Reduce your TCO (Total Cost of Ownership)
Thanks to connected vehicle fleet management, optimize your Total Cost of Ownership (total cost of ownership in French).
TCO Definition
Total Cost of Ownership (TCO) is an essential indicator for fleet managers seeking to optimize their operations.
We take into account the costs of vehicle acquisition, operation, maintenance and depreciation to provide you with a complete and optimized view of TCO.
TCO is calculated by adding the purchase cost (or leasing cost) to the expenses related to the acquisition and use of the product, thus providing a more realistic view of the total cost compared to the purchase or leasing price alone.
Calculate your TCO
You can easily calculate the TCO of a fleet using the following formula:
Total Cost of Ownership
acquisition cost
maintenance cost
consumption cost
accident costs
tyre costs
management costs (business/private trips, fines...)
This formula takes into account all financial aspects related to owning and operating a fleet of vehicles, providing an accurate overview of total expenses. It allows fleet managers to analyze each cost component in detail and identify areas where potential savings can be made.
TCO Breakdown
Why optimize your TCO?
- Reduce acquisition costs
- Controlling operating costs
- Optimize maintenance costs
- Reduce vehicle depreciation
How to reduce your TCO?
SoFLEET allows you to collect, analyze and visualize performance indicators related to the TCO of one or more vehicle fleets. The collected data is transmitted and automatically analyzed by the platform and its algorithms. The fleet manager can visualize, through dashboards and dedicated tools, the different performance indicators of all the vehicles in the fleet, enabling them to calculate their TCO and make better decisions.
Your needs
Managing a vehicle fleet can be a complex challenge. Connected fleet management goes far beyond simple asset tracking; it is a daily activity that involves financial, technical, human, and regulatory challenges.
Become a fleet
manager 2.0
Analyze data, monitor your vehicles in real time and make the right decisions, on time. SoFLEET supports you in the creation of alerts and reporting, on the web and mobile interface.
Need to track your vehicles?
Geolocation of your vehicles if necessary. Identify the journeys made, optimize the routes and the route of each vehicle to gain efficiency. Grace to the data GPS, you know the position of your vehicles remotely and in real time, never lose track of them!
Reduce your TCO (Total Cost of Ownership)
Analyze your vehicle data, monitor the return on investment of your fleet to optimize the profitability of your purchases and rentals. Improve the maintenance of your assets to control your costs and make the right decisions, thanks to SoFLEET indicators and dashboards.
Limit road risks
Connect your vehicle data to identify risky driving behaviors and anticipate road risks. Also ensure the safety of your drivers by analyzing precise data.
Save money with eco-driving!
Analyze the driving behavior of drivers using reliable, precise and high added value indicators thanks to our integrated eco-driving module. Encourage drivers to practice eco-driving to reduce fuel costs and improve your fleet's impact on the environment.
Identify the vehicle driver
Facilitez la gestion des attributions de véhicules grâce à l’identification conducteur. Un système intelligent et entièrement intégré à votre plateforme de gestion de flotte SoFLEET, pour vous simplifier la vie et y voir plus clair !
Track your vehicles and their cargo
SoFLEET provides you with 360° tracking, notably through IoT pairing with your fleet management solution, to guarantee the traceability of transported products and goods. You will also be able to track the position of various equipment.
Identify the vehicle driver
Facilitez la gestion des attributions de véhicules grâce à l’identification conducteur. Un système intelligent et entièrement intégré à votre plateforme de gestion de flotte SoFLEET, pour vous simplifier la vie et y voir plus clair !
Need to track your vehicles?
Geolocation of your vehicles if necessary. Identify the journeys made, optimize the routes and the route of each vehicle to gain efficiency. Grace to the data GPS, you know the position of your vehicles remotely and in real time, never lose track of them!
Reduce your TCO (Total Cost of Ownership)
Analyze your vehicle data, monitor the return on investment of your fleet to optimize the profitability of your purchases and rentals. Improve the maintenance of your assets to control your costs and make the right decisions, thanks to SoFLEET indicators and dashboards.
Limit road risks
Connect your vehicle data to identify risky driving behaviors and anticipate road risks. Also ensure the safety of your drivers by analyzing precise data.
Save money with eco-driving!
Analyze the driving behavior of drivers using reliable, precise and high added value indicators thanks to our integrated eco-driving module. Encourage drivers to practice eco-driving to reduce fuel costs and improve your fleet's impact on the environment.
Save money with eco-driving!
Analyze the driving behavior of drivers using reliable, precise and high added value indicators thanks to our integrated eco-driving module. Encourage drivers to practice eco-driving to reduce fuel costs and improve your fleet's impact on the environment.
Track your vehicles and their cargo
SoFLEET provides you with 360° tracking, notably through IoT pairing with your fleet management solution, to guarantee the traceability of transported products and goods. You will also be able to track the position of various equipment.