Tell Us Your Story!

We Hear a Lot of Great Success Stories

Fleetistics is sponsoring a contest for a chance to win an Amazon gift card when you tell us your story.  We hear lots of great stories from our customers, all kinds of stories actually.  Things like amazingly quick recovery of a stolen vehicle, litigation avoided after a collision based on telematics data, and one customer reported discovering that his clients with the prettiest receptionists always received much longer stops than others.

Tell Us Your Story

With that in mind, tell us your story!

We want to hear your GPS tracking success story.  Your experience could be exactly what someone else needs to know, so tell us your story for a chance to win a $50 Amazon gift card.  Even better, have your story featured on Fleetistics’ Blog with a link back to your business. Only Fleetistics’ customers are eligible to win.

Put those writing skills to work and tell us your story today.  Email it to contact@fleetistics.com.  Deadline for submissions is January 29, 2021.  We will select a winner from the submissions we receive to tell your story in an upcoming blog post.  Your name, logo, and a link to your website (with your approval) will be posted as well.  We look forward to hearing about your success with telematics and sharing your story with others.  So send us your story today!

If You’re Happy And You Know It

If you're happy sing along

If you’re happy and know it, write a review

If you’re happy and know it, write a review

If you’re happy and you know it, then your stats will surely show it

If you’re happy and you know and write a review

 

If you’re happy and you know it, tell a friend (about Fleetistics)

If you’re happy and you know it, tell a friend

If you’re happy and you know it, telling a friend will surely show it

If you’re and you know it tell a friend

 

If you’re happy and you know it, reward a driver

If you’re happy and you know it, reward a driver

If you’re happy and you know it, and your financials really show it

If you’re happy and you know it, reward a driver

Return on Investment Series: COI

Telematics & GPS Cost of Ignoring

Simply stated, the cost of ignoring is money left on the table. Cost of ignoring (COI) can be thought of as the amount of lost savings that result when a company fails to undertake a strategic business investment that would otherwise improve operational efficiency. For fleet managers it can be thought of as the incremental operating costs resulting from the improper use of telematics or lack thereof.

 

ROI v. COI

COI has the same strategic goals as ROI, however there are a few fundamental differences as seen in the table below. The primary difference is that COI is focused on minimizing operating costs, whereas ROI is focused on maximizing incremental revenue.

 

ROI v COI

 

 

Finding Savings

 

Each fleet is unique, and therefore each fleet can have drastically different cost structures. In our research, we found that two variables specifically impacted a fleets operating costs: vehicle class and vehicle mileage.

Here is an example: A long-haul Heavy-Duty (HD) fleet will have a very different cost per mile (CPM) breakdown than a low-mileage Light-Duty (LD) fleet. In general, the HD fleet will likely have larger proportional fuel expenses per mile, but the fleet will have larger collision and claims CPM.

Savings opportunities available to a specific fleet will change based on the fleets operating characteristics. This can make the opportunities difficult to identify and quantify.

In the next series, we will discuss using our Fleet Savings Summary Report to quantify the ROI & COI.

 

View previous Return on Investment Series post here.

Request more information here.

 

Four Benefits to the ELD Mandate

The ELD Mandate Can Improve Your Business

 

FMCSAs ELD Mandate provides an outstanding opportunity to simplify and streamline your handwritten recording process. Fleetistics electronic log systems automate the process. This reduces the time required to compile and maintain driver records. Automation means savings for your company. Let us take a look at the benefits of the Fleetistics ELD/eLog/Hours of Service system:

 

ELD Mandate Benefit 1Benefit #1 Elimination of handwritten log books. Fleetistics electronic log system replaces the handwritten log book with an easy-to-use mobile app run on an Android tablet or iOS iPad. Gone are the days of trying to decipher illegible log entries.

 

 


HOS-ELD-Compliance Benefit #2 Simplified roadside compliance reporting. When roadside log inspection is required, drivers simply click a button to instantly display a fully compliant report. As changes occur to reporting requirements, our system incorporates those changes. 

 

 


ELD Mandate Benefit 3Benefit #3 Real-time status for dispatchers. Dispatchers and other office-based personnel can obtain a drivers current status instantly.

 

 


ELD Mandate Benefit 4Benefit #4 Digital verification of logs. Never again will it be necessary to chase down a driver to obtain a signature to verify a log entry. Digital verification is provided through the tablet app.

 

 

 


The FMSCA ELD Mandate provides the perfect opportunity to automate the process of maintaining driver log information. Our system also automates compliance with the ELD rules. As changes occur to recordkeeping requirements, our system incorporates the changes to provide users with automatic compliance.

For a live demonstration of the Fleetistics ELD/eLog/Hours of Service system, contact your account manager today.

 

Return on Investment Series: Article 1

Telematics & GPS Return on Investment

return-on-investment

Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment, or to compare different investments. ROI measures the amount of return on an investment relative to the investment. To calculate ROI, the benefit (or return) of an investment is divided by the cost of the investment, and the result is expressed as a percentage.

The telematics industry has come a long way since the days of downloading data when a vehicle returns to home base and providing dots on a map. Today, telematics can provide fleet managers instant reports on location, vehicle driving behavior, maintenance alerts and so much more, thus providing a significant ROI.

 

 

5 Pillars of Fleet Management for Return on Investment

 

Safety – Speeding, harsh driving behavior, reverse, seatbelt, accident reduction
Productivity – Stop duration, dispatch, route efficiency, sales/service calls, timely service
Optimization – Proactive maintenance, odometer readings, vehicle health, fuel consumption
Compliance – Company policies, State/Federal laws, HOS
Expandability – Integrate with 3rd party software, power of the IOX, marketplace

Click here to request more information.