Why GPS Tracking is Important in Fleet Business to Stay Ahead of the Curve

Technology is evolving at a lightning-fast speed. GPS Tracking itself has grown by leaps and bounds in the last couple of years.

Coupled with advanced Telematics software, GPS has transformed many industries such as Logistics, Transportation, E-commerce, etc.

In the era of cut-throat competition good GPS tracking software is making a world of difference for many companies. Let’s explore the complete potential of Telematics software for you to stay ahead of the curve.

Importance of GPS Tracking

1. Real-time Monitoring

You need a thousand eyes, to efficiently manage a fleet of a thousand vehicles, right? Damn, we are blessed with only two. GPS Tracking acts as your third eye that enables real-time tracking of all your vehicles. You get the live status of the vehicle (idle, overspeeding, halt, etc.) along with location, speed, odometer reading and much more. It helps you in making quick and informed decisions.

For instance, you can immobilize the vehicle remotely in case of a theft attempt, cancel the trip in case of a breakdown, and reassign it to the nearest available vehicle without wasting much time.

2. Vehicle Security

With the great fleet comes greater responsibility. Not only the security of vehicles but also your drivers’ security falls on you. It gets harder to manage everything as the fleet gets bigger.

With various sensors installed in the vehicle such as a panic button, relay, door sensor, fuel sensor, etc. you get notified with an alert prompting immediate action. It also helps in reducing fraudulent or reckless actions on drivers’ end.

3. Improved Efficiency 

Do you know what sets an average running business apart from excelling ones? Accurate insights and flawless data analysis. With AI and Machine Learning in place we, at TrackoBit, reduce the chances of human errors to negligible. You optimise resources, time, and energy, which results in improved fleet efficiency including driver performance.

With features such as fuel monitoring and trip management, you not only save money but also make room for more business.

4. Fleet Management

Modern GPS Tracking Solutions are well-equipped to streamline the entire fleet management process. They are like an all-in-one console from where you can plan trips, assign tasks, monitor activities and manage the fleet. 

You can do so much – from monitoring the fuel level of every vehicle to keeping tabs on their service and maintenance schedule, monitoring drivers’ behaviour and whatnot. Fraudulent activities are the dark truth of a fleet business. GPS Tracking solutions help you keep a check on such fraudulence.

5. Accurate Cost Assessment

Gone are the days when fleets were running on rough estimations and driver’s vague reports. Now, you get accurate data with real-time updates and insightful reports. Accurate data not only improves your cost assessment but also helps in making informed decisions. With detailed insights only, you’ll be able to spot old vehicles that guzzle fuel and warn drivers who drive carelessly.

6. Customer Satisfaction

Quality customer service is an integral part of a successful business. It can make or break enterprises. You just concentrate on making up your business, while you have cutting-edge technology having your back.  

With modern GPS solutions, you can come up with more efficient plans that improve fleet performance. Better efficiency translates into faster services/delivery to clients. You can also share status updates and ETA with them. 

Fleet data received via Telematics makes fleet owners more aware of what is happening in the fleet, what is costing them more and what needs to be taken care of. If you try to cut the fleet cost without having any idea where exactly you are spending the most, you’ll end up doing guesswork.

TrackoBit will Track Every Bit of your fleet movement and serve you with relevant insights to enhance your decision-making and improve your fleet’s efficiency. We offer a complete Fleet Management Solution which is much more than just GPS Tracking software. You get customised solutions to your business needs. Feel free to ask for a demo.