At this point, you’ve probably heard about all the great advantages ELDs can offer companies. For the most part, we’ve heard how ELDs create electronic logs to record hours of service (HOS)– but they’re much more than that. Plugged into your vehicle’s OBDII port, the Geotab GO device is a powerful tool that can track everything from driving behaviours to engine health and more. With that said, let’s look at how ELDs go beyond compliance by adding significant value to your business.

Reduce administrative tasks like IFTA reporting

Just like I mentioned, with an ELD device, you never have to worry about manually creating HOS logs. Everything is tracked digitally meaning you no longer need to keep tabs on paper documents or risk misplacing them. Now you can take all that energy and redirect it towards tasks that add value to your company.

Another very demanding task for your administration is the IFTA report. Working alongside our clients, we understand the lengthy and frustrating process of calculating IFTA. Not only that, but manual calculations always leave room for human errors and inconsistencies. ELDs on the other hand completely automate the IFTA calculation process. By removing the administrative burden, ELDs can save your business serious money and lower your audit risk.

Reduce fuel costs

Let the ELD do the work for you! Everyone is looking to find ways to save money and fuel consumption is an easy target. ELDs monitor idle time throughout your fleet allowing you to address areas of improvement. Easily identify drivers who idle too long or too frequently. Reduce fuel wastage and save thousands of dollars by tracking excessive idling with ELDs. As an example, our client, Frontier Technologies, reduced their fuel costs by 5.5 percent by using telematics!

Schedule vehicle maintenance

Since the ELD is automatically connected to the vehicle’s diagnostic port, it allows the device to actively monitor fault codes even when you’re sleeping. As a result, you’re always ahead of any vehicle maintenance issues. Detailed reports can be created, which leads to higher efficiency and productivity.

Increase fleet safety and reduce liabilities

Tracking driving behaviours is one of the biggest benefits the ELD provides. Depending on your Geotab rate plan, the ELD can identify excessive acceleration, harsh braking, harsh cornering, and of course speeding. The data gathered from the ELD can help you address bad driving habits.

Identifying high-risk drivers reduces the number of potential accidents and liabilities. In unfortunate incidents, when the driver isn’t at fault, the data recorded can be presented as evidence. If there was no violation, no hard cornering, and no speeding, it proves the driver may not be at fault. This could make the difference between winning or losing a lawsuit.

ELDs can increase revenue, lower risk, correct bad driver behaviour, and streamline your business operations. It’s all about working smarter, not harder! Contact Northern BI today to start taking advantage of the ELD benefits.

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