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How does a fleet tracking system benefit a company?

By October 26, 2017 No Comments

Tracking systems have become an essential tool for companies in the business of fleet management of vehicles. In fact many companies even consider these systems as money saving machines. Since tracking software contributes to the safety of the driver, recovery of lost vehicles, recording and monitoring of driver habits has proven to be beneficial in maintaining the cost of fuel. However the biggest saving is on the fleet insurance because many auto insurance companies provide discounts on insurance if you have the tracking system installed in your vehicles.

One of the biggest advantages of using a vehicle tracking software is that it contributes to the overall savings for your company, let us show you how:-

Drivers Safety – Perhaps this is one of the best things with vehicle tracking software. The fleet manager software helps in maintaining driving records for each of your drivers in your company. With the help of the data you can keep a tab on the speed limits of the drivers, can restrict any route diversions or if they are taking too many stops in between journeys etc. By using this data you can improve the safety of the driver and also use for training purposes.

Recovery of Vehicle – it is not easy to buy a new vehicle if your own one is stolen or damaged. With a vehicle tracking system installed in your vehicle you can quickly and easily recover your vehicle resulting in saving the cost of buying a new vehicle and also keeps you away from the hassle of claiming from insurance companies. It also contributes to catching the thieves and also helps protect from any kind of crime in the future.

Vehicle Maintenance – If you are in a fleet management business, you would know the importance of up keeping your vehicles. A well maintained vehicle adds to the safety of the driver and vehicle too. The fleet management software helps in setting alerts that notify you how many miles the vehicle has travelled and when it’s due for a service. You can even set a reminder date for the day service is due. This means that all the vehicles will be well maintained, making them safe and efficient. Vehicles that are maintained properly and do not break down regularly have low probabilities of cataclysmic problems.

Get Easy Insurance discounts – Vehicle tracking systems have also helped many insurance companies to avoid losses. The auto insurance companies use the data to know if the driver was at fault before the accident. It really saves time and money for them while settling claims. Since with the previous data, they can analyse the risk that allows insurers to get better discounts on the insurance premiums.