How can GPS car trackers save a company money?

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Started as a project by the U.S. Department of Defence in 1973, the Global Positioning System now universally known as GPS comprises of a network of 32 satellites in the medium Earth’s orbit, 27 of which are in use at any one time to enable anyone with a receiver to pinpoint their location. At an initial cost of $12 billion put launch the system and running costs totalling $750 million per year, this technological wonder was a huge undertaking.

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However, fast forward to the 21st century and gone now are the days when GPS car trackers were only for luxurious brands or people with the budget to add this feature to their vehicles. Because GPS technology has become more affordable and easy to install, most vehicles now utilise this technology as a mandatory feature.

People and businesses alike love this innovation so much since it brings various benefits. With GPS vehicle tracking systems, companies can install this technology into their fleet and reduce unauthorised vehicle use, decrease fuel consumption, optimise their route stops better, and a lot more.

Drivers Drive Better

GPS tracking software allows managers to see when drivers take inefficient routes or unauthorized stops on their drivers’ journeys. The amazing thing is that location is not the only data that GPS tracking devices can monitor. It can also tell when a vehicle starts speeding above the limit or has harsh braking, rapid acceleration, sharp cornering, and more.

When drivers know that someone else can see their work, they will work on their best behaviour as much as possible. That helps improve their performance and reduces the chance of vehicular accidents.

Claims Due to Vehicle Theft Could Be Reduced

The primary purpose of a GPS tracker system is to tell you the exact location of a vehicle. Therefore, even if someone steals your car, the chance of finding it is higher. You could therefore avoid having to pay the insurance excess and higher premium the following year if you recover your vehicle.

Drivers Use Their Vehicles Accurately

Instead of using vehicles for other means, such as personal use, drivers would be more responsible and only use their assigned vehicles for work. With a fleet tracker system, the unauthorised use of vehicles would be reduced. That also contributes to the safety and security of the car. Besides that, it could also help the company save on fuel expenses.

They Keep Their Vehicles Well-Maintained

Did you know that vehicle GPS can also send you alerts? It will not only let you know if your driver is using your vehicle for other purposes or if they start driving recklessly. A well-maintained car can be less prone to accidents, and insurance providers love policyholders that do not make frequent claims for damage, resulting in savings on premiums too.

Conclusion

Companies must do their best to ensure the safety of their employees and vehicles. They need the help of technology—such as a GPS tracking system—to make the task more efficient and manageable. It is an excellent investment that could save your business money in many ways. If you want lower insurance costs whilst also keeping your drivers and vehicles safe, invest in GPS technology now.

 

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