Optimize Your Business Potential with Vehicle Telematics

The telematics solutions market is projected to reach $62.6 billion by 2025, up from an estimated $29.9 billion in 2020. Not just the transportation and freight industries reap the benefits of this system. Almost every industry has space in their regime to integrate telematics into their business and some of them use this technology a little bit differently than the rest. Almost all industries can be integrated with vehicle telematics.

Telematics works to help fleet managers conduct their vehicles, drivers and other fleet employees. With telematics, GPS devices work to track your vehicle, trailers and assets successfully while also gathering vehicle data such as a full trip history of your vehicle and other actionable insights fleet managers can use to improve vehicle and driving conditions.

Improvements Telematics Can Make to Your Fleet Management:

• Boost Fleet Efficiency
  With actionable insights from our telematics and fleet data, you can track your drivers’ progress, improve communications and streamline your workflow. 
   

• Eliminate Cases of Fraudulent Toll Reimbursement and Refueling
  Telematics will automatically verify toll card payments and gas reimbursement by matching fuel sensor data, vehicle location history and fuel-card recipes. Making sure each driver is using their authorized cards at all times. 
   

• Always Know Exactly Where Your Assets Are
  With our GPS units, you don’t only know the exact location of your assets but also ensure the cargo is accounted for from dispatch to delivery. For extra safety measures, you’ll receive alerts and footage whenever the cargo door is opened and the cargo itself.
   

• Actionable insights on the conditions of your fleet
  From the petrol intake to driving behavior, telematics gives fleet managers all the information they need regarding their fleet. They also receive real-time alerts used to address maintenance issues immediately before they escalate. This allows you to keep your vehicles operational for longer, saving money on large repair bills, avoiding critical safety violations, and protecting your Compliance, Safety, and Accountability (CSA) scores. 
   

• Realtime Tracking
  Easily track the progress of your deliveries with automatic job status updates via SMS or email with electronic signature and photo sent, for that little layer of assurance and safe delivery.
   

• Accurate Dispatching Schedules to Ensure On-time Deliveries
  Use the Cartrack communication app for easy information transfer from fleet manager to fleet driver. Say goodbye to incorrect customer information, ensuring faster deliveries and happy customers.
   

• Have Streamlined Communication
  Fleet telematics can drastically improve communication between drivers and fleet managers or administrators in a business. Improved communications, combined with accurate vehicle location, can help you accurately estimate arrival times and improve customer satisfaction.
   

• Decreased fuel costs and operational expenses
  Telematics can assist in uncovering waste areas, such as vehicle idling or fuel leakage, and allow fleet managers to rectify them quickly, improving fuel efficiency in the business and the bottom line. It can also assist management in planning the most efficient route for each driver to save wasted miles.
   

• Increase Driver Safety
  Accidents are always harmful to businesses and could be worse for drivers' health and safety. Telematics can be used to improve driver behavior and promote overall road safety. Fleet management software collects telematics data on your team's driving habits and ranks your drivers according to their safety scores. You may then teach your drivers safer driving habits and improve the overall safety of your fleet. 

How Does Telematics Work with Other Fleet Software?

Businesses are increasingly relying on telematics and fleet management software to assist them in managing their fleets. Fleet management software, a branch of telematics, is popular among modern companies as a way to manage the vehicles in their possession. Fleet management systems allow them to gain a comprehensive view of the health, profitability, and productivity of their entire fleet. Many fleet managers use both fleet management systems and telematics to simplify and efficiently compile gathered information.

What is Fleet Management Software?

Fleet management software is a large information database where you can keep track of everything and anything linked to your fleet. These records may include:

• Purchased or leased vehicles

• Vehicle information

• Maintenance plans

• History of parts and service

• Compliance documentation (insurance, licences, tax)

• Fuel transaction logs

• Operating costs

• Financial data

The purpose of using both telematics and fleet management technologies is to reduce the administrative processes associated with managing all fleet lifecycle information. This helps make sense of a fleet in terms of operating costs and total cost of ownership, as well as ensure that you are operating legally, complying with regulations, and effectively maintaining assets.

As such, these fleet systems usually have quite comprehensive reporting tools that can set alerts and send emails while perfectly integrating with third-party systems that offer financial solutions like Cartrack’s SARS-compliant logbook feature. 

Also read the article: Perangkat[r2]  Telematika yang Mungkin Anda Butuhkan untuk Memantau Truk Trailer Anda

Are Both Systems Needed?

If you’re asking yourself if the use of both telematics and fleet management software is truly needed to optimise your business, the answer is YES. These systems work together to improve fleet efficiency and productivity and provide several benefits that can easily be observed as soon as the technology is integrated into a business. The benefits include:

• Creating risk analysis by combining driver behavior information with data on accident rates, medical history and fines

• Safety monitoring

• Elimination of costly idling

• Improved routes for travel

• Streamlined processes by eliminating administrative time

• Improved accuracy by eliminating redundant data entry

By incorporating telematics and fleet management software into business practices, you can reduce investment and operating costs in a variety of areas, including fuel purchasing, leasing, maintenance, accident management, and accounting.

Gain Fleet Insight with Cartrack

Use Cartrack’s fleet management solutions as well as the telematics technology to have your whole fleet under your control and watchful eye. Be informed about all the comings and goings of your fleet at any time and location. Contact us on 021 3973 0230 and take the first step in achieving fleet efficiency.