It is easier to monitor employees’ gas spending if they use fleet gas cards. In addition to real-time account monitoring, you’ll have access to money-saving tools like discounts and special offers.
Keeping tabs on how much gas a fleet’s employees spend
Whether your business has one car or a hundred, keeping track of how much each employee spends on a fleet gas card is a good idea. Your business can keep track of expenses and protect itself against wasteful or fraudulent purchases with the help of this card. You can use the card to keep credit card fraud at bay in addition to keeping track of your spending.
Branded, generic, and universal debit fuel cards are the three primary options. There are perks and cons to using each of these cards. You may get the perfect mix of financial, technical, and management resources for your firm with one of these cards.
By switching to a fleet card system, your company can minimize the time and effort required to process and file employee travel and entertainment expenditures. It’s a useful tool for keeping tabs on employee expenditure, which can ultimately aid in financial planning.
You can get reports for your fleet card that will show you where you may have wasted money and where you may be able to cut costs. Budgeting more effectively and increasing productivity are also possible outcomes of using this information.
For other vehicle-related business costs, you can use the same cards. Employees can use the card to pay for repairs, saving you the trouble of processing separate repair invoices. And you can limit how much gas each worker can buy every week or every day.
Fleet cards can also be used for repairs on work vehicles. Gas purchases at participating gas stations are another perk for your staff.
With a fleet card, you can keep tabs on your spending and easily create reports. In addition, you can tailor-make reports to fit your specific requirements.
Your workers will appreciate having the convenience of a fleet card for making fuel purchases while on the go. Credit card fraud can also be avoided with the use of automatic tracking and security mechanisms.
Real-time account management
If you have the correct information and are willing to put in some effort, managing your fleet’s gas card isn’t as difficult as you would think. Different solutions on the market provide different prices, features, and benefits. The Multi Service Fuel Card stands out as a convenient option for companies of all sizes. They have been in the industry for over 40 years, so they know what they’re doing when it comes to maintaining reliable transportation. Businesses can save money on their fleet’s petrol with these cards and eliminate the headache of cashiering altogether. Most significantly, you must locate a suitable fuel card provider for your company’s needs. Their prices are low, their policies are straightforward, and their service staff is helpful and pleasant to work with.
Specific Safety Measures
Fleet managers and drivers alike can benefit from a gas card with solid security features. These safeguards can protect your business from wasteful spending and fraudulent activities.
You can monitor your card and your drivers’ activities with the help of certain features. The most effective fleet fuel cards will include features that allow for constant tracking. It is possible to track a driver’s movements and mileage with the use of these gadgets. Alerts can be set up to notify you of any potentially fraudulent purchases. In addition, you can limit yourself financially each day.
Security codes, or PINs, are included with some fleet cards. Protecting your fleet fuel card with a PIN is important. In addition to being able to identify individual drivers, a PIN can also serve as an additional security measure.
Automatic shut-off of the pumps is another useful feature that can be used to prevent theft. This function allows you to promptly disable your card if it is ever lost or stolen.
The system will notify you through email if the card you entered does not pass validation. Additionally, you may verify that your drivers are following all safety and operational guidelines set forth by your firm.
Limiting gasoline purchases is another security measure that can be put in place. The amount of gas you can buy each day will be capped as a result. Thefts of credit card information will be reduced as a result of this measure.
For added security, some fleet cards feature a unique PIN. You may rest assured that your card will be used exclusively for its intended function.
Having your drivers use gasoline cards is a simple approach to monitor their spending. With the right safety measures in place, you can limit your losses from fraudulent charges, watch over your drivers’ responsible use of their cards, and save the most money possible.
Your fleet’s fuel budget will thank you for installing a system that automatically turns off the pumps. And it helps keep criminals from using lost or stolen cards to fill up their cars.
Costs are reduced
The correct fleet gasoline card can help you save money and improve productivity whether you manage a small fleet or a fleet of thousands. Save money at gas stations with one of these cards. Additionally, you can control your drivers’ expenditure and gain insight into your fleet’s fueling habits with their help.
There are two types of fleet cards available: general-purpose and specialized. The universal card is accepted at the vast majority of gas stations, whereas the more specific cards are only accepted at a subset of those locations.
Throughout the United States, Fuelman operates a vast network of stations. You can save up to 10 cents per gallon on diesel fuel with their fleet card, in addition to 2 cents on unleaded fuel. The card can be used at any Fuelman station, and you’ll save even more money on bulk gasoline purchases.
Shell Fleet Plus cards are accepted at more than 13,000 service stations nationwide. With this card, you may restrict your spending and get notified instantly if you go over your budget. Neither yearly nor monthly subscriptions are required. Jiffy Lube shops also take it as payment.
We made the Universal Premium Fleet Card with our most loyal corporate clients in mind. It provides fraud loss coverage, performance analytics, and gas savings equivalent to 30,000 gallons. FleetAdvance, an app included in the scheme, lets drivers compare gas prices at TA and Petro stations in order to save money. When used in conjunction with other gasoline cards, it is simple to use.
Even though it has a narrower network than other fleet cards, the EFS Fleet One EDGE Card provides some of the finest savings in the industry. When used at any of the 4,500 participating discount stations, it saves an average of 15 cents a gallon. It also has a number of deals on wireless subscriptions and tires.
You don’t need to be a fleet manager to see the tyranny of today’s fleet fueling, which is a concept borrowed from the likes of Henry Ford. Self-service gas stations and ethanol-powered hybrids are only two examples of many available solutions in the field of convenience and ease of use. When you have access to a fleet fueling solution, you can better control the cost of maintaining your fleet of vehicles and lower your overall operating expenditures. Also, if there is an issue with your fleet’s fueling, you will only have to deal with one company. The majority of fueling firms for fleets provide convenient tools for managing your fleet’s fueling needs. You may choose a fleet fueling solution that works for your time and money, whether you’re a one-person operation or a multinational corporation.