Technology

FLEET MANAGEMENT IN A TECH DRIVEN WORLD

FLEET INDUSTRY IN A TECH DRIVEN WORLD
The fleet management has changed drastically over the years; every fleet manager wants to achieve large returns without wasteful expenditure but with various issues that exist within operating a general business.
There are major challenges delaying proper fleet management like time, cost, communication and customer service. With a constant state of rapid growth, more and more fleet companies are moving from manual methods to digital to save money, time, and increase efficiency. Let’s look at how digital fleet management solutions have helped fleet companies in recent years.
WHAT IS FLEET MANAGEMENT?
Fleet management is a process that fleet managers utilise to manage all fleet and asset information, from acquisition through to disposal. This enables companies to reduce costs, improve efficiency, and ensure compliance with an entire fleet operation and provide compliance with government regulations.
Fleet managers are in charge of fleet operations and might be tasked with responsibilities that include vehicle maintenance, overseeing fuel consumption and fuel costs, driver management, asset utilization, route planning, insurance, driver training and implementing any programs that increase company productivity and efficiency whilst optimizing safety in the workplace.
It has been proven that companies that use fleet management solutions save time, money and achieve a large return on investment, and could:

  • Reduce accidents by tracking vehicles and monitoring driver behaviour
  • Save 20% on fuel costs
  • Improve fleet safety
  • Improve driver behaviour
  • Ensure fleet compliance.
  • Increase productivity
  • Save on maintenance
  • Reduce misuse of vehicle and theft

Insurance companies also encourage the use of fleet management software to help them save on their premiums. The savings calculator takes your current insurance costs, as you might decrease them by 10 to 15%. Some insurance companies give their fleet clients up to 30% of their vehicle premium back every year for good driving habits.
Not only does the fleet management solutions help you save money, but it also gets you more accurate information, vehicle usage and storage activities, you’re more aware of what’s happening with your fleet and how to manage it better and saving costs at the same time.
USING TECHNOLOGY TO MANAGE FLEET COSTS
Fleet companies often use vehicle telematics and fleet management software like PAISA’s Fleet Vision to increase fleet efficiency and to help reduce operational costs. Fleet controllers are faced with hectic deadlines, risks and challenges. Our bespoke offerings can help ease the burden of these risks and challenges that’s specially designed for fleet management. Access real-time travel data of your fleet and drivers with PAISA’s fleet vision, save time with optimised route planning and save money on insurance premiums and claims. Our live vision HD cameras captures and records live events for example, if a driver is involved in a crash or collision, the footage will help strengthen the case should it be found that the driver isn’t at fault and can make the insurance claims process easier and shorter. Such technologies can also help improve driver behaviour because fleet controllers can track and monitor drivers remotely, and with such information it allows for accurate evaluation on safe driving by providing coaching and encourage better driving habits for a safer work environment.

Author

Kedebone Motlatla

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