Idealease Inc. has released created Elevate, a proprietary Driver Performance System that the company says helps customers improve driver safety on North America’s roadways and drives significant reductions in annual fleet operating costs.
According to Idealease, Elevate revolutionizes fleet operations by tracking a robust assortment of key driver-controlled operational behaviors using data collected from the vehicle’s telematics system. This data is analyzed and converted into a monthly scorecard using a data analytics program developed by Idealease’s Business Intelligence team.
The Elevate scorecard equips fleet managers with detailed, actionable and easy-to-use driver performance metrics that they can use to coach and communicate with drivers, Idealease says. Elevate also helps drivers to operate their vehicles more safely while reducing fuel consumption, idle time, wear and tear on equipment, maintenance costs, vehicle downtime, and more.
And to help fleet managers focus on the most important monthly improvement opportunities, Idealease says Elevate highlights the drivers with the most potential for improvement based on key behaviors and it benchmarks the fleet’s overall operational performance metrics to that of comparable fleets.
“The safety and well-being of truck drivers is a top priority for every North American fleet manager,” says Jerry Ring, director, Business Intelligence, Idealease. “Our proprietary Elevate system allows fleet managers to use real-world data to reinforce the critical behaviors that will help assure their truck drivers will arrive home safely after their shift. Drivers value and appreciate this critical information. Our Idealease customers have the tools they need to reduce risky and costly behaviors on the road, and that is very rewarding for me.”
Idealease says it collaborated with its telematics supplier CyntrX to define controllable driver behaviors that impact safety and operating costs. Idealease’s Businesses Intelligence team turns this data, collected from more than 6,000 vehicles and 80 customers, into actionable recommendations for fleets. In each of the past three years since Elevate’s inception, Idealease customers using the system have seen dramatic year-over-year operational improvements, the company says.
“Idealease is committed to providing our customers with value-added programs that improve their operational efficiency and positively impact their bottom line,” says Dan Murphy, Idealease president and CEO “Our Elevate driver performance system improves driver behavior and reduces the most costly elements of truck operations. Thanks to the Elevate system, our customers save between $50 to $270 per truck, per month on fuel costs alone. Last year, all our customers combined experienced a net reduction in fuel costs, accidents, rental equipment requirements, and insurance costs that totaled more than several million dollars.”