ROI Under 90 Days!
14 Day Return On Investment
Return on investment is driven by three variables. How your organization embraces these will determine the speed at which the ROI is achieved and the size of the financial benefit.
- Adherence to policies and procedures which is fed by data-driven decision. Are you willing to enforce the rules when data tells you there is an issue?
- Adoption of a GPS tracking and telematics system to generate data. The data from a GPS tracker is important to almost all departments of service, delivery and transportation companies.
- Management commitment. Is every manager from the field supervisor to senior leadership willing to embrace the data and be held to the same standards?
“Fleet tracking saves 3-5x the investment & ROI averages less than 90 days!”
Orkin Pest Control Case Study
Orkin Pest Control pioneered the use of GPS tracking data in the late 1990’s. Orkin started by addressing the $25,000,000 annual issue of safety-related financial liability. Orkin implemented key policies around fleet safety. CEO, Mr. Rollins, mandated 100% compliance and for the past 10+ years have attributed $27m in savings to improved safety. Fleetistics should know because founder and president Eron Iler worked for Orkin Pest Control at the time and brought the GPS tracking technology to Orkin in 1997.
Return on Investment win
Orkin’s big Return on Investment win was based on communicating policy clearly to employees, and enforcing that policy. As a self insured fleet, every accident avoided translates to thousands in bent metal savings. Even more important is reducing if not eliminating collision related personal injury or loss of life.
With that in mind, we have guidance available on setting your policy and introducing it to employees.