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Return on Investment Benefits

GPS FLEET VEHICLE TRACKING PROVIDES SUBSTANTIAL RETURN ON INVESTMENT (ROI) FOR SMALL AND LARGE OPERATORS

GPS Vehicle Tracking can give small to large businesses the control needed to effectively manage off-site vehicle fleets and increase profit margins. Monitoring jobs completed and the location of vehicles and goods provides an easy way to measure productivity amongst your employees and increase security.

In fact, GPS Vehicle Tracking provides fleet owners with an opportunity to earn a significant return on investment (ROI). The fact is if your company is not using a GPS tracking system to monitor your fleet, you are actually losing substantial cash flow every hour your fleet is off site. GPS vehicle tracking can help businesses with fleet vehicles survive and thrive in the competitive marketplace by providing ROI in five ways:

  • Improve Productivity
  • Reduce Labour Costs
  • Savings on Fuel Costs
  • Cut Communication Costs
  • Improve Maintenance Schedules

Improve Productivity

By better managing your employees you will know exactly where they are and will therefore be in a better position to react to situations a lot quicker. When you increase the productivity of your employees, you will be able to increase billable hours, complete more jobs and improve customer satisfaction.

In fact, a recent study by Aberdeen Group found that organisations with small fleets experienced a 23 percent increase in the total number of service calls completed per day per employee once GPS vehicle tracking was installed in their fleets.

With GPS installed, drivers will get to each job quicker and complete more jobs per day. You can even use the information gathered by GPS as a measurement of performance and to set realistic KPI’s.

Reduce Labour Costs

Overtime pay can be a huge burden on a small-and medium-sized company.
GPS vehicle tracking gives fleet owners the ability to automatically track all the hours an employee spends in their vehicle and know exactly how long an employee spends at each job. Knowing that your driver’s hours are accountable eliminates unnecessary overtime.

Savings on Fuel Costs

The unpredictability of fuel costs can wreak havoc on a company’s bottom line.
GPS vehicle tracking provides you with a powerful tool that will pinpoint driver habits that waste fuel. GPS Tracking reduces fuel costs by eliminating wasteful idling, speeding and unauthorised vehicle usage and by optimising routes.
In addition, the best GPS fleet solutions instantly allow you to deploy vehicles closest to a particular jobsite. This helps reduce vehicle mileage, as well as reduce fuel consumption.

Savings on Communication Costs

Without a GPS tracking solution, the only way to get the location of a fleet vehicle is to make a phone call or send a text message. This situation is potentially dangerous for the driver and a waste of resources. Repeat calls and messages to multiple drivers can quickly add up to a large communications bill.
Instead of wasting time and money on needless calls, you’ll be completing more jobs while reducing your bills.

Improving Maintenance Schedules

Properly maintaining fleet vehicles is important to ensure that each vehicle stays on the road and extends the life of your vehicles. A vehicle in for major repairs costs you money in repair work and lost productivity.

The best GPS fleet tracking solutions provide service alerts that can tell you when a vehicle is due for routine maintenance and ensure that you keep your vehicles running in top, fuel-efficient form.
By proactively avoiding mechanical troubles and running vehicles at peak efficiency, your business will be in a healthier position.