In today’s time, GPS tracking is not utilized for national security. The situation has changed drastically in recent years. If you are thinking of hooking up your company’s vital assets with GPS trackers, you are not alone! GPS trackers have become more affordable and easily available. What’s more, their suitability for asset tracking applications are backed with their user-friendliness and operational power that’s packed within those units. Regardless of how big or small your business is, you are sure to find GPS tracking solutions that best suit your needs. Check out why you should start saying yes to asset tracking!
The Visibility Factor
When you use GPS trackers to track your assets, you will be able to receive real-time reports that comprise of current asset location and status updates. Are they used the way in a safe manner? Or are they in places where they should not be at? You will be able to answer these questions with exceptional ease. If you need to track large assets such as dry containers, heavy equipment, and trailers, you should definitely consider solar-powered asset tracking solutions. The highly efficient solar cells are capable of self-charging and energy-harvesting, and you never have to worry about using them to support long-term remote deployments. Say goodbye to the hassles of dealing with battery replacements!
The Accounting Factor
Have you thought about the billing benefits that come with GPS tracking? When you use GPS trackers on your assets, it will provide users with the exact duration the asset has been used. By having this type of information on hand, you can seamlessly prepare precise and accurate invoices and quotations to your clients. This will also help reduce the occurrences of potential client disputes.
The Insurance Factor
GPS systems for tracking assets can be used as anti-theft devices, which also helps you reduce insurance costs. In today’s time, there are two ways to make more money. One is to increase revenue, and the other reduce company expenses. When a business is in short supply or in a down economy, cutting back on expenses is essential to companies to stay competitive, especially when they various assets to manage. Let’s say that you do lose one of your assets. With a GPS tracker, you do not need to go through extensive paperwork or suffer a spike in insurance premiums.
The Asset Utilization Factor
Company assets that are not used for as often as they should, will not produce significant profit for the business. By installing GPS trackers onto those assets, you can find out if any of them are being underused. With this information, you can put them to work or even sell them. When GPS tracking boosts overall asset utilization, you will eventually enjoy increased profits.
The Asset Recovery Factor
The process of recovering stolen assets can be quite a hassle. It may even disrupt daily business operations if the stolen equipment is utilized on a day-to-day basis. You can mitigate the negative effects of those issues by installing a GPS tracking system to the asset that you are most concerned with. If you are working with the authorities, any GPS tracking information that you can provide will definitely speed up the overall process.