Aiming to transform its offering into a mobility-focused range of solutions, fleet management provider Fleet Logistics has launched MobilityBUDGET.
The new solution provides employees with a tax optimised cash amount which can be used to cover personal mobility needs, ranging from personal lease, through shared mobility including rental cars to public transport.
Accessible online and via an app, MobilityBUDGET was designed to provide a transparent and automated process to optimise internal cash allowance processes or simply to offer an alternative to employee’s need for alternative mobility.
Steffen Schick (pictured above), chief executive officer at Fleet Logistics, explained: “The company car is no longer the most attractive option for every single user group, neither as source of mobility nor as benefit. This is why we are broadening the mobility options we are offering.
“In this context, it is important to us that we offer a high degree of flexibility to our clients by combining a growing choice of mobility services and turning them into simple, digital and cost-effective solutions. This is what we call Managed Mobility as a Service (MMaaS,) to differentiate it from Mobility as a Service (MaaS).
“We have listened carefully to our customers and have created a solution, not to replace our core business, but to expand our service offering to ensure we are meeting all our customers’ needs.”
Set to be launched in Germany from January next year – and a second country to follow in H2 2020 – the software is hoped to be available Europe-wide over the course of the next few years.
The countries of priority are those in which governments provide benefits in terms of taxation, says Fleet Logistics which currently has a contract portfolio of around 180,000 vehicles in more than 27 countries worldwide.
Schick added that Fleet Logistics had been holding ongoing discussions around environmental sustainability, with both customers and their employees searching for alternative solutions to traditional company car usage.
“Reconciling the needs of employees with the objectives of employers, while maintaining a high level of flexibility, is another consideration.
“The entire process behind MobilityBUDGET is digital with a high portion of flexibility and worldwide freedom of mobility usage – which is an important consideration nowadays. The value-add for employers is twofold: first they can decide on how the tax benefit is split between the user and themselves, and second, they get a good view of users’ mobility needs and preferences.
“From an employer’s perspective, MobilityBUDGET is not only an attractive benefit to staff, but it also offers them valuable insights into the aggregated usage of mobility types by their staff.”
Patrick Averweg (pictured above), senior product manager at Fleet Logistics, added: “MobilityBUDGET applies to all employees regardless of the company car usage. The employer can implement this solution as an alternative or an addition to a company car, as salary compensation for new hires or for employees receiving a salary increase.
“It is an ideal solution for companies with several locations who very often cannot meet the differing local mobility eco-systems.
“We are offering the full suite of services ranging from the digital tool itself, through outsourced receipt checking to providing payroll files. We have designed this as a premium service so that it does not incur any incremental costs or make extra work for employers, while still being attractive to employees.
“MobilityBUDGET is the first mobility product in our new family of mobility offerings which we will grow and develop over the coming months and years to meet the increasingly sophisticated mobility needs of our clients.”
Based in Europe, Fleet Logistics predominantly operates as a fleet service provider, offering a variety of services centered around the vehicle lifecycle for purchased and leased fleets.