How Are Revenues Impacted With The Use of Fleet Management Software?

Fleet Management Software: When it comes to managing a fleet business, there are several challenging factors involved; right from accident management.


Fleet Management Software: When it comes to managing a fleet business, there are several challenging factors involved; right from accident management to route tracking, the list is endless. One such case in point of a business Simco Logistics, an ice cream distributor in the Mid-Atlantic.

Fleet Management Software

As usual, Simco’s tractor-trailer was driving within the speed limits on a highway, catering to the delivery demands of its clients. It was then, a light-duty vehicle skewed in its track, and coerced both the vehicles off the road.

Thankfully, neither of the drivers was hurt. Yet, the main problem was that neither would claim the accident on their name. Luckily, Simco had just collaborated with Samsara to get fleet management software solutions.

So, Simco’s tractor was fitted with a dashboard camera that recorded the whole accident. And Simco was able to exonerate its employee with video evidence. If Simco Logistics had not leveraged the Fleet Management Software (FMS), it would have been subjected to the payment of a huge ransom.

A drive that should have brought more revenue would have incurred heavy losses to Simco, had it not been for the FMS. This is just one manner in which an FMS can cut back on your unnecessary expenditures. Just like how the challenges of a fleet business are endless, so are the benefits that come with the FMS.

Wouldn’t you also want to leverage this dynamic software and grow your revenues, enhance productivity, and cut down costs?

Let’s introduce you to the buzz around the Fleet Management System.

Wiki Defined Fleet Management Software

Wikipedia’s description of an FMS reads as follows: “Fleet management software (FMS) is computer software that enables people to conduct a set of different tasks in the management of any or all things related to a fleet of vehicles owned by a corporation, government or other agency, covering all activities from the procurement of vehicles to maintenance to disposal.”

In short, it’s simply a software that helps you to streamline your fleet business processes, so that you can increase your revenues and productivity with cutbacks in your expenditure.

Sounds great, right?

Now, four components come with a basic fleet management software.  They are as follows:

  • Vehicle Management
  • Driver Management
  • Incident Management
  • Tracking

And under each of these basic components, there is a wide range of solutions offered. This varies from one service provider to the other. So, let’s now explore how some of the important solutions help you grow your revenues.

Fleet Management Software Solutions for Your Business

1. Fleet Vehicle Maintenance and Inspection

If your fleet vehicles should function to their fullest, then vehicle maintenance is indispensable. But in a fleet business, tracking the maintenance schedules is a daunting task that most managers ignore, only to get all the vehicles breaking down at the same time.

fleet management software

However, with an FMS, you will be automatically notified of all the upcoming checks in advance. This way, you’ll know when to send in what vehicles for service, all the while, keeping a smooth flow of movement of other fleet vehicles.

2. Fleet Driver Management 

Consider, for instance, where your fleet driver is keeping the vehicle running with the air-conditioner on, for more than an hour, in his lunch break.

Doesn’t sound nice, right?

Added to this, imagine you  being in the dark about this.

Highly problematic!

But with an FMS in place, you’d have the real-time tracker to monitor the routes that your drivers take, while on the job. This way, you can study the location and duration that your drivers spend idling.

3. Fleet Workers E Log Books

It’s never nice to have weekly timesheets flooding your desks. But this is bound to happen when your drivers log in and log off inaccurately during the work hours.

And really, spending hours together just to round off the figures to process the compensation is pure wastage of time. And it would have an enormous impact on your business too.

If by any chance, you end up calculating wrong, you’d then be paying out more, thus, negatively impacting your ROI.

Here’s where digitized logbooks or an E log can come to your rescue.

They can be attached to your fleet vehicles to calculate how many times the vehicle is being mobilized inaccurately post the task assigning. This would also give you the report of the hours a driver spends on the job along with their corresponding locations.

4. Fleet Vehicles Route Optimization

Consider a situation where your fleet driver misses the right turn, that he winds up missing a delivery, or maybe is not on time for a pick-up.

Awful, right?

This not only wastes your money but also incurs additional costs in terms of fuel dissipation and vehicle wears and tears.

But with route optimization, your drivers would be alerted about traffic, with optimal choices of routes to reach the destination swiftly. This way, the productivity of your entire team would become efficient. For, you’d be able to craft plans in advance concerning deliveries and dispatches.

The catch, save more money by inhibiting fuel and time losses.

5. Fleet Vehicle Tracking in Real-Time

If you need to operate like a savvy manager, you can’t forego real-time tracking of your fleet vehicles. It’s only through this solution that you can visualize the vehicle in question on the geographic plane.

With real-time tracking, you’d be able to know the vehicle’s exact location, analyze the routes it takes, and also activate geo-fences to enforce route optimization.

READ: The Benefits of Contract Lifecycle Management for Technology Firms

This solution also curbs the utilization of vehicles in the hands of unauthorized personnel and drivers. This would be most useful when you allow your drivers to take the fleet vehicles home.

This way, you would find out if your drivers put the fleet vehicles to run personal errands. So, simply install an FMS for your fleet business and omit such illegal activities.

How Are You Going to Impact Your Revenues?

The aforementioned examples illuminate the benefits and ROI that your business can procure by having an FMS in place. Sure, FMS offers opportunities for growth and better revenues.

But how are you going to impact your fleet business’ revenues?

Would you invest a little in an FMS to reap bountifully for your business, or would you still be skeptical?

Break free from the chains! It’s time you invested in an FMS to positively impact your revenues.

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