Since the middle of 2014 Britain has enjoyed some of the lowest fuel prices in over a decade.
The tumble in fees paid at the pump has been a welcome relief for business owners up and down the country who are extremely focused on reducing costs wherever possible.
Navman Wireless customers are no exception, many have invested in our telematics systems in order to slash costs by reducing things like engine idling times and monitoring vehicle speeds.
Investing in Smart Telematics gives business owners and managers the ability to specifically measure the fuel usage of a driver with clear online dashboards and reports. Our software gives businesses the power to analyse details of the driving behaviours of their staff.
Insight from products such as Teletrac Navman offer a better understanding and more control so saving in areas such as fuel is made easy. Once you can evidently see where things like idling, speeding and harsh braking are wasting fuel, you can act quickly to reduce your spend irrespective of external situations - i.e. fuel prices.
Although our customers, like everybody else, are enjoying this period of lower fuel costs, according to Neil Flounders, Senior Sales Associate at Navman Wireless UK, keeping fuel consumption down is still a high priority on business agendas.
"Even with the lower fuel prices we're still speaking to businesses who want to do everything they can to make savings within this area which is why they ultimately choose to invest in vehicle tracking technologies.
It doesn't matter if the price of fuel is at ??1, ??1.50 or ??2 a litre because the percentage of savings a business who invests in our technology can make are always significant."
It's no secret that capitalising on the detailed insight reports that telematics from Navman Wireless deliver contributes highly to driving down business running costs.
Flounders added "Despite the drop in fuel costs we seldom come across businesses that are not interested in saving money on fuel as it's often their biggest expense.
Why would you wait for fuel prices to rise again to start making further savings?"