Six Ways GPS Fleet Tracking Reduces Business Costs
September 4, 2019
If you’ve been looking for a way to reduce your fleet costs, GPS fleet tracking may be the best approach. The initial investment is smaller than you would expect, and the cost savings will be noticeable within a few months. When you consider the number of cost-raising developments that can happen with your fleet, a tracking system simply makes sense. Here are six ways you will likely see your expenses drop:
- Better mileage reports: Mileage is tax deductible, but your numbers need to be accurate to offer that advantage. GPS fleet tracking logs the miles driven so you can use them for your tax returns every April. You no longer have to rely on drivers to remember to track their mileage or record it accurately. Every tax season, you know the mileage reports are accurate and ready to reduce your tax burden.
- Improved driver accountability: Drivers are less likely to get sidetracked or sneak in a personal errand if they know you are tracking them. This encourages them to make deliveries on time and keep your customers satisfied. You do not have to worry about losing a customer base because one driver fails to stay focused. Also, traffic fines and accidents can raise your costs. Tracking also indicates when drivers speed or engage in other unsafe driving behavior. That is another way to keep drivers accountable and safe on the road.
- Reduce overtime: Businesses unfortunately encounter workers inflating their hours in order to earn that extra bit of money. This leads to high overtime costs which may not necessarily be justified. Since you are tracking drivers and know when they take unauthorized stops, you can deny overtime claims based on the fact that they were actually not working. Drivers are more likely to stay on task and avoid running up overtime costs by stretching out trips or adding personal errands on their delivery routes.
- Lower fuel costs: Tracking reveals whether drivers take the best possible routes. Even if a route was approved before, construction, new traffic patterns and other developments can change the efficiency of a given route. Tracking allows you to evaluate routes and see if they still make sense, or if you are just slowing deliveries and raising fuel costs. You can use the data to find better routes or change schedules so drivers are not driving through heavy traffic and losing fuel efficiency.
- Confirm billable hours: If you rely on drivers to report their hours, GPS tracking will confirm them. You will know firm start and stop times, especially if drivers are allowed to take vehicles home after late shifts. You can confirm hours worked and process payroll much more accurately.
- Eliminate unauthorized vehicle use: Any time you trust workers to use your vehicles, there is a chance of unauthorized use—especially if you allow them to take them home over the weekend. Tracking will allow you to see if the vehicle stays in town or is used for a long road trip at company cost. Rather than absorb those costs, you can require drivers to pay them.
GPS Technologies is your expert for GPS fleet tracking systems. Let us help you find the best system for your business.
Categorised in: GPS Tracking Service
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