PHH Arval Unveils Industry's First Telematics-Powered Fleet Service
SPARKS, MD – PHH Arval, a subsidiary of PHH Corporation announced the general availability of PHH Onboard, a fleet service that integrates telematics data with comprehensive fleet information and consultation. The service reduces costs, increases driver safety and productivity, and enhances the performance of critical business assets, according to a company spokesperson.
With PHH Onboard can help fleet managers reduce fuel costs by 10 percent and idling time by 25 percent. The technology also eliminates unauthorized use and helps diminish driver behaviors that cause accidents and increase risk. PHH Arval clients have been beta-testing the service for several months and have found that PHH Onboard can eliminate driver speeding over company policy, capture accurate odometer readings, and reduce fuel expenses.
According to Paige O’Neill, PHH Arval senior vice president of marketing and product development, PHH Arval developed PHH Onboard to help businesses and organizations more effectively manage their fleets. The service combines the following elements:
Advanced telematics provided by Networkcar, installed in the vehicle for remote monitoring of vehicle performance, location, and security.
Real-time, Internet-based vehicle performance and risk management reporting.
Fleet management consulting expertise that provides data analysis, policy development, benchmarking, metrics, and recommendations.
“The future of fleet management will be driven by new and innovative combinations of technology and information, made actionable through consulting expertise. PHH Onboard is a first for the fleet management industry, and it’s changing the way our clients manage their fleets by enabling them to be proactive instead of reactive. Our beta clients are also finding that the savings in fuel and the reduced accident rates more than justify the initial cost of the service,” said O’Neill.