subject: Fuel Cards Beneficial For Commercial Use [print this page] A fuel card is a kind of credit card to make payments after buying diesels and petrol from a fuel station or petrol station.
Initially fuel cards were not in such an advanced form as they are today. Earlier they were printed only with the name of the company, vehicle registration and a signature strip. There was no storage of electronic data. Only verification was done by the fueling sites and after cross checking the signature at the back of the card the accessing was allowed. The fuel cards network was also not very large and was based truck roads and the main haulage routes.
But since the year 2008, because of market maturity, people have been expecting more from the fuel cards than just discount pricing with the service demand, savings and security leading to the form of devoted account management. Most of the fuel cards suppliers solve the quarries of the customers with the help of call centers but customers for a named individual who can handle their business.
Particularly, those business organizations which have need motor vehicles to carry on their business services like transport, haulage, courier services are the ones who use fuel cards. The use of fuel card helps such an organization to obtain important savings both on the current price of fuel as well as on administrative costs. Receiving a single weekly invoice which is payable by direct debit is normal for such a business direct and this replaces the manual settlement of individual paper receipts which could, for bigger organizations, number in hundreds of each week. The supplier of an e-business capability always benefits the user of a fuel card.
Fuel cards provide fuel at a wholesale price opposing the standard retail and therefore you can purchase discount fuel rather than buying in bulk.
Also the use of fuel cards improves the management and security regarding the fuel purchases. All this really benefits the organizations using fleet of cars or other vehicles necessary to carry on their business.
Maintaining the receipts and filling out the expense accounts involves much time and special attention any kind of organization. But a fuel card cuts down cut down your administration overheads, keeping good details of your Lorries or trucks.
Therefore we can say that it is a wise and beneficial decision to use fuel cards for commercial use.
Therefore we can say that it is a wise and beneficial decision to use fuel cards for commercial use.
