Review by vehicle
Compare recorded revenue and relevant costs for individual vehicles.
Vehicle profitability
Vehicle profitability software for fleet P&L analysis
FleetRay helps fleet and rental operators compare vehicle revenue with relevant costs so performance can be reviewed at the vehicle level—not only as a company-wide total.
The operational problem
A busy vehicle is not always a profitable vehicle
Rental or operating activity can look healthy while service work, general vehicle expenses and other charges reduce the result. FleetRay brings those recorded inputs into profit and loss analysis so teams can see where the result comes from.
See cost drivers
Include service, expense and other operational cost records used by FleetRay reporting.
Investigate performance
Trace an unexpected result back to the fleet records behind the calculation.
How FleetRay handles it
Move from recorded activity to a vehicle-level result
Profitability becomes more useful when the source records are maintained as part of daily operations rather than reconstructed at month end.
- Record revenue activity.Keep rental contracts and related financial records connected to the assigned vehicle.
- Capture operating costs.Maintain service, expense, toll, fine and other relevant cost activity.
- Run vehicle P&L analysis.Review revenue and costs by vehicle and selected reporting period.
- Follow the outliers.Investigate vehicles whose costs or returns need operational attention.
Connected FleetRay features
Keep this work connected to the wider fleet
Understand what each vehicle contributes
Talk to FleetRay about the revenue and cost records your operation uses to review vehicle performance.
Contact FleetRay