What is the impact for a business?

One of the most obvious benefits of the RAM Tracking vehicle tracking system is that our GPS trackers can prevent vehicle theft and be used to retrieve stolen vehicles in a matter of minutes. Businesses are often heavily dependent on their vehicles, so when such an expensive and crucial asset is stolen, this can often be enough to severely disrupt a business, even to the point of causing a business to close down.

Meeting being held

INSURANCE 

Contacting your insurer to report the theft of a vehicle and make a claim carries with it a lot of stress and time. More than often, the insurer will require large quantities of data and information, which may involve your business spending a large amount of time trying to collate old valuations, receipts and logbooks. Insurance claims are likely to raise a wide variety of questions such as the full valuation of the vehicle claim or the insurance premiums increasing.

Delivery driver with packages in the front seat

Financial

Depending on your level of insurance cover, theft can cause huge financial repercussions on a business. Businesses with small fleets may need to cancel jobs/work due to a lack of transportation or equipment. The time and cost spent making an insurance claim or dealing with the authorities can be hugely unproductive during business hours.

Even replacement vehicles may perhaps be less fuel efficient and therefore cost the business more in fuel costs.

Thief using a laptop beside a car

Inconvenience

Vehicles such as cars, lorries, trucks and vans are expensive assets. They’re significant investments that allow the business to carry out work, transport staff and move much-needed supplies and goods. When a vehicle is stolen it may cause operations to cease. The extra time spent trying to re-plan operations or simply deal with the law enforcement agencies, takes precious time away from serving customers and retaining profits.

How does RAM Tracking help in instances of theft?

All of our GPS vehicle trackers are discreetly installed on every vehicle meaning that it’s hard to find and tamper with the device. In many instances of theft, the thieves have had no idea that the vehicle is even being tracked.

Customers who have used RAM Tracking to retrieve their vehicle have found that being able to access the app or web interface immediately has been a pivotal reason for their success and assistance with fleet protection. RAM Tracking customers can quickly find the stolen vehicle and pinpoint its location down to just a few metres. This information can then be provided to the authorities who can chase down the thieves and retrieve the vehicle before there’s been any damage to it.

How does theft impact business?

Disruption

When a vehicle is stolen it may result in the cease of operations in a business and takes precious time away from serving customers and retaining profits.

Insurance

The insurer will require large quantities of data and information, resulting in time spent trying to collate old valuations, receipts and logbooks.

Financial loss

Theft can cause huge financial repercussions on a business. Businesses with small fleets may need to cancel jobs/work due to a lack of transportation or equipment.

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