2017 Winner Profile

Wheels Inc.

Project Description:
Fleet management company Wheels Inc. identified a secondary market to its primary market of serving corporate fleets of company-provided vehicles. By learning that its customers needed control of transportation costs beyond fleet, Wheels repackaged its technology and fleet expertise to offer an industry-first reimbursement program that allowed drivers to use personal vehicles instead of company-provided vehicles and still access fleet services. The product solved risk problems, legal compliance issues, saved client costs and increased drivers' productivity and satisfaction. Launched in 2016, the Wheels Reimbursement program created a custom reimbursement plan for client drivers that reflected the true local costs of operating their vehicles. Wheels leveraged business intelligence/data analytics tools and strategies to help clients successfully set up and operate the program. From a cost savings perspective, one client has already realized a reduction in its reimbursement program operating costs of 30 percent and overall savings of 18 percent.
Business Functions:
Accounting & Finance, Asset Management or Maintenance, Human Resources
Business Goal:
Competitive Advantage
CIO:
Timothy O'Hara, Chief Information Officer
Headquarters:
Des Plaines, IL
Industry:
Transportation
Website:
www.wheels.com
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