More Than Numbers: How to Effectively Use Telematics Data-Impac

More Than Numbers: How to Effectively Use Telematics Data

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More Than Numbers: How to Effectively Use Telematics Data-ImpacDue to fluctuating fuel costs in the market today, fleet companies are constantly seeking innovative methods to reduce fuel expenses while improving overall business operations. Telematics data has become a popular way for fleet companies to improve and impact their bottom line.

Fleet telematics not only tracks and reports driver behaviors, but they can be a useful tool in identifying fuel efficiency opportunities within a business.

However, in some cases, the raw data alone may not enough to reveal issues or identify areas of improvement–thorough analysis of several influencing factors can uncover a fleet’s true fuel patterns. For the end user, efficient usage of the data will pay off.

Driving patterns.  Although fleet managers use their data to primarily monitor and manage driver behavior, they should also be using it to improve fuel economy. Compiling this data will reveal which specific vehicles and drivers burn the most fuel.

Vehicle maintenance. Regular maintenance is an often underestimated way to improve fuel efficiency. Effectively used, fleet telematics can be set up to alert managers when certain maintenance needs to be performed to their trucks.More Than Numbers: How to Effectively Use Telematics Data-Impac

Staff involvement. To achieve vast efficiency, involving fleet staff with telematics analytics will address concerns and behaviors as a early as possible, which will encourage proactive resolution.

Best routes. With telematics, managers can see the real-time location of vehicles and drivers. Using this data allows managers to assign the most direct routes to the closest drivers–saving time and fuel.

There are a multitude of ways optimize telematics data, and if used effectively, can prove to promote sustainability within a fleet.

Impac offers the most comprehensive tracking and reporting system in the industry today through their fleet fuel card programs and GPS systems. At Impac, our fleet professionals strive to assist companies with effectively using their telematics data to promote continuous business growth and generate accelerating profits.

Contact us today.

Defeat Fuel Theft: Fuel Cards & Tracking Systems-Impac

Defeat Fuel Theft: Fuel Cards & Tracking Systems

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Defeat Fuel Theft: Fuel Cards & Tracking Systems-Impac A rising and recurring issue with fleets has been fuel theft.

Fuel theft can cost fleet companies significant amounts of money. However, fleet companies can become educated and aware of the fuel theft efforts that may occur within their operations to prevent such costs.

The three components that fall under the fuel theft umbrella include misuse, slippage and theft; misuse is when employees use company resources for personal gain, like fueling a personal vehicle with the company’s money; slippage is when an employee uses company dollars to purchase non-fuel items, like food; and theft is perpetrated by a third-party and may include stolen or skimmed card data.

Although the three forms vary from company to company, all equate to overall fuel theft.

Regular monitoring of employee actions through enhanced technology have helped detect and eliminate situations of fraud for fleets.

Fleet fuel cards present fleet companies with an innovative and easy approach to identify unauthorized employee behavior. A fleet owner or operator has the ability to set customized restrictions unique to each driver–including types of purchases, how much money that can be spent per day and where drivers can make purchases.

Defeat Fuel Theft: Fuel Cards & Tracking Systems-Impac

Along with instantaneous alerts, fleet card systems provide detailed reports that outline the specifics of each purchase made by cardholders. Due to the accuracy and reliability of the system, the administrative task of matching and organizing reimbursement checks is therefore neglected–ultimately saving the company wasted time.

In addition to utilizing fuel cards to conquer fraud, GPS tracking and reporting systems can show real-time employee location and has the potential to reveal important information, like underperforming vehicles or poor habits of drivers. This information can be used to track down the employees who may be responsible for such behavior and alter the issue almost immediately.

Contact Impac for a comprehensive solution to fleet fuel theft through fleet fuel cards and GPS tracking and reporting systems.

Improving Fleet Productivity-Impac

How Fleets Can Effectively Improve Fleet Productivity

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Improving Fleet Productivity-ImpacFleet professionals often have a lot on their plates. As fleets can feel overwhelmed by the number of tasks they are required to address for proper operations, fleet productivity may suffer.

However, there exists a plethora of practices and tools that can be implemented into day-to-day routines to increase overall fleet productivity; therefore, increasing revenue.

• Utilizing telematics. Telematics not only has the ability to track drivers, but the data provided can compile and be turned into actionable concepts to improve fleet productivity. With telematics, fleet managers can learn ways to optimize driving routes and reduce unnecessary driver behavior–pinpointing where the company needs improvements.

Improving Fleet Productivity-Impac

• Maintenance programs. Staying aware of fleet maintenance needs, like when to cycle out older vehicles, could cause fleet companies to be more productive. In the case of a faulty accident, improperly maintained vehicles causing major injury or fatality could result in a costly lawsuit.

• Safety as a focus. Safety metrics is a key aspect of fleet productivity. Focusing on driver safety could close any windows that may be leading to myriad issues that will hinder fleet productivity. It is important to push for proactive strategies as opposed to being reactive to issues that arise.

•Factoring fuel. As fuel is the largest expense for fleets, tracking fuel expenses by utilizing a fleet fuel card can significantly cut fuel theft and unauthorized employee spending. With this technology, spending limits and restrictions can be set to ensure the company is driving towards the optimization of fuel costs versus sedentary measures.

 Impac offers innovative GPS systems and fleet fuel cards aimed to optimize business operations. For over a decade, Impac has been dedicated to working with fleets of all sizes to ensure increased and sustained productivity throughout operations–offering a true turnkey solution.

