No Business is Too Small for GPS Vehicle Tracking Services Rastrac Team | Apr 15, 2016 8:21:38 AM

A lot of the posts we write for this blog are addressed to fleet managers for businesses. Although the title of fleet manager might sound like something you’d only find in a big corporation, the truth is that you can find people who do the work of a fleet manager even in small businesses, whether they realize it or not.

Any business that uses vehicles large or small needs to find ways to use those vehicles efficiently to control costs and maximize productivity. One way to improve efficiency for your business’ vehicles is to use GPS vehicle tracking services.

If you think your business is too small to benefit from GPS tracking, or that it will be too expensive, then think again. Almost no business is too small to benefit from using GPS tracking devices, and there are tracking systems out there to fit almost any budget.

Here are a few reasons any business that uses vehicles should use GPS vehicle tracking:

1: Peace of Mind

For a large business, the loss of a vehicle can be a significant financial setback. In a business with only a couple of vehicles, the loss of a vehicle can be disastrous.

Between the lost productivity and the cost of replacing a stolen vehicle, the theft of a company vehicle can be a tremendous blow to a small vehicle fleet, crippling operations that rely on the use of that vehicle.

GPS tracking systems help provide some peace of mind for companies with smaller vehicle fleets. With a GPS tag on a company car, truck, or van, you can get a report of that vehicle’s location at the time of the last GPS update.

The more frequently your GPS tracker updates its location, the more accurate the report will be, and the more swiftly authorities will be able to find and recover your vehicle. The sooner your stolen asset is located, the more likely it is that you’ll be able to recover it intact.

The cost of a GPS tracking device and monitoring software are typically much less than the cost of replacing a stolen vehicle. Investing a little into GPS is well worth the expense for some peace of mind.

2: Greater Control Over On-the-Clock Driver Activities

Even with a small vehicle fleet, it can be tough to control driver activities to ensure that they’re being as productive as possible. When drivers are out in the field, there’s often no direct supervision to keep them on-task, which can result in them not using their time as wisely as they should.

Examples of inefficient behaviors include excessive idling (wasting gas), frequent unauthorized side trips, and reckless driving that puts the driver and the vehicle at risk.

GPS tracking for vehicles can help you curtail these behaviors by providing you with information about how the vehicle being tracked was used, alerting you to inefficient behaviors so that you can correct them. This helps you save labor and money on wasteful driving habits, as well as helping you get more efficient use out of your vehicles.

3: GPS Tracking Isn’t Limited to Vehicles

Remote GPS monitoring devices can be installed on many different kinds of business assets. Some companies have used remote monitoring for their backup generators, refrigeration units, and other large pieces of specialized equipment.

These monitoring systems provide more than just GPS coordinates for theft recovery; they provide diagnostic reports on the status of the assets they’re connected to. Using this remote monitoring allows for the remote detection of issues with these assets, such as power failure or activation/deactivation of the unit.

So, even in a company without any vehicles at all, GPS remote monitoring systems can still be useful.

4: Cost Savings

You might think that if your vehicle fleet is particularly small, then the cost of investing in GPS might not be justifiable. However, a GPS tracking system might be more affordable than you assume.

Using GPS tracking for vehicles can help you save money in a few different ways, such as:

• Preventing Theft. As mentioned earlier, GPS is highly useful for theft prevention and asset recovery. Not having to spend money on replacing a lost asset can easily justify the cost of a GPS tracking solution.
• Improving Efficiency. Eliminating wasteful driver activities can save time, reduce vehicle-related expenses, and increase your productivity per hour of vehicle use. This helps to cut costs and increase revenue for your business vehicles.
• Reduced Insurance Premiums. Many insurance providers offer a discount on their insurance premiums if your vehicles have specific risk reduction measures, such as GPS tracking for theft prevention.

If you add up the money saved from each of these benefits, you may find that a GPS tracking service can actually end up paying for itself rather quickly.

Find out how much your business could benefit from using GPS tracking services today!