Archive for the ‘Business Fuel Cards’ Category
New Business Fuel Cards come with More Significant Features
Now days, there are several companies that provide their respective clients with various valuable services and benefits. Business fuel cards are one good example of the same that offer countless business benefits since they help the cardholders in multiple ways. Such cards aim to handle issues such as fuel costs fixed and cut in order to reduce inaccuracies, both administration and fuel claims. Fuel cards are in abundance thus sometimes it becomes hectic to decide whether which among them best suits one’s business needs.
If your fleet uses any kind of above mentioned cards, you have to be careful in making a decision whether which card meets the requirements best and is in accordance with the operational needs of your fleet. If we have a look at the long list of benefits one could derive using any kind of fuel cards, we find them helpful even in cutting the receipt processing time out since the same is a pretty time consuming activity. Other key features related to this facility could be described as coverage or the existing pricing provided by the leaders of cards market.
As far as types of such fuel cards are concerned, mostly we come across with two major types i.e. fixed price business cards and fuel pump price discount. Most of the businessmen prefer fixed price benefit especially those who have huge and heavy fuel consumption on daily basis. Haulage fleets for instance, could be the best example of such users. On the other hand, the cards offering fixed price feature though provide wider network coverage, they offer price updates on weekly basis, on national level. The price thus offered on the lower side than prices offered by the pumps directly.
One could simply compare various features or other benefits offered by card providers such as coverage and latest pricing etc and to do so; a simple table of comparison would be ideal. Your card must be simply covering the entire filling stations well, falling within your work area and in addition to that; it must also ensure your vehicles are receiving best and maximum fuel discounts. Whichever card you possess, it should be delivering a single invoice, approved by the VAT that outlines total number of fuel transactions that are made for a specific period.
To make sure that none of your purchase cards is abused, you should also keep a close watch on purchase restrictions using the PIN protection feature of your card. One significant features adopted by most of the card providers is an online, account management system; this enables business viewing, at any time of their choice, the fleet management reports.