There are a few different ways you can find CFN locations, but none are easier than the CFN site locator app. If you are constantly asking, “where is there a CFN near me," then this free app is perfect for you. It shows you the closest CFN locations and gives you directions by connecting to your phone’s GPS. The app also has the most up to date CFN site information and allows you to narrow your search results based on site features. While the app is fairly intuitive, there are some considerations to optimize your experience on Android and Apple devices.
When used properly, fuel card odometer tracking can be an invaluable tool for lowering your fleet’s operating costs. By recording mileage with every transaction, you can more easily schedule vehicle maintenance, keeping maintenance costs in check. But, more importantly, odometer tracking is essential for creating MPG reports. These reports allow you to easily spot inefficiencies and fraud so that you can keep costs low. But, to reap these benefits, you need to set up your fleet fuel cards properly.
To help minimize company fuel card abuse and other types of fraud, many fuel card companies offer fuel card purchase controls to restrict a card’s ability to purchase fuel. Setting restrictions that are right for the drivers and vehicles that make up your fleet can be tricky. If controls are too restrictive, your drivers may not be able to buy the fuel they need. If they are too lax, then the company is vulnerable to fraud. So, how can you determine the fuel card purchase controls that are right for your business?
Choosing how to handle your fleet fueling needs is critical because fuel ranks as one of the highest expenses for transportation companies even as the cost of fuel has declined in recent years. Companies have many options for procuring fuel for their vehicles with no one-size-fits-all solution fitting every type of fleet. Which is why it’s important to understand all of your options. Below we outline the types of card products available to help you compare fuel cards and decide what's best for your business.
Fleet fuel card reports help fleet managers and accounting teams monitor and account for every fuel dollar spent. For many companies, reporting tools are essential when evaluating fleet card services; it’s often a primary reason for using fleet cards to purchase fuel. Reports should be generated in a timely manner, detailed with relevant transaction information and customized with the right information for the right personnel. To help evaluate reporting services provided by fuel card companies, we’ve identified five common fleet fuel reports that customers request when signing up
When evaluating which fleet fuel card is best for your business, it’s important to carefully consider everything that goes into the price per gallon. This includes rebates or discounts that fleet cards might offer, but even more important are the fees that fuel card companies often charge to offset those rebates and discounts. The best choice for your fleet might not be obvious until you’ve weighed all the factors and calculated the total cost per gallon.
Universal fuel cards offer many benefits to cardholders not unlike some of the benefits available with fleet cards in general. Unlike other cards, universal fleet cards enable drivers to purchase fuel at almost any gas station in the U.S. Some might argue there is a cost to this convenience compared with discount networks, but if you look more closely, there can be potential savings when you use universal fuel cards.
A common way for companies to track fuel spend is to collect receipts from drivers every time a purchase is made. Accounting personnel then need to store those receipts and manually record total gallons and dollars for all drivers. The process can be incredibly tedious and rife with errors. Fuel card companies help mitigate these issues by reporting detailed transaction information on invoices and reports, eliminating the hassle of receipts for both drivers and accounting teams alike.
Whether you own a fleet of vehicles or operate a single truck as an independent contractor, it’s useful to have access to fuel pricing information to benchmark current costs and forecast future expenses. There are many resources available online to check fuel prices, but with so many options, how do you know which one will work best for your needs? Well, good news. We’ve identified five different ways to find fuel prices online and outlined the pros and cons of each.
Fleet managers traditionally consider fuel card alerts as a tool for bolstering their control of driver fueling and protecting their companies against rampant abuse by cardholders. For many managers, this is still the primary purpose for putting alerts in place; they’re an extension of card purchase controls. However, there are other uses to consider when deciding which fuel alerts should be enacted as part of your company’s fleet fueling program.