The Fleet Dilemma: Dangers Of Not Utilizing A Software Tool
COMPANY FLEETS
Small, medium and large fleet businesses are faced with the dilemma of making choice about utilizing software tool for managing their fleet solutions. Doing without can have dire economic consequences, not to mention safety implications for the staff and vehicles of the fleet. Finance Executives must assess the various risks of no-software in order to make an informed decision.
The drawbacks of not using software for fleet management are manifold; shortsighted policy of skipping software can lead to operational inefficiencies and losses in terms of time and money. For instance, manual tracking of orders, shipments and vehicles may result in redundant processes and unnecessary delays. Without system compiling information, employees cannot make well-informed decisions, nor can they quickly detect any breakdowns and malfunctions of the vehicle. Furthermore, dispatching staff and delegating orders manually are highly prone to errors in terms of timings and completion.
Ignoring software for fleet business also entails risk for meeting the relevant safety standards. Regulatory compliance checks cannot be accurately performed without software tool that informs employees of the companies legal obligations. Such tool helps plan staffing in accordance with the safety protocols, and identify appropriate safety-gear for employees. Consequently, non-compliance can lead to severe penalties or even litigation.
Equally important is the potential financial liability of being without software tool. Unmanaged expenses are profound concern. For instance, funds not allocated properly may result in discrepancies between budgeted versus actual expenses. Mismanaging finances increases the risk of financial damage, and may cause the company to become liable for any accidents during the mission.
In addition, the fleet’s output is likely to suffer without software as vehicular productivity decreases. Costly maintenance for vehicles raises the risk of economic losses. Moreover, without software solution, manual processes eat up valuable time and resources; contributing to suboptimal productivity.
No matter the size of business, software tool for managing its fleet solutions is essential for successful and secure operation. This tool maximizes productivity and efficiency, and helps to effectively manage both safety and financial liabilities. Ultimately, it is often the incontrovertible choice for those in the C-Suite.
