ROI Calculator: How Do Telematics & Fleet Tracking Save Your Business Time and Money?

Where does all the time and money go? For nearly every business we speak to, there’s always a need for time savings and cost savings. It just depends on what’s causing the bottleneck. Think about the constraints in your fleet management from fuel costs to labor to vehicle maintenance to compliance: there are viable, cost-effective solutions within reach.

You can use the ROI calculator at the end of this article that will help you accurately estimate what you could save and where you could increase revenues in your fleet. First, let’s look at exactly how fleet management makes such a difference! Read More

Fuel is one of the most expensive regular costs that businesses have to deal with. The American Transportation Research Institute found that fuel costs were the second-highest cost to trucking fleets behind only driver wages, making up as much as 24% of regular operating costs. Fuel prices can be volatile and subject to sudden increases based on factors as unpredictable as international politics, the weather, or even cyber warfare. These factors make it difficult for fleets to predict their impact.

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As a fleet manager or business owner you may be looking for ways to reduce business costs or vehicle operating expenses. This is a fundamental problem for fleet managers when we first meet them. Take Rick A. for example. Rick’s business is all about getting the service truck to the customer. In the towing industry, customers on the receiving end want to know one thing: “When is my tow truck driver going to be here?”
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