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Fleet Essentials: 3 Things Every CFO Should Know About Reducing Total Cost of Ownership (TCO)

About this webinar

Are you looking for a clearer picture of what’s driving your fleet’s bottom line? On September 25, 2025, Element Fleet Management experts, together with partners from Samsara and Motus, held an in-depth discussion on controlling fleet expenses and driving smarter financial decisions in our webinar, Fleet Essentials: 3 Things Every CFO Should Know.

This presentation explored how finance and fleet leaders can use data, lifecycle planning, and flexible reimbursement models to better manage volatility, improve cost visibility, and achieve stronger return on investment (ROI).

Watch the webinar recording below to discover the keys to reducing your fleet TCO.

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Here are 3 key takeaways from this session:

1. Understand your true cost of ownership Acquisition price is only one part of the equation. Bill Blais, Director of Strategic Advisory at Element, explained how factoring in maintenance, downtime, and resale value helps uncover hidden costs. By focusing on the complete lifecycle rather than just initial sticker price, CFOs can make strategic replacement decisions that minimize total spend and optimize asset value.

2. Data and technology drive financial clarity Sean Morris, VP of Enterprise Sales at Samsara, shared how connected fleet data provides the visibility finance leaders need to make smarter, faster decisions. Real-time analytics on utilization, fuel, and driver behavior enable organizations to forecast costs more accurately and reduce risk. Companies leveraging technology are seeing measurable results, from faster dispatch and better routing to major safety-related savings.

3. Flexibility is key with reimbursement models Vanessa Brangwyn, Chief Revenue Officer at Motus, discussed how vehicle reimbursement programs can complement traditional fleet ownership. By integrating flexible options, organizations can reduce fixed costs, adapt to workforce changes, and limit risk exposure, achieving both financial efficiency and employee satisfaction.

Managing Total Cost of Ownership is more than cost containment, it’s about building a resilient, data-driven strategy that creates long-term business value. Through smarter planning, connected insights, and financial agility, you can transform your fleet TCO from a looming concern into a competitive advantage.

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