OKLAHOMA CITY (Sept. 10, 2014) – Any small business who has been considering making the investment in a GPS tracker system is always considering budget when coming to a conclusion. What this business may not know is that a GPS tracker can actually save you money.
Once a business implements a GPS tracker system and are using it on a regular basis, they may find that not only does it pay for itself, it can also free up additional funds missed out on in other areas. The savings are incredible and too good to pass up. Business’s everyday find that with a GPS tracker system, they find money they never knew they were missing.
Here are only a few examples:
Fuel costs: How frustrating are gas prices right now? Even when prices are going down they seem to be higher than previous years. We know full well that the money spent on fuel can make a business’s stomach churn. Imagine how it would feel, as a business, to see a significant decrease in that bill.
Our current customers noticed a dramatic cut in their fuel costs the first month of using a GPS tracker system. The reason this happens is a GPS tracker system forces them to take a closer look at all areas of their business. They will find that drivers are taking more direct routes to their destinations, they are not having major stalls on the road with excessive idling thanks to your more accurate detour suggestions, and the added element of accountability encourages drivers to spend company time more wisely.
Maintenance: How much money did various business’s pay last year in repairs and vehicle replacement due to mismanaged maintenance schedules? If they had to replace a vehicle, they probably got sick to their stomach remembering the hit their budget took with a purchase like that.
We find that 89 percent of your break-downs, repairs, and vehicle replacements could have been avoided. Although a business’s vehicles are their lifeline, somehow their health slips through the cracks and the business ends up spending money allotted for other areas. This is a reactive approach. a GPS tracker system takes a proactive approach with the maintenance alerts.
Also the less known savings…
Insurance costs: we have seen numerous clients reap the benefits of decreased insurance costs after installing a GPS tracker. Some have even saved enough on insurance to pay for the cost of a GPS tracker system. Insurance companies view a GPS tracker system as a better way to understand the mobile side of the business and they see the potential to decrease your liabilities out on the road. Not every insurance company recognizes this yet, so you may have to do some convincing with your agent.
Spending money on the business becomes investing in the business when a business is spending more than they’re spending to create the savings.
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