How GPS Fleet Tracking Saves Your Company Money

Sales of GPS fleet tracking systems have grown by more than 300% in each of the last two years. The reason is simple: it saves money and increases productivity. If you have a fleet of five or more company vehicles and you have not investigated the savings you can achieve with GPS fleet tracking, now is the time to take action. Don’t lose thousands – even tens of thousands – of dollars this year because you failed to take action.

For as little as $300 per vehicle and a small monthly maintenance fee, you can take full advantage of this constantly evolving technology to reduce your company’s operating costs. Here’s how GPS fleet tracking saves your company money.

1. Improve navigation. Your GPS fleet tracking system will be fully integrated with Google maps. This enables drivers to identify the fastest, most direct or most fuel-efficient route to a destination (whether it is within the city or across the country). The navigation function also provides live time reports on traffic conditions along the way, even providing detours around traffic jams. If the weather is bad, you can choose terrain views to see what is ahead. Navigation functionality in your GPS fleet tracking system also allows fleet managers to know precisely where every vehicle is at any time. This makes it easy to identify the closest vehicle to an emergency situation and quickly re-route a vehicle.

2. Monitor and improve driving habits. Because your GPS fleet tracking system compiles data on driver behavior, you can identify drivers who are habitual speeders or who consistently brake hard or who accelerate too fast from a stop. You will have regular reports of every trip taken by every vehicle. You can program the GPS fleet tracking system to alert the driver when the speed limit is exceeded by more than 5 mph and to alert the fleet manager when the speed limit is exceeded by more than 10 mph. You can track exact routes and know which drivers are taking detours or are sitting somewhere with the engine idling for extended periods of time. By monitoring and reviewing this data with your drivers you can improve driving habits and safety.

3. Accident and theft reporting capabilities. If a driver is involved in an accident, the GPS fleet tracking system will provide a complete analysis of the incident with precise data on the speed and direction of the vehicle. This results in accurate and defensible information about the accident for police and insurance companies and makes completing insurance claims faster and easier. In the event of a theft, you will be able to track exactly where the vehicle is at any given moment and this information can be shared with police. You also have the ability to lock doors, disable the starter and cause the horn to start blasting from your central office with your GPS fleet tracking system.

4. Vehicle monitoring and maintenance management. Your GPS fleet tracking system will also have the option for including a maintenance tool. This can interface with the vehicle’s on-board computer to provide notices of times for routine servicing, low tire pressure, evolving engine or system problems or excessive carbon emissions. This enables the fleet manager to either alert the driver of a problem or to bring the vehicle in for service or repairs before there is a complete breakdown requiring emergency action.

Use of these four major capabilities of a GPS fleet tracking system will help your company save money in the following ways:

– Use less fuel and save on fuel costs

– Reduce engine maintenance and operating costs

– Save 5-35% on insurance costs per vehicle

– Eliminate damaging or costly bad driver habits

– Increase productivity and reduce overtime

– Reduce paperwork for drivers, fleet manager and payroll

– Eliminate unauthorized breaks, side trips, or after hours use of vehicles

– Improve customer service and customer satisfaction

In most cases, companies that installed a GPS fleet tracking system recovered the total cost of installation and the first year’s maintenance costs in 3 to 6 months. Some recovered their entire annual cost in just one month. A GPS fleet tracking system is becoming an essential tool of effective and efficient fleet managers throughout the world in all industries, services and businesses. Can you afford to continue spending too much on fuel, insurance, operating costs, employee overtime and employee waste? Isn’t it time you find out how a GPS fleet tracking system can save your company money?