Most business owners are regularly looking for ways to increase productivity, improve efficiency and empower collaboration across the board. Often, this is done in the name of cutting costs. Any opportunity you have to “do more with less” or “work smarter, not harder” is naturally one worth taking advantage of.

Entrepreneurs and small business owners typically try a wide range of different tactics to meet these goals, ranging from major organizational and structural changes to paying closer attention to who they’re hiring in the first place. But one of the options that could prove to be among the most effective is also the one that people don’t think enough about. GPS tracking technology has become so sophisticated that it can easily improve the day-to-day operations of your business in a host of unique ways that are certainly worth exploring.GPS Tracking

Automation, Communication and More

One of the best ways to leverage GPS tracking to the benefit of your organization has to do with automating both your time sheets and your payroll capabilities. Instead of forcing employees to spend time manually filling out their time sheets (those HR officials will then have to collect and process), systems exist that will do all of this on their behalf. Not only can you guarantee that your employees are actually at work when they punch in, but this is also hugely beneficial for fleet management and situations where workers are spread out over a large geographic area, too.

Studies have shown that this will generate benefits in other areas, too. Put yourself in the shoes of one of your employees. If you know that your boss has the ability to watch your every move, the chances are high that you’re going to work as hard as possible. Whether that means taking more efficient routes as a driver or not going one minute over your 30-minute lunch break doesn’t matter. A study from Concordia University found that this type of electronic monitoring was directly associated with higher performance, and even from a macro level, it’s easy to see why.

This type of GPS tracking technology can also lead to better customer service, too. If you always had real-time visibility into the exact location of every vehicle in your fleet, you would know precisely who to dispatch to a customer’s location to take care of an emergency based on who happens to be closest. That would result in a faster and better outcome for the customer, thus increasing satisfaction (and likely your revenue, as well). You would also be able to give customers more accurate information about when they can expect deliveries.

Finally, GPS tracking can help you reduce your insurance costs significantly. This is something that fleet managers across the country have been making use of for years. GPS tracking allows you to look for trends and patterns in your data that would have otherwise gone undiscovered. You can see exactly which drivers aren’t taking the most efficient routes, or who is speeding or violating any other rules of the road.

Based on that information, you can re-train (or eliminate) those problematic drivers and see the quality of your fleet improve exponentially. Plus, having one of your cars stolen isn’t something you really have to worry about anymore when every vehicle is equipped with GPS. Even if a truck does go missing, you can easily see where it is and give that information to local law enforcement so they can help get it back. The reduction in your insurance costs alone will likely help relieve a significant part of the hardware and software investment in the first place.

All told, any one of these reasons would make an investment in GPS tracking worth it for most business professionals. But when you consider how easy and cost effective it is to unlock ALL of these benefits at the exact same time, it’s easy to see why the jump to GPS tracking for your business is one that is more than worth taking.