There are many cost saving benefits to having a GPS fleet tracking solution. While you can save substantially by cutting down on wasted fuel and labor, you can also reduce the amount of money your company is spending on insurance premiums.
Many insurance companies recognize that when a company installs a GPS fleet tracking system, it means that they are serious about reducing risk. After implementing GPS fleet tracking software you are able to keep a close eye on driver behavior, locate stolen vehicles, and ensure that your trucks are safe by staying on top of regular maintenance.
Insurance companies are committed to good driving behavior and ensuring safety on the road. Implementing GPS fleet tracking will show them that you are committed as well. Most insurance carriers will recognize companies who apply a GPS fleet tracking solution to their fleet and will give them up to a 15% insurance discount.
Simply install a GPS fleet tracking device with a sufficient number of your vehicles, and start saving on your premiums. You can find a range of potential discounts from insurance providers such as Liberty Mutual, Travelers, Zurich North America and The Hartford.
The application of a GPS fleet tracking system will result in a significant decrease of hazardous driving behaviors. GPS fleet tracking provides you with instantaneous alerts to your cell phone and email that will notify you when one of your drivers is speeding or driving erratically. This will help you to stay on top of unsafe driving habits and to cut down the number of accidents and citations your fleet encounters.
With real-time tracking, you no longer have to wonder where your vehicles are. If one of your vehicles becomes lost or is stolen, GPS fleet tracking gives you immediate insight into your vehicles location. Retrieving your stolen vehicles quickly gives you a better probability to also recover expensive assets that you may have on-board the vehicle.
GPS fleet tracking will also help you to keep an eye on when your vehicles having upcoming or overdue maintenance requirements. These friendly reminders will tell you or your drivers when a vehicle is ready for an oil change or tire rotation, to help prevent any dangerous situations on the roadway.
Call Boston Global Tracking to get more information on how you can start tracking your fleet today.
The development of fleet tracking software has been a real boon for the fleet tracking industry. Now, instead of driver logs or guesswork, fleet managers can know for sure just where each and every one of their drivers are. They can look at actual facts and figures and adjust their fleets accordingly. They can also better manage driver behavior, watch fuel costs, and gain a better understanding of financials.
Fleet tracking software has grown to be so popular within the industry that numerous software solutions are now available, and more seem to be popping up every day. Any Business Owner or Fleet Manager considering purchasing a software solution will want to do his or her homework before settling on one. Businesses as small as 3 vehicles to 1,000’s can now cost effectively take advantage of GPS fleet tracking.
Size vs. Quality
Just because a supplier is the biggest doesn’t mean they’re the best. This holds true in more categories than just fleet tracking. Think about it. Did they get to be the biggest by developing a strong base of happy customers year after year? A big company could be more interested in size and growth than they are in the happiness of individual customers. On the flip side, a small outfit with no history to speak of could also be just as uncertain a choice. It’s important to find not just a software platform that meets your needs but a company you’re comfortable with as well. Is the customer service local or overseas, who do call when you have an issue? Local, personal service with a National presence and good referrals is best.
How easy is the software to use?
Every software system is different. If the design and framework weren’t researched and tested thoroughly before being introduced to the market, if the user interface is not user-friendly, or if the company doesn’t invest in improving their technology, you might not want to do business with them.
Is the provider willing to let you try before you buy? If so, then they’ve probably had quite a bit of positive feedback about how easy-to-use and robust their system is, and that’s why they’re more than happy to show you how their platform performs before you make any kind of commitment. If a company is eager to provide a free demo, that’s a good thing. Training: do you get a bill and a thanks or is there a committed contact to help train employees? Training and help when needed is important and should not come at extra costs.
What’s the cost?
Of course price will always be a concern. You probably have a set budget and you probably had to fight hard to get it. As with anything in life, the phrase “you get what you pay for” tends to be true. The cheapest systems may be the most difficult to learn or work with, and customer service may be lacking. Remember, for example, that if an expensive piece of equipment goes missing you want as much help as possible getting it back.
