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Managing Equipment Rentals With GPS Tracker Technology

 January 15, 2016  /  Comments Off on Managing Equipment Rentals With GPS Tracker Technology

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Thanks to GPS auto tracker technology many companies have been able to better manage their physical and personal resources. This has been a living testimony for many businesses, which could not account for the loss of property or personal resources before making use of this technology. This has led to less fraud and misappropriation of resources in various businesses. For instance, small backhoes as well as excavating equipment that were particularly subject to being rented and not being returned have been recovered easily and more efficiently with the application of this technology. For this reason companies have been able to avoid being accountable to avoidable losses due to the increasing vigilance offered by GPS auto tracker technology.

Managing Equipment Rentals With GPS Tracker Technology

By use of real time auto tracking technology, businesses have been gifted with a better way of tracking vehicles, equipment as well as labor resources. By use of this new technology, a business can able to place small tracking devices or hide them on just about any of its valuable resources. These devices are well adapted to provide a range of information such as location of the device; the route of travel and the time the given unit has been at rest as well as its speed. In other cases, some tracking devices are potent enough to give details of the condition of the equipment, it’s temperature, hours of operation and even the fluid levels. This will enable the business to be keener on the state of the equipment and this can help to increase the operational life of the equipment.

A business can also make use of GPS tracking devices that have been designed to use the GPS portion of the unit to record as well as store Geo Physical data and in other cases vehicle mechanical information. This information will then be uploaded to a GPS service provider through an existing cell phone or satellite phone technology. Uploads could be timed depending on the needs of the business. This data uploading can be programmed by the service provider to range from just a minute to once in a given week. Generally, the frequency of the data being uploaded will determine how much the customer will be charged, the charge being directly proportional to the frequency. If you are an equipment rental business you could just have only a one-day upload to cut down on the costs and save money in the process.

A local rental business will do fine by contracting a nationally known GPS tracking service provider. It will additionally be beneficial for the company to have the provider to provide and install the tracking devices to their rental equipment. By contracting a company that provides and installs these tracking devices, a business will be able to avoid any maintenance or repair costs especially if this is covered for by the contract.

A business that uses local rental equipment can also contract what is referred to as geo fencing. By enrolling on this feature, the business will be assured that the rented equipment will not get out of the recommended locations without the tracking device alerting the tracking service company. This can help a rental company recover a piece of equipment before it is damaged or inappropriately used.

For businesses using rental equipment it is good to note that the insurance companies will give businesses using this technology a discount on vehicle as well as equipment insurance. It is quite clear that the use of this technology will enable any business to save on money and ensure the safety of the rented equipment is maintained.

It will be good to carry out a thorough research of the company one is planning to use to make sure that they are well suited to meet your needs. It will be prudent for rental Equipment Company to choose a tracking service provider who does both the installing and maintenance of the tracking devices. This will be cost effective for the business. Apart from saving on cash this technology will also owners of a given business to have peace of mind as to the whereabouts of their valuable rented equipment. It pays to make use of this new technology.

Written by Lindsey Rentals. Lindsey Rentals offers the best service and equipment rental in Columbia, MO.

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  • Published: 1 year ago on January 15, 2016
  • Last Modified: January 18, 2016 @ 10:22 am
  • Filed Under: Business

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