You might think that the only reason fleet cameras are used is to monitor your fleet staff or record accident footage, but there is so much more to know about the benefits of fleet cameras. Adding cameras to your fleet can boost profitability by increasing fleet efficiency, cost savings, and mitigating fleet risks.
Cartrack’s range of Vision Solutions offers advanced yet affordable fleet cameras to boost your profitability and ensure you gain the full benefit of fleet cameras.
Fleet staff are often hesitant about using dashcam and fleet cameras even though they recognise how helpful these cameras can be. Although the driver buy-in on cameras is very low, there is an exponential benefit for business. One of the most overlooked benefits of fleet cameras by businesses is how they can boost profitability. Still, well-used cameras improve your overall operational efficiency and fleet risk management, ultimately resulting in a better financial position for your business.
Let’s show you seven ways this investment promises high returns for your business through improved productivity, increased cost savings, and lower insurance costs.
Fleet cameras enable real-time monitoring of driver behaviour and vehicle health conditions. These cameras offer effective tools to improve driver productivity and optimise your fleet’s performance.
By reviewing camera footage, managers can understand their drivers’ behaviour while out on the road and pinpoint bad driving habits like idling, speeding, harsh braking, and other reckless driving, which they can address with targeted training for drivers. When drivers improve their behaviour and driving skills, they not only enhance fleet safety but also improve fuel efficiency and reduce vehicle wear and tear. Improved driver behaviour helps businesses:
The presence of cameras encourages drivers to be productive, avoid unnecessary stops, and use their company vehicles properly. This improved accountability is an example of workforce optimisation, which will help improve both productivity and profitability for your fleet. In addition to reducing accidents, improving fuel consumption, lowering maintenance costs, and improving driving, driver monitoring with cameras helps businesses:
If your business also uses incentive programs to motivate drivers, fleet cameras ensure that drivers achieve set delivery targets or order fulfilment without compromising on safety.
Fleet cameras significantly contribute to your fleet’s cost savings and increase your profit margin by lowering your fleet’s operating expenses.
If you suspect any fuel theft in your fleet or are worried about vehicle misuse and the impact this has on your fleet’s fuel costs, then cameras can help you identify fuel theft, address fuel inefficiencies, and reduce your fleet’s fuel expenses. Cameras deter thieves from targeting your fleet and discourage your internal fleet staff from misappropriating your assets.
These cameras help increase cost savings and in-turn secure more profits:
The most popular reason for introducing fleet cameras is the benefit when it comes to your insurance because these cameras can lower your insurance costs, depending on the insurance company you choose to use. With clear footage of incidents that can be used as evidence in potential disputes, insurance can offer lower premiums, or you can gain a lower premium over time by reducing your claim frequency.
Businesses opt to install fleet cameras mainly to mitigate the risks involved with running vehicle fleets and owning assets. For example, if one of your delivery vehicles is hijacked or stolen, not only do you suffer immediate financial loss from the cargo and vehicle theft, but you would also experience long-term loss from delayed delivery, prolonged insurance claims processing, and other losses from vehicle downtime. Fleet cameras are instrumental in mitigating such risks for businesses.
Camera footage can capture all incidents on the road for evidence to clarify who is at fault in an accident and protect your drivers against fraudulent claims and staged accidents, such as someone jumping in front of your vehicle to claim against your insurance or hold your driver liable.
Fleet cameras can ensure that, in such unfortunate events, your business doesn’t suffer drastically by:
Fleet cameras help protect your various vehicles, for example, delivery trucks and service vehicles, as well as equipment and machinery such as forklifts, trailers, and construction machinery. This is important not only for safety reasons but also to secure a significant return on all your investments. Fleet cameras protect you in the following ways:
Integrating fleet cameras is all about monitoring and recording, not only for business gain but for drivers and other fleet staff too. For example, Cartrack's Vision Solutions are equipped with other safety features such as GPS tracking, a panic button, two-way audio communication for drivers and managers, and AI-detecting sensors to enhance driver safety too. Fleet cameras help businesses secure their financial future by ensuring compliance and safety now and reducing the risk of accidents or financial losses later:
Fleet cameras are an excellent tool for ensuring fleet compliance, so investing in these nifty gadgets now saves you the future cost of financial loss from neglecting safety.
Well, there you have it—seven ways that cameras can boost your profitability. But how do you know which cameras are perfect for your fleet?
Our wide range of 4G camera Vision Solutions for businesses is designed to improve fleet and driver safety and mitigate risks, but ultimately, each of these solutions should help boost your profitability.
Cartrack’s Dual Vision: This vision solution features two cameras, one road-facing and another in-cabin camera. It is the perfect solution for your business if you want a 4G telematics and camera solution. Managers can live stream with audio and remotely request footage at any time from anywhere. Dual vision helps boost your profitability with easily retrievable footage for video evidence in a crash or other incident. It’s one of your business's most simple yet effective fleet camera solutions.
Cartrack’s Multi Vision: With up to 4 different cameras, this vision solution provides road and cabin-facing video recording. You can also add an internal and external camera, which can be fitted according to your specifications. In addition to live streaming and remotely retrieving camera footage, this solution is perfect for you if you are also concerned about cargo and fuel theft in your business.
Cartrack’s AI Dual Vision: Equipped with AI technology, this version of a dual vision camera offers even more for businesses requiring more driver safety assistance. This vision solution automatically detects distracted and bad driving behaviour, audibly alerting drivers in-cabin in real time so they can fix their behaviour to prevent potential accidents and notify fleet managers.
Cartack’s AI Multi Vision: This feature-rich vision solution is ideal for your business to prevent accidents and monitor and record cargo or fuel theft. You can also install up to eight cameras in your fleet vehicles to eliminate blind spots, prevent accidents with AI, and download event-based footage.
With the wide range of products available, finding the right Cartrack vision solution for your business won’t be difficult because each solution is customised to your needs.
Let’s take a quick look at how you can use our Cartrack Vision solution to boost profitability in your industry below.
Fleet cameras in mining: An AI Multi Vision or Multi Vision solution is one of the best options at your remote mining site because of its built-in proactive risk management perks. Mines are notoriously challenging terrain, with even more safety and accident risks, or risks related to fuel and cargo theft or swap-outs.
Cartrack’s Vision Solutions help mitigate these risks by:
Using these cameras can help boost profitability from your mining by preventing incidents, increasing cost savings, and improving productivity.
Fleet cameras in transportation and logistics: Each of our Vision Solutions makes the perfect addition to your fleet, no matter which part of the transportation and logistics industry you are involved in. With Cartrack's advanced camera solutions, you can track your vehicles, trailers, and assets in real time and live stream or video record every journey.
Cartrack’s Vision Solutions help your on-the-road fleet:
Fleet cameras can boost your business's ROI by increasing efficiency and productivity, reducing costs, and mitigating risks that could have cost you thousands otherwise.
Cartrack’s Vision Solutions offers advanced yet affordable fleet cameras so you can reap the benefits and secure a return on your investments.
Contact us today for more information.
Discover how fleet cameras boost business's profitability and get the most out of Catrack’s Vision Solutions.
