Telematics is ‘key solution’ for fleets to manage costs and expenses
New research from fleet and payment service provider
Radius Payment Solutions has revealed that managing costs and expenses is the
top priority for fleet managers in 2017, with telematics highlighted as a key
enabler to achieve these goals.
The Crewe-based company investigated the top concerns
businesses face when managing a fleet through a comprehensive, nationwide
survey of fleet managers.
Radius’ survey also highlighted that 25% of fleets had investigated
an issue with driver behaviour, which is a key reason for the introduction of
telematics in promoting driver efficiency and reducing fuel consumption.
Tom Pickles, director for telematics at Radius Payment
Solutions, said: “Fleets can sometimes be hesitant to introduce telematics
purely due to up-front costs - in fact one in three said that was the reason
for not using the tool. However, telematics can be accessible and affordable
for fleets of just two or more vehicles.”
Despite telematics helping insurers to set premiums based
on driver habits and the calculated risk of individuals behind the wheel, many
drivers might be hesitant towards the technology, feeling that it introduced a
lack of trust between them and their employer despite the monitoring of driver
behaviour falling under duty of care for many employers, said Radius.
However, Radius’ survey revealed that just 5% of drivers
reacted negatively to the introduction of telematics.
Mr Pickles added: “What was perhaps viewed as ‘Big
Brother watching you’ in the past is now being accepted as standard amongst
fleets, with telematics becoming part and parcel of everyday driving.
“Although there needs to be transparency between driver
and employer, more fleets are now aware of the benefits telematics brings to
drivers, not only in terms of improving fuel efficiency and making driving safer,
but also helping drivers through use of features such as route planning and
Radius Payment Solutions offers Kinesis, a telematics,
cloud-based fleet management solution. Its telematics enables fleet managers to
monitor the location, fuel consumption, activity and behaviour of their
vehicles with greater ease and in real time, regardless of location or number