Yelowsoft introduces the “hours tracking” feature - PowerPoint PPT Presentation

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Yelowsoft introduces the “hours tracking” feature

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Yelowsoft is a leading taxi dispatch and management company whose main aim is to solve complex taxi business problems with their cutting-edge solutions. Recently we came up with a feature in our solution called ́hours tracking’. – PowerPoint PPT presentation

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Title: Yelowsoft introduces the “hours tracking” feature


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Yelowsoft introduces the hours tracking feature
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  • Yelowsoft is a leading taxi dispatch and
    management company whose main aim is to solve
    complex taxi business problems with their
    cutting-edge solutions.
  • Recently we came up with a feature in our
    solution called hours tracking.

3
Before moving further, lets understand what
hours tracking is?
4
What is hours tracking?
  • Yelowsoft is proud to be the first company to
    introduce the hours tracking feature in the taxi
    dispatch system.
  • As the name suggests, it will track and show the
    no.of online hours of all your drivers. Not only
    this, it will also show the number of online
    hours of each driver for any given day.

5
Why is it required?
  • Many taxi enterprises heavily rely on reports and
    analytics to identify their strengths and
    shortcomings. These reports and analytics provide
    critical data such as total no. of ride requests,
    online drivers, total tax, driver earning,
    commissions, and many more.
  • However, reports and analytics dont show you the
    full picture. It does show you the total no. of
    online drivers, but it doesnt show you for how
    long your drivers were online.
  • This was the reason why many companies were
    unable to find out how productive and efficient
    their drivers were. Less number of online hours
    was the root cause of many problems that the
    companies faced, but they didnt have any
    mechanism to determine it.

6
  • One way to find out the total number of online
    hours would be to continuously monitor the
    dashboard for 247 and manually count the no. of
    online hours for each driver. Obviously this
    methodology is not practical.
  • Keeping all these factors in mind we came up with
    hours tracking feature that can show you a more
    comprehensive analysis of your business
    performance along with helping you to identify
    the shortcomings of your business.

7
Bifurcation of online hours into idle trip hours
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  • Many of our taxi business clients were facing a
    peculiar problem.
  • They found out that they were not making enough
    profits due to the low number of completed rides.
  • However, the number of online drivers showed a
    different story. The total profit didnt match
    with the number of drivers who were online.

9
  • One of the possibilities for this mismatch was
    that not all online drivers were getting enough
    ride requests. Many of them might be just sitting
    idle as they didnt get any rides. However, there
    was no way to confirm this theory.
  • To solve this issue the hours tracking feature
    bifurcated the online hours of all the drivers
    into trip hours and idle hours.

10
Plan incentives to gain optimal results
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  • We all know that incentives are an effective way
    to motivate your drivers to work more.
  • But, how about designing an optimal incentive
    structure that can solve your core issues along
    with motivating drivers?
  • Our hours tracking feature can do exactly that.

12
  • Lets take an example to understand this better.
    Suppose you have 100 drivers. 80 of those drivers
    stay online from 10 AM to 4 PM. However, from 6
    PM to 8 PM, theres a significant drop in the
    number of online drivers. Only 20 drivers are
    online from 6 PM to 8 PM.
  • Moreover, the window of 6-8 is of peak hours
    which means at this time you receive the most
    numbers of ride requests. If only 20 of the
    drivers are online during peak hours, then surely
    youre going to miss on so many booking
    opportunities.
  • But, the reports and analytics would show a
    different picture in which all your drivers are
    online throughout the day.

13
Monitor drivers on hourly basis
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  • To run a taxi business efficiently, one needs to
    understand its dynamics well. An admin needs to
    understand that getting the reports of total
    number of hours, trips, and online driver doesnt
    provide the full picture.
  • Lets consider a scenario, suppose you have 100
    drivers in your fleet. Out of those 100 drivers
    only 25 drivers were online for more than 8
    hours. The rest of them were online for less than
    8 hours which also included few drivers which
    were online for only an hour or two.
  • At the end of the day, your report will show the
    number of online drivers as 100, which is true
    however, it doesnt highlight the fact that 75
    of those drivers didnt even complete 8 hours.

15
Take insight-driven business decisions
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  • As mentioned earlier, the hours tracking feature
    provides many intricate details apart from the
    total number of online hours. The no. Of idle
    hours and trip hours are few of those details.
  • The ratio of idle hours and trip hours is a
    crucial indicator as to how youre performing.
    Lets consider two scenarios to understand this
    well.

17
Scenario 1 Idle hours gt Trip hours
  • Lets assume that you have 10 drivers and their
    cumulative online hours are 100 hours.
  • Out of which 80 hours are idle hours and 20 hours
    are trip hours.
  • It means that for every one trip hour, your
    drivers are spending 4 hours just sitting idle.
    This huge gap between the idle hours and trip
    hours means that your drivers are not getting
    enough ride requests.
  • This data suggests that you have to focus more on
    the customer request side rather than the driver
    side.

18
Scenario 2 trip hours gt idle hours
  • In this scenario, the total number of trip hours
    is greater than the idle hours. Well consider
    the same example where the total drivers are 10
    and the total number of hours tracking is 100.
  • In this the total number of trip hours is 95 and
    the total number of idle hours is 5. Any admin
    would be happy to see these stats as it shows 95
    productivity.

19
  • With this valuable insight you can recruit more
    drivers into your company and see if the total
    number of bookings goes up or not.
  • The ideal scenario for your taxi company would be
    if the total number of idle hours is between
    10-15 and the total number of trip hours is
    85-90.

20
Notify your drivers with hours tracking feature
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  • The feature of hours tracking is also useful for
    the drivers.
  • The hours tracking feature acts as an indicator
    that the application is working.
  • Many times, it happens that the driver doesnt
    receive any request for as long as an hour.
  • During this time, the driver feels that the
    application is not working due to network or any
    other technical issue, which is not true.

22
  • With this feature in place, they can view their
    online hours at any instant of time. Moreover, it
    also motivates them to stay online for longer
    times as they can see their progression in
    real-time.
  • Moreover, as this feature establishes
    transparency between the drivers and the admin as
    both the parties can view the online hours in
    real-time. It also eliminates all the
    possibilities of any manipulation as far as the
    total no. Of online hours is concerned.
  • This was all about the online hour feature, to
    know more about the yelowsofts upcoming updates,
    keep reading this space.

23
hello_at_yelowsoft.com
1 877 707 0459 (USA) 919574078295 (India)
www.yelowsoft.com
Thank You
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