Managing Equipment Rentals With GPS Auto Tracker Technology

   GPS auto tracker technology has given businesses the ability to manage their personal  and physical resources. A local equipment rental company that specializes in building and construction rental decided to use GPS auto tracker technology to help manage their business. It seemed that due to the down turn in the home construction industry they were seeing an increase in equipment losses and fraud. Small backhoes and excavating equipment were especially subject to being rented and not returned https://smart-contract.com/. In one case 6 rentals were made to an individual that used someone else's identity to secure the transaction. The loss of equipment equaled almost $200,000.00. The rental companies insurance covered some of the loss but a large part had to be absorbed by the business. In addition many pieces of equipment were being used inappropriately or abused. This abuse led to the early depreciation and value of the equipment by reducing its expected operational life.

Real Time auto tracking technology can be a great way to keep track of vehicles, equipment and labor resources. New technology now allows small GPS tracking devices to be placed or hidden on just about any valuable resource. These devices provide not only the location of the device but also its route of travel, time that the unit is at rest, its speed, and in many some cases provide valuable information on critical mechanical functions such as engine temperature, hours of operation and even fluid levels. Obviously this information will increase the operational life of the equipment.

 

GPS tracking devices are designed to use the GPS portion of the unit to record and store Geo physical data and in some case vehicle mechanical information. This information then is uploaded to a GPS service provider via existing cell phone or satellite phone technology. These uploads are timed according to the needs of the business. Data uploading can be programmed by the service provider to range from 1 minute to once a week. In general the more frequently the data is uploaded the more the tracking service company will charge the customer. A business such as an equipment rental business may only need to upload its data once a day thereby saving money.

 

The local rental business contracted with a nationally known GPS tracking service provider. They also opted to have the service company provide and install the tracking devices in the rental equipment. You can often purchase your own tracking devices but you then will be responsible for the maintenance and replacement of any faulty tracking units. Generally when you contract for the tracking service company's equipment they will do the maintenance and repair of broken tracking devices as part of the contract.

 

A business can as the local equipment rental company has done, contract for what is called Geo fencing. Basically this feature is used to assure that equipment and vehicles remain in the area they are assigned to. Recently the rental company was notified that piece of equipment was beyond the area that the company allows its equipment to be used. The rental agreement clearly stated that the trenching machine was only to be used with in a 4 county area. The tracking Service Company notified the rental company that their equipment was out of bounds. The rental company tried to contact the renter but after repeated calls and no response they notified local law enforcement agencies. The renter was stopped on the interstate more than 160 miles away. After a short investigation it was determined that the renter had used false identification to rent the trencher and he also was wanted on a felony warrant. The rental company recovered their equipment undamaged due to the GPS auto tracking technology.

 

In many cases insurance companies will give businesses that use GPS tracking technology a discount on vehicle and equipment insurance. As you can clearly see the use of this technology may save you money and help you manage your valuable business resources. It does pay to carefully research each GPS service company to assure that they meet your individual company needs. Many times you can save money buy contracting with a company that installs and maintains the tracking devices. This technology will not only save money but give you piece of mind knowing where your valuable equipment is at all times.

The age of civilization has glided into a technologically advanced stage, where gadgets and machines are your best friends. Speaking of best friends which are known to be a byproduct of technology "mobile phones" seemingly are top on our priority list. These tiny and wonderful devices have enhanced our communication approach and one can reap maximum benefits from its technology. The mobile community has woken up to the power of these communication devices and appreciated its magnificence. Mobile phone users also have to make a choice regarding their mobile services prior to the activation of their phone. The choice which they have to make is between pay-as-go-phones and contract phones. The user is sometimes in a dilemma to take the right decision while choosing for a specific deal.

The pay-as-you-go phone deal is well suited for college going students, teenagers, travellers and elderly as those availing its services can resort to limited talking and they can keep a tab on their mobile expenses. These phone deals are ideal for those who have limited finances and cannot afford to spend their hard-earned money on their mobile usage. The user of this deal would have to recharge their phone once their calling balance has been exhausted. The user can make a preference over a specific service provider and avail its services for as long he/she desires. However, the user of this plan has the disadvantage of not being able to make or receive calls beyond their balance. At times, a low balance demands that the user makes a short conversation which would not be desirable to the caller. Short conversations or incomplete conversations takes away the fun from the whole idea of having a mobile phone. Mobile phones are saviour in times of emergency conditions, but the inability to make calls due to nil balance is a disappointing affair.

To override this situation, the concept of contract phones is fast gaining momentum and popularity. These phone deals are designed for those who use their mobile phones extravagantly and have a high call percentage. It is ideal for businessmen and people who maintain a high-profile. The contract phone deal will enable the user to talk without any interruption. The deal requires an individual to sign a contract for usage of their handset. The duration of the contract can vary form 12 months to 18 months. It is the most preferred choice for those individuals who want to avail a specific mobile service for a long time. The user will be expected to pay a small amount to avail the services of a particular network operator. In addition to this the phone deal offers attractive incentives such as free text messages, free talktime, free gifts such as i pod and laptop. and subsidised call rates. According to the contract the user has to pay a specified amount for a period of time. The user with the availability of this deal can also upgrade his/her handset with the latest mobile technology. The user under this phone deal can sign up a contract with some of the esteemed service providers such as T-Mobile, Sony Ericsson, Motorola and Samsung. These phone deal are well supported by Samsung, Motorola and Nokia mobile phones. The user, once he/she is satisfied with the benefits and conditions offered by a specific network provider can select it to avail its services. Nowadays some of the latest and most desirable mobile phones are also available with this deal. By and large, the phone deal will give the user the privilege of uninterrupted communication and alluring benefits.