The Cost Management module in Frotcom allows you to register all costs associated to the operation of your fleet, including fuel, tolls, insurance, maintenance, tires, salaries, etc.
You will be able to calculate the real costs and – equally important – the cost per km, for each vehicle. This will allow you to know exactly the profitability of your fleet;
You will be able to breakdown the costs of your fleet, giving you detailed information about the variable costs and the fixed costs of your fleet;
You will be able to detect wrong information, like wrong km readings, excessive fuel consumption or impossible refueling places and times (comparison with GPS data).
You can enter costs manually (variable costs such as fuel) or automatically (recurring, fixed costs such as insurance).
Once you enter your vehicles’ costs, you will be able to calculate, for a certain time period (for instance the last month), total costs. You will also be able to breakdown the cost if you want to see , for a certain vehicle, what is the exact composition of your cost.
Simultaneously, you will be able to calculate several important ratios:
- Fuel consumption/100 km
- Cost/hour and Fuel consumption/hour (for construction machinery)
Additionally, you will be warned in cases when the time or odometer reading entered in Frotcom does not match the information from the GPS. For instance, if the information from the odometer (number of km) is not compatible with the GPS data received, you will get a warning message and a suggestion on the number of kms which should be in the odometer at that time.
You can also check on the map where a vehicle was at the time of a cost note, such as a fuel note, allowing you to validate cost notes.