GPS Monitoring Has Great Money Saving Benefits for Businesses
3 Apr 2008If you are a business owner who deals with fleets of vehicles on a daily basis, then you really need to consider investing in a GPS tracking system. Now you are probably wondering what the heck you need GPS tracking system for because your business is running smoothly without issue. You will be surprised by the amount of money that you can save by implementing a GPS tracking system.
A GPS tracking system placed in each vehicle can offer you savings in many aspects of your business. Probably one of the biggest savings will be seen with auto insurance. Many insurance companies out there recognize the benefits and decreases in auto theft by implementing a tracking system. You are less likely to report vehicle theft as well as accidents because your employees are driving much safer than before. This can add up to a 15% savings overall on your auto insurance bill. If you have a lot of vehicles in your fleet, this can be a significant savings.
Another way that you can utilize a GPS tracking system to save you money is by knowing exactly where each employee is at all times. This means that they are less likely to goof off on company time and will stick to the route that they are supposed to be on. You will be able to keep track of things like how fast they are driving, where they are, or if they leave the car idling too long. All of these things add up to saving money. In this day and age when having a business that uses vehicles as its primary means of income (trucking companies, taxi service, delivery service, etcetera) this means that you are spending a pretty penny on gasoline. If your employee left his vehicle running while running in to deliver something this is costing you money. You will be able to monitor exactly how long the vehicle was in an idle mode. If you have employees who like to speed, you can be alerted by your GPS tracking system whenever a vehicle exceeds the speed limit. It is a known fact that speeding increases vehicles overall fuel consumptions and therefore leading to needing to fill up more frequently; another big waste of money for the company.
By using a GPS tracking system, you will be able to not only reduce your employees down time and increase productivity but you will also be giving your customers better service. When they call in to find out where your guy is, you will be able to pull up their exact location and let your customer know that they are only two blocks away. Think about how much happier your customer will be. They will continue to use you for their needs and also refer your outstanding service to other companies and people.
Something that many people don’t think about when using a GPS tracking system is how it can help save money on the managerial end of things. A tracking system has the ability to do timekeeping (i.e. time sheets) electronically. This means less paperwork and more accurate recording. You will be able to manage your employees more efficiently and therefore cut down or completely eliminate overtime.
While you may think that your company is running smoothly and professionally at this time, you will be extremely surprised how much more efficiently your business will run after investing in a GPS tracking system. It is worth looking into for just the money savings alone, but you will also benefit from better customer service, better employee management and an easier way to manage your records keeping. Invest in your business today by purchasing a GPS tracking system.
