How Does GPS Fleet Management Improve Your Bottom Line?

GPS fleet management is an excellent tool to employ as a business owner with a fleet of vehicles. Not only are you aware of where your drivers are at any given point in their routes, but you also have the ability to improve your business’s bottom line. How does GPS fleet management help you do that? Keep reading to find out.

Driver Safety

Unsafe driving behavior has more than one cost. When your drivers are unsafe, you risk legal conflict, vehicle repair costs, and traffic violations. GPS fleet management can help you track metrics like driver speed, aggressive driving patterns (braking or accelerating suddenly), and excessive idling. When you consider that a 1 KM/hr decrease in driving speed can lead to a 2% to 3% reduction in car accidents, monitoring driving behavior through GPS tracking becomes a no-brainer.

Fuel Costs

As a business owner with a fleet of vehicles, fuel is obviously a large part of your regular expenses. That means finding ways to manage your fuel usage effectively is crucial to financial savings. Fortunately, GPS tracking can help you manage your fleet’s fuel usage effectively. By planning fuel-efficient routes and monitoring metrics like idling time and driver behavior, you can make changes that will help maximize your fuel efficiency.

Vehicle Maintenance

When your vehicles are out of commission in the shop, you’re losing money. It might feel impossible to develop a consistent maintenance system when you have no regular insight into vehicle miles and hours on the road. With GPS vehicle tracking equipment, you’ll be able to automate maintenance schedules based on data that your fleet management system collects while your drivers are on the road. Not only does this save you time, but it also helps prevent major problems before they hurt your bottom line.

GPS fleet tracking can help your business’s bottom line in more ways than one! Consider any of the benefits listed above and you’ll realize that GPS fleet management can help you create a safer, more sustainable business for the future.

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We interviewed Canada’s top fleet-dependent businesses and identified these 5 key questions you should be asking as you prepare your business for the new normal.

Based on these interviews, we identified three of the BIGGEST challenges companies need to overcome as they try to adjust.

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