May 29th, 2009
Posted in Fuel Cards |
Fuel cards have gained a lot of popularity and are widely used by many companies. If you are operating a business where you have to manage a large fleet of vehicles, fuel cards are a must for you. Fuel cards are also useful for companies that have a transportation business. The best advantage of using these cards is that they help you to save both valuable time and money for your company.
With the help of fuel cards a company can save a considerable amount of money on fuel, they can have better account management and can also find out the drivers behaviour towards their job. The following are the reasons why fuel cards are a must for your company:
Vehicle – With the use of fuel cards, you can save a considerable amount of money by simply cutting down on unauthorised and unwanted expenses. With the help of these cards you can set a specific purchase limit. You can either set transaction limit per day or week. You can also set a specific fuel type as well as specific quantity for appropriate report tracking and vehicle maintenance.
Employee – If you as the business owner have better control over fuel and maintenance, you will automatically have greater control over your fleet drivers, thereby ensuring responsible and safe employees. This helps to improve their efficiency at work, thereby improving your business productivity.
Fuel cards are very useful and will definitely help you save considerable amount of money each month.
May 28th, 2009
Posted in Fuel Cards |
Fuel prices keep rising substantially year after year. Regardless of rising fuel prices, you can still save a considerable amount of money on fuel by using fuel cards.
Fuel cards (also known as petrol cards or diesel cards) help you to save both, valuable time and money. Hence, fuel cards are a great money saving solution. Here are few reasons why you should opt for petrol or diesel cards:
Just like credit cards, fuel cards are very easy to use and are accepted at almost every fuel station. This eliminates the need to carry cash and the transaction is also immediate, thereby saving you a considerable amount of time.
With the help of a fuel card, you can set a transaction limit on a daily, weekly or monthly basis. Hence, you can restrict yourself to the amount of purchases you make, thereby saving a considerable amount of money.
Fuel cards prove quite helpful to those people who do not have control over their spending limit. You can assign a specific credit limit to your card, thereby avoiding any overspend.
If your fuel card gets lost or stolen, you can immediately block your card, thereby avoiding any unauthorised transactions. If there are unauthorised transactions, you can settle it with your company and not be liable to pay for that transaction. However, if your cash gets lost or stolen, you can do nothing about it. Hence, it is always advisable to opt for petrol or diesel cards.
May 27th, 2009
Posted in Fuel Cards |
The world has been hit by a global economic recession that has caused the fuel prices to fluctuate. Managing a fleet of vehicles in such touch economic times can be quite difficult. However, using a fuel card can prove to be an ideal option. Fuel cards are simple and effective ways to control fuel costs.
The cost-effective payment alternative
A fuel card looks similar to a credit card but functions in a completely different way. When you use a fuel card, there is no need to carry cash because the card is used to pay for fuel.
Easy access to fuel stations across the UK
Another important advantage of fuel cards is that they are accepted by most fuel filling stations across the UK. Having a tie-up with the majority of fuel stations means your drivers can fill up wherever they want.
Manage your fuel costs easily
With secure reports via the internet, you can quickly find where exactly your fuel is spent.
When using fuel cards you will also be eligible to get cheaper petrol and cheap diesel at many fuel stations. Thus you can ultimately make large savings in the long term.
May 26th, 2009
Posted in Fuel Cards |
The one common goal amongst all builders, architects, developers and contractors is that they need to keep a watch on the costs. Anything that can have an impact on the bottom line needs to be controlled, monitored and kept to a minimum. This is a difficult task but if you take appropriate measures, it can be straightforward.
Having too many options can be quite frustrating at times. There is always some way you can get things at a cheaper rate. Fuel is one of the classic examples. When you need to top-up your vehicle, you do not have many alternative choices. For most companies that use a fleet of vehicles, it is very important to manage expenses properly.
Due to the worldwide economic downturn, the cost of fuel keeps on changing all the time. However, a fuel card is one alternative that can actually help you make considerable savings. Fuel cards are best for haulage companies, taxi drivers and coach operators. Using fuel cards, you can get cheap diesel and cheap petrol.
One of the biggest advantages of a fuel card is that you can control the amount of fuel a driver puts in a vehicle. You can also either restrict fuel to a particular vehicle or a particular driver or restrict usage to a specific amount. As they provide flexibility, fuel cards are ideal for every business. They help to make considerable savings in the long term.
May 25th, 2009
Posted in Fuel Cards |
If you are a fleet manager or the owner of a fleet based business, you may be constantly thinking of ways to improve the efficiency of your business, as well as reduce operational and overhead costs. Between setting up short term budgets and long term operational goals, and ensuring that some work is done, the idea of using a fuel card in your business may not have even crossed your mind.
Fuel cards are very effective in improving the fuel efficiency of your fleet and are useful in minimising maintenance and fuel costs. Before fuel cards like petrol cards or diesel cards, businesses had to manually track their budgets and keep a record of all their fuel transactions. This involved a lot of paperwork and most times, the drivers who travelled on the road for long periods misplaced the fuel receipts which would result in little control over fuel expenses.
Fuel cards record all transactions done using them, so businesses no longer need to be dependent on the driver for the fuel receipt, which eliminates fuel theft. Additionally, fuel cards are equipped with certain security features that eliminate fuel fraud and overspending. For example, the business owner can place a limit on the number of transactions done on the fuel card on a daily, weekly or monthly basis. Fuel cards also allow the fleet manager or owner to place an amount limit that reduces any excessive purchase or consumption of fuel by the driver.
