Manage your company vehicles more effectively with fleet fuel cards
Manage your company vehicles more effectively with fleet fuel cards
Being a fleet manager can be a stressful business, so anything that makes their lives a little easier is a welcome relief. Thanks to fuel cards, fleet managers can keep better track of fuel spending, cut down on administration and get better rates on petrol and diesel. With some packages, you can include vehicle maintenance spending too. This makes fleet management significantly simpler and more straightforward than if drivers had their own individual credit cards and submitted multiple expense claims.
So how exactly do fleet fuel cards help companies save money? Firstly in the amount of control they offer. You can set all sort of limits with fuel cards such as how much fuel that can be purchased in a day or the number of transactions per day for example. Plus you can restrict them to fuel only purchases to avoid personal items being run up on company expenses.
Fleet fuel cards give you a better idea of what is going on out on the road. You can see which routes are being used and draw comparisons between drivers who might be using different amounts of fuel to cover similar distances. If poor route planning or driving habits that are fuel inefficient are exposed, you can take steps to correct them. You would never have known without the data that the cards provide. If you have a scheme with maintenance payments built in, you can also track the rates of wear and tear. This will show if certain drivers are harsher on their vehicles than others, flagging their behaviour and allowing you to take steps to correct it.
Fuel prices vary. The differences from one filling station to another can be huge. The cards allow you analyse price data so you can direct drivers to the best value options along any given route. If you're still soldiering on with a system of credit cards and individual expense claims, maybe it's time to switch?