Fuel Card Article

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. These same people would not even think of giving their staff open cheques to cover their expenses as they would not trust them 100% to be totally honest.
Mileage capture services that come with a fuel card can show phantom fuel purchases made by employees. This can mean that business mileage costs can be cut in weeks after putting in place a fuelcard system. It is a sad fact of life that some employees see their expenses as a second income and add miles on here and there to boost their income.

 Fleet managers need to ensure that they have systems in place to control fuel spend and a fuel card is one of the most effective measures they can use. A fuelcard can provide cost savings as far as staff are concerned but also cuts administration time and can even offer a discount on the pump price of fuel.
The biggest saving can be by your drivers using less fuel as you are able to study car efficiency, routes taken and drivers habits i.e. how they drive. You can monitor that drivers use the best value fuel, drive sensibly and don’t take unnecessary journeys. Fuelcards can measure all this and pin point any changes or training needed.
Another great way of fuelcards offering savings is in the office too. They can cut down on lots of administrative costs like collecting and processing fuel receipts and they can ensure that all VAT is reclaimed as you get a single VAT invoice detailing everything.

There are many fuel cards out there on the market and all will offer savings and discounts when used. It does not matter if you have a large fleet or just one or two vehicles you will find a fuelcard package to suit your needs. I would go as far as to say in the present economic climate businesses operating a fleet of any size must have a fuelcard system in place. Fuel cards will save you and your business money which is imperative during a recession.

One more way of planning expenditure better is to get hold of a fuel card that allows you to buy fuel at a fixed weekly rate (which may be higher or lower than the pump prices depending on the market conditions). These cards allow you to manage your fuel budget and cash flow more effectively and allow you to better predict outgoings.  
As there are so many different fuelcards and providers in the market it is crucial to find one that suits your business and to find a company you can work with and who will ‘hold your hand’ and advise you on the best card for your company. One such company is Cambrian Fuelcard Services who have been a major player in this industry for years and offer advice to you free of charge on what is available and how it can help you cut costs and become more efficient in dealing with your vehicle costs. Why not give them a call or contact them through their website.