Deciding to invest in new technology for your company can be daunting. Many business management tools promise significant savings but are unable to deliver results, leaving business owners and fleet managers at a loss both financially and in terms of productivity.
By reducing fuel usage and maintenance costs and contributing to loss prevention strategies, GPS trackers provide an average ROI of 17:1. The data collected by GPS devices grants business owners and fleet managers insights into driver behavior that enable them to evaluate aspects of their fleetís operations, in turn allowing them to make changes that will lead to stronger performance and more efficient operations.
Two of the most powerful benefits of GPS trackers are increased revenue and decreased operating costs. Letís take a look at 6 ways it accomplishes this:
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