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The specific benefits of GPS tracking will vary based on what kind of GPS system is used, the capabilities of the GPS software, and what the solution is used for Common benefits of using GPS tracking include

Benefits of

GPS Tracking

Reduced Theft Risk

High-cost assets are a tempting target for thieves. GPS tracking allows users to collect recent GPS location data and relay it to authorities, greatly increasing the odds of recovering stolen assets intact and returning them to service

Reduced Fuel Consumption

GPS tracking helps fleet managers reduce wasteful driving behaviors and unauthorized vehicle use, reducing fuel consumption. Some GPS devices will also provide you with MPG (miles per gallon) data which you can view right in the software dashboard

Increased Driver Accountability

GPS tracking provides an impartial, verifiable record of driving activities and behaviors. This enhances driver accountability, and allows fleet managers to more accurately track driver adherence to organization guidelines for driving safety, schedule adherence, and more

Lower Insurance Costs

Some insurance providers offer a discount for using GPS tracking on vehicular assets. The amount & availability of the discount may vary from one insurance provider to the next

Improved Maintenance Scheduling

Using GPS tracking devices with remote diagnostics helps fleet managers identify which vehicles need preventative maintenance so that small fixes can be applied before they become a larger, more expensive problem