A Break on Taxes and Insurance:
Certain businesses can not only benefit from lower fuel and labor costs by using GPS fleet tracking, they can also benefit from a break on their taxes. The 2008 Federal Economic Stimulus Act allows some businesses to use an accelerated depreciation schedule for GPS tracking systems. This act also raised the amount that a business can expense for purchases like GPS tracking systems. Check with a tax professional to see if your business qualifies.
In addition to getting a break on taxes, many companies find that insurance companies look favorably on the purchase of a GPS fleet tracking. If you are not aware that your insurance company offers discounts for vehicles with GPS tracking, inquire about it.
GPS fleet tracking gives you important information about the complete picture of your business that you cannot always see when you are in the day-to-day grind. You can see who is driving where, who is completing the most deliveries and who is really a safe driver. This will help you make assignments, reassign duties and decide the future course of business activities.
GPS tracking systems allow you do more to protect your vehicles and other assets. You can avoid the cost and hassle of theft. Or in the event that a theft still takes place, you can trace your property much faster with a GPS tracking system.