5 Reasons Why You Absolutely Need Fleet Management Software

For businesses, fleet management is essential. Why? It guarantees that businesses properly coordinate their activities and assets. It is, however, more than just a vehicle tracking system. Fleet management software comes in handy in this situation.

The ability to handle a range of operations is aided by modern fleet management software. Businesses can improve their overall operational competence and efficiency as a result of this.

Are you wondering why you would require fleet management software? Then keep reading to learn the five reasons why it is so important to have it.

What Is Fleet Management and How Does It Work?

The techniques and technologies that corporations use to guarantee that they use their work cars as efficiently as possible are referred to as fleet management. The ability to connect mobile employees with freight and permanent assets is one of the platform’s strengths.

The ultimate goal of fleet management is to increase the number of variables that influence logistics performance. Some of the influencing variables are listed below:

• Obtaining real-time location data
• Data about driving and operator behavior can be accessed.
• Having access to available computerized driver logs
• Identifying when assets leave defined zones
• Keeping track of when your vehicles require repair

This will allow you to swiftly monitor data points that will help you improve fleet performance (for instance, providing better service to your clients or just improving your peace of mind).

Due to the lack of a comprehensive fleet management solution, businesses must rely on human labor to accomplish these tasks on their own time. Given the complexity of logistics in mid- to large-sized enterprises, the fact is that it takes a long time. This is a red flag because this isn’t a good use of the company’s existing resources.

What Are the Benefits of Fleet Management Software?

Fleet management is a time-consuming activity that necessitates both management and driver attention to detail. As a result, keeping track of statistics like hours worked, gasoline consumed, and task progress throughout the day, every day of the week, is crucial.

Keeping track of all of this data, on the other hand, m ay take a long time and cost a lot of money. As a result, you must employ the most advanced fleet management software available. When managers utilise the right technology, they can keep track of their fleet’s location at all times.

You may learn more about each vehicle’s whereabouts using fleet management software. You may also track your fuel consumption with the touch of a button.

The application boosts efficiency even more by automating processes and increasing visibility. As a result, staff are less likely to need to intervene. These are just a few of the many benefits that a fleet management system can provide to your business.

1. Fleet management software helps you save money on gas.

Fuel expenditures are one of the largest expenses a fleet can spend, according to the Environmental Defense Fund. Fuel costs can account for as much as 40% of a trucking company’s budget. As a result, cutting gasoline prices can help you save a lot of money.

Nobody can control the true cost of gasoline per gallon. However, there are several strategies to limit the amount of gallons required on each voyage.

2. Driver Safety Is Improved With Fleet Management Software

You can track a driver’s behavior, like as speeding and harsh braking, using fleet management software. Not only would tracking this habit save you money on gas, but it will also increase your safety. Furthermore, you will improve the fleet’s environmental conditions and lower the risk of a catastrophic disaster.

Monitoring driving habits using fleet management software isn’t the only way to improve safety. In addition, the majority of systems may send automatic alerts by SMS or email. When each vehicle requires preventative maintenance, these notifications will notify management.

3. Insurance Savings

According to the Federal Motor Carrier Safety Administration, the average cost of a fatal heavy truck collision is $3.6 million per accident. Furthermore, the average cost of an injury-causing accident is nearly $200,000. Finally, the average cost of all large truck collisions is around $91,000.

A fleet can show that its driver followed the procedure. Of course, this is only true if data on vehicle speeds and driving behavior’s at the time of the collision is available.

4. Theft-Prevention Software for Fleets

In the United States, nearly $6.4 billion was spent on motor vehicle theft in 2019. Even the loss of a single vehicle can result in a large drop in revenue, making it a major cause of concern for commercial fleets.

Geofences can be put up using fleet management software. The vehicle will then transmit an alert to the fleet management if it leaves a designated geographic area. It’s a simple approach to find out right away if a car is parked illegally and to detect vehicle theft right away.

Furthermore, the car may be quickly returned with GPS tracker-enabled position monitoring, resulting in the least amount of inefficiency.

5. ELD Compliance That Is Legal

All commercial vehicle fleets in the United States have been required to track their drivers’ hours of service since December 2017. Using an electronic logging device, they can accomplish this (ELD).

While businesses may have previously relied on paper tracking, they must now transition to an ELD-compliant software solution to remain legal. Any significant fleet management business, fortunately, will be able to provide ELD compliance services as well.

ELDs are now required for a very good reason. They are more effective than previous solutions and are simple to use. Furthermore, everything you need to automate is done so right away. The amount of human errors is reduced as a result of this.