Technology and Bottom Line Impact

With the unprecedented and rapid development of new technologies, which ones represent the best potential for your business – and when is the right time to acquire them? This clip explores ways to make those decisions. When faced with decisions that affect nearly every corner of your business, such as how to allocate your capital, you need to be certain you’re asking yourself the right questions for narrowing your options. Here are five key questions to consider: – What is the potential ROI? – What are the short- and long-term goals? – How will this decision influence the company’s other decisions? – How much capital is the business generating? – What will you do if it doesn’t work out? Relative to fleet management, use telematics technology for achieving transparency. With a real-time view of the driver’s behavior inside the vehicle plus transaction data from fuel and maintenance costs, telematics data helps you identify and address your most costly, least productive vehicles and drivers.