Arval believes that, ultimately, clients would benefit from a single market solution and accordingly remains keen to open discussions with other lessors for positioning the platform as an industry shared solution.

Arval’s CEO Philippe Bismut

Arval lead the way with innovative move

Arval’s CEO Philippe BismutThe firm says that Total Fleet will free Arval’s clients working with multi-supply schemes from the burden of having to aggregate data from multiple sources, thus facilitating strategic decision making, taking into account all key aspects of their entire fleet, independent of whom they source the services from.

It will quickly and intuitively provide fleet managers with a fully customizable 360° view of their fleet based on four Key Performance Indicators:

  1. Fleet: active vehicles, deliveries, returns and planned returns
  2. Spend: total, in contract, out of contract and end of contract spend
  3. Usage: the evolution of contract terms, fleet usage and contract deviations
  4. Corporate Social Responsibility: CO2 emissions and carbon footprint

Total Fleet meets all the necessary requirements from a competition law and data protection perspective. It is hosted, maintained and managed by an independent IT service provider. Upon clients request to feed the platform, the clients’ lessors can access Total Fleet directly to upload their fleet data. The data and the reports are only accessible to the clients. Neither Arval, nor the other lessors, have access to the data or to the consolidated view.

Arval say they expect that when clients request to feed the platform, other leasing companies will give their best efforts to produce and upload the data in the specified timeframe and ensure that the best data quality is delivered to the clients. With that in mind, Arval has set up a standardised set of data which is today already largely available from the different reporting tools in the market and as such ensured that the clients will get what they need, to take the right strategic decisions on their fleet.

Explaining the thinking behind the system, Arval’s CEO Philippe Bismut says, Arval believes that, ultimately, clients would benefit from a single market solution and accordingly remains keen to open discussions with other lessors for positioning the platform as an industry shared solution.

About DRIVE

DRIVE is a global cloud based solutions provider and strategic mobility company. With over 30 years’ experience and an ongoing commitment to our core market to deliver asset management solutions in the evolving mobility sector, we are a partner trusted by the biggest names in leasing across the world.

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