Tuesday, September 22, 2009

GPS Systems in Company Vehicles!

By installing controls, monthly reporting, GPS systems, operating budgets, and accountable reporting, our client was able to reduce their overall operating expenses the first year by approximately $450,000.

If the company owns vehicles, the vehicles should have GPS systems installed. There are huge benefits to have a GPS system on all your company vehicles. The technology in the current GPS software can tell you the following facts:

  1. The Client was able to monitor those drivers who were speeding while using the company vehicle and reprimand those who violated the speeding laws, therefore reducing the amount of accidents by the employees, as well as lawsuits and the future auto insurance policy premium increases;
  2. The Client was able to identify where the vehicles were physically located twenty-four hours a day, reducing the possibility that the employees would have lunch at a bar, drink alcohol, and drive the company vehicle in the afternoon. This control reduced the possibility of DUI incidents with the company employees driving company vehicles;
  3. The Client was able to monitor the use of the vehicle during the weekends or after work hours, thereby reducing the cost of gasoline, oil, repairs, wear and tear, etc., thus reducing the overall expense cost for the use of the vehicle;
  4. The Client was now able to monitor the reporting of the overtime payroll hours by the employees who did not report to the office in the morning each day. The company was able to see what time the vehicle left the employee’s home in the morning and arrived home in the evening, providing the Company with a method to audit the hourly payroll. After the GPS systems were installed into the vehicles, the overtime hours were reduced by 80% after the first month of installation. The company experienced a reduction of payroll and associated costs of in excess of $200,000 per year.

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