Automotive Fleet, November 2020

THE CONNECTED FLEET GUIDE 2020 24 LOOKING AHEAD THE ONGOING MARCH OF FMS INTEGRATION The days of data silos are gone With new fleet management solutions FMS companies now have a way to tie the data from vehicle operations into every aspect of the organization FMS INTEGRATION 5 Find new revenue streams by identifying opportunities for new markets services and cost saving processes THE 5 BENEFITS OF FMS INTEGRATION FMS integrations allow fleets to break down their data silos aggregate the data across the organization and make it both meaningful and actionable When fleets integrate telematics data with other data sources they can 1 Integrate the management of the fleet and employee job functions from fuel and maintenance to work schedules and timecards Integrating an FMS solution with other back office solutions allows for better organizational clarity and utilization of assets and employees 2 Gain greater insights across the organization by layering data and seeing how every aspect of the organization fits together Having these insights turn data into true actionable intelligence 3 Streamline processes by finding waste and redundancies that may have crept into the organization due to a siloed approach to data 4 Eliminate human error by automating data capture and reporting Centralizing data and standardizing reports further improve the quality of information that is being disseminated throughout the organization Photo GettyImages com peshkov Today data is everywhere It flows from any number of solutions GPS telematics timecard solutions accounting spreadsheets vehicle and equipment sensors driver smartphones and tablets Capturing sifting and managing this data can be among the biggest challenges for fleet managers and company stakeholders throughout the organization And until recently reconciling much of this data was difficult since many of these data streams were siloed within individual disparate seemingly incompatible solutions However for fleets thanks to advances in both telematics and other back office software data integration is now not only possible but increasingly relatively easy The result is even greater transparency efficiency and opportunities for increasing the bottom line WHAT IS THE FUTURE OF FMS INTEGRATIONS The amount of data fleets have to work with is only growing and integrations with solutions across the entire organization will help make it more actionable than daunting