9 Secrets to Reducing your Fleet Expenses
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Read moreThe case has long been made for the many benefits of fleet management software. Over 73% of fleet-reliant businesses in the UK have a system in place, with over two-thirds considering it to be either very or extremely beneficial.
But monitoring and managing mobile operations with GPS technology is just one part of a comprehensive fleet management solution that can help to reduce costs and increase efficiency. Many fleets go a step further, integrating video solutions to get eyes on the road, too. And once again, the majority are reaping the benefits.
Of those with a dashcam solution in place, over 80% believe it to be very or extremely beneficial. When we dig into the advantages such a system can offer, it's not hard to see why. With a smart video solution, businesses can improve coaching, promote safe driving, increase accountability and help protect drivers from inflated or frivolous insurance claims.
Since implementing an integrated dashcam solution, 67% of fleets have improved driver safety, 41% improved protection from false claims, 55% reduced accident costs and 50% lowered insurance costs.
An intelligent dashcam solution does much more than record events on the road. When powered by AI, it can capture, classify and notify management of incidents as they happen. So you'll know the what, why, when and where within minutes – instead of trawling through hours of footage. Here's how it works:
With an unbiased witness to what's happening on the road, you get valuable insight that can help improve driver performance, drive fleet safety and protect your revenues.
Traditionally, it has been difficult for fleet managers and business owners to get an objective view of what happens on the road. But this is no longer the case. Verizon Connect's innovative video solution lets you view the context around unsafe driving, accidents and more with a clear and accurate account of events.
A comprehensive video solution can identify when there has been an accident, a near miss, or a case of dangerous driving and notify you of the incident in an instant – giving you vital information on the driver, vehicle, speed and location.
This video evidence can give you a defence to protect your drivers, support or defend against security claims and increase trust and accountability across your workforce. When footage is combined with data collected by your GPS fleet management solution, you'll also get increased visibility of your operation, helping you work smarter, improve processes and make faster business decisions.
Data gathered by your video solution and fleet management system can be used to create safety scorecards. The safer the driver, the higher the score. Those with the highest scores can be rewarded with underperformers incentivised to improve. So you can enhance your training programmes with actual footage of problematic behaviours and customise coaching based on real-world events rather than assumptions.
Visit our solutions page to find out more about AI-powered integrated dashcams – or book a free demo to see it in action.
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