GPS Tracking Blog

Unmanaged loss prevention can take a big bite out of your business profits.  One of the most effective tools business owners are using today to prevent loss and deter thieves is GPS tracking systems.  Along with GPS tracking software, these devices can help you get a grasp on the profits you could be missing out on.

Prevent Theft with a GPS Tracking System

GPS tracking systems provide a powerful deterrent for both theft and the misuse of company assets and time.  When staff members are aware of GPS trackers deployed on your vehicles or heavy equipment it greatly reduces temptation.  For example, an employee who knows that his routes of travel are being tracked is far less likely to use a company vehicle for personal travel.

Recover Stolen Assets

If you happen to be the victim of theft, GPS tracking devices installed on your corporate assets can assist authorities in recovering the stolen asset and avoiding a loss.  With GPS tracking software, the location of the stolen item will be pinpointed, allowing authorities to reach it faster, and reducing the likelihood of damage.

Manage Payroll Costs

Payroll can be one of the most daunting costs for any business. If your business needs to trim the fat from overtime or other hourly wages, a GPS tracker and GPS tracking software may be just the tool you need.  For example, staff members who are aware that there time and movements are tracked using GPS tracking software, are less likely to claim time that wasn’t actually worked.  Plus, GPS tracking systems can reduce your overall payroll costs by helping you find more efficient ways of doing business, such as using less fuel, correcting inefficiencies in routes of travel and dispatching.

In a world where  cutting business costs is necessary to remain afloat, the last thing any business needs is lost profits through inflated payroll costs, or the theft or misuse of company assets.  Consider GPS tracking for business to manage loss prevention.