Business vehicle tracking
Business vehicle tracking can improve safety and accuracy. Find out more today
Business vehicle tracking helps you to track and monitor your fleet’s activities. Whether you run a small business with a fleet of just two or three vehicles in or a larger one with many more, vehicle tracking can offer a range of benefits.
On this page, we have brought together information to help you understand what sort of benefits, features, and costs you can expect to find when you start tracking your business’ vehicles.
For information about any specific part of this process, simply click one of the links below:
- What is business vehicle tracking?
- How does business vehicle tracking work?
- Pricing tiers for vehicle tracking
- Benefits of vehicle tracking
- How can small businesses benefit from vehicle tracking?
- What are the drawbacks of vehicle tracking?
Read on for information on how to improve driver safety within your fleet whilst reducing reduce outgoing costs.
Or, if you want to compare quotes straight away, complete the form at the top of this page. Startups’ comparison process is free, quick and easy, and it could save your business both time and money.
What is business vehicle tracking?
Vehicle tracking – as you might expect – is a service or process where vehicles’ movements are tracked. This same principle is true in both non-commercial and commercial vehicle tracking, though there are, of course, differences.
Improvements in technology over the years have made it easier for businesses to track the performance of both staff and equipment. And, the rise of GPS technology means that you can now track and monitor your fleets.
With vehicle tracking, you can monitor your drivers’ routes, speeds and arrival times, as well as ensuring that the proper checks and stops are made. These various features help businesses to achieve their goals and can contribute significantly to the safety and economy of your fleets
As well as the above-stated security reasons, fuel management, employee productivity, time efficiency and safety are the main ways businesses can benefit from vehicle tracking. This is all part of a new drive towards efficient fleet management as great savings on fuel and improved customer satisfaction can be made.
On the other hand, private/personal vehicle tracking is used as an anti-theft measure, often on higher value cars, private vehicle tracking is an effective way to track a stolen vehicle. Some advanced systems will even allow the owner to remotely disengage the engine in the case of theft. A worthy investment if you run a high-value automotive business such as a wedding car rental service.
Also, due to the additional security protection a tracking system provides, some insurance companies will reduce their premiums for those with accredited systems fitted.
How does vehicle tracking work?
Vehicle tracking systems allow you to see the intricacies of your fleet’s journeys. From stopping times, brake force expenditure, speed, fuel consumption and route, all of the details needed to provide a more efficient, cost-effective and safer service are formatted into digestible metrics. Fleet management has never been simpler.
Different vehicle tracking technologies include:
- GPS Vehicle Tracking
- RFID Systems
A GPS (global positioning system) or RFID (radio-frequency identification) is used to track the exact location of individual vehicles in the fleet. Each vehicle carries a tracking device that communicates location and other metrics through satellite or radio signals. From this, time, speed and fuel consumption are calculated and formatted into a dashboard of information, the presentation of which will depend on the vehicle tracking solution you use.
Business vehicle tracking costs
Tracking your business fleet does cost money, though often this cost is offset by improvements in other areas.
Tracking your fleets’ routes is a great way to improve them. If you see that your drivers could take a different route and reduce fuel costs, then you could see an immediate return on investment (ROI). Below is a guide to vehicle tracking pricing tiers.
Pricing tiers for vehicle tracking
Because there are different factors involved with vehicle tracking prices, it is often easier to compare prices using a tiered system.
The list below contains a rough comparison of vehicle tracking tiers.
- Entry-level vehicle tracking – suitable for fleets of 1 to 20 vehicles, with route and fuel tracking included. Cost: £10-£15/month
- Mid-level vehicle tracking – suitable for fleets of 21 to 50 vehicles, with the same features as above. Cost: £15-£20/month
- Advanced-level vehicle tracking – suitable for fleets of more than 50 vehicles, with the same features as above as well as custom tools. Cost: £20-£30/month
The prices above are a guide, and should not be taken as absolute – to get more accurate figures, you should compare quotes. Complete the form at the top of this page to do so today.
Business vehicle tracking benefits and features
Here are some of the top advantages vehicle tracking will have for your company:
Vehicle tracking can help you to monitor your drivers carefully, ensuring that unsafe habits or practices are stamped out.
Tracking your drivers allows you to monitor routes and fuel usage, providing data which can be used to improve efficiency throughout your fleet.
- Customer satisfaction
As well as offering internal benefits, vehicle tracking can also allow you to provide information externally. With tracking in place, you can keep customers aware of your drivers’ locations.
This is useful in delivery businesses, but can also help in the sectors where customers need – or would like – to know a drivers’ whereabouts.
- Locate vehicles
By using vehicle tracking on your vehicles you can become eligible for insurance discounts. The more vehicles tracked, the bigger the potential saving.
This is where information like real-time traffic monitoring and other environmental information, is shared via GPS M2M (machine to machine).
A vehicle tracking system will have a GPS tracker fitted, and therefore, drivers can share key information throughout the fleet, so re-routing and diversions are easily communicated if necessary.
Allowing your staff to act in an unsafe manner, or allowing them to work in an unsafe environment, can have enormous repercussions.
Though there are costs associated with setting up and running a vehicle tracking system, it is important to remember the high ROI.
If you lose a vehicle or have one stolen, then tracking is the only way to find exactly where it has gone. From a security point of view, this is a valuable tool.
If you would like to reap the benefits of vehicle tracking, we’ve put a handy guide on the best vehicle tracking systems together for you to see which company might offer the best services for your business.
How can small businesses benefit from vehicle tracking?
Many different businesses can benefit from vehicle tracking, no matter how large or small your fleet might be. Whether you run a taxi service, manage a fleet of delivery drivers or have a team of construction workers who all drive a company vehicle, a wide variety of businesses see massive benefits to tracking their fleet.
If you think running a taxi or hire firm might be your next big business venture, take a look at our helpful guide on how to start a taxi and private hire firm, or, how to start an HGV agency are good springboards of information if you’re looking for more commercial business vehicle ideas.
What are the drawbacks of vehicle tracking?
While there are lots of benefits to vehicle tracking for your business, it’s also worth bearing in mind some potential drawbacks. Here are a few minor drawbacks to business vehicle tracking:
- Privacy and trust
Drivers within your fleet might feel that tracking them shows a lack of trust in their abilities and is an invasion of privacy. Depending on the size of your fleet, and how well you know your team, this could cause friction in a business, especially if you run your company as part of a family operation as tension within the team could be detrimental to work ethic.
- Your drivers aren’t robots
The information provided by a vehicle tracking system is data driven and non-contextualised, so the skills and abilities of hard-working and valuable members of the team might not be adequately represented in just the data taken from the tracking devices. A too-heavy reliance on the tracking information could lead to a robotic rather than human approach to managing your fleet.
- Tech troubles
As the pace of the technological age is ever quickening, and tech always improving, vehicle tracking could be seen as just yet another piece of kit to maintain, update and replace in the case of breakages. A backup plan is a good idea, so, in the case of a tech miss-hap, drivers aren’t left stranded on a job and you can still get in touch to offer the necessary support.
Get business vehicle tracking quote
The information on this page should help you to understand what your business might need from a vehicle tracking supplier. We’ve weighed up some of the positives and potential drawbacks associated with vehicle tracking, and it’s safe to say that tracking has a lot of business mileage.
For more information regarding the costs vehicle tracking will incur for your business, take a look at our page on vehicle tracking costs.
Or, to compare quotes from top UK suppliers right away, you simply need to complete the form at the top of the page. This comparison process is free, quick and easy, and it could save your business both time and money.