Call us today to learn how we can increase the productivity of your fleet.

Optimize Fuel Cost Savings-Impac

Steps to Immediately Optimize Fuel-Cost Savings

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Optimize Fuel Cost Savings-Impac Although the cost of fuel is non-negotiable for fleet owners and operators, there are methods available to immediately optimize cost savings from the impact of volatile fuel prices.

Here are five methods that will result in immediate fuel-cost savings if practiced effectively:  

Promote conservative driving habits – Aggressive driving–such as speeding, rapid acceleration, and braking–has the ability to lower fuel economy on both highway and city streets. Fleet owners can save fuel by holding drivers accountable to observe speed limits and avoid harsh stop-and-go driving.   

 Maintain optimal tire pressure – Keeping tires inflated to the proper pressures can help improve fuel economy within fleets.  To understand the proper tire pressure for a vehicle, reference the owner’s manual.

 Utilize cruise control – Consistent speeds save fuel. On highways, instruct fleet drivers to utilize cruise control settings within their vehicle to improve overall fuel economy.

Plan efficient routes – Route planning not only helps minimize route miles but helps fuel consumption. Fleet operations should thoroughly plan their routes prior to hitting the road.

Implement fuel fleet cards – Fleet fuel cards can help detect driver idling, fuel theft, and after-hours fueling. These cards can reveal detailed reports of unauthorized driver activity and may result in payroll cuts–ultimately saving money.

Impac offers an innovative, comprehensive fleet solution to companies within the fleet industry. At Impac, we strive to provide a flexible fleet fuel card program aimed to expand overall fuel-cost savings. In addition, our team diligently works to investigate suspicious behavior amongst fleet drivers and offer consulting services to better optimize savings.

To ensure immediate fuel-cost savings, it is vital to work with a company who understands the ins and outs of the fleet industry. Impac is capable of handling all that is required of a single-source fleet card provider. Call us today to start saving.

Accident Avoidance Programs Can Lower a Fleet’s Liability Cost-Impac

Accident Avoidance Programs Can Lower a Fleet’s Liability Cost

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Accident Avoidance Programs Can Lower a Fleet’s Liability Cost-ImpacMotor vehicle crashes cost employers billions of dollars annually in medical costs, legal expenditure, property damage, and lost productivity. Industry vehicle accidents amount to approximately 6.5 percent of all crash injuries. Research shows that 94 percent of those accidents are due to human error.

Companies investing in a company-wide motor vehicle safety program has been proven to reduce their fleets’ liability and exposure to these crashes through prevalent education and precautionary measures.  

Protecting employees and assets from vehicle accidents can be a profitable investment, ultimately saving lives and reducing unnecessary company costs. Approximately, for every dollar spend on improving driver safety and implementing a well-designed safety agenda, the return-on-investment can be as much as three dollars earned for the company. Safety programs are an adjunct to help reduce health care expenses without minimizing employee benefits.

Well-informed employers understand employees are crucial to the success of their business. Portraying commitment to protecting the safety and welfare of workers can directly improve employee satisfaction and retention, resulting in unforeseen benefits for the business.  

Accident Avoidance Programs Can Lower a Fleet’s Liability Cost-Impac

To maximize results from an accident avoidance program, it is important to ensure the participation of all employees within a fleet-based company. Offering ongoing employee training could be advantageous to a business owner or fleet manager to remind their drivers that safety is not a part time job.

Decreasing a fleet’s liability cost is a main objective for a fleet-based company, but so is increasing savings on overbearing fuel costs. Impac’s fuel cards offer companies expense management solutions for commercial and governmental fleets of all sizes.

Contact Impac today to learn more about the importance of accident avoidance programs and how our fleet fuel cards can deliver additional savings for your organization.

Mobile Fueling Explained- Impac

Mobile Fueling Explained

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Mobile Fueling Explained- ImpacFleet fueling is the management method a company uses to fuel their fleet of trucks and cargo. The most common fleet fueling methods include fleet fuel cards, mobile fueling, on-site bulk fuel tanks, cash, and generic credit cards.

Mobile fueling, also known as wet-hose fueling, occurs when a fuel truck comes to a truck yard and individually replenishes each truck with fuel. In terms of money and time, mobile fueling is a more economical option opposed to off-site fueling.

Mobile fueling has been used in many areas for decades. Previously, this method was only done for off-road vehicles; now, its conducted in various areas like farms, logging operations, and construction sites.

Mobile Fueling Explained- Impac

For companies who drive local routes and return to the truck yard daily, mobile fueling is a prevalent choice. This method of fleet fueling offers the opportunity for supply, service and risk management through real-time transaction data and fixed price fuel hedging solutions. The convenience associated with this method is also highly reputable. Mobile fueling distributors have the ability to service a company’s fleet overnight or whenever they are not in use. This flexibility allows ample time to resolve potential equipment issues the fleet manager may encounter.

Through wet-hose fueling, storing fuel on company grounds is no longer needed, eliminating environmental and safety concerns. In addition to these positive advantages, mobile fueling can provide a fleet-based company with a superior amount of savings on their fuel expenses. Wet hosing is a cost-effective method of fleet fueling for large fleets of trucks that more commercial businesses are incorporating into their fueling practices.

Unsure what fleet fueling method is most beneficial for your organization? Impac can help. Impac’s fleet fuel card program offers the most comprehensive tracking and reporting system in the industry today, guaranteed to save big on your fuel expenses. Contact us today to get started.