Return on Investment (ROI) from using GPS Tracking Systems

Save enough on fuel, overtime, and other costs to pay for the system in mere months!

Return on Investment From using GPS Tracking Systems

  • Savings Calculator

    Some of the benefits of a tracking system can be easily quantified into cold hard numbers to give you an idea of the savings that can quickly be realized.

     

    Our Return on Investment (ROI) calculator covers some of the typical savings tracking using conservative assumptions to help you estimate what you can expect.

        

    Employee Productivity    

    Time lost to employee’s that start a few minutes late, take long lunch and breaks, and leaves a bit early at the end of the day, can really add up.

    # of employees:

    Hourly wage: $

    Minutes recovered per employee per day:

    Total productivity savings:

     / month
     / year

     

     

    Reduced Overtime  
     

    # of employees:
    Hourly wage: $
    Hours saved per driver per week:
    Total overtime costs avoided:

     / month
     / year

     

     

    Reduced Fuel Consumption

    		  

    Efficient routing and better driving habits (reduce unnecessary idling*, excessive speeding*, etc) will reduce fuel expenses.

    # of vehicles:

    Average paid for fuel per month

    % saved: --%

    Total fuel savings:

     / month
     / year

    * Idling typically causes more engine wear than driving. Excessive idling adds to fuel costs.

    * Excessive speeding causes additional engine wear, increased fuel consumption for each mile per hour, more tire wear, greater risk of accidents, more damaged sustained in accidents, risk of speeding tickets, increased insurance costs, etc.

     

    Reduced Vehicle Maintenance  

    Prolong your vehicle’s life and avoid costly downtime. Avoid accident repair costs.

    # of vehicles:

    Vehicle revenue per day:

    Reduced downtime (days per month)

    Total maintenance savings:

     / month
     / year

     

     

    Insurance  

    Avoid increased insurance premiums due to speeding tickets, poor driving records, accidents, stolen vehicles/equipment. In addition, many insurance companies will offer discounts for vehicles equipped with anti-theft and anti-speeding devices such as GPS tracking systems.

    # of vehicles:

    Insurance cost per vehicle / year:

    Discount %:

    Total Insurance savings:

     / month
     / year

     

    Moonlighting (Side Jobs)

    		  

    Workers engaging in moonlighting or side jobs is a problem especially in trades and service businesses. A tracking system can protect you from losing revenue to moonlighting & side-jobs. You will know about any unauthorized vehicle usage off-hours or on weekends or any side trips between jobs during the day.

    # of employees:

    Revenue per employee per month: $

    % Billings lost to side jobs:

    Total savings:

     / month
     / year

     

    Cell Phone Costs

    		  

    How many calls can be avoided if the dispatcher does not have to constantly contact the driver.

    # of vehicles:

    Monthly bill: $

    % saved:

    Total cell phone savings:

     / month
     / year

     

     

     

    Mgmt Time

    		  

    How much management time is being spent on dispatch, substantiating billings, etc.?

    Monthly salary:

    % of Monthly Time Allocated to Fleet Issues:

    Total savings:

     / month
     / year

     

     

    Lost Customer Billings  

    How much more additional business could have been generated if you were able to utilize your vehicles and employee’s better?

    # of vehicles:

    Additional income per service calls/deliveries/etc. per mth:

    Total extra billings:

     / month
     / year