iTracking Online: 08454 084 670, info@itracking.co.uk

How Vehicle Tracking Can Save You Money

The return on investment for vehicle tracking can be instant and very healthy:

Through enhanced routing, elimination of private or unauthorised mileage and better allocation of vehicles to jobs, we can help to reduce your mileage and thus your fuel costs. Obviously, there are benefits to the environment as well if your company is spending less on fuel.

A reduction of 100 miles per week (just 10 per vehicle), @£1 per mile, equates to a saving of £48,000 per year (based on a fleet of 10 vehicles over a 48 week period).

Vehicle tracking will make your workforce perform smarter and faster through reduced downtime on your fleet.

A reduction of just 2.5hrs per week per driver/vehicle@£30 per hour, equates to a saving of £36,000 per year (based on a fleet of 10 vehicles over a 48 week period).

With the system reporting tools, there is a record of hours worked which can be used to verify overtime and eliminate excessive/inaccurate claims.

A reduction in claims by 7 hours @£14 per hour, equates to a saving of £47,040 per year (based on a fleet of 10 vehicles over a 48 week period).

Instant messaging over via GPRS will enable you to save on your communications costs as you will send fewer texts and make fewer phone calls.

A reduction of just £10 per month equates to a saving of £1200 per year (based on a fleet of 10 vehicles)

Vehicle tracking can enable your company to complete more jobs/deliveries via a combination of nearest vehicle utilisation and reduced downtime.

If each driver could complete just 3 extra jobs per month @£80 per job, this would equate to an extra £28,800 revenue per year for the company (based on a fleet of 10 vehicles)

The figures above are based on a fleet size of 10 vehicles. As you can see, there is a lot of money to be saved or gained. For comparison purposes and so you can get an idea of your return on investment, vehicle tracking for 10 vehicles costs from £2,730 per year (just £273 per vehicle!)

Additionally, many insurance companies can now offer discounted premiums providing you have live GPS vehicle tracking on your fleet – yet another reason to invest in vehicle tracking.

For more information or to book a demonstration/consultation, please call 08454 084670

 

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