The Dollars & Sense of GPS Fleet Tracking
But how do we estimate the monetary value of GPS Tracking? The cost to benefit analysis will vary depending upon the details of your particular business. We’ve posted a new online calculator that can help you understand the potential Return On Investment opportunities the right system can provide.
Here are a few of the key parameters that our calculator considers:
- Fleet Size: How many vehicles are in your organization?
- Vehicle Type: Sedans, Pickup Trucks, and Long-haul Trucks all have different operational costs.
- Employees: How many employees do you have in each vehicle, and what is their hourly rate?
- Excess Mileage: How many miles a week do you think each vehicle is being driven unnecessarily?
- Wasted Time: How many hours a week do you think your field staff is goofing off?
- Engine Idle Hours: How many hours a week is the vehicle’s engine being left running without need?
- Insurance Savings: Does your insurance company provide a discount for fleet monitoring?
Using just a handful of parameters like these, you can quickly see the savings opportunities a professional-grade GPS fleet tracking system can provide. Want to see for yourself? Please check out our Online Calculator and let us know what you think!
If you would like to talk about the specifics of your field operations, feel free to schedule a free consultation with me and I’ll be happy to help!