How do you determine the right fleet management technology for your fleet?
How do you find the one that will give you the data, tools, templates, reports, and options that you need without the headaches that will make your job more difficult?
The right fleet management system can make your job and your fleet a thousand times better and more efficient—or it could create complete chaos.
To ensure you get the right kind of system, you need to understand your options in the market, and then focus on the right considerations to narrow down your choices and help you secure the perfect system.
Depending on fleet size, sophistication, and industry of your organization and fleet operation, you’ll have a few different options in the fleet management system marketplace:
Telematics | Telematics tools often offer some fleet maintenance abilities that could function well for your fleet—depending on its size and the information you need to have. Telematics maintenance systems offer Daily Vehicle Inspection Reports (DVIRs) and basic preventive maintenance features, and are generally seen as a service log. If you’re looking for more robust features, you’ll be left wanting more. Often, telematics companies will partner with a fleet maintenance software to give you the best of both worlds.
Work Order Management | Another option for smaller fleets, these tools focus on the shop and the work being done to your assets. Beyond that, work order management tools don’t provide a great deal of insights into things like the financials of assets over time, fuel tracking, depreciation, capital costs, licensing, etc.
Enterprise Resource Planning (ERP) | Your organization may already have an ERP in place that you might believe you could leverage. It’s a centralized management system that allows companies to monitor operations. Fleet management is typically an add-on feature for ERPs, and therefore has limited functionality. It is built by software engineers and product managers with no fleet management experience. This may work for smaller fleets, but is unlikely to provide the needed features and abilities a large fleet requires.
FMIS | This is your 360° view of your entire fleet, from soup to nuts. Fleet management information systems (FMIS) or fleet management systems (FMS) are purpose-built ERP systems for fleet management that serve as the centralized asset management solution for all of your vehicles, assets, equipment, and tools. You’ll get access to the most intricate and detailed vehicle and cost information, along with:
If your fleet is 50+ assets, you have an appropriate budget, and you want a system that is purpose built for complete fleet management, you’ll want an FMIS for your fleet.
Now you can start focusing on the key aspects that are most important to you and your fleet to help you drive success.
To get started on the right foot, put together a business requirement matrix that includes a complete list of all the functionality you desire. This list can include things like:
Customization | What customization options are essential to the way your fleet works? Identify what kinds of customizations you need, want, and would be nice to have so you can easily pick out any deal-breakers in the market. Some examples to get you started include custom:
Maybe you don’t know what customizations you’ll need, and that’s okay. At a minimum, make sure that the FMIS provider you choose is aware of your team’s processes and workflows and have them show you that their software can fit in and enhance those processes and workflows.
Key Features | Your list should also include the key features that are essential for keeping your fleet moving smoothly. Here are a few of the most important and common features you should look out for:
Expertise | How important is it to you that the fleet management system you use is actually built by fleet managers? Would it be helpful if your FMIS employed fleet experts who can provide deep insights and ideas based on their years of hands-on fleet management experience?
Consider the level of expertise your FMIS provider can offer you and your team. This could be as simple as on-demand advisory to formalized consulting engagements. The FMIS provider’s advisory and consulting can make a massive difference the in the level of success you experience, both in measurable return on investment and career advancement. Look at their executives and experts, their thought leadership and support in the fleet space. Think about how important that is to you and add it to your business requirement matrix list.
Similarly, if your organization participates in a purchasing cooperative like Sourcewell, see if the providers you are considering are on their approved vendors list so you can avoid a lengthy Request for Proposal (RFP) process. If they are a part of the cooperative, then that shows a level of trust and expertise you can rely on, as well as confidence that you are getting the best possible pricing.
Implementation Process | This is an interesting one as it actually swings both ways:
You’ll want to determine just how committed your fleet is to learning the new system as well as the implementation process and support that the provider offers as part of your list.
User Experience | Last but not least is user experience. As not every fleet professional is a tech-whiz at heart, finding an intuitive and user-friendly system could be essential to the success of your fleet.
Make sure you get a thorough demo of the product before deciding. Can you easily find, access, update, customize, and change everything you need to without becoming frustrated? Can your team?
Building a business requirement matrix focused on these key areas will help you narrow down your search and find the right fleet management information system for your organization—hopefully with minimal headaches.
If you’re ready, check out a demo of RTA. If you need advice from experts who have helped hundreds of fleets transform their organizations, get in touch with our consultants.