More businesses these days are maintaining a fleet of vehicles as a more efficient means for employees to travel during and outside of working hours. In years gone by, before fleet cards became available in their present form it was a manual process of regularly collecting receipts for fuel from employees and this certainly had it’s problems; especially when receipts were lost or the service abused.
Today the more viable option for the fleet manager is to have a fleet card; the advantages and benefits present themselves to the business so that financing, maintenance of budget and convenience of use are foremost. Maybe you are also familiar with the concept of a gas card but are wondering about how it differs from the former and which option would suit your business needs? here’s a few pointers to clarify…
What is the difference between a ‘fleet card’ and a ‘gas card’?
Basically a fleet card allows fleet managers to not only purchase fuel but manage vehicle maintenance within a framework of detailed reports relating to each transaction and within a network of specified merchants. Gas cards simply allow the purchase of fuel and nothing else.
How will my business benefit from a fleet card?
* you will have full control and more efficient management of fuel purchasing and vehicle maintenence. Each transaction will be accounted for; you will know exactly how your fuel expenditure is being utilised.
* vastly reduced paperwork and no cash transactions
* you will be able to keep track of who is buying what and where
* increased security for both you, the manager, and for your employees; elimination of fraud.
* Appoint convenient fueling locations for your drivers
As`well as being aware that your business will profit from the time and money saved, be aware that a variety of fuel cards are on offer in a selection of formats such as MasterCard, BP and Arco Card. The above mentioned benefits are not exclusive to the larger organisations; if you are a smaller business with maybe just four/five vehicles the advantages will be even more apparent.
Once you have decided which card will suit your needs it is just a matter of applying, (online is more efficient), and the cards are issued normally within ten days.
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