Businesses ‘overwhelmed’ by vehicle management

Recent research by LeasePlan has found that nearly one-third (29%) of business decision makers believe that their business setup is not favourable to leasing. Yet 32% are feeling overwhelmed by vehicle management administration.

Respondents claim to spend an average of 83 minutes on admin tasks every day, with the most common time drainers including email communication and management (50%) as well as vehicle management administration; such as handling fuel expenses and claims (32%) and taxing and insuring company vehicles (32%).

Almost all respondents (88%) admitted to feeling overwhelmed by the amount of admin they need to do on a daily basis and over half (55%) are seeking support to help with these tasks. Yet despite the reductions in time and cost that car and van leasing could offer, 43% of business decision makers still believe it is too expensive, eight per cent think it’s easier to own a vehicle whilst six per cent believe leasing doesn’t provide the right type or quality of vehicles.

Matt Dyer, managing director of LeasePlan UK, commented, ‘We have a role to educate business decision makers about the benefits of leasing and help them through the process and make their working life easier – indeed the fleet industry is at an all-time high and 55% of the 4.5 million UK fleet vehicles on the road are currently operated by SMEs.’

Nearly three-quarters (72%) of those questioned in the LeasePlan survey were the sole decision makers within a business.