5 Reasons Video Systems Help Reduce Costs for Fleet Managers

Fleet managers are regularly looking for solutions to optimize their fleet operations and productivity. To remotely track, monitor, and control the movement of the fleet, video systems and video analytics hold the key for improving their operational efficiency.

Today, video systems are an important aspect of any fleet operation. With ever-increasing accidents, thefts, lawsuits, and frauds, fleet management companies such as fleet managers NY are always on the lookout for integrated video management solutions to counter these challenges and reduce the monetary losses. It makes it possible for regular and traditional fleet companies to swiftly transition to a smart transit company.

The development of cloud-based video management software and their feasibility in connecting to other systems has revolutionized the business models of many fleet management companies. They enable better visibility, connectivity, and controls over the entire fleet. This equation introduces a new challenge in using, managing, and deriving insights of the big data generated, due to the increase of video feeds and the number of connected devices in the vehicle.

A cost-effective, modular, and scalable video system is the need of the hour for many fleet companies. Using them can mean the difference between the success or failure of a fleet management company.

They provide data that is integral to the long-term functioning of your fleet. A telematics system that includes video creates the accountability that every fleet manager should have. It’s important to be aware of all driver behaviors that can cause a problem to increase the chances of the safe and efficient completion of a route.

They can detect and report unsafe driver behaviors like:

The National Transportation Safety Board says it is compulsory for semi-trucks and other fleet managers NY to have fleet video monitoring systems installed in their vehicles. This makes it possible for companies to protect against fraud and improve driver accident rates and skill levels.

Dash camera benefits can save fleets a lot of money every year. Funds that you should be using elsewhere like to enhance vehicle fleet performance, boost profits, improve safety, and compensate employees.

Fleet Managers

5 Reasons Video Systems Help Reduce Costs for Fleet Managers

Using video systems has many times been the difference between the success or failure of a fleet business. Here are 5 benefits of using video systems to help improve security, create accountability, and streamline your business:

1. Recording/Preventing Accidents – Collisions – Crashes

One of the most visible benefits of vehicle dash cameras is its capability to record accidents. Capturing vehicle collations on video ensures that there is always a witness around. A lot of people have utilized accident footage to demonstrate that they were not at fault in an accident. Companies often face a huge battle to prove that their drivers are innocent. Most likely because many fleet vehicles are much larger than the average cars on the road.

There are over a million road deaths each year throughout the world. Installing a video system can cut a driver’s collision rate by 50 percent, saving businesses money, time, and legal fees, while keeping your trucks on the road where they belong instead of in the repair shop.

Some cameras that can capture video before and after an accident, so that when fleet managers come to review the footage, they will only look at the important events without wasting many hours and fast-forwarding through camera footage.

2. Preventing Employee Fraud and enhances accountability

Both driver fraud and insurance scams fraud is something that will cost you company money. Crash for cash scams where a motorist slams on their breaks in front of a commercial vehicle causing an accident has been going on for several years and have costs companies money and time while endangering other vehicle drivers on the road.

When a video system is installed on the dashboard it is much more difficult for scammers to take advantage of you. Vehicle monitoring cameras like have settings that can trigger recordings at different times or when active by the G-Force of a vehicle crash.

Also, it offers you peace of mind and driver accountability. When drivers know they may be watched they are more likely to be on their best behavior. This translates into drivers staying alert behind the wheel and your vehicles being well cared for. It also greatly lowers driver error and the use of cell phones while driving. With desirable features, managers can see live video clips from their vehicles.

3. Equals up-front savings on insurance costs

As the use of commercial trucking cameras increases, a lot of insurance companies are giving incentives for using them in the form of savings on insurance policies. Insurance companies know that commercial video systems lower the likelihood of fraudulent accident claims. It is recommended that you speak with your commercial auto insurance provider about any available savings your vehicles can claim.

Video systems also provide a great foundation for a comprehensive safety training program for drivers, that insurers often offer discounts to commercial brands for implementing. Also, being able to provide video footage can reduce the evidence collection time in the event of an incident, making it possible for quicker processing of your insurance claim.

4. Builds trust with employees and clients

Using video systems in your fleet management operations is something that shows both your employees and clients the level of value you put toward safety and accountability. Video hardware provides additional data that can be very useful for detecting driver-specific areas for improvement. It also provides an extra level of assurance to clients that their cargo will be safe in your hands and should an issue arise, there will be plenty of documentation via video telematics, for resolving it accordingly.

5. Prevents & detects external and internal thefts

Theft, whether it is by your employees or people outside of your company, is something that many fleet managers have to deal with. The presence of video systems, both internally and externally, often prevents employee thefts, but in the case that it doesn’t, you’ll have the video hardware to pinpoint the culprits. Having quality video cameras is also necessary when the situation needs law enforcement to use it to identify unknown suspects.

How to make your employees trust this technology

Integrating video telematics into your fleet management business may initially be met with opposition and mistrust from your employees. But, creating a driver incentive program as a part of the process can make the transition simpler for everyone.

By including everyone in the transition, you can create a company-wide commitment to the use of video technology. An effective driver incentive program will educate and empower drivers towards a higher standard of service. Some examples of incentives for consistently performing well are:

Getting the best video systems

Fleet managers need to know what to look for when buying video systems. Depending on the size, distance and volume your fleet covers, carefully select, and consider all of your brand’s needs. With all of the benefits of using video telematics to protect your fleet, there is never a reason to sacrifice quality for cost. Some things to look for when purchasing video systems include:

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