Fleet Fuel Management System

In the current context of pressing environmental and fuel issues, an efficient fleet fuel management system is of paramount importance. A fleet fuel management system helps a company to better manage its fuel expenses by centralizing fuel purchasing and billing.

A fleet fuel management system is an important component of a fleet management system. The latter refers to management of a company's vehicle fleet. It can include a wide array of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, fuel management and health & safety management. Fleet management is allows companies which rely on transportation in their business to remove or minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation costs, providing 100% compliance with government legislation, to name but a few of the tasks carried out by this type of management function.

Having an efficient fuel management system can help a fleet manager minimize internal fraud and abuse and thus save money on fleet gas expenses; automate card authorization control; set purchase limits by time of day, day of week, transactions per day, dollars per day or gallons per day; enjoy the convenience of a nationwide network of fuel and maintenance locations; eliminate the hassle of processing expense reports for fuel purchases; enhance driver productivity and reduce fuel expenses, among many other advantages.

Several companies specialize in fleet fuel management, which vary in terms of features but whose objective is basically the same: more control over fuel expenses, improve fuel performance and help the client economize. A fleet manager should shop around and decide which fleet fuel management system is better suited for the size and scope of their company. Some companies prefer to have their own fleet fuel management system instead of outsourcing it to a third party.