Fuel Management Fleet Cards 101
Explaining fleet cards
A fleet card is something that an organization will use when they have many vehicles to run and to maintain. The fleet card allows an organization to keep track of all the expenditures made by the driver of the vehicle. For example, a company that has a large number of vehicles might have their drivers purchase fuel with a fleet card in order to save themselves both time and money. There are many different types of fleet cards with each offering various incentives and reporting systems to help people maintain cost effective fuel budgets.
In addition, fleet cards have benefits other than simply being used to fuel your fleet vehicles. They can also be used for maintenance of fleet vehicles for oil changes, new tires, new brakes, or anything that has to do with vehicle maintenance.
Fleet cards are really an easy way for any organization to keep track of how its vehicles (whether they are cars, trucks, or big rigs) are performing. They can also help fleet owners and operators keep track of vehicle mileage and, in turn, realize what the level of fuel efficiency for each vehicle in your fleet. Because of this, fleet cards can help budget fuel costs, and their advanced tracking systems will help protect businesses against fraudulent activity.
Fleet cards save business professionals time and energy by providing real time reports on the daily use of their company's fleet cards. And, fleet cards can then remove a lot of the guesswork from budget tracking; as many fleet card providers will do the work for you using computer technology and advanced tracking systems.
A lot of organizations are turning to the use of fleet cards simply because they can keep track of the maintenance of their fleet vehicles. It is an easy way for companies to be assured that their drivers and employees to reduce costs and help make the business profitable. The high level reports produced by the fleet card management software will make it easy to see if something is suspect, as there is an easily accessible and accurate record of misuse.
When a fleet card is used, every transaction made is listed clearly and concisely, so it then becomes an easy task to sort through the thousands of transactions a fleet can make in one month. In addition, reports can also be tailored to individual company needs and fleet cards can have preset purchase controls to limit card spending.
Fleet cards help professionals streamline records and control company expenses. If you own a small or large fleet, a fleet card is an item that will help you keep your organization running smoothly.