Telematics can give companies insights into many aspects of the fleet that they never had the ability to track before. From reducing idling and fuel waste to improving fleet productivity and safety, telematics promises tremendous savings and ROI. So why do many fleet telematics initiatives fail to find lasting ROI? Part of my job is to educate customers on how to utilize their Fleet telematics system to see that ROI. I will help them identify areas for improvement, set goals, setup automated custom reports, and walk through each report by the numbers. Identifying quick returns on investment is easy, and most customers are able to pay for the cost of the system within 6 months. But ensuring lasting ROI won’t come from automation--no matter how powerful the system. Lasting ROI requires company-wide adoption and participation. The three most important factors that cause telematics initiative to fail.
In the world of fleet management solutions, the abundance of data is something to be thankful for. A good example is a fleet management company that has data covering millions of fuel transactions and digital vapor trail for millions of miles traveled. They have access to this data through electronic […]
5 Ways Companies Use Fleet Telematics to Increase ROI Companies Use Fleet Telematics to Increase ROI The concept of using a Fleet Telematics system is simple: It provides a means of measuring your fleet’s usage to increase ROI, and; therefore enables your business to manage inefficiencies including: Unnecessary fuel consumption […]
Focus on Goals For Greater Telematics ROI Its common knowledge of the benefits of GPS fleet telematics systems, what’s not common place is knowing how to find those benefits, and keep everyone focused. True telematics ROI requires focus, no matter how great the system. Avoid This Common Pitfall A common […]
4 Key Driver Safety Program Challenges Generic Fleet Safety Programs Only Scratch the Surface One of the most effective ways to improve on-road safety is by developing and actively implementing driver safety programs. An investment in workplace safety and health initiatives backed by the support of an organization’s most senior […]
The Promise of GPS Fleet Telematics The promise of GPS Fleet Telematics systems is the ability to collect valuable data measuring your fleet’s usage, and therefore enables your business to manage inefficiencies more effectively. But what inefficiencies can telematics help you manage and how significant is the impact on your […]