September 22, 2008 – PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH], has introduced a flexible alternative to the traditional managed maintenance program: the PHH Open Network Maintenance Program. This program is designed for companies who have unique needs that may not always fit into a traditional managed maintenance program.
PHH Open Network enables client companies to continue to use their current maintenance providers. Clients retain control over their maintenance authorizations and spend. PHH Arval assumes the administrative tasks of collecting transaction data, making supplier payments and providing consolidated billing. The program features:
- Ability to use repair facilities chosen by the client
- 24/7 call center to capture detailed data on maintenance transactions
- PHH InterActive® for online access to actionable reports
- Preventive Maintenance compliance tracking
- Payment to suppliers at point of sale
- Consolidation of maintenance spend on one bill with all fleet charges
- 24/7 call center to capture detailed data on maintenance transactions
- PHH InterActive® for online access to actionable reports
- Preventive Maintenance compliance tracking
- Payment to suppliers at point of sale
- Consolidation of maintenance spend on one bill with all fleet charges
For those clients who are looking for more help managing their maintenance expenses, PHH Arval also offers the traditional Vehicle Maintenance Assistance Program (VMA). VMA offers the added benefits of repair consultation, cost savings reports, national account pricing and warranty services.
According to Tricia Eger, product manager for PHH Arval’s maintenance products, “The addition of the PHH Open Network program enhances our position in the marketplace as the fleet management provider with the most flexible, customer-focused solutions.”
About PHH Arval
PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH], is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service and award-winning internet technology, PHH Arval helps clients reudce costs and increase productivity. For more information, visit www.phharval.com, or call 800 ONLY PHH.
About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top ten retail originators of residential mortgages in the United States(1), and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. For additional information about the Company and its subsidiaries, please visit our website at www.phh.com.
(1) Inside Mortgage Finance, Copyright 2008
