Why businesses that don’t have fleet management software are at a disadvantage
Expert Opinion: Your business is at a competitive disadvantage if you have a fleet of vehicles but no software to manage it. Your company won’t be able to manage daily operations without this essential technology because you won’t have real-time visibility over your drivers.
The market worldwide was estimated by Allied Market Research to be worth $19.47 billion in 2020. By 2030, it’s anticipated to reach $52.50 billion, representing a 10.6% CAGR between 2021 and 2030.
There is a cause for the segment’s expansion. The sooner problems like poor driving practices and excessive gasoline prices are identified, the better.
You will benefit from an efficient fleet management application on several fronts. However, if you choose to manage without the necessary technologies, you will be at a disadvantage.
Continue reading to find out why skipping fleet management software for your business is a mistake and how installing it would significantly improve things.
You will face higher Vehicle Repair Costs
Do you wish to stay away from pricey repairs that you might have put off or avoided? You don’t want your drivers to face unexpected vehicle repairs while they’re out picking up and delivering goods daily.
The ability to receive warnings for maintenance and repair needs is one advantage of employing fleet management software. Preventive maintenance entails taking care of wear and tear concerns before they worsen and cause downtime difficulties that lower production, efficiency, and income.
Knowing when the vehicles need maintenance will enable you to arrange for the least amount of downtime.
You won’t be able to run your Fleet Efficiently
When your business operates a fleet of vehicles, a lot is on the line. Software for fleet management is more than just a cool accessory. It might be both a game-changer and a necessity.
Your company will be at a disadvantage if you don’t have a fleet management solution. For your company, the cost-benefit analysis justifies at the very least taking into account a fleet management solution.
Don’t presume that all tools are essentially the same. Do more research to find the best ones for your company.
In comes the game-changer: Elixia Fleet
Why Elixia Fleet?
Fleet is a one-stop solution that takes care of all your major and minor fleet management requirements pertaining to taxes, PUC, vehicle fitness, permits, document expiry, renewals, and much more. It includes battery management with replacement reminders for your vehicle batteries. It has a comprehensive tyre life-cycle management module that helps you maintain complete inventory, distance covered, servicing, and replacement reminders. And it gives you a placeholder to upload all your vehicle documents and gives you alerts and reminders for expiry and renewals.
Another important aspect of vehicle maintenance is vendor management. Dealerships where vehicles are purchased, finance/loan providers, insurance companies, and other relevant parties are included. Elixia Fleet gives you the power of maintaining a complete master database of all vendors and dealers. It includes pricing and payment information as well.
The system also gives you a provision to log and track complete repair history and records and regular service reminders with associated costs to ensure that vehicles are always in top condition. This also helps you analyze your costs and optimize vehicle performance and related expenses. With this module, you can also keep track of breakdowns, accident claims, and its historic data along with insurance claims and expenses incurred.
Elixia Fleet records and tracks accessories, inventory, identification numbers, and utilization details, including an approval mechanism. The product also logs refueling and analyzes data patterns for vehicle mileage, expenses, and fuel utilization.
The solution’s best feature is that it includes a hierarchical approval method for essential transactions and payments that require approval, with timestamps for requested and actual approvals to minimize maintenance delays. You can use the full product or choose specific modules on a pay-as-you-go model. So the next time you see someone going through the trouble of maintaining records and struggling with fleet management, be sure to recommend Elixia Fleet to them. They will surely bless you!
Benefits of fleet maintenance management
Some of the advantages of a well-planned fleet maintenance management process are:
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Less downtime and higher productivity
Efficient fleet maintenance management improves vehicle reliability and increases business productivity and revenue potential. Proper maintenance increases the likelihood of completing site inspections and orders on time, reduces unexpected breakdowns, and improves customer satisfaction.
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Lower repair costs
Timely maintenance may decrease repair costs for your business as a damaged vehicle could run without visible problems before breaking down. Managers can identify these problems early on and fix them with proper fleet maintenance management.
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Reduced operational expenses
Well-maintained fleets produce vehicles with excellent performance and cost-effectiveness. Fewer vehicle breakdowns and repairs due to proper maintenance decrease operating costs by lowering fuel consumption.
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Better inspection and testing results
The FMCSA in the USA requires routine inspections and testing for commercial vehicles. Failure to comply incurs hefty penalties as it’s against the law. Proper fleet maintenance management improves fleet and driver safety, ensures adherence to rules, and prevents downtime due to violations.
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Maintain vehicle resale value
Performing routine vehicle maintenance through fleet maintenance management makes it easier to maintain the resale value of your commercial vehicles. Proper fleet maintenance management tracks necessary documents, such as maintenance records, for presenting to potential vehicle buyers as proof.
If you are looking to cut down on your fleet maintenance costs and ensure that your fleet is always up & running on the road, then Elixia Fleet is the answer for you.
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