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If you're a fleet owner, you might be wondering how productively your assets are being utilised. MiFleet, fleet accounting software integrated with Cartrack Fleet Web, helps you evaluate your fleet and optimise your business's profits. Here are three ways to do it.
1. Measure the Level of Vehicle Usage
Through the "Charts Dashboard" menu, you can view a comparison chart of your fleet's mileage. You'll see whether all vehicles are being used equally, whether they're achieving productive mileage, and whether they're being used most frequently and least frequently. This information allows you to further analyse the usage of each asset.
2. Vehicle Fleet Cost Analysis
On MiFleet, you enter all costs incurred per vehicle, such as insurance, vehicle loans, service and maintenance, taxes, damage, replacement parts, tolls, traffic tickets, etc. After that, you can view a list of all vehicles, each with its total monthly and annual costs, via the "Fleet Status" menu. For further analysis, you can go to the "Reports" menu, which provides several automatic reports, such as vehicle costs per km, costs per trip, and costs per driver.
3. Optimise Fleet Business and Profit
Analysis of asset usage and fleet costs helps you evaluate vehicles, drivers and trips in terms of business profitability. This way, you can decide whether you need to reduce the number of vehicles and drivers, or reorganise your asset usage system. Various strategic considerations based on data processed by MiFleet are certainly able to make the fleet business more optimal and increase profits.
Study and re-evaluate your fleet's operating costs with MiFleet, transforming data into more informative and effective tools. Identify profitable and less profitable vehicles, drivers, and jobs, and optimise your business's bottom line! Get a FREE DEMO of MiFleet from Cartrack now!
