In the aftermath of the coalition Government’s budget, where the change in VAT and capital allowances will impact most on those that both lease and buy their fleet vehicles outright, times look difficult, especially for SMEs running vehicle fleets. Installation of a vehicle tracking system can be an invaluable business lifeline.
Companies who lease their vehicles will only be able to recover 50% of the VAT on the finance element (not maintenance) of the contract, and fleets who buy vehicles outright are unable to recover this cost if the vehicles are also used for private use. Additional fleet costs are the increased insurance premium tax, which rises by 1% and the rises in fuel duty.
While Fleet costs continue to rise, the imperative to be more cost efficient becomes critical, especially with SMEs looking for even more ways to improve all round service and driver productivity, e.g. avoiding deliveries to the wrong address, drivers getting lost, billing disputes, locating drivers, etc.
Flexibility of choice with a customisable and modular fleet GPS tracking system can also provide a real solution to SMEs, as has been so successfully proven across larger fleet operations. They have seen significant cost savings, by as much as 15 per cent or more, and other security and safety benefits of installing mobile workforce tracking in their vehicles.
So often in the past, cost-cutting measures only result in a reduced service and lowered customer satisfaction, leading to loss of sales, or worse, long term contracts.
A straightforward, easy to understand and easy to use GPS vehicle tracking device which offers in-depth reporting and reliable connectivity can be a real solution to struggling SMEs.
In-depth reporting of speed, vehicle usage, idle times, and start up and shut down are vital information for SME owners to help make key decisions which will improve company performance, fuel-efficiency and driving habits.
For SMEs, a vehicle tracker can be specified for simple, daily usability and online system reliability, backed up with professional customer after sales technical advice and training by industry recognised UK telematics consultant suppliers like Cybit as a reassuring integral service.
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