GPS Monitoring Has Great Money Saving Benefits for Businesses

3 Apr 2008

If you are a business owner who deals with fleets of vehicles on a daily basis, then you really need to consider investing in a GPS tracking system. Now you are probably wondering what the heck you need GPS tracking system for because your business is running smoothly without issue. You will be surprised by the amount of money that you can save by implementing a GPS tracking system.

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A GPS tracking system placed in each vehicle can offer you savings in many aspects of your business. Probably one of the biggest savings will be seen with auto insurance. Many insurance companies out there recognize the benefits and decreases in auto theft by implementing a tracking system. You are less likely to report vehicle theft as well as accidents because your employees are driving much safer than before. This can add up to a 15% savings overall on your auto insurance bill. If you have a lot of vehicles in your fleet, this can be a significant savings.

Another way that you can utilize a GPS tracking system to save you money is by knowing exactly where each employee is at all times. This means that they are less likely to goof off on company time and will stick to the route that they are supposed to be on. You will be able to keep track of things like how fast they are driving, where they are, or if they leave the car idling too long. All of these things add up to saving money. In this day and age when having a business that uses vehicles as its primary means of income (trucking companies, taxi service, delivery service, etcetera) this means that you are spending a pretty penny on gasoline. If your employee left his vehicle running while running in to deliver something this is costing you money. You will be able to monitor exactly how long the vehicle was in an idle mode. If you have employees who like to speed, you can be alerted by your GPS tracking system whenever a vehicle exceeds the speed limit. It is a known fact that speeding increases vehicles overall fuel consumptions and therefore leading to needing to fill up more frequently; another big waste of money for the company.

By using a GPS tracking system, you will be able to not only reduce your employees down time and increase productivity but you will also be giving your customers better service. When they call in to find out where your guy is, you will be able to pull up their exact location and let your customer know that they are only two blocks away. Think about how much happier your customer will be. They will continue to use you for their needs and also refer your outstanding service to other companies and people.

Something that many people don’t think about when using a GPS tracking system is how it can help save money on the managerial end of things. A tracking system has the ability to do timekeeping (i.e. time sheets) electronically. This means less paperwork and more accurate recording. You will be able to manage your employees more efficiently and therefore cut down or completely eliminate overtime.

While you may think that your company is running smoothly and professionally at this time, you will be extremely surprised how much more efficiently your business will run after investing in a GPS tracking system. It is worth looking into for just the money savings alone, but you will also benefit from better customer service, better employee management and an easier way to manage your records keeping. Invest in your business today by purchasing a GPS tracking system.

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About George Karonis

George Karonis is the founder and Chief Executive Officer of LiveViewGPS Inc., a company he established in 2008 with the vision of making real-time GPS tracking more reliable, affordable, and accessible for businesses of all sizes. Over the past two decades, he has built a reputation as an innovator in GPS tracking, fleet management, asset monitoring, and Push-to-Talk over Cellular (PTToC) communications. Under George's leadership, LiveViewGPS has grown into a nationally recognized provider of GPS tracking solutions, serving businesses, government agencies, educational institutions, law enforcement organizations, and public works departments throughout the United States. The company's technology helps organizations improve operational efficiency, protect valuable assets, increase driver safety, and reduce operating costs through real-time location intelligence. Before founding LiveViewGPS, George developed a background in security, surveillance, and emerging location technologies. His passion for innovation and practical problem solving has driven the development of products that combine dependable hardware with easy-to-use cloud software, giving customers actionable information when it matters most. In 2018, George expanded into nationwide Push-to-Talk over Cellular communications by launching PeakPTT, providing businesses with rugged, instant communication solutions that operate over LTE and Wi-Fi networks. His focus has remained the same throughout his career: delivering dependable technology backed by exceptional customer service and long-term customer relationships. George regularly writes about GPS tracking, fleet management, asset protection, business technology, and communication systems. Through this blog, he shares industry insights, practical advice, and emerging trends to help organizations make informed decisions about tracking technology and connected operations.