The current financial climate and the ever-spiraling cost of fuel have put a strain on companies that run fleets of vehicles. Now, more than ever, it is important that savings are made. New technology exists which helps to make vehicles more efficient but this can be expensive and human error or inefficiency can counteract the benefits.
This is where fuel cards come into play. Fuel cards are a great tool that can be used to manage fuel use more efficiently. It has been shown that the majority of companies who use fuel cards to manage their fleets can make significant savings on their fuel spending and can even cut consumption by a significant margin.
Fuel cards allow more control over fuel costs. Many of them offer fixed-price deals over a fixed period. This means that no matter what price fuel rises to, you will pay the same price until your fixed period ends, which could lead to significant savings in the current market.
Fuel cards also give greater control over and monitoring of, the workforce. When each individual driver is issued with a fuel card, they can be accurately tracked on the system. You can then see if they are making their journeys in an efficient manner or not. The fact that they can be monitored will also give them incentive to improve upon their driving time and consumption, where before they may have been a little looser.
By tracking your driver’s habits, you can work out where savings can be made and improve travel routes to minimize fuel consumption where possible. This can lead to a significant reduction in your business overheads, over time. At fuelcards.com, we offer fuel cards that can be used across the UK. We are confident that you could save money and improve efficiency by using our product.