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Fleet Tracking Data Uncovers Hidden Expenses in Key Profit Areas

COMMACK, New York (August 23, 2017)– If your company relies on a mobile workforce of drivers and a fleet of vehicles, it is crucial to instantly have the most detailed reporting available to keep your organization operating at peak efficiency, maximizing your competitive edge. With the power of GPS tracking and fleet management software, you can take control of your fleet’s safety performance, reduce risk, and enhance your overall efficiency. In addition to minimizing accidents and fines, you can reduce your insurance premiums, enjoying substantial insurance incentives.

Here are five best practices of how you can reduce over-head spending and achieve your business goals with GPS fleet tracking software.

  1.    Maximize Fuel Savings

Did you know that fleet management software can provide real-time reports that monitor the speed, acceleration, and braking of each vehicle? You can save at the pump while you receive alerts about excessive fuel purchases and unauthorized uses of fleet credit cards. Based on data provided by Vehicle Tracking Solutions, traveling over the speed limit by just five mph can increase fuel consumption by nearly 10%. Plus, managing long idle times and off-route vehicle usage can make significant impacts on your monthly expense.

 

  1.    Maintain the life of your fleet vehicles with routine maintenance.

Timely maintenance of your fleet can increase your savings by avoiding costly vehicle breakdowns and repairs while also extending the life of vehicles for the long term. Fleet Maintenance modules built into fleet management software makes it easy to monitor oil changes, inspections, registrations, and other routine maintenance. Automatic alerts are sent to you via email or text message, letting you know when a vehicle is due for maintenance.

 

  1.    Creating Accountability

Receive real-time reports showing exactly when a driver’s day starts and ends. Also, determine driver productivity by knowing where each vehicle begins its day, how many hours the vehicle was utilized, how many hours it was in motion or idling, and the location it was parked at the end of the day. This delivers the adaptability of a mobile time clock, a mobile employee accountability tool, and an optional mobile inspection terminal.

 

  1.    Keeping your fleet safe

Speeding, vehicle wear and tear, and accidents are all factors that drive risks and unexpected costs for your fleet operations and overall business. With GPS technology, fleet management software instantly alerts you when your vehicles exceed posted speed limits, creating significant savings on fuel costs. This will enable you to reduce risks and improve driver behavior before it becomes costly. Reduce vehicle repairs, fuel consumption, and your business’ accident rate, by enforcing safe driving habits. Vehicle Tracking Solutions shares a success story of one company that was at risk for losing their insurance policy – Jack Williams Tire located in Pennsylvania. JW Tire was looking for ways to leverage technology to increase driver behavior and increase their bottom-line. By implementing a driver behavior device and providing key data reports, they were able to remain insurable not only keeping their policy but also reduced their annual premium cost by monitoring and reporting improved driver safety. Many insurance providers will offer premium reductions to fleet operators adopting this technology as well.

 

  1.    Enhance driver efficiency with each route

A fleet routing module can improve efficiency and productivity throughout your entire operation. View all open jobs on a map and build routes visually on a map, then optimize each route to shorten travel times and lower fuel consumption. Also, partner the routing module with a Garmin solution for automatic transmission of route information to the Garmin device in a vehicle – enabling wireless dispatching of actual route status and feedback as well as providing an optional turn by turn direction module that can further increase driver productivity.

 

The fact is, with a GPS tracking device, you can keep up with proper maintenance, keep vehicles safe on the road, and hold your employees accountable. Exploiting a GPS tracking device within your fleet can deliver an abundant amount of benefits that help increase revenue and enhance your bottom-line.

 

About Vehicle Tracking Solutions

Founded in 2002, Vehicle Tracking Solutions is a pioneer and leader in fleet management GPS tracking technology. The company’s Silent Passenger® fleet management software platform provides an unrivaled user experience to thousands of customers across the country. We arm them with critical business intelligence unique to their operational processes which foster efficiency and profitability across their entire organization. For more information, visit www.vehicletracking.com.