SPARKS, MD - PHH Arval has been named to the InformationWeek 500, an annual listing of the most innovative users of business technology. The 2010 list was revealed September 15 at an awards ceremony at the InformationWeek 500 Conference in Dana Point, CA.
PHH's most recent business technology innovations include:
· The industry's first in-house Innovation Center, a research and development team dedicated to advancing new technologies to improve fleet performance. The Innovation Center led the marketplace in introducing a mobile application for fleet drivers, PHH ConnectSM.
· A new North American vehicle ordering platform, PHH FleetSelectSM, that is innovative in its ease of use, increased accuracy through "touch-less" vehicle ordering, and state-of-the-art online vehicle ordering capabilities for fleet drivers.
· Enhanced capabilities for PHH Onboard®, the telematics service that increases driver productivity and safety while reducing fleet costs.
· A technology dashboard focused on process improvements. The tool sees where every fleet transaction (e.g., processing of a vehicle title, accident repair, or vehicle order) is 'in flight' and enables supervisors to adjust work flow to keep delivery of every transaction on track.
Kim Hearn, PHH Arval's chief information officer, said, "We are honored to be included in this list, as it validates PHH's commitment to pioneer thinking. As we continue to develop and introduce solutions to the marketplace, we remain focused on helping our clients achieve business value by making their drivers and fleet vehicles more productive."
InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing. Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500 <http://www.informationweek.com/iw500> .
About PHH Arval
PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH], is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit www.phharval.com, or call 800 ONLY PHH.
About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States1, and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. For additional information about the company and its subsidiaries, please visit our Web site at www.phh.com.
1 Inside Mortgage Finance, Copyright 2010
About InformationWeek Business Technology Network
The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow - from defining and framing objectives through to the evaluation and recommendation of solutions. For more information, visit www.informationweek.com.