Wheels, Inc. News
Wheels, Inc. Decision Tools Target Fuel Cost Challenges
"The enhancement to Expense Variance will help fleet, sourcing and finance executives, and managers understand, manage and control fuel costs more effectively than ever before," said
The Expense Variance tool provides the information needed to gain control of fuel expenses. Clients can identify potential savings opportunities and gain in-depth understanding of not only how the changing price of fuel has impacted the fleet's fuel spend, but also other important factors. For example, questions like "which fleet vehicles are performing as expected," and "which vehicles could be selected to improve fuel efficiency," can be answered quickly based on Expense Variance's easy-to-use guided analysis approach.
The enhancement to Expense Variance complements the other Decision Tool, Cost Projection. This application's features make it possible to model "what if" scenarios on how changes in fleet will affect fuel expenses. "While it may not be possible to predict the price of fuel, it's certainly feasible to accurately forecast many of the factors that influence total spend and as a result avoid unpleasant budget surprises," Edidin said.
About Wheels, Inc.
Wheels, Inc. ( http://www.wheels.com ), which pioneered the concept of auto leasing in 1939, provides a full range of specialized services to help organizations manage their vehicle fleets. Wheels has 550 employees and manages more than 250,000 vehicles. Its holding company, Frank Consolidated Enterprises, at
SOURCE Wheels, Inc.
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