Fleet management software (FMS) is a solution that helps companies and organizations to manage, organize, and coordinate their work vehicles from a central data platform. The goal here is is to keep the fleet operating smoothly by reducing costs, improving performance, and ensuring compliance with government regulations. The primary purpose of FMS is to collect, store, process, monitor, report on and export information.
Fleet management is done in order to enhance the quality of the company’s service and to develop efficiencies to make the service more effective. If your business utilizes vehicles, but does not have a fleet management system, consider the benefits below to see why your business may benefit from a fleet management system
Improved Dispatching Allows for Additional Jobs
When there’s a better understanding of where the vehicle fleet is located, how much time they have left on their job, and more, companies can begin to introduce additional jobs and projects for new and existing vehicle drivers. This means that your company can directly increase potential profit margins as a result of more effective fleet management.
Automate Your Fleet Reports
Fleet management systems can deliver reports hourly, daily or weekly based on the criteria you need fulfilled. If you want to understand the habits of your vehicular fleet and make adjustments based on the analysis, a fleet management system can allow you to do that.
Improve Vehicle Fuel Efficiency
Fleet management systems allow a fleet manager to analyze behavior of drivers as well as view idle times of each vehicle. Some systems may allow for the tracking of receipts used for refueling, which can provide further information about the vehicle and fueling habits of a driver as well as driving conditions. When more information is provided about refueling, companies can make more informed decisions and make changes that are based on data as opposed to theory and guesses.
Improve Safety for the Fleet
Your fleet management systems can provide an opportunity for better safety habits. With software, you will be able to analyze patterns, behaviors and habits of individual drivers. This information will allow you to make more informed decisions about how to improve driver habits, bring dangerous driving behavior to their awareness, and more.
Improved Insurance Benefits
Introducing a fleet management system into your daily business operations can provide other financial bonuses through insurance. An insurance company may be willing to provide discounts or other financial incentives for businesses that utilize a fleet management system as they know that they have the opportunity to improve safety on the roads and reduce accidents. You can ask your insurance company if they support discounts based on the utilization of fleet management systems, implemented safety policies and other active monitoring initiatives.