Installing telematics in your business’ commercial vehicles could help to significantly improve your fleet’s performance and efficiency.
Telematics are small boxes that are fitted inside commercial vehicles to collect valuable data and information.
This information can then be used by your business to monitor vehicle and driver performance.
Just some of the information and data that can be monitored using telematics includes:
- Fuel consumption
- Driving patterns
- Routes taken
- Vehicle performance
You can then work together with your fleet drivers to make changes to the way they work in order to improve performance in several key areas including:
Efficiency – Telematics can be used to help drivers to work more efficiently by choosing the fastest routes and avoiding traffic. A more efficient fleet will also reduce operating costs by increasing fuel efficiency.
Safety – Telematics can help to flag up unsafe driving habits including harsh breaking or accelerating and speeding. Ensuring that your drivers are driving safely can help to reduce costly damage to vehicles and the risk of accidents occurring.
Vehicle performance and maintenance – Set up your telematics to send alerts about your vehicles’ performance to help you to keep on top of maintenance tasks to reduce the need for repairs and keep your vehicles running smoothly.
Operating costs – By honing driver and vehicle performance using the data gathered by telematics you could significantly reduce your fleet’s overall operating costs. This is achieved primarily by improving fuel efficiency, reducing the number of accidents, and keeping up with vehicle maintenance.
Driver job satisfaction – Telematics provide fleet drivers with the data they need to perform better in their jobs. Providing your drivers with modern telematics technology can help to make their jobs easier and more rewarding, resulting in happier, more productive employees.
If you require financial help or advice with updating your commercial fleet, speak to our team here at Richmond Asset Finance by giving us a call on 0113 288 3277. We provide a range of flexible vehicle finance and asset finance services.