But in a recession, sometimes spending a bit on technology can actually end up saving your business money over the long term. Investments in Web conferencing, fleet management, and other technologies can pay off. There are countless ways technology can save organizations money. After all, technology is meant to be a tool and by definition is supposed to increase efficiency which always translates to saving money.
Most businesses, regardless of the industry or the size of the company, are striving to find ways to save money. Businesses constantly seek to increase profits. Improving the bottom line can be achieved in two ways – either by increasing sales or decreasing costs. Either way, there is more money left to go around at the end of the day.
With oil hovering at $100 a barrel, it’s a good time to get the company’s road warriors off the road as much as possible. Look at ways to meet and collaborate online as an alternative to face-to-face time. Ask yourself if you can cut back on face-to-face meetings. If so, consider investing in web conferencing. Web conferencing makes online meetings, training and webinars run smoothly for a low price. You can interact with people worldwide in real-time, without even leaving your driveway. This can cut transportation costs, insurance costs, hiring costs, etc. (For more info, viewhttp://www.gotomeeting.com/fec/)
Does your company require drivers on the road? Whether you have a company fleet of one or 1,000, advanced telematics and GPS technology can help you to save money. Imagine having access to where any employee driver is at while they are in the field 24 hours a day, and having accurate historical records of everywhere they were! All of that information and more can be accessed and observed with a few mouse clicks on any computer at a low cost with a modern GPS fleet management system.
The FieldLogix GPS Vehicle Tracking System is a viable solution to:
- improve increase company profits
- improve employee performance
- reduce unnecessary fuel costs
- monitor and reduce excessive speeding
- create smart and safe driving habits
- catch moonlighting employees
- stop worrying about vehicle or equipment theft