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If your business relies on fuel, there has never been a more critical time to make every penny count. Fleet fuel cards are not like your typical gas cards. Unlike a gas card, a fleet card gives fleet managers complete control over their company’s fuel, maintenance, and road-related expenses. Using fleet fuel cards allows a business to purchase fuel and maintenance within a network of authorized merchants. Fleet managers can control spending, eliminate unauthorized purchases, and enjoy convenience while saving money. There are several benefits to purchasing fleet fuel cards, but they will vary according to the needs of your business.
Before selecting a fleet fuel card vendor, you should consider:
How Fleet Fuel Cards Save Time/Money
Fleet fuel cards keep both employer and employee free from suspicion. A fleet card records all transactions, eliminating the need for drivers to provide fuel receipts. This feature also discourages employees from using the card for their personal use because all charges can be investigated. If a fleet card is stolen, it can be disabled immediately and replaced so the business can continue without interruption. Most importantly, the fleet manager can place restrictions on the cards. They can limit how much fuel is being purchased. Managers can also control what days of the week the card works, so that if no business is being conducted over the weekends, then the card will cease to function. Some fleet fuel cards even allow managers to create multiple profiles to fit different vehicles and drivers. With the power in your hands, you can prevent unauthorized spending and encourage better fuel efficiency.
How Your Fleet Fuel Cards Program is Determined
The type of fleet fuel card your business uses is determined by the fuel products your fleet requires, the size of your fleet, and how often your fleet travels. Each fleet fuel card program is designed to meet the needs of your fleet. No matter where your fleet goes, they will be able to take care of any and all fuel and maintenance needs along the way. For example, a typical fleet fuel card will provide your business with the convenience of over 50,000 fuel and maintenance locations nationwide.
Get More Out of Your Mileage
Keep an eye out for fleet fuel cards that offer points towards rewards or high volume discounts. If your fleet fuel card vendor does not offer a rewards program, chances are they will offer you volume discounts based on the card type. For example, you might receive savings of up to $0.08 per gallon. Every cent counts when it comes to fuel, especially if your fleet travels on a statewide, regional, or national level.
Do you need to find convenient fleet fuel cards for your business? A fuel card is a convenient and easy way to ensure drivers in your fleet are able to keep their vehicles full for deliveries and drop offs while also centralizing all of your fuel costs to one bill that is easy to track and analyze. Businesses often feel this is a simpler way to ensure they are properly tracking fuel usage. In addition these cards often include a discount since fuel is being purchased in bulk.
You have a number of options as you consider which fuel card is right for you. There are a few things you may want to keep in mind as you make your decision. Factors like the size of your fleet and the amount and type of fuel you purchase can determine the rates on your card and which cards offer more convenient and cost effective service. Other things to consider include whether you are eligible for particular discounts, when payment is due on the cards and any fees associated with late or partial payment, and the interest rate. Cards are used for a number of reasons from the convenience to an opportunity to better control costs. Your usage often determines the price as well as the terms of the card and carefully reviewing these terms is important.
Business.com provides a number of links you may find useful, be sure to consider all of your options prior to making a decision.
Browse the links provided and find quality fleet fuel cards.