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ROI Cost Calculator

  • Above and beyond the individual examples given, please use and amend our Cost Calculator to see hoROI Cost calcw much you can save.
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    The Bogus Claimer
    • 30 minutes overtime pay per day, based on an manually submitted time sheets
    • 30 minutes x 240 days = 120 man hours @ £20 per hour
    • = £2,400 wasted

    Solution:  Using one of our recommended systems you can verify all over time claims.
     

    Return On Investment to provide a basis for cost justification

    In any business the return on investment (ROI) is a calculation used to determine whether a proposed investment is wise, and how well it will repay the investor.  It is calculated as the ratio of the amount gained (taken as positive), or lost (taken as negative), relatiControl it - Don't throw it awayve to the invested amount.  Below are some real examples of how investing in a VT Solution for your fleet, can prove a return on investment.

    Financial benefits aside, there are many other advantages which cannot readily be quantified in monetary terms. These include enhancing customer service, perceived professionalism, fewer billing queries and safer driving, all of which should help attract repeat business, increase operating efficiency and the bottom line profitability of your fleet.

    There is little or no doubt that investment in a fleet management system will provide long term cost savings for your business.

    The Vehicle Idler The Work Ditherer
  • 2.5 minutes getting ready to get started
  • 2.5 minutes getting ready to drive to the              next job
  • 5 times a day (5 x 5 minutes = 25 minutes a        day)
  • x 10 vehicles x 25 minutes a day x 240 days        a year
    • = 1,000 hours wasted fuel per year

    The Solution: Using a system from us could save these 1,000 hours of wasted fuel!

  • Starts work after warming up the coffee mug          for 10 minutes          (10 minutes x 240 days)           = 40 man hours lost per year)
  • Two breaks every day, but… an extra 15 mins        getting ready for each break (2 breaks x 15)          minutes x 240 days                                                          = 120 man hours lost per year
  • A two hour instead of a one hour lunch. (1 hour        x 240 days) = 240 man hours lost per year
  • The solution: By  knowing the start and stop times of every journey could save you both time and money

     

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