Grey Fleet Management is a term that describes structured use of employee-owned vehicles that employees use for business travel.
The grey fleet can be a valuable solution to support business travel requirements. It is possible to use grey fleet ad hoc for short local routes and pay for mileage through the expenses process. This benefits the organisation as it does not need contracts or any other financial risk to run, just a payment based on actual use.
This area of the fleet is often poorly managed or even ignored by senior management. Ultimately, this can be costly to an organisation and bring additional risks relating to being on-road.
Luckily, we have an easy to use and low-cost solution for managing your grey fleet, which manages your risk.