with an important source of information, and gives the company a way to force drivers to use environmentally friendly petrol. Fuel cards come in different forms, the simplest of which is the card that can only be used to pay for fuel. There a multi-purpose cards, which can be used to purchase tires, windscreens and other automobile parts. Fuel cards can also be designed in such a way that companies can limit the items that drivers can purchase with their cards. The usual cost of a fuel card is 1.60 pounds sterling for firms taking more than 2,000 cards. The lesser the number of cards that companies take, the more the cards cost.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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Fleet management
Article Abstract:
The complexity of managing company cars has given rise to the concept of fleet management. Fleet management is essentially a consultancy service based on the idea that the effective management of cars requires the expertise and knowledge of specialists. Management consultants can help companies decrease fleet running costs while increasing operating efficiencies. For improved administration of company cars, firms are advised to run their fleets as a separate business operation, taking into account all costs and emphasizing accurate budgeting.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1992
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