3 Ways a GPS Tracker Minimises Losses from Company Fleet Accidents

Accidents, whether major or minor, cause financial losses for companies. Not only do they incur costs for vehicle repairs and medical care for accident victims, but companies also bear the cost of temporarily incapacitating vehicles and drivers. As a result, fleet productivity declines, work completion declines, and revenue declines. GPS-based fleet management solutions have proven effective in improving driving safety, thereby minimising losses from accidents. Here's how.

1. Detecting & Correcting Risky Driving Behaviour

GPS tracker monitors several risky driving behaviours, namely speeding, harsh acceleration, harsh braking, and sharp cornering. Automatic notifications can be sent directly via email or SMS to both you and the driver whenever such driving behaviour occurs. This monitoring increases drivers’ awareness to drive more carefully and prioritise safety.

 

2. Manage Vehicle Maintenance and DVIR

To reduce downtime, your vehicles require preventive maintenance. If schedules are usually set manually based on dates, with a GPS tracker you can also schedule maintenance based on mileage or the operating hours of each vehicle. Notifications can be set to trigger a certain time or number of kilometres in advance, as well as their frequency.

Besides preventive maintenance, GPS tracker software also provides a Driver Vehicle Inspection Report (DVIR) feature. Drivers can report any vehicle issues they experience while on duty, supported with photographic evidence, which can then be followed up by the maintenance department. The progress of each report can be viewed by drivers, ensuring they are also informed whether the vehicle is still faulty or has been repaired. At Cartrack, you can find this feature in the dedicated driver application.

 

 

3. Evaluate & Improve Driver and Vehicle Performance

With Artificial Intelligence (AI), GPS tracker software can assess driving behaviour—you can use Driver Score Reports and Driver Safety Reports on Cartrack. To measure risk based on driving behaviour and vehicle usage, use the Risk Management Report, which includes, among other things, the number of trips outside working hours, risky driving behaviour alerts, idling, speed, stop time during working hours, total operating duration, and total kilometres. These reports help you evaluate drivers and ensure that vehicles are used evenly and responsibly. Proper vehicle usage can prevent aggressive wear and tear and thus reduce the risk of accidents.

 

Monitor your drivers and vehicles with Cartrack GPS Tracker today! With features such as driving behaviour monitoring, automatic alerts, scheduling management, DVIR, and intelligent reporting, Cartrack effectively minimises losses from fleet accidents in your company. Contact us now and get a FREE LIVE DEMO!