When budgets tighten and every dollar counts, fleet managers and business owners are on the lookout for effective ways to save money. While cutting costs might seem like the go-to solution, investing in a GPS tracking and fleet management system can actually save your fleet thousands of dollars every year.
Here’s how Argus Tracking can help you achieve this:
Mitigating Theft and Recovering Stolen Vehicles
Theft is a significant concern for fleet operators, leading to expensive losses and disruptions. With GPS tracking you can:
Mitigate theft risks by monitoring vehicle locations in real-time.
Recover stolen vehicles quickly, minimising downtime and financial loss.
Investing in this technology means that even in the unfortunate event of a theft, your chances of vehicle recovery (and the associated cost savings) are significantly improved.
Lowering Insurance Premiums
Did you know that implementing a GPS tracking system can lead to reduced insurance premiums? Some insurance companies offer discounts for fleets equipped with advanced tracking solutions because:
Risk is reduced through real-time monitoring.
The likelihood of theft recovery increases.
Check with your insurer to see how much you could save by implementing GPS tracking - those premium reductions can add up quickly!
Extending Vehicle Life with Compliance Tools
Regular maintenance is crucial for keeping your vehicles in optimal condition, and Argus Tracking makes this easier than ever:
Check Sheets ensure that all vehicles undergo routine inspections, helping to catch issues early before they become costly repairs.
Vehicle compliance monitoring keeps vehicles up to date with automated RUC and registration renewals, reducing the risks of fines.
Driver Licence Reporting ensures your drivers remain compliant, avoiding potential legal issues and fines.
By staying on top of vehicle maintenance and compliance, you can extend the life of your fleet, reduce unexpected breakdowns and save money on costly repairs.
Optimising Fuel Expenditure with Fuel Watch
Fuel is one of the biggest expenses for any fleet, but with Argus Tracking’s Fuel Watch you can:
Monitor fuel expenditure closely to identify inefficiencies.
Optimise routes and driving habits to reduce fuel consumption.
Ensure fuel spending is allocated correctly, avoiding misuse.
By monitoring and managing fuel consumption, you can significantly reduce this major operational cost.
Avoiding Fines and Penalties
Compliance isn’t just about keeping up with regulations; it’s about avoiding hefty fines that come with non-compliance. With Argus Tracking you can:
Automate licence renewals and compliance tasks, reducing the risk of missing deadlines.
Stay compliant with all relevant vehicle and driver regulations, keeping your fleet running smoothly and legally.
By ensuring that your fleet is always compliant, you can avoid costly fines and penalties that can eat into your bottom line.
Enhancing Asset Productivity with Utilisation Reports
Maximising the productivity of your fleet assets is key to improving your ROI. Argus Tracking’s Utilisation Reports allow you to:
Identify underutilised vehicles and optimise fleet size accordingly.
Prolong vehicle life by ensuring even distribution of use across your fleet.
Improve resource allocation for better overall efficiency.
These insights enable you to make informed decisions that save money and enhance fleet productivity.
How Much Can You Save?
At Argus Tracking, we’re not just talking about theoretical savings - we’re providing real, tangible results. On average, here’s what your fleet can expect:
Daily savings: $14.82 per vehicle
Monthly savings: $450.75 per vehicle
Yearly savings: $5,409.05 per vehicle
For fleets of 5, 10 or 20 vehicles, this translates to:
5 vehicles: Up to $27,045.25 per year
10 vehicles: Up to $54,090.50 per year
20 vehicles: Up to $108,181 per year
Calculate Your Savings
Want to see how much your fleet could save with Argus Tracking? Use our ROI calculator to find out how our GPS tracking and fleet management solutions can boost your bottom line.
