Fuel Card Articles
The Benefits of Fuel Cards
The main benefit across all fuelcards is the admin advantage they offer. Some fuel cards give a fixed weekly rate for fuel, which will normally save companies around 3 pence per litre, subsequently there is a cost saving on fuel as well as less time spent on administration.
Fuel cards and fuel costs?
Most major hauliers will have fuel cards that they use for their entire fleet and out of these there may be some that have queried the price they are paying for the fuel that they use and why there is a difference between the pump prices and the price they pay.
Fleet managers and fuel savings
Fleet managers are facing an ever increasing role in controlling company costs as fuel prices increase. The spiralling cost of fuel at the pumps means they face a front-line role in all companies. However there are a number of people doing nothing about these costs as they are not aware of the benefits fuelcards can offer.
Fuel management advice
Fuel management is essential in today’s economic climate; it involves minimising expenditure on fuel and administration of fuel for all of your company vehicles. It is achieved by ensuring you pay the lowest possible price and minimising fuel consumption as well as only paying for fuel used for authorised purposes. Luckily fuel cards are around that can achieve this purpose.
Credit card or fuel card which is best when dealing with fraud?
Credit card companies continue each year to improve their fraud prevention measures with more and more technology. They promise us that their transactions are more secure than ever and this would of course be true if the fraudsters were not also increasing their capabilities. Thousands of motorists who buy their petrol or diesel on credit cards are still being attacked by the fraudsters and are losing millions. I think we have learned over the years with so many promises broken that, in reality, there’s no such thing as 'fraud-proof'. Card-cloning is often the problem but the fraudsters will use any method to extract money from their victims. The only way to effectively protect your fuel expenditure and your bank accounts is to get a fuelcard.
Fuel cards how do they work?
In its simplest form a fuel card is very similar to a credit card, each card has a wide network of petrol stations where it can be used right across the UK. When you open an account with companies such as Cambrian Fuelcard Services they will take all your details and set you up on their system.
Building and using your relationship with your fuel card supplier
Once you have assessed and determined your fuel management needs, you can find out which fuel card companies can fulfil these requirements. You will probably end up with a long list of fuel card providers and most will have programs that will allow fleet managers to purchase fuel at favourable rates and that will allow you to manage your fuel purchases and monitor driver efficiency. The next step is to whittle them down to a few providers that have a decent history of providing cards which will suggest that they know what they are doing and are a trusted supplier.
Choosing the best fuel card business
When you are looking after a fleet of cars no matter the size you need a custom fuel management program which allows you to control expenses, monitor drivers and generally simplify your operations. Once you have decided to use a fuel card system you must ensure that you take a good look at your business and identify your exact needs before finding a fuel card business that cam meet your requirements.
What is a Fuel Card?
A fuel card is similar to a credit card but is used by companies. These fuel cards are used in the same way as credit cards but have other characteristics that make them valued for managing company fuel costs. In days gone by fuel stations would have an arrangement with a company and would write down a customer’s name and company information and then invoice the company at the end of each month.
How to save money on Fleet Fuel expenses
If you own a business where you have fuel expenditure, or if you manage a vehicle fleet, you will be painfully aware that fuel costs are high these days. You need to constantly review your fleet and fuel costs to ensure that you are getting the most from your expenditure.
Fuel Cards And Security
Fuel cost is a pressing issue for businesses; fuel consumption is definitely one of your main concerns and possibly your main expense. With fuel prices consistently high managers have found it necessary to find an alternative that will help conserve fuel. A fuel card can save you money as well as offering a variety of different features.more....
Fuel cards as a way to save money on company vehicles
It seems that every day fuel prices go up! Of course this makes it very difficult to run any fleet of vehicles whatever the size, add to that the economic climate and things get tougher. For these companies fuel is so important so it is hard to cut costs. One solution may be fuel cards. more....
