Over the last couple of years, advancements in the digital world have led to the development of innovative solutions that make people’s lives more convenient. Mobile apps today are almost an indispensable part of our lives, making everything more accessible and quicker.
On-demand taxi dispatch apps have rapidly expanded since their launch nearly a decade ago. These apps made ride-hailing much more accessible and eventually surpassed traditional taxi services as the preferred commute mode.
In the following post, we take a look at the top taxi booking software benefits for your business. Continue reading as we delve into why every taxi business owner should have on-demand taxi dispatch software to boost productivity and profitability.
Increased relevance of on-demand taxi dispatch apps
On-demand taxi booking services have significantly changed the taxi booking landscape. In the early days, intermediary operators collected the passenger information and destination, found the nearest driver, and then allocated an available driver closest to the passenger.
While this sounds simple, inefficiency quickly creeps in when there are tens of drivers and thousands of passengers to manage. Soon, business owners realized there were more complications and less convenience in this process and started looking for digital solutions that could reduce the adequate time taken.
With taxi booking applications, fleet owners do not need to rely on an intermediary; customers can find the nearest cabs and directly talk to the drivers, leading to increased fleet productivity. As a fleet owner, you can view all relevant data in a single panel and make smarter business decisions.
Top on-demand taxi booking software benefits
With the world slowly but surely coming out of lockdowns, the demand for on-demand taxi services will increase substantially. In fact, the market is expected to grow by a CAGR of 6.5% to reach $94.4 billion in 2023 (1). Therefore, it is the right time for business owners to get a white-label software solution for their fleet.
Here are some top on-demand taxi booking software benefits that make it a vital investment for taxi businesses.
- Increased visibility
Without a digital solution, fleet owners have to rely on manual methods of collating information from various touchpoints. As we have seen before, this method is highly inefficient and often unreliable. A taxi booking software solution increases business visibility, enabling fleet owners to conduct specific business audits regularly and make smarter business operations.
- Business automation
A taxi booking software eliminates the need for intermediary operators, allowing taxi businesses to automate a ton of processes. For instance, the customer can see the nearest drivers on the app, generate fare estimates and receipts automatically, etc. Such automation automatically makes the processes much more efficient and helps in boosting fleet productivity.
- Live location tracking
One of the most sought-after taxi booking software benefits is the live location feature. With the help of GPS and RFID technology, customers and fleet owners can track the taxi’s live location. Passengers get accurate ETAs for their ride, and taxi businesses can keep an eye on the route taken by the driver, thereby increasing ride safety and driver accountability.
- Monitor driver behavior
Integrating AI and ML into taxi booking software paves the way for features like vehicle telematics, route optimization, and geofencing, which allow fleet managers to monitor driver behavior. Taxi businesses can track harsh driving, rash braking, traffic rules violations, etc., and provide feedback and training to the worst offenders. This significantly improves the on-road safety of drivers and passengers.
- Increasing brand awareness
A dedicated taxi business software with your brand’s logo and language is a great way to improve brand awareness, which is a critical ingredient in the growth of any business. The app puts your business in front of a broader audience and boosts your market visibility. When customers book a ride from your app, the logo and branding are visible and serve as marketing tools, further helping build a loyal customer base.
On-demand taxi dispatch software increasing popularity of mobile apps and everchanging customer needs have made white-label taxi booking applications a must-have for taxi businesses. These apps help your brand reach a lot more customers in your area, improve your fleet productivity and business efficiency, increase profits, and scale your business. Not having a dedicated app prevents you from accessing the taxi booking software benefits and hampers market position.