Discover the advantages of fleet fuel cards for your company.
Reducing expenses and controlling costs is a top priority for most companies. It increases profitability and enables investment in other areas of the business. When it comes to fuel expenses, it's important to have a strategic fuel program in place to protect your bottom line against fluctuating fuel prices.
Many trucking companies and business fleets rely on P-Fleet for commercial fleet fuel cards to manage their fuel expenses. We offer various fleet fuel cards so that your drivers have a convenient payment method for fuel purchases.
But our card program does even more. It enables managers to limit purchases at the card level and then track company spending as purchases occur. Receive fuel discounts at select locations to lower your costs and fraud protection for your account to ensure peace of mind.
Below are some additional advantages that customers experience when using our fleet fueling cards.
Fuel discounts
Fleet cards are frequently used to save money on fuel. Drivers can use P-Fleet's CFN card at discount fuel sites in the CFN network. CFN locations use a cost-plus pricing model, which bases fuel prices on wholesale costs and adds a lower markup than retail stations and truck stops. With access to CFN sites, your business can potentially save significantly on fuel.
The Voyager card helps trucking companies and business fleets reduce fuel expenses by simplifying access to low-cost brands. With the Voyager card program, drivers can compare fuel prices of major and independent brands from their mobile devices, allowing them to easily shop for the best prices. As with all P-Fleet cards, Voyager has zero transaction fees, giving your drivers the freedom to choose the lowest-cost brand without incurring additional costs.
Secure transactions
As the primary payment method, a universal fuel card makes tracking employee purchases much easier. Some companies reimburse employees for fuel purchases. Others might issue cash or company credit cards but require drivers to submit receipts for every purchase. These methods are time-consuming and tedious.
By contrast, a fuel card transaction is more secure than using cash or credit cards, and it eliminates administrative time spent on processing and issuing reimbursements. If an employee loses a fuel card, it can be easily deactivated. Plus, P-Fleet offers free fraud protection for customers should unauthorized use occur.
Customizable spend limits
Ensure drivers have the fuel they need when they need it while preventing misuse with P-Fleet fuel cards.
Through our convenient online portal, you can set limits on how much fuel individual drivers can purchase by gallon or dollar amount. You can also authorize specific times and days that transactions can occur for each driver. If you need to provide fuel cards per vehicle, you can customize spending limits for individual vehicles as well.
Customizable spending controls are included with your account, whether you select a CFN or Voyager card.
Improved cash flow management
Whether you're an established company or a new, small business, a P-Fleet fuel card account can help you manage cash flow. We offer billing periods of 3, 7, 15 or 30 days so that you can choose the best payment cycle for your budget.
A P-Fleet account also simplifies the tracking of fuel purchases, helping you maintain oversight of every dollar spent. Access detailed reports in the customer portal and see when, where and how much fuel was purchased. Leverage this data to identify spending patterns and streamline budgeting for future expenses. You can also use spending data to pinpoint opportunities to save on fuel and free up cash for other business objectives.
Reduced administrative burden
With detailed reporting capabilities and expense tracking, a fuel card account can ease the workload of administrative teams. Accounting and administrative teams no longer have to tally up fuel expenses from spreadsheets or receipts throughout the year. Instead, they can download transactions or a summary report directly from the P-Fleet customer portal to streamline accounting processes.
Depending on your needs, we can also provide custom data files that your team can import into their accounting software. Contact our team to learn more about our tailored solutions.
Single payment method
A fleet fuel card isn't just useful for purchasing fuel. Your company can also use it to cover vehicle maintenance costs if you enable that option for your drivers. Fuel cards provide a convenient payment method for essential vehicle maintenance expenses, like oil changes, tire purchases and various repair services.
With a single payment method for fuel and maintenance costs, monitoring and accounting for these expenses is much easier, especially if you have multiple vehicles in your fleet.
