You know how fuel cost happens to be one of the significant expenditures for all types of companies with vehicles and drivers. Indeed, increased fuel consumption and expense can surely be worrying, especially when you have no efficient method of tracking your costs.
Not only does this disturb your overall profit gain, but it also causes other complications. If you’re surprised about your fuel cost and wishing for a change – it’s about time you take things under your control.
Much thanks to recent technological advances, fleet managers can now save up on their overall fuel cost via several methods. Statistics show an 8% average drop in fuel cost after using fleet tracking technology in 2020.
The benefits and the ease offered by fleet managing software like Drivestar are undeniable – think about all the capital you can save and invest into your company for improvement!
We present you with some ways by which you can efficiently control and manage your fuel consumption.
One of the key steps fleet managers can take to ensure optimal fuel cost is to keep track of their driver’s driving habits. As Drivestar will allow fleet managers to measure fuel economy, it can also provide feedback to drivers who may need to alter their driving behaviour in case the fuel economy of any particular vehicle is concerning.
Vehicle fleet managers can conserve fuel as well as reduce vehicle emissions by implementing programs, policies, equipment, or technologies, and regulating maintenance strategies.
Drivestar uses technology smartly by measuring how your drivers drive on every trip. It uses telematics data to record the overall speed range. This knowledge helps you in keeping track of how efficient and sustainable the driving is. In this way, your fuel is conserved because your vehicles will have a good fuel average.
Apart from optimizing the route, it is essential that you track your overall fuel expenditure to figure out any loopholes. Drivestar’s smart technology can help you gather in-depth information in this regard. With the help of such an advanced vehicle monitoring app, you can easily keep your fuel consumption in the record on fleet fuel card transactions and figure out where you’re losing money and how to avoid it.
Hence, you can quickly draw the margins when you have a precise calculation about how much fuel should be ideally spent versus how much is actually being spent.
Fleet managers can view the transaction reports in a dashboard created for the individual company and regularly updated. And observe the fuel consumption pattern. In this way, they can find areas for improvement and prevent any potential fuel theft.
Training drivers with fuel-efficient techniques plays a vital role in conserving every gallon of fuel and can help save a lot of capital. Fleet managers, apart from training, can provide promising incentives to drivers if they adopt a sustainable driving approach.
Special privileges or recognition can be awarded after tracking the driver’s performance. Fleeting software like Drivestar actively tracks the driver’s overall performance and pinpoints any irrational approach. When the fleet managers have a detailed record of their employees, they can award them accordingly. With the use of Drivestar managers save significant amounts of money meaning the rewards don’t even come from the company’s budget!
Drivestar will enable you to track your fuel cost and improve your fuel efficiency by incentivizing efficient driving practices.
Think about all the savings you can put to greater use if you’re in control of your fuel cost. You can do all these things, but how to tell your drivers to do that? Do you just simply tell them? And does that work? Measure to know. Drivestar uses an approach that the drivers will not only accept but enjoy as well. All in all, it’s a win-win situation!