EOX Vantage Blogs

Published in CHART Exchange | October 2021 issue
Author: Mike Fieseler

Increasing driver retention is one of the holy grails of fleet management right now. We hear a lot from our transportation clients about the importance of finding and keeping good truck drivers. One approach we’re pleased to see gaining traction is the simple philosophy of treating drivers fully as people in a demanding occupation, rather than as commodities or monetized assets.

Driving, as a job, requires a lot of time, effort and attention. The idea is to respect the drivers and their time, treat them well and make life easier for them. Here are a couple ways to simplify the driving life that also have the effect of improving your operations and hopefully your profitability.

Every business needs a system to help run day-to-day operations. Managing General Agencies (MGAs) in the insurance industry often select a platform in the software category of Agency Management Systems (AMS). An AMS provides a robust suite of tools to help insurers manage work functions and processes all up and down the policy lifecycle and throughout the enterprise.

The transportation industry experienced a rough 2020. It got hit harder than many other sectors of the economy, as the pandemic caused problems up and down the supply chain. Going into 2021, according to a recent survey, the top concerns for motor carriers are driver compliance, driver shortages and driver retention.

In an unfortunate bit of irony for businesses, the very apps that are intended to help smoothly run the business and drive workplace efficiency actually may be making their staffers less productive.

This scenario plays out in a situation that's been dubbed "app overload." It's been called the silent productivity killer, due to its counterintuitive nature.

PART 1

The pandemic has changed the ways companies do business... in the short term, probably in the long term and in some cases likely forever. We have published some pieces recently on the virus's effects on the insurance industry. Now we want to take a broader view and see what it has done for all kinds of businesses in the economy.

Published in CHART Exchange | July 2020 issue
Author: Mike Fieseler

In just a few months, the COVID-19 pandemic has completely changed the world, basic human interactions and how companies do business. Being in risk management and mitigation guaranteed the insurance industry would not be an exception. The global crisis forced insurers to react quickly and comprehensively.

Interviewed by Adam Burroughs | Smart Business Magazine

Many companies understand the importance, or at least the utility, of cloud platforms and have migrated a great deal of their systems and applications there. Some have digitized processes as a way to save time and money and help move staff to more productive tasks. In these cases, employees are comfortable working and accessing information on the cloud.

"That's really helped them minimize the loss of productivity or efficiency that companies with only on-premise systems likely experienced when, suddenly, their workforce was compelled to work remote," says Sudhir Achar, CEO of EOX Vantage.

Original article by Chris Galford | TransportationToday | Published April 22, 2020

Many states in the U.S., and some entire countries, have issued restrictive orders in response to COVID-19. With Stay-at-Home and Shelter-in-Place orders being enacted, the time has come to review your business continuity plan - if you have not already.