For any fleet business, making profits is a top priority, isn’t it? But how can that biome reality when fuel prices fluctuate and with it bring uncertainty? Fuel management, whether done manually or using technology, is essential for all businesses. It helps them not just maintain their expenditure, but also reduce carbon emissions.
But how can a fleet management system aid this process? Well, as it claims to be, GPS tracking software is a complete toolkit that optimises several fleet business operations. This includes minimising fuel consumption as well. Let us find out how in the next section.
What are Fuel Monitoring Solutions
Fleet management software has several solutions that help them regulate the operation of a fleet. For fuel consumption, this system has fuel monitoring solutions. Some of the key features of these solutions are:
- Refill/Drainage Alerts: This feature allows managers to check when a fuel tank gets filled. This is done via the sensor that helps sense a rapid increase in the fuel level of the tank. On the other hand, it also senses any sudden drops in fuel levels. This can be due to manual fuel removal of any leakage.
- Fuel Reports: the system generates reports that help fleet managers pinpoint the reason why a business might be losing money. It can be due to bad driving or road conditions. Mileage reports also point out if high fuel consumption is due to any form of lacking maintenance.
- Real-time Tracking: managers have access to the real-time fuel levels of their vehicles. Thus, they know if the tank needs refilling or not. They can investigate any unnecessary expenditure of fuel this way.
- State Fuel Price: The software has a provision where the managers can check the live fuel price for any state in real time. This means they can make decisions based on this information. While travelling interstate, they can ensure that fuel purchasing happens in the states that have lower prices.
Benefits of Using Fuel Management Solutions
There are several benefits that a fleet business can gain from using a fuel monitoring system. Some of these include:
- Higher Profits: when fleets do not consume as much fuel anymore, businesses can save up the expenditure previously wasted. This helps them become profitable.
- Less Wastage: Fuel is an exhaustible resource and waste is harmful to not just the fleet business, but also the environment. Thus, this system helps preserve this resource by reducing consumption.
- Efficient Decision-making: Reports that the system provides can help make decisions for the fleet. Managers have access to data that helps them find the shortcoming of their fleet operations. Thus, they can eliminate reasons why a vehicle might be consuming more fuel. This includes the
- Reduced Pilferage: Fuel theft is a grave problem standing in front of fleet businesses. Stealing fuel directly from the tank is eliminated via drainage alerts as managers can put a stop to such activities. Live fuel tracking also helps mitigate issues related to odometer and receipt manipulation.
Trackobit
, Your Business’ One True Friend
Now that we know of the ways fuel management systems can be beneficial to a fleet business, the next question arises. What is fleet management system to invest in that will give you the best fuel monitoring solutions? Well, the answer is quite simple- TrackoBit!
TrackoBit is the leading rental vehicle tracking system in the market with various solutions aimed to make route planning solution simple. This makes it easy for businesses to navigate their fleet operations and do away with issues that might be affecting their profits.
