Revolutionizing Fleet Management with KPMG Australia and Geotab

April 15, 2024, 9:40 pm
KPMG US LLP
Location: India, Karnataka, Bengaluru
Employees: 10001+
Founded date: 1987
Geotab
Geotab
Location: Canada, Ontario, Kitchener
Employees: 1001-5000
Founded date: 2000
In a groundbreaking alliance, KPMG Australia and Geotab have joined forces to transform fleet management. The partnership introduces the FTC Automator, a cutting-edge technology that revolutionizes how organizations claim Fuel Tax Credits. By leveraging Geotab's telematics expertise, KPMG's clients gain access to a comprehensive fleet solution that streamlines the process of calculating FTC entitlements.

The FTC Automator is a game-changer, analyzing vast amounts of data with lightning speed and precision. Through proprietary geo-spatial analytics, it generates accurate FTC calculations, ensuring compliance and maximizing tax benefits. This innovative tool has received a favorable ATO Product Ruling, providing clients with certainty and protection against potential disputes.

David P Sofrà, KPMG Australia's National Leader for Workforce & Innovation, and Tax & Legal's Chief Technology Officer, emphasizes the importance of this alliance in meeting market demands. The ATO Product Ruling solidifies the Fuel Tax Credit consequences for clients using Geotab technology, instilling confidence in the quality and accuracy of data processed by the FTC Automator.

Beyond tax implications, the FTC Automator offers valuable insights on safety, carbon emissions, and fleet optimization. It also explores the feasibility of electrifying fleet vehicles, aligning with clients' ESG goals. With access to Geotab's global analytics and insights from millions of connected vehicles, KPMG empowers clients to make informed decisions that drive strategic growth.

David Brown, Geotab's AVP Sales – APAC, echoes the sentiment, highlighting the timeliness and significance of this collaboration. The FTC Automator, backed by an ATO Product Ruling, enhances Geotab's ecosystem and paves the way for future innovations in fleet management. By harnessing telematics data, KPMG can provide sector insights and peer comparisons on key metrics like CO2 emissions and fleet utilization.

Geotab, a leader in connected transportation solutions, has a proven track record of empowering customers worldwide. With a focus on data research and innovation, Geotab enables organizations to optimize fleets, increase productivity, and achieve sustainability goals. Through an open platform and the Geotab Marketplace, customers have access to a wide range of solutions tailored to their needs.

The alliance between KPMG Australia and Geotab marks a new era in fleet management, where technology and expertise converge to drive efficiency and compliance. As the industry evolves, this partnership sets a new standard for innovation and client-centric solutions. Stay tuned for more groundbreaking developments in the fleet space as KPMG and Geotab continue to redefine the future of fleet management.