Saturday, September 11, 2010

Fuel Cards

In an organization, its fleet plays a significant role in day to day activities and thus can incur large fuel costs. To mitigate the hassles of running the fleet many companies now use fleet cards to get considerable benefits on purchasing fuel for their vehicles. With the negative aspects of the recession, use of fuel cards became more popular among the organizations since they started exploring ways to cut costs and mitigate the overall expenditure.

A number of places are offering attractive discounts and benefits on respective fuel cards. A fuel card program also offers a number of rewards to the customers. The more fuel you use the more money you can save on overall fuel expenditure. Those companies that run a huge fleet or own a transport company can obtain large discounts from these fuel cards.
 
Fuel cards are of great importance for those organizations that use a large amount of pdiesel or petrol. These businesses include courier companies, transport companies and several fast food joints like pizza hut etc. Now however a huge number of companies also using fuel cards like petrol cards and diesel cards achieve good savings on fuel expenditure. Some of the major benefits of using Fuel cards are listed below:

A fuel card offers discount related to fuel usage volume by reducing your annual fuel costs
It lets you identify the reason behind growing fuel costs
It allow to escape the hassle of gathering receipts
Customer oriented receipt allocation system
Keep an eye on petrol station transactions during the journey
 
Keep records on business and private mileage

Fuel cards offer a very cost effective and affordable solution to manage the fleet and prevent any unwanted situations during fleet administration. These fuel cards restrict unauthorized fuel purchases and can also set a fuel spending limit. In the time of automation, companies also offer round the clock and a fraud detection tool to escape unwanted expenses.

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