Remember, “Price Without Quality is Never a Bargain” Be wary of free equipment or very low monthly fees iz3bekm.
Like with any important purchase, rushing in without fully exploring all the options is an unwise decision. Look around. Talk to people you trust. Ask for references and case studies. Finding the right provider is key to not only landing on a product that you’re happy with, but one that can provide you with the insights you’re looking for. After all, if you buy a product you never end up using because it’s either too complicated or too poorly designed, then you really would be better off having never bought the product in the first place. Sadly, you’d be missing out on the many advantages fleet tracking software can provide.
You just went out and made a huge investment: brand new trailer and Bobcat. Now imagine finding out your Bobcat and its trailer has gone missing. It was there on Friday now its gone on Monday. This equipment is worth well over $100,000 altogether, causing instant panic. This is where asset tracking comes into play. By tracking you significantly increase your chances of recovering your stolen assets instead of having to replace them. No downtime, no insurance hassles. Another huge factor is unauthorized use of equipment. With asset tracking owners can now monitor equipment and be notified if it is being used without authorization.
Asset tracking is one of the additional features that a full featured GPS tracking company can provide for your business. When choosing a company make sure that you have the ability not only to track your vehicles but assets as well. The ability to expand, easily create reports and local service are factors to consider. Not all companies are the same. Choose one with good history and a local presence to provide your service.
For more information about asset tracking and all types of tracking needs contact Boston Global Tracking, www.bostonglobaltracking.com 508-341-5115. Ask for Robert
How a GPS Tracking System Overcomes Common Challenge.
More and more companies are turning to GPS for commercial vehicles. They need to know exactly where their fleet is at any moment of the day. But what is driving their decision to implement a commercial GPS tracking system? We have identified 5 trends.
#1 – The Need to Prolong the Life of Vehicles and Equipment.
What is one of the most expensive aspects of your business? Your fleet of vehicles and equipment. Which means, as a business owner, you want to get the most out of each piece of equipment before replacing. Vehicle tracking systems are one way to do that. With these installed, you receive real-time data on things like usage hours, driving habits and more. You can better manage your vehicle and equipment life cycle to determine whether it’s time to invest in new ones. The ability to create maintenance reports and reminders enhance the system.
#2 – The Need to Improve Worker Safety
Another one of your biggest assets is your people. The company must ensure that employees are operating equipment and vehicles properly at all times. With a GPS tracking system, you can monitor for things like excessive speeding and reckless operating habits. You can then act on these insights to prevent any harm to your people. Or to your expensive equipment. Additionally, many companies have an emergency button installed which enables instant location information when an issue arises.
#3 – The Upcoming ELD Mandate and IFTA Reporting
Beginning on 12/18/17, a new electronic logging device mandate takes effect. Companies will be required by law to log driving time and hours of service (HOS) electronically. Many companies are trying to stay ahead of the curve, and install the electronic logs, or Elogs as they’re often called, sooner rather than later. The benefit of these systems includes a lower crash rate, and less time and manpower spent completing paperwork. Electronically recording mileage by state saves time and money for IFTA reporting, no waiting for drivers logs or inaccuracies.
#4 – The Need for Better Theft Protection
Unfortunately, your equipment is a target for theft. In a recent Dewalt study, over 50% of those surveyed responded that they have experienced equipment theft in the last 12 months. Asset tracking can prevent this. Tracking devices can be installed on both non-motorized and motorized equipment. They then send out specific signals on specific frequencies. Non-motorized units usually send a signal at least one time per day. If you notice something wrong, this frequency can be increased to better serve your current situation. Motorized equipment send signals every 30 seconds, allowing for real-time location information.
