Utilizing GPS Tracking Devices for Financial Services
In Canada, the financial services sector, particularly car leasing and car loan providers, has embraced the use of GPS tracking devices to monitor the location and movements of vehicles under their ownership or control. This adoption of GPS technology has brought about significant advantages for these businesses, improving their overall operations and enabling them to deliver superior services to their clients.
The utilization of GPS tracking devices offers several primary benefits, foremost among them being the ability to track and monitor vehicles in real-time. This real-time information proves invaluable in the event of theft, as it facilitates the swift recovery of stolen vehicles. Furthermore, it provides crucial insights into the driving behavior of vehicle owners, including details like speed, chosen routes, and distance traveled. This data can then be leveraged to enhance safety measures and mitigate the risk of accidents, thereby fostering a safer environment on the roads for all.
In the context of car leasing, GPS tracking devices offer an added layer of security for leasing companies. By closely monitoring the location and movements of their vehicles, these companies can ensure compliance with the terms of the lease agreement. This includes monitoring the distance traveled, verifying that the vehicles are not utilized for commercial purposes, and ensuring they remain within the country's borders.
With a proven track record of reliability and a user-friendly tracking platform, GPS Canada Track streamlines vehicle tracking for car dealerships and auto finance companies. Our GPS trackers for car dealers effectively reduce delinquencies and simplify vehicle recoveries, allowing you to focus solely on increasing your sales.
Why should you use real-time GPS Tracking?
Know the exact location of assets, vehicles and other valuables. Experience better performance through real-time reporting regarding issues such as lost assets or vehicles extra kilometers driven, crossing the speed limits, and start/stop time.
Reduce Fuel Usage
Track the actual routes taken and keep a check on engine idle time to save on fuel costs
Plug-In and Go
Easy to install feature lets the user benefit the most through simple and direct access
The device has a smooth and user friendly interface for effortless tracking and monitoring
Set your monitoring timings and save the battery life for effective and prolonged usage
Stay informed about all start and stop trips via instant messages as well as control unauthorized usage