Lasso Technologies, LLC
Login   |   Register Here    1-866-392-0923
Lasso ROI Calculator

Please complete the following questionnaire for an estimate of anticipated savings and benefits of using Lasso products. We do not store the data that you submit. The initial values below are based upon industry studies, adjust as needed. Leave a box blank or enter 0 if not applicable to you. Click on the link for a description of the question.

COMPLETE WHERE APPLICABLE FOR YOUR ASSET

This is the cost of ownership per month for the Lasso product and will vary depending upon your options and data needs. Change this number to match your quotation.
Monthly Cost of Ownership of Lasso Product used for ROI. Will vary depending upon your options.
$
Number of Assets is the number of Vehicles or Assets that you have which are candidates to use with Lasso GPS Sensing and Telemetry products.
Number of Assets or Vehicles that you have?
 
This will vary widely but this value is needed to determine the human operating cost of the asset.
Monthly Employee Salary?
$
How many Hours Per Month does your employee operate or drive this asset or vehicle?
Hours per Month that Employee Operates Asset or Vehicle?
  hours
This is the fair market replacement value of the vehicle should it be lost or stolen.
Average Value of Asset or Vehicle?
$
Monthly Asset or Vehicle Depreciation is the amount of depreciation of the asset per month. If a $20,000 vehicle depreciates to 0 in 10 years, the monthly depreciation is 20,000/(12months*10years)=$166
Monthly Asset or Vehicle Depreciation?
$
This is the monthly maintenance cost to keep this asset or vehicle in good working condition.
Monthly Asset or Vehicle Maintenance Cost?
$
Improved utilization of your asset by knowing precise location and availability may improve cost effective use of equipment. Enter 0 if you use your assets optimally. What Percentage of time might Lasso help to improve utilization of the asset?
% Utilization of asset What Percentage of time might Lasso help to improve utilization of the asset?
  %
Are your assets being used without your knowledge? Know where your asset is at any time. What percent of the time do you anticipate that your company property is being driven or used improperly?
Authorized usage What % of the time is your asset used without authorization?
  %
Theft prevention or recovery of lost asset. Out of 1000 assets, how many assets are likely to be lost or stolen in the next year that could be recovered if they had GPS ?
Theft Out of 1000 assets, how many assets are likely to be lost or stolen in the next year?
 
Do you receive government incentives to measure efficiency benchmarks and utilization? Efficiency? These benefits might include the need to monitor miles driven by a sweeper truck to keep streets clean for storm control. If so, what are the anticipated monthly savings if you were to provide a report on the efficiency of your assets to the government?
Government Incentive Monthly incentive for report on efficiency of your assets to the government?
$
Ability to tell your customer where asset is located at any time. Coordinate with your Dispatching system. Knowing where, when, and how your asset is being used. Deployment of asset closest to job. Help with dispatching and utilization. Integrate Planning and Operations. Synchronizing your dispatching process with the real time location of your asset can improve logistics and customer satisfaction. Reduced communication with asset driver to find where they are. Only need to communicate to re-route current location. Ability to quickly dispatch nearest asset to a location saves fuel, increases customer response and efficiency. Have precise knowledge to show management your operator performance and delivery metrics. You can report the exact time spent at a customer facility if applicable. How many hours per month would be saved if you were able to tell your customer exactly where their delivery is located or when a truck shipment will be made?
Increased customer satisfaction Hours per month saved if you can tell your customer where their delivery is located?
 
Sensor monitoring of asset attributes such as truck weight, sweeper truck mileage and sweep time, remote temperature, remote control or vibration analysis adds to the value of your application. Often, the primary need for Lasso is the sensing and telemetry ability. How much value added benefit does this sensing feature add to the value of this asset per month?
Sensing benefit. How much value added does this Lasso sensing and Telemetry feature add per month?
$
Instantly know where a broken asset is located and quickly dispatch repair. A fleet of vehicles or rental equipment will inevitably have a situation which requires service in a remote location. How many hours per month are saved by being able to quickly dispatch repair personnel by knowing exactly where to send a service technician?
Quickly Dispatch Repairs. Hours per month saved by quickly dispatching repair personnel?
 
Does your insurance provider extend an insurance discount if your asset location is known? What discount per month is allowed?
Insurance What discount per month is allowed by your provider?
$


SKIP NEXT SECTION IF NOT A VEHICLE

Enter Vehicle Miles per Gallon.
Vehicle Miles Per Gallon
 
Monthly Miles Driven by this vehicle.
Miles Driven Per Month
  miles
Typical fuel cost.
Fuel Cost per Gallon
$
Preventive Maintenance using ECM Lasso can report fault conditions and real time vehicle information to the user, if equipped with an ECM interface,. What % of maintenance cost could be avoided if Preventive Maintenance could be scheduled by using the vehicle on board computer diagnostics capability?
Preventive Maintenance % maintenance cost avoided if Preventive Maintenance could be Anticipated?
  %
Location Awareness gives the operators and managers the ability to minimize idle time once they become aware of occasions when idle time or extraneously trips are excessive such as waiting to make a delivery or pick-up. Idle time savings can approach 4% once personnel are made aware of idle time. What % of the vehicle's day is spent idling or extraneous excursions or trips?
Fuel Savings % of the vehicle’s day is spent on excess idling or extraneous excursions or trips?
  %
Increased employee productivity and driver efficiency. Route planning and optimization results in better planning, reduced overtime, and optimum asset usage. What % of the vehicle's working hours might be better utilized if routes are optimized throughout the day given a real time update of the vehicle location?
Productivity. % of the vehicle’s hours better utilized if routes are optimized throughout the day?
  %
Hours of Service Compliance Use GPS location in conjunction with Department of Transportation Hours of Service Logs generated by Lasso to verify that driver stays in compliance with Hours of Service Compliance 49 CFR Part 395. What are the Monthly clerical hours saved if Hours of Service logs are generated automatically?
DOT Hours of Service Monthly clerical hours saved if Hours of Service logs are generated automatically?
  hours
Safety Speeding. Excess Start & Stop. What are the likely % anticipated savings in vehicle maintenance, insurance, and liability per month if the vehicle is monitored to ensure safe driving habits?
Safety Anticipated % savings per month in vehicle maintenance, insurance, and liability if the vehicle is monitored to ensure safe driving habits?
  %
Monthly Insurance Cost? $