May 23rd, 2009
Posted in Fuel news |
With no significant improvement seen in the economic situation and rising fuel costs, fleet based businesses have no choice but to introduce several cost cutting measures in their operations.
Although, cost cutting measures help to reduce the costs by a significant measure in the short term, they are not suitable in the long run of the business. Cost cutting measures such as wage cuts and reduced employee strength may bring down costs for the company but are disliked and unpopular by employees and can have an undesired effect on employee productivity and efficiency.
One of the most effective and ideal ways for fleet based businesses to reduce operational costs is by implementing the use of fuel cards like petrol cards or diesel cards. Fuel cards are an ideal way for the organisation to save a significant amount of money every time the vehicle has to refuel. In addition, you do not have to give any money to the driver of the vehicle as fuel cards eliminate the need of carrying and paying by cash at the fuel station.
If a petrol card or diesel card is lost, you can immediately disable or block the card, so that nobody else can use it. The fuel card is replaced quite quickly by the fuel card company enabling your business to function smoothly. With a fuel card, drivers can purchase any type of fuel or automotive products at the fuel station and if needed the fleet manager can also set a particular limit on the amount of fuel to be filled.
May 22nd, 2009
Posted in Fuel Cards |
A fuel card is something that provides superior control and convenience of reporting. It is accepted by most fuel filling stations across the UK. A fuel card is specially designed for controlling fleet fuel and maintenance expenses. The main advantage of a fuel card is that you will not need to carry money all the time for putting fuel in your vehicle. Using fuel cards you can easily control the costs of maintenance, fuel and operational functions.
Features of a fuel card:
• Accepted at major fuel stations across the UK
• Controlled authorisation
• Purchase limits and controls
• Great flexibility – driver card, vehicle card or combination
• Online card reporting and maintenance
• Security
Fuel is a commodity that will continue to be expensive and valuable. By using a petrol card or diesel card, you will often be able to purchase petrol and diesel at slightly cheaper rates as the price is generally fixed for the month, regardless of where you fill up.
Today, many industries use vehicles for running their business. It is a good idea to opt for a cost-effective solution such as a fuel card. When your business heavily depends on vehicles, it is essential to choose an appropriate fuel card. By getting cheap diesel and cheap petrol, you will be able to make huge savings on your fuel expenses.
May 21st, 2009
Posted in Fuel Cards |
Do you have a business that depends on a number of fleet vehicles? Keeping a track of fleet vehicles and their drivers is one of the most difficult tasks in managing a fleet. If you wish to have a good and efficient solution, fuel cards are the ideal option to go for. A fuel card lets you put the fuel in your fleet vehicles and avoids the need of paying cash on the spot. With this feature of a fuel card, you will no longer have to provide cash to your drivers on a daily basis.
A fuel card looks and functions similar to a credit card. However, both have different features and advantages. Using a fuel card, you can get cheap diesel and cheap petrol. Thus you will be able to make huge savings every time you put fuel in your fleet vehicles. A fuel card can provide real benefits to those who use their vehicles extensively and spend a lot of money on fuel purchases.
Today, there are a number of companies that run their business using large numbers of vehicles and hence their fuel expenditure increases considerably. In such a case, a fuel card can provide great benefits as the overall operating costs can be cut down to a great extent. To avoid the misuse of fuel cards, you can even set a particular limit on them. Fuel is one such expense which can never be avoided or neglected. Fuel cards actually help you to control your fuel expenses in a very efficient way.
May 20th, 2009
Posted in Fuel Cards |
It is very important for you to consider your car’s fuel consumption. This is because you need to conserve fuel as well as keep a check on its price. The high prices of fuel and shortages should be a matter of concern for everyone. Due to this reason, fuel cards programmes have come about.
Most fuel cards work the same way as a credit card. You buy fuel using the card and then settle up at the end of the month.
An advantage of using a fuel card is that prices per litre are generally fixed, so you know that wherever you fill up, you’ll be paying the same price. This can lead to reduced fuel expenses and you do not have to worry about your drivers overspending on fuel. You can specify a limit for your card and prevent misuse. If you are in the fleet business, this will help you keep a track on the consumption of petrol or diesel and the mileage of your vehicles.
Diesel cards or petrol cards provide security as well, because you do not have to carry cash with you for purchasing fuel. If you are looking to save money on the fuel your car consumes, then fuel cards are an ideal solution. You will be amazed at the savings that these fuel cards can offer.
May 19th, 2009
Posted in Fuel Cards |
A fuel card is a plastic card that is similar to a credit card. It is used for paying for petrol and diesel. While using a fuel card, there is no need to carry cash or credit cards and so they are becoming increasingly popular. Many fleet owners today prefer to have fuel cards for various reasons.
Advantages of fuel cards include:
• Reduced administration costs
• Discounted fuel prices
• Paperwork is reduced
• Need for carrying cash is eliminated
• You can get invoices for VAT
• Fuel theft can be avoided
• Fraud prevention
Though, a fuel card looks similar to a credit card and uses similar technology, their use and implementation is considerably different. Most fuel card companies today offer interest free credit periods on fuel card usage making them more effective and reliable. Apart from cashless transactions, most fuel card companies also provide itemised invoicing which is automated and more reliable.
Companies that provide fuel cards for their drivers, have an option in which they can either restrict the card usage to a particular vehicle or a driver, to a particular amount or to fuel related products only. If any unusual transaction is made using a fuel card, it can be reported immediately and hence unauthorised usage can be avoided. Moreover, you can even restrict the transactions either on a daily or monthly basis further making them more secure.