2020 Honda Accord

What does it take to develop a fleet management budget that will support you on the way to your business goals? In this short guide will cover the determining aspects you should keep in mind and strategies to employ when drawing up a fleet budget. But first, let’s clarify — why is it imperative to have one? 🤔

In 2025, fleet owners face rising costs, pressure from the competition, and stricter regulations. The key to staying ahead is to adapt, not just follow every trend out there. We’ve picked 5 main fleet management trends to help you keep your operations more efficient and competitive. Ready to improve your fleet more? Check out these insights.

Operating a fleet requires greater-scale management to ensure performance optimization, expense reduction, and efficient cost distribution. Without outlining a budget that keeps track of every expenditure and point of resource consumption, financing and running a fleet business becomes very complicated and unproductive.

Ever needed to record specific vehicle information that you can’t quite assign to your existing data categories? With notes, important vehicle details are safe in one place, always at your disposal. This can be repair shop inspections, vehicle documents, legal information, etc.

A well-constructed fleet management strategy is the backbone of profitability and efficiency of any fleet business. Adequate management not only reduces delays by reinforcing organization but also prevents downtime, cutting costs and increasing potential revenue as a result, and ensures your assets are always in top condition.

Geofencing leverages GPS or RFID technology to establish virtual perimeters around physical locations, granting fleet managers meticulous control and invaluable insights. It addresses concerns such as driver behavior monitoring, unauthorized asset use prevention, streamlined administrative tasks, load counting, and improved safety compliance. To gain a comprehensive understanding of the tangible benefits geofencing offers, let's delve deeper into its functionality.

The way teams collaborate is changing. Whether you're coordinating field crews, managing office projects, or overseeing multi-location operations, the old methods of sticky notes, phone calls, and endless email chains just don't cut it anymore. We're excited to announce the launch of Tasks – a revolutionary feature that transforms how your entire organization plans, assigns, and completes work. This isn't just about field operations; it's about creating seamless workflows across every department, every role, and every location in your business.

Managing multiple companies can be a challenge, especially when you constantly need to log in and out of different accounts. Previously, Fleet Chaser users were limited to managing just one company at a time. If you worked for more than one company, switching between them required logging out and logging in again, which was time-consuming and inconvenient.

With simplified Global Search, every team member who will be interacting with the software will save valuable time — and, in the long run, all those shortcuts add up, enabling you to focus longer on making crucial decisions for business prosperity, rather than just managing operations.