#5 – The Need to Cut Costs to Save Money
As a business owner, you’re always trying to save money and cut costs. GPS for commercial vehicles can do exactly that. First, it allows you to reduce fuel usage. By understanding things like acceleration, harsh braking, idling and routes better you can increase your fleet’s fuel efficiency. Additionally, many times it will lead to lower insurance rates due to a decrease in accidents and the additional theft protection provided by asset tracking.
Ultimately, commercial vehicle GPS will help maintain your vehicles and equipment safely and efficiently. It arms you with the data and insights you need to optimize usage – there’s no need to ask, you know. If you’d like to learn more, consider signing up for a demo of Boston Global Tracking. Let us show you how to take your fleet to the next level.
As the year is quickly coming to an end it is time to think about how your taxes will be affected for the year. One thing many businesses consider is purchasing new equipment.
If you are considering acquiring equipment in the near future or are a supplier looking to save your customers money, Section 179 impacts you!
As part of the IRS Tax Code, Section 179 allows businesses to deduct the full purchase price of certain assets financed or leased and put into service during the tax year. Accelerating depreciation rather than spreading the deduction over the item’s useful life provides a larger tax deduction come tax time. With a $500,000 maximum deduction available, you could keep a lot more money in your pocket.
Additionally, since Section 179 covers new and used equipment or software, you can get the equipment you need now, take the full tax benefit now, and spread your expense over a multi-year financing term, thus significantly reducing your true cost of ownership.
Equipment could be things like new vans or trucks, tools, heavy duty equipment and even a GPS tracking system to help manage your business.
It is important to contact your tax advisor before making a purchase to make sure you qualify and what impact a substantial purchase would have on your taxes.
For more details go to the following website:
Everyone knows that GPS tracking is beneficial to locate vehicles but today’s tracking is much more. A good tracking system should include additional items at no extra cost.
Additional items that should be available at an extra cost could include:
When reviewing options it is always important to review what you are getting and what you are paying.
“Price without quality is never a bargain”
For more information on GPS Tracking and the benefits available go to: www.bostonglobaltracking.com
Boston Global Tracking is a local American owned business with a national presence serving any business with vehicles on the road. Fleets From 1 to 1,000’s.
Found this article in Forbes online by Steve Olenski. Covers some great points on the advantages of GPS tracking.
Tracking mileage for business used to involve notebooks, scraps of paper and even napkins from fast food restaurants – admit it, you’ve done this, I know I have. After recording the mileage, you might have had to do the math on your watch calculator to figure out the difference between your beginning and ending points.
Thankfully, technology has come to the rescue and given us apps that can streamline the process of tracking mileage, reporting expenses and fleet management.
Here are some reasons to use a mileage tracking and fleet management app for your business:
1. Mobile Device Capability
Instead of supplying your employees with bulky laptops, apps allow them to use a mobile phone or tablet to track mileage. Once connected with a Bluetooth device, apps will automatically begin recording the mileage and will automatically stop recording when the vehicle is stopped. Users will also have the ability to track locations with GPS. Another feature of having a tracking app on your mobile device is that you can sync data between a mobile device and web services. Apps also have the ability to record the route taken and show it on maps. Be sure to know what the laws are in your state for using a mobile device while operating a vehicle, and provide drivers with a dash mount or hands-free device.
2. Ability to Create IRS Compliant Reports
Apps like TripLog allow you to create reports that are compliant with IRS rules. You are allowed to deduct $ 0.575 per mile, but in order to claim this deduction, and save hundreds or thousands in taxes each year, you must keep detailed records. The IRS requires you to keep receipts for any business or vehicle expense over $75, and a tracking app can give you the ability to take a photo of the receipt and upload it to the cloud for safe keeping. Using an app that has the ability to create IRS compliant reports will help you claim the highest number of exemptions.
Other vehicle expenses include fuel, parking, tolls, maintenance, insurance, registration, etc. Other business expenses include meals, lodging, gifts, travel and many others. Local service companies like Home Inspection All Star rely on mileage tracking for their day to day operations.
