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NAFA Announces New Tool to Manage Fleets

May 6, 2004

ISELIN, N.J. –- Automotive fleet managers now have a financial “how to” guide to help them determine the true costs of their fleet operation. The National Association of Fleet Administrators (NAFA) has released the Fleet Cost Allocation Guide, which is aimed at helping fleet managers implement a “best-practices” program that applies to leased commercial sedans, government and utility vehicles, and over-the-road trucks, both domestic and international. A diverse team of fleet managers and top fleet consultants developed the guide, which is built on the basic concept that all fleet expenses should be known and accounted for, regardless of where they appear in the organization's budget. The guide explores ways to assign these expenses to the customers who consume fleet materials and services to help them better manage their accounting and charge-back systems.The Fleet Cost Allocation Guide is available to NAFA members and non-members at NAFA's online store at www.nafa.org.
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