Having a fleet card is not only a way to keep track of the mileage your vehicles are achieving, but it can also offer discounts for fuel purchases. You can also limit the purchases that your drivers can make per day or week. This way you can increase the accuracy of your fuel expenditures.
Fuel discounts
Choosing the right fleet card can save a company a significant amount of money on fuel and other vehicle expenses. These cards provide detailed reporting tools that can help you manage your fleet’s expenses. You can also choose from a number of different discounts and rebates to help you lower your costs.
Choosing the right card will depend on the size and type of your fleet. You should be sure to research each option thoroughly to find the best fit.
You should also consider whether you will need a setup or annual fee. Some cards offer significant discounts, while others come with monthly or weekly fees. You can also set spending limits that will help you allocate credit each statement period.
Most cards offer discounts at both filling stations and service locations. They also offer a web portal that lets you track your spending in real time.
You can also choose from a number of fleet cards designed to cater to smaller fleets. They are usually accepted at fewer stations, but the discounts can be more significant. You may also be able to set a spending limit on non-fuel purchases.
Limiting fuel purchases by time-of-day and day-of-week
Several states have enacted gas rationing programs of their own. The latest news is that the state of Georgia is suspending its sales tax on gas until Saturday. If you’re in the market for a new set of wheels, you’ll be glad to know you’re in luck. The best part is you get to refuel for less. The cheapest pump gas you can find is averaging a buck a gallon. Of course, if you’re looking for the best deals on gas, you’re going to have to drive down from Atlanta to Savannah. So, you’ll probably have to take your sweet time to hit up your favorite station. It’s the small price to pay for a sexy new set of wheels. Luckily, the state is home to many of the best places to fill up.
Tracking fuel expenses with increased accuracy
Using a fuel card to track fuel expenses is a cost effective solution for small businesses. These cards can be customized to meet the needs of a specific business. They offer advanced reporting and tools to help you manage fuel spend. The data they collect allows you to make more accurate fuel purchases. They also provide detailed reports on a driver’s behavior, including speeding, aggressive driving and idling.
The use of a fuel card provides a more detailed, actionable view of a driver’s fuel expenditures. You can drill down to a driver’s vehicle, fuel type, or geography. Fuel cards also include tax documentation. This information can help you ensure that you’re paying the proper tax.
Automated tracking eliminates the need to manually key in data and can provide you with real-time reporting on fraud. This can help you respond to fraud in a matter of minutes, rather than months.
Tracking fuel expenses is a critical part of any business that relies on vehicles. This data can be used for administrative reporting, but it can also help you identify cost outliers and find better fuel prices. Fuel expenses can increase during certain times of the year. Knowing your costs helps you prepare your budget and reach your company’s goals.
Allowing drivers to set parameters and limits
Whether you are running a fleet of cars or trucks, there are some things to keep in mind when it comes to allowing drivers to set parameters and limits on fleet cards. Providing drivers with too much control over their fuel payments can increase the risk of fraud. In addition, giving drivers too much freedom to make purchases can disrupt your operations and cause delays.
Before you give drivers access to fuel cards, you need to ensure that your company has a comprehensive fuel management policy in place. This policy should be well communicated and should be reviewed periodically. You should also make sure that your drivers are aware of your company’s fuel conservation efforts. These efforts can lead to fuel savings and can drive your fuel costs down.
Fuel card controls can help prevent fraudulent use and employee theft. They can restrict the types of purchases and limit the dollar amount. You can also limit the number of transactions a driver can make each day. Moreover, you can set time restrictions to prevent employees from making fuel purchases on their personal vehicles.