Many businesses that employ large fleets are investigating the benefits of GPS fleet management services. If your business is starting to feel the strain of increasing gas prices, you may want to look into installing GPS vehicle tracking units as well. The benefits will become apparent, as GPS tracking systems are known to have a very high return on investment.
That's not to say the initial investment is painless. Installation costs are several hundred dollars per vehicle, plus around $30 per month in fees for each of your GPS vehicle tracking units. For example, for a fleet of 10 or so vehicles, a company can expect an initial outlay of approximately $7,000 in the first year. That's no small investment; however, read on and discover how much money you are likely to save because of it.
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Even if you just factor in the payroll savings you'll gain from implementing vehicle tracking units, the return on investment is pretty huge. Say you pay your employees $20 per hour. It's not a stretch to say that in any given week, GPS fleet management can increase a worker's efficiency enough that they effectively gets two extra hours of work done. That translates to $160 saved a month, more than five times the monthly service costs. The savings are even greater in higher paying companies.
That doesn't even factor in the amount you'll save on fuel. More efficient and better-planned routes mean that every vehicle in the fleet uses less fuel. With gas and diesel prices still soaring - and most commercial vehicles are known gas hogs - more efficient operation could translate into hundreds of dollars in monthly savings. You can easily save tens of thousands of dollars each year, simply by implementing a GPS tracking system. Let GPS Mobile Solutions help you find one today.