GE Capital Fleet Services Introduces New Driver Accountability Solution

Updated

GE Capital Fleet Services Introduces New Driver Accountability Solution

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- GE Capital Fleet Services today introduced Driver Accountability, a violation management solution that increases fleet managers' control over violation expenses. The solution saves fleets 60 to 80 percent over existing payment processes and provides drivers with the ability to dispute violations before they are settled with the issuer.

Driver Accountability is a highly-customizable, automated system that empowers drivers to directly handle violations with issuers. This removes the need for fleet managers to assume the risk and liability for violations. Fleet managers can access all violation-related activities online, which presents an easier way to handle violations.


Fleet managers also have access to GE Capital Fleet Services' award-winning customer call center and expert consultants to help identify additional programs with opportunities for cost savings. One such program is GE's Toll Management program, which was launched in 2012 to increase control of toll costs and reduce administrative burdens surrounding toll violations.

The new program is introduced as the number of issued violations continues to increase due to cashless electronic toll collection, advancements in enforcement technology, and more aggressive enforcement practices. Over the last three years, fleet violations have risen almost 40 percent, with the average violation fine reaching $69, according to GE customer data.

"As vehicle violations continue to impact the bottom line, this new program increases fleet managers' productivity and ability to manage driver behavior," said Brad Hoffelt, senior vice president and general manager of products and services at GE Capital Fleet Services. "Driver Accountability is another example of GE using the latest technologies to help our customers save money and time."

NAFA 2013 - Violations Panel Discussion

Mary Sticha from GE Capital Fleet Services will be moderating a panel discussion on "Conquering the Cost and Frustration of Toll, Parking and Moving Violations" on April 26th during NAFA's 2013 Institute & Expo in Atlantic City. The session will identify ways for fleets to take preventative actions to minimize the escalating costs of unpaid violations.

About GE Capital, Fleet Services

GE Capital, Fleet Services, based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit the Web site at gefleet.com or follow the company's eco news and updates via Twitter (@GEFleetSvcs).

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE (NYS: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.



GE Capital, Americas
Allison Perkins, 203-229-1447
allison.perkins@ge.com
or
GE Capital, Fleet Services
Sherri Ruesink, 952-828-2875
sherri.ruesink@ge.com

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS:

The article GE Capital Fleet Services Introduces New Driver Accountability Solution originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement