ROI
 
ROI
ROI
Most companies using SekurTrack™ experience a Return On Investment (ROI) in about 90 days! Use the simple online calculators below to determine your potential ROI based on just a few factors. (Numbers used are general examples and the ROI will vary between systems and customers).
Online GPS ROI Calculators
  • ROI GPS
  • ROI PASSIVE GPS
  • FUEL ROI
  • SEKURPAY ROI
  • GPS Cost Saving ROI
View Customer Success Examples with the use of GPS Vehicle Tracking  
Type in your specific variables like employee wages and number of vehicles in your fleet for your own personalized report to print and save)Other useful Calculators
 
From Readers Digest, February 2006

Fuel Saving Tips

  • Do not speed. Every 5 mph you drive over 60 mph is equivalent to paying an extra 20 cents per gallon.
  • Stop tailgating. Frequent stops and starts costs you an extra 1-2% in fuel efficiency 
Department of Energy, Argonne National Laboratory Study
  • Engine: Over 55 MPH it takes 73% increased horsepower to cruise at 60 MPH, 159% increased horsepower to cruise at 70 MPH.
  • Fuel Cost: Research indicated that each mile per hour above 50 MPH increases fuel consumption by 1.5%.
  • Tires: Tire wear will almost double at road speeds of 70 MPH or greater.
  • Maintenance Cost: Increasing from 60 MPH to 70 MPH increases the cost by 80%.
Potential Benefits
There are many significant opportunities to increase the efficiency, productivity and accountability of your organisation. Improvements in these areas will lead to an increase in profitability in as little as 30 days depending on how your operation is run on a daily basis. Almost all of the benefits can be applied to any service, delivery or sales organisation.

Use the information for an employee bonus programme and a cost-savings sharing programme. Help employees to quickly accept the idea of using SekurTrack™ technology in order to keep up with the times and increase the financial position of the company. Employees value their jobs (especially in a tight economy) more than they do the idea of being supervised. SekurTrack™ technology is just another management tool to help manage the business. It can also be one that brings noticeable benefits to the employees.

Use SekurTrack™ technology to resolve customer disputes related to arrival time, service duration and service location. Employees will appreciate this type of support. Help employees when they are lost. By knowing the location of the vehicle, a dispatcher can quickly assist a lost driver. This helps the employee stay on schedule and not have to work too quickly or run up overtime.
Fuel Economy Benefit: 7 - 23%
Equivalent Fuel Savings:$0.26-$0.86/gallon

Slow your vehicle's average speed. Get your vehicles to stay below 65 mph on the highway and 45 on other roads. This ties directly into fuel consumption, maintenance and accidents. This will save you approximately 10% on your monthly fuel bill. Monitoring vehicle maintenance will only be evident over time. It may take a year for you to really see the difference on your P&L but it has to come if you are driving fewer miles.

Verify the accuracy of time cards. This is generally a key area for improvement. Most companies recover their monthly fee and the cost of their SekurTrack™ solution (from this one factor alone) in the first 3-6 months. Request your administrator to compare the SekurTrack™ start-stop report to the actual time cards since the unit has been installed. Determine what the average margin of error is and then compare that to the time cards before you installed our SekurTrack™ system. SekurTrack™ may pay for itself this month.

Verify sales calls. If you can get just one additional sales call in every three days you have increased the number of sales calls by 7 per month. If you have a sales call to sale ratio of 1:5 you can expect to increase sales by this amount. If nothing else you will realize a reduction in the cost of paying mileage or fuel for unproductive driving or personal business on company time.

Monitor the time per stop. Service managers know how long it takes to make a delivery or perform a service. By watching the stop time they can determine if the employee is "socialising" with customers, not being proactive or not spending enough time with your customers. This ties into customer cancellations, allowances, returned inventory and sales. Efficiency is the name of the game.
You can improve your fuel mileage by around 3.3 percent by keeping your tyres inflated to the correct pressure.

Market the fact that you are using SekurTrack™ technology and that you are committed to customer service. No more telling customers "I will be there between 8-5." This is not acceptable in today’s market. This will facilitate the closing of sales when all else is equal. You only need one deal per year to cover the cost of the SekurTrack™ technology. If you run ads you might say something like: "We use SekurTrack™ technology to ensure the quality and timeliness of our service."

Contact your insurance company and request a discount when you can show them that your vehicles are now driving slower, driving fewer miles and that you are reducing the risk of accidents. If your insurance company will not give you a reduction then simply shop around. There are many insurance companies that will be pleased to offer discounts once you can show an improvement.

Allow employees to take vehicles home at night. If an employee is paying $300 a month to drive a vehicle to and from work, he can sell one of his cars if he can take the company vehicle to and from work. This gives the employee a $300 a month raise and it cost you $0. We recommend you make this an option for current employees and a requirement for new employees. In exchange for saving the employee $300 a month you may charge them a restricted use fee of about $8 per week. This helps offset your cost of fuel and the SekurTrack™ system that gives you the confidence to let them take the vehicle home. The company will also benefit by not needing a parking area and will not be paying wages for driving from the employees home to the first job or from the last job to the employees home.

Use the Alert function and Begin-End day report to eliminate moonlighting, driving after hours and unwanted stops during the workday. This will save you money on wages, fuel, and maintenance, limit your liability and provides for better customer service. Your driving policy must be a written policy to reduce your liability in case of legal action. Consult your legal counsel for preparing this document.