3. Connecting with Accounting Software
Using a tracking app can spare you the effort of inputting data into spreadsheets by connecting with and uploading mileage and expense data directly to Intuit QuickBooks. This allows for easier and quicker mileage reimbursement to your employees. You will also have the ability to upload other expenses like parking receipts.
4. Knowing Where Your Fleet Is
If your business has a large fleet of vehicles, a tracking app can show you the location of every vehicle in your fleet, down to a specific parking spot. You can see real-time driving routes and locations for each driver in your fleet. Drivers can also share trips on Facebook, Twitter and GoogleMaps/Earth.
5. Saves Money and Time
Keeping records of repairs and maintenance to your fleet can save you lots of money by eliminating redundancy and oversight of needed repairs. You’ll avoid costly repairs that could have been prevented by performing scheduled maintenance, and also track the costs so that you can compare and save. Many apps allow you to record and compare fuel costs and gas mileage for all of the vehicles in your fleet.
There are also apps that allow your employees to drive safer by alerting to road hazards, accidents and bad weather. You can also track the speed at which the vehicles in your fleet are traveling, alerting you to drivers who are breaking the law and being reckless. Safer driving prevents accidents, which keeps insurance costs down and keeps your vehicles on the road, saving you the time and money involved in repairing or replacing a vehicle.
Decisions Decisions. Spending money is never easy. Especially when it comes to small business spending. Making investments in things like equipment, new hires, and real estate are always tough choices. Am I spending too much? Is it the right equipment? Will the price be better next week? Small business owners are always up against these tough decisions.
Some advice. Have a simple plan on making the decision before starting. Just like a business plan, have a plan on making a purchase. Things to consider:
It is never easy making large business purchases. Mistakes will be made, but with proper planing mistakes are less likely to happen.
GPS tracking can do more than improve your fleet operations, it can help improve your entire business. The benefits of implementing a GPS tracking system extend beyond the day-to-day operations that fleet managers and drivers use the technology for, allowing you to get more from your business than you ever thought possible.
1. Maximize Labor – For many businesses, payroll is one of the biggest overhead expenses. Using a fleet tracking system to improve driver accountability translates to higher profits because you can ensure that your employees are actually working while they’re on the clock. This is not just limited to driving. Monitoring PTO events can help in industries that use heavy equipment.
2. Minimize Fuel – In the long run, fuel prices are only going to increase. This means that fleet managers and business owners must change habits and increase efficiency to help control fuel budgets.
3. Speed Up Billing – Good managers know that the faster you can send bills, the faster you get paid, which means better cash flow and more control overall. With GPS tracking, administrative staff members have the power to bill faster with less errors.
4. Reduce Insurance Costs – Insurance companies love GPS tracking systems because they help reduce accidents, improve driver accountability, and allow companies to enforce safety policies. You get all of these benefits plus lower insurance rates.
5. Improve Customer Service – The more quickly and efficiently you can provide service to your customers, they happier they will be. This translates to more loyal customers, more referrals, and ultimately more revenue for you.
6. Operate More Efficiently – Maximizing efficiency is one of the best ways to boost the bottom line. Faster dispatching, optimized routes, and easier time tracking all help your business become more efficient.
7. Protect Your Assets – Vehicles are valuable assets that are not always easy to replace, especially for small businesses. Fleet management software helps you prevent theft and abuse, and keeps equipment in top shape with maintenance reminders.
8. Be More Flexible – Business owners can track fleets on the go.This is especially useful for owner-operators who need to monitor activity while in the field themselves.
9. Be Green – Reducing your environmental footprint is becoming more important than ever, especially for businesses that want a competitive edge.
10. Understand Your Business Better – Robust reporting tools and driver analytics allow you to truly understand how your fleet operates, which means you have all the information you need to make important business decisions.
Robert is owner of Boston Global Tracking. Helping many businesses by providing GPS tracking.