PHH and its global alliance partner Arval enhance award-winning Arval Analytics tool with North American data
May 13, 2011
Sparks, MD – May 13, 2011 – PHH and Arval, its 15-year partner in Europe, announced they have worked together to add North American data to the award-winning global reporting tool, Arval Analytics. This enhancement significantly expands the reporting capabilities for global fleets, providing a single source for viewing key performance indicators and fleet trends across North America and
“The combined effort made by PHH and Arval will enable our worldwide clients to save time and anticipate, control and optimize their fleet total cost of ownership (TCO) as well as measure the impact of their sustainable development policy, not only in Europe, but now also in the U.S. and in Canada,” said Tero Tapala, Sales and Marketing Director for Corporates at Arval. “It is evidence of the continued commitment that PHH Arval Global Alliance members demonstrate to one another and to our clients.”
Analytics makes it easier for global fleet managers to forecast budgets, reduce risk and monitor environmental impact by identifying trends in spend, vehicle usage and CO2 emissions. Data can be filtered by country, business unit, entity, cost center, vehicle and fuel type.
“Feedback from our global clients indicates that the global view into fleet data provided by Arval Analytics is unique to the fleet industry,” said Jeff Smith, Senior Vice President, Cornerstone and International Development for PHH. “Future enhancements of the tool will include additional data from our PHH Arval Global Alliance partners Avis Fleet Services in Southern Africa, Facileasing in
In recognition of its achievement in developing Analytics, Arval received the International Fleet Industry Award in November 2010. Moreover, according to Arval’s most recent International Customer Satisfaction survey, Arval Analytics is highly appreciated by users, earning outstanding scores for its reporting capabilities.
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 technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit www.phharval.com or call 800 ONLY PHH.
About Arval
Founded in 1989, Arval specializes in full-service vehicle leasing, offering companies tailored solutions that optimize their employees’ mobility and outsource the risks associated with fleet management. Expert advice and service quality, which are the foundations of Arval’s customer promise, are delivered in 22 countries by over 4,000 employees, and in 12 other countries through its network of partners. Arval’s total leased fleet adds up to 667,500 vehicles throughout the world (December 2010). Arval is part of BNP Paribas Retail Banking “Equipment Solutions.”
About BNP Paribas
BNP Paribas is one of the strongest banks in the world*. The Group has a presence in more than 80 countries and has more than 200,000 employees, including over 160,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions, and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg), and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys a top position in Europe, a strong presence in the Americas, and solid and fast-growing businesses in Asia.
* Rated AA by Standard & Poor's, i.e. 3rd rating level on a scale of 22.
