5 key benefits of using a fuel card
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5 key benefits of using a fuel card

With advancements in fleet management technology, many businesses are now making the shift from conventional transaction methods to fuel cards. A fleet or fuel card is a payment card that can be used at gas stations to buy fuel. These cards are a great way for businesses to reduce fuel costs, offer detailed expense reports, and give drivers more flexibility during refueling. So, here are five major benefits of using a fuel card: Improved fuel efficiency and cost-savings Fleet cards offer data-backed insights into fuel efficiency, captured using data such as price per gallon, location, driver ID, and odometer readings. Analyzing this data can help drivers plan their trips better, allowing improved fuel efficiency. Additionally, fuel cards can also help cut costs, as businesses may be offered a better rate at some gas stations. Companies can also set maximum purchase thresholds by day or amount, allowing them to keep a close eye on these expenses. Streamlined operations Regardless of the scale of business, using fuel cards to streamline operations can help organizations function seamlessly. Companies can set several limits, controls, and parameters for the same. Some examples of these include: – Allow at-pump purchases only – Allow both at-pump and in-store purchases – Limit purchases to certain locations – Set up multiple purchasing profiles based on the type and capacity of the vehicle – Allow the ability to override purchase limits in case of an emergency Increased flexibility Most fleet fuel cards are accepted across the country.
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