Advantages of using a Fleet Management System for your vehicles

Published By: LogiPe on July 25, 2022

In the field of logistics and transport, a fleet management system is an integral part of any company’s toolset that helps improve efficiency. With the multitude of fleet management service providers available currently, it is no longer restricted only to large corporations with large fleets of vehicles. Smaller businesses too can avail themselves of fleet management services and stand to benefit from them. Saving costs and increasing efficiency, these services help boost businesses’ profits across various industries.

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Caption: Fleet management systems make the management of large fleets simple and efficient.

[Source: https://www.freepik.com/vectors/car-illustration Trailer truck photo created by aleksandarlittlewolf -www.freepik.com]

What is a Fleet Management System?

A fleet management system performs a range of functions for the logistics end of a company. These include, but are not limited to, registering vehicles, assigning them to drivers, keeping track of their inventories, ensuring driver safety, and general fleet monitoring. All these functions are automated and centralised. The software also records and analyses data in this regard and provides regular reports, upon which the business can act.

What are the benefits of a fleet management system?

Using a fleet management system helps a company in various ways. Here are 5 prominent benefits:

Choosing the best company for fleet management

There is a multitude of fleet management companies on the market that offer their services for a range of prices. Choosing one out of them might not seem a straightforward decision. In this section, we try to establish criteria for deciding what companies are best for fleet management.

  1. Pricing

    Any business wishes to make the best deal for itself when making a new investment. When it comes to fleet management software, there are a variety of prices. Potential buyers should compare the pricing of various companies with their ratings. Usually, a more expensive product has better value, but this has to be verified with reviews and company history.

  2. Ease of usage

    The best Fleet Management Software is easy to gain familiarity with and intuitive to use. It is worth having a free trial of the software or booking a demo to get an idea for the product. The ease of usage can make a piece of software much more effective at its job, which is to help streamline the logistics part of the company’s work. One can manage driver expenses, payments, and access the dashboard easily on the go with LogiPe’s mobile app as well as from the website.

  3. Features

    Each fleet management software offers different features. Potential buyers must be clear on their goals and expectations of a fleet manager, and choose accordingly. Paying for utilities they will have little use for is a wasted investment. Many fleet managers offer uses that cater to specific niches, which customers must consider before buying. Further, any software purchased should also comply with local laws and regulations.

  4. Integrations

    Versatile fleet management systems make their onboarding easier by having a range of integrations inbuilt. Multiple integrations help them make the best use of other software used by the buyer and increase effectiveness. For example, LogiPe has FASTag, UPI, card and other integrations, so that everything can be managed from a single point.

  5. Company image and customer service

    In addition to the software’s features, the company’s image is also important in deciding. Is the company committed to its software? Does it release regular updates? This commitment could mean that the software receives maintenance when needed.

    Customer service is also essential. Is the customer service team responsive and helpful? A good customer service team means that issues with the software are dealt with promptly.

Conclusion

As we have seen, there are a large number of benefits to using a fleet management system. Equally, there are a large number of questions that need to be addressed when picking one. LogiPe is a one-stop financial solution offering services to streamline payments, manage driver expenses, and manage FASTag payments for fleet owners. Find out more about us and our services here.