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EMBRACING FLEET DIGITALISATION

31-10-2023

EMBRACING FLEET DIGITALISATION: NAVIGATING FUTURE REGULATORY TRENDS Amidst the evolving landscape of fleet management, indications suggest the potential compulsion of fleet management software, reflecting the continuous and long-term regulatory trends. The impetus for this shift arises from the convergence of two key drivers—the escalating digitalisation in both fleet compliance and general financial record-keeping. DVSA INITIATIVES: PROPEL TOWARDS MANDATORY SOFTWARE INTEGRATION Recent indicators from the DVSA underscore the inclination towards mandatory software usage for the Earned Recognition scheme, particularly concerning the reporting of truck fleet statuses. While presently voluntary, it is foreseeable that this requirement could extend more broadly in the future. Moreover, the DVSA is actively pursuing the digitalisation of preventive maintenance inspections, signifying a shift towards a more technology-driven approach. HMRC MANDATE: DIGITISATION SPURRING BUSINESS COMPLIANCE Simultaneously, the HMRC’s mandate for the digital submission of VAT and accountancy records has led to a significant surge in small businesses employing specialised accountancy software. This movement demonstrates a broader trend toward digital integration in compliance-related processes. Foreseeing the trajectory, it seems improbable that the push toward digitalisation will halt at its current juncture; instead, it is anticipated to expand further, encompassing aspects such as company fleet management. Although the exact timeline for this transition is uncertain, the direction is unmistakably pointed toward a digitally integrated future. Presently, fleet data contributes to official records in processes like MOT tests and the Motor Insurance Database. The logical progression from this point might involve the requirement to digitally record all vehicle walkaround checks and submit them to a centralised health and safety portal. This evolution stands to greatly benefit SMEs by professionalising fleet management, offering efficiencies akin to those experienced by major fleet operators—time savings, cost control, and heightened compliance through software. Much like the mandatory adoption of accounting packages like Xero and QuickBooks, which notably enhanced SMEs’ financial practices, embracing similar advancements in fleet management could significantly elevate operational performance. Discover further details regarding Truckfile’s software for managing fleets and workshops and to gain further assistance in maintaining compliance, explore our DVSA Earned Recognition page.

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