Higher insurance premiums can account for a sizable portion of a company's overall fleet management costs. An increase in accident rates commonly brings on high insurance-related costs. Fleet management software can address the safety issues that lead to increased crash rates, resulting in better insurance rates. When using traditional fleet management solutions, addressing underlying problems in real-time, such as reckless driving behavior, and implementing a necessary training program can be challenging. One of the most effective ways to reduce higher insurance premiums is to ensure that your current solutions produce fast changes in safe driving behavior across your fleet. To reduce higher insurance premiums related to higher rates of accidents, you should ensure your current fleet management solutions can recognize risky driving behavior and act in real-time to address safety concerns. Tourmo’s AI-powered Driving Behavior solution will improve the accuracy of your data and provide reliable, safe driving analysis. You'll feel more confident making choices that will lower costs, increase employee engagement, and lower accident risks with accurate data. Also, a fleet-wide driver scoring program creates opportunities to positively recognize good driving behavior while creating competition amongst drivers and having them working to improve their own scoring. Driver scoring recognition programs also help improve driver retention, another critical area for all fleets. The benefits of Tourmo AI’s Driving Behavior product include: Tourmo AI provides automated driver feedback while also providing fleet managers complete visibility into the process. Drivers are encouraged to improve their driving skills without manager intervention and to participate in gamification. When Tourmo identifies a pattern of unsafe driving behavior, it will request supervisor coaching. The well-known benefits of telematics technology include increased fleet productivity, lower operating expenses, and assistance in modifying driver behavior. However, manual oversight and intervention are frequently required to review and identify patterns in these systems' fleet data. Fleet managers can be easily overwhelmed by manual tasks, such as telematics data analysis and taking corrective action. In these situations, fleet managers might find that they cannot effectively manage their mobile workforce due to a lack of comprehensive visibility and ability to act consistently in real-time, which can result in higher costs and operational disruptions. We’ve listed a few well-known telematics systems and associated issues for further consideration: Traditional telematics solutions can benefit from a sophisticated AI-powered solution like Tourmo, which can combine and correlate data from various fleet management systems, identify trends in big data, and take necessary action with the help of automation or facilitate action through automated workflows. You can significantly improve your fleet operations' visibility, maintain tighter control over daily fleet operations, and spot issues early on before they pose substantial challenges to your day-to-day operations using Tourmo's Workforce Operations solution. Our AI-powered platform's ability to process tasks and jobs automatically can relieve you of the burden of manual analysis and action. Tourmo will enable you to utilize your workforce more effectively, reduce manual labor costs, and improve customer satisfaction. Fleet managers using fleet management software with video capabilities may find it challenging to collect data from an event, even when using dashcams. Serious problems may develop when fleet managers cannot correctly analyze video footage or incorporate video back into their operations. For instance, fleet managers might be unable to effectively assess event verification concerns, monitor the entire lifecycle of scheduled services, or take prompt action to safeguard their customers, drivers, and business. The Tourmo AI-powered Video Operations solution can enhance your fleet management software with AI and machine learning technologies combined with automatic response to help you capture relevant events and take the necessary action. We know that camera systems can be pricey when considering hardware, installation, and vehicle downtime. We can enhance the capabilities of your current camera system rather than replacing them, helping you improve your fleet management cost savings with features like:Higher Insurance Premiums
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Telematics Systems
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Video Solutions
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