Large businesses with big fleets have plenty of expenses to keep track of, but fuel has to be one of the most important. Without fuel, your entire business is at a standstill. Many large companies choose to use business credit cards to handle their fueling needs, but fleet fuel cards are essential for large businesses, and here’s why.
Significant Fuel Savings
There’s no question that a huge chunk of your budget goes toward fuel. Prices of fuel can be unpredictable from day to day, making it hard to know how much to set aside. Some business credit cards offer cash-back programs or other savings initiatives to help clients save on gas, but a fleet fuel card can offer savings that standard business credit cards can’t match.
Your drivers can pull up to the pump and fuel with confidence knowing that their purchase will be fully covered and accounted for. Employees will appreciate spending less time at the gas station and more time on the road. Plus, you’ll enjoy the discounts!
If your company regularly purchases more than 1,000 gallons of gas per month, then a fleet fuel card will bring nearly instant savings. Fleet cards can provide access to wholesale pricing, which can significantly reduce the amount you’re spending on gas. Depending on the program you enroll in, you may be able to access savings at specific service station locations.
Detailed Expense Tracking and Reporting
To keep your budget on track from year to year, tracking and reporting are essential. Instead of having to enter all of your purchasing data manually, many fuel card programs provide automatic tracking and reporting capabilities.
For example, Guttman Energy’s clients can track their expenses and see real-time reports from our IFTA data reporting program. Clients can view spending by individual employees or divide expenses into categories like “fuel,” “maintenance,” and more.
Each employee in your fleet will be given a Driver Identification Number connected to their card, so you can always track who is purchasing what. Being able to learn about your employees’ spending habits can help you monitor purchases and reduce or even eliminate fraud. If you want to go one step further, you can set limits on your employee cards to ensure your company doesn’t go over budget.
More Efficient Accounting
When you own a business, you have more things to do than there are hours in the day. But when you get automatic reports and personalized data, you can suddenly save tons of time while still having complete control over your budget.
Expense tracking and reporting are great for your business all year long, but it’s perhaps most important during tax time. You can find all your reports from the year in one convenient place, already prepared for you to file. Business owners can save invaluable hours that they can then invest straight back into their companies.
Get Started with Guttman
Guttman Energy is proud to offer one of the most convenient, flexible, and affordable fleet fuel cards for large businesses on the market. We serve hundreds of clients around the country and work daily to ensure our clients’ fleets can get on the road when they’re needed most.
Our fuel card program is ideal for businesses of all sizes. You’ll never be locked into a contract or forced to pay a fee if you choose to end your program. Our cards are accepted at over 65,000 service stations across the country, so you’ll never have to worry about your drivers being stranded without fuel.
No matter what your company’s needs or goals are, Guttman can help. Our dedicated account representatives make sure you’re always taken care of and are never treated like just a number. We’ll do whatever we can to keep your business moving forward.
Contact the team at Guttman Energy today to learn more about our fleet fuel card program.
