Do you run a business that involves delivering orders to customers or picking up products from vendors? If so, you need a fleet of reliable cars to ensure your uptime dwarfs your downtime.
You won’t make money — and can lose money – if your cars malfunction and are sidelined. When your vehicles are down and out, you won’t be able to perform deliveries and pick-ups, and you won’t make money if customers get tired of waiting and decide to look elsewhere.
While there’s no way to guarantee that your vehicles won’t break down, there are ways to lessen the odds of experiencing unplanned downtime that throws a wrench into your operations. With fleet management software, you’ll have the ability to get the most out of your fleet of vehicles.
The worldwide fleet management software market is growing. According to Fortune Business Insights, it’s projected to expand from $20.73 billion this year to $67.38 billion by 2029. That works out to a compound annual growth rate of 18.3%.
Continue reading to see three fleet management software benefits you need to know.
#1 Boost Fuel Efficiency
One of the reasons many people are going the electric vehicle route is that the cost of fuel is going through the roof. But not everyone can afford the cost of an EV. So, if your fleet consists of fossil-fuel-powered vehicles, you’ll want to do everything you can to boost fuel efficiency. That’s especially the case if your cars are on the road a lot during regular business hours.
Buying fuel-efficient vehicles for your fleet is a good idea. But there’s a lot more you can do. One is to purchase fleet management software. It can log and notify you of driver behavior contributing to excessive fuel use.
If you have drivers who drive aggressively, drive too fast, idle excessively, or take unnecessarily long routes, you’ll know and can address it. Correcting driver behavior can help you to cut your fuel bill considerably.
#2 Improve Driver Safety
Fleet management software can also help you improve driver safety. For instance, the system will send notifications whenever maintenance or repairs are needed. Without a system providing timely reminders, things can fall between the cracks.
So, it makes sense to leverage technology to stay on top of measures to keep vehicles in good repair. Your drivers will have safer vehicles to use. And cars that are taken care of are less likely to suffer breakdowns.
As was mentioned above, fleet management software will keep tabs on driver behaviors that should be corrected. So, you’ll be able to speak with drivers who, for instance, regularly drive well above the speed limit.
Correcting lousy driving habits will keep your drivers safe. Other people using the roadway and highway will be safer as well.
#3 Keep Track of All Fleet Vehicles
Another helpful feature you’ll get with fleet management software is the ability to keep track of every vehicle in your fleet. Without such a solution, you won’t have a streamlined way to track all your cars in real-time. Having a comprehensive view means you’ll be able to send dispatch instructions based on which drivers are closest to which customers or vendors. You can also avoid delays or at least have the ability to provide updates regarding any delays.
You need to consider these three benefits if your company doesn’t have fleet management software. You’ll be at a disadvantage if you have a fleet of vehicles but don’t have software that allows you to manage better such an essential group of assets in your company.
Whether you want to achieve fuel economy, increase driver safety, or gain a comprehensive view of your fleet on the road, fleet management software can deliver those and other benefits.