10 Ways GPS Tracking Increase Small Business Profitability and Productivity

money GPS fleet tracking systems can increase the profitability and productivity of any company, especially those with mobile employees or vehicles. How would you like to increase your small business’ bottom line by over 7 percent while improving service and tightening your performance? Whether you have a fleet of one or one thousand, GPS fleet tracking devices are a rock solid investment. GPS fleet tracking requires only a small initial outlay that will increase the productivity of your business in a huge way. Real-time GPS systems using industry leading telematics technology can save businesses thousands of dollars per yer per vehicle. GPS fleet tracking lets you become the master controller, with dynamic updates on where your investment is going at any time.

GPS fleet tracking systems can increase profitability by:

  • Reducing Operating Costs – By monitoring activities like speeding or excessive idling you can not only save fuel, but reduce damage done to the engine, brakes and tires. An added bonus is you can also reduce vehicle green house gas emissions.
  • Reducing Fuel and Maintenance Costs – The average operating cost per vehicle is about $1.50 per mile. A company can reduce at least 25 miles per week for each vehicle with a GPS fleet tracking system.
  • Increasing Efficiency – On average, each vehicle could complete at least one extra stop, job, or delivery per day by using a web based GPS fleet management system.
  • Reducing Delays and Time Spent at Unauthorized Locations – Wouldn’t it be nice to not have for your employees to waste time and money sitting in traffic? With fleet tracking software you can not only track but easily establish a custom notification system for events like a driver going outside of a designated area. speeding or staying idle for too long.
  • Reducing Insurance Rates by up to 35% – Many insurance companies offer discounted premiums for vehicles that have real-time GPS systems.

GPS fleet tracking systems can increase profitability by:

  • Monitoring Routes and Stops – Idle time and stops at unauthorized locations can become costly for your business. With modern GPS systems you can ensure that this does not become a problem. This will keep fuel costs low and drivers safe.
  • Eliminating Paper Logs – The digital record is not subject to human error and makes the process of record keeping more in depth without any additional hassle. Electronic driver logs can also help with vehicle and fuel tax calculations, audits, and optimizing resources.
  • Detecting Side Jobs – By tracking both real time and historic data you can notice and eliminate suspicious uses of your vehicles by employees. Don’t risk being liable for unauthorized vehicle usage.
  • Improving Response Time & Customer Service – By knowing where your vehicles at all times on a real time map, dispatchers can easily send the nearest vehicle when a new job arises. This saves both money and time and makes customers happy.
  • Monitoring Maintenance & Engine Alerts- Extending the life of your vehicles is important because replacing them is expensive. No more guessing or having to dig up information! GPS tracking systems report all vehicle activity and immediately alert fleet managers of thing they should be aware of such as faulty engine alerts or the need for smog checks or oil-changes. Maintaining vehicles is made made easy with a GPS tracking system because it automatically keeps you aware of this critical information.

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