Fleet management glossary

The Fuel Tax Credit (FTC) is a benefit for GST-registered businesses in Australia to claim back a portion of fuel tax paid (excise) that is used by auxiliary equipment, certain heavy machinery and vehicles driven on private roads.

Fringe Benefit Tax (FBT) is a tax paid by employers who provide certain benefits to employees that are not subject to regular income tax.

Commercial vehicles are, broadly speaking, vehicles used for business, in a range of commercial applications.

Logistics is the process of managing the transportation of goods from a point of origin to their final destination.

Route planning is the process of finding the most optimised routes, and commonly happens as part of fleet management, particularly with delivery operations and field service businesses.

A GPS tracking device is an electrical unit that can determine its exact location in real time using the Global Positioning System (GPS).

An Application Programming Interface (API) is a bridge between two (or more) independent software systems so they can interact, share data and improve the automation of common business processes.

Power take-offs are an attachment for large vehicles to connect and as a power a range of accessories including mowers, wood chippers, water pumps, compressors and more.

Dash cams are portable cameras fitted to a vehicle that record activity in the cab or around the vehicle.

Fleet tracking is real-time tracking of a fleet’s assets using the Global Positioning System (GPS).