Businesses are operated either as cost centers or profiit centers. Whenever I have been in senior management or owned companies I have preferred to manage my businesses as profit centers. After all isn’t that why you are in business? People too often look at employing a GPS enabled vehicle tracking system and dashcameras as an expense, when really it is an investment in your business designed to grow your profits.
Cost of Inaction: High Repair Costs
Approximate Financial Impact: Relying on manual logs for maintenance leads to missed preventative service to vehicles and equipment, resulting in more expensive and reactive repairs.
The Fleeteye Solution: Receive alerts for scheduled maintenance based on hours of operation and / or mileage driven.
Cost of Inaction: Labour inefficiency
Approximate Financial Impact: Fleets without productivity data can spend up to 12% more on labour costs
The Fleeteye Solution: Fleeteye confirms working hours, travel time, time spent at job sites, ensuring timesheets are accurate and increased productivity.
Cost of Inaction: Vulnerable to claims against your company
Financial Impact: One single work-related vehicle accident, when you include bodily claims, vehicle or equipment downtime, legal fees and increased insurance premiums can result in claims as high as $150,000 (Canadian) or more.
The Fleeteye Solution: We have two types of cameras single channel forward facing or dual channel forward and rear facing cameras, both equipped with GPS. Ask for the demo video.
Cost of Inaction: Increased insurance premiums
Financial Impact: The trend in Canada now is for insurance companies to deny insurance to or apply significant insurance premiums to companies for vehicles that use vehicles that are high theft vehicles, trucks, SUVs and often vans used in the trades or with caterers and so forth that are targeted as much for the cargo as the actual vehicle.
Fleeteye Solution: Insurance companies will often waive the surcharges if you can demonstrate that a vehicle has an aftermarket immobilization device installed (often they will not accept the one installed at the factory) and has a separate aftermarket tracking device installed.
Cost of Inaction: Excessive Idling
Financial Impact: Wasted fuel and up to 15% to 20% increase in fuel charges according both to auto industry and government studies.
Fleeteye Solution: Your company can set alerts and run customized reports for excessive idling. This presents opportunities to better educate and train staff.
Call us or directly text us today for more information and / or a 15 minutes demo 226-741-0257