…with a little help from Tracking Systems
Fuel cost can be one of the largest expenses for any company that maintains a fleet of vehicles. Whether your company has a fleet of cars, light duty trucks, heavy duty trucks, or a combination of all, fuel costs can have a big impact on your company’s bottom line.
At Tracking Systems, we love nothing more than helping our clients find the right tools to better manage your fleet. We love it when we are able to help client reduce maintenance costs, wear & tear on your vehicles and reduce fuel costs. Below are a few thoughts on how Tracking Systems can help.
Fuel cards can be very effective in helping business owners collect all kinds of data including:
- Vehicle mileage
- Fuel used by each vehicle
- Vehicles that need service or repair
Utilizing fuel cards, businesses can closely monitor data and as a result control and forecast expenses. This gives you the ability to get ahead of problems and take steps to minimize costs before a big problem arises. The data can easily help you schedule routine maintenance such as tire rotations and oil changes in a timely manner which can help with both fuel and vehicle efficiency.
Fuel Cards can help fleet managers and small business owners in other ways including:
Fuel cards also give the small business owner the ability to monitor a driver’s odometer reading to make sure they’re abiding by the speed limit. While holding drivers accountable for driving the speed limit does help with safety concerns, it can also help reduce fuel costs. Drivers that normally cruise along at 75 mph can reduce their fuel consumption by as much as 20% when you reduce your speed to 55 mph.
Fraud remains a concern for plenty of small business owners, and fuel cards are a way to help reduce those worries a bit. Fuel cards are safer than cash, both from an internal-abuse standpoint as well as for external loss coverage. Plus, owners have the ability to set usage for fuel only when giving them to their drivers.
Idle time is another place that can have an impact on fuel costs. One hour of idle time equates to one gallon of gas. By utilizing Tracking System’s idle reports, fleet managers can monitor their fleet’s idle time, and use that data to coach drivers. A fleet manager can even receive an instant notification of drivers idling over a certain time threshold which gives them the opportunity to make corrections in the moment.
Are you ready to reduce your fleet’s fuel costs? Please feel free to give us a call so that we can talk through the GPS tracking and/or fuel card options that may suit your needs.hello