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3 ways geofencing can cut costs for your fleet

Fleet managers need to know when drivers arrive at certain locations. Not only because of safety reasons, but also saving goals. That’s where geofencing comes in.

Timely arrivals, deliveries and departures can cut costs. Here are three ways geofencing can help fleet managers achieve that goal.

What is geofencing?

Geofencing is a location-based service that defines a virtual perimeter via GPS. Depending on your telematics service provider, fleet managers get automatically notified when drivers leave or enter a designated geofence area. You can track your driver’s movements with geofencing fleet management software. This allows you to identify certain events, like arrival at a location or traveling in the wrong direction.

Geofencing allows fleet managers to define zones for secure areas, construction and customers sites, and specific routing. However, geofencing helps fleet managers achieve more than that – it also helps prevent theft, stay on track and manage time.

Protection against theft 

SensiGuard Suppli Chain Intelligence Center (SCIC) says 217 incidents of cargo theft occurred between January and March 2020 in USA– that’s a lot of costs. Geofencing acts as an insurance policy to prevent theft.

Fleet managers can create geofences when they know assets are going to be in specific areas. Once the vehicle or asset is outside of the defined area, you’ll get instantly notified and can take immediate action, effectively. Further, you save the cost of your vehicle or asset being stolen.

Stay on track with geofencing

How do you know when a driver has arrived on-site and then leaves? Geofencing. It gives drivers accountability and can help your drivers stay on schedule.

When a driver has entered a certain area, recipients can be prepared to unload when it arrives. Instead of having to contact a field technician, geofencing alerts you when they’ve reached the site. It offers trust, boosts efficiency and saves time. Time saved means money saved.

Automated payroll 

With geofencing, you don’t have to keep track of working time for your employees manually. For example, if you have technicians on an hourly salary, it will help you track their hours.

Clients can use geofencing around job sites to make virtual timecards. If a worker leaves, the virtual timecard will record the time spent on a certain job. Therefore, you have the hours automatically logged into payroll, which helps you save time and focus on core business.

Geofencing fleet management software

fleet management solution like Webfleet can help you keep track of your assets and reduce fleet costs. Apart from the benefits mentioned above it also helps you know how your assets are being used with data points such as current position, trip, maintenance and automated reporting and monitor your whole operation from one easy to use interface. For more information, click here.




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