Fleets urged to consider fuel cards

Energy Saving Trust is urging fleet managers to consider using fuel cards in a bid to reduce their motoring spend – while reassuring firms this does not automatically mean providing free private fuel to drivers.

A guide produced by the Trust outlines how costs, fuel consumption, administration time and security risks can all be reduced if businesses embrace the cashless payment method.

Fuel cards work like credit cards, but can only be used to purchase petrol, diesel, and sometimes other vehicle-related items such as oil. The vehicle registration and mileage are recorded at the point of sale, meaning the performance of individual vehicles can be easily tracked.

Ian Featherstone, knowledge manager at the Energy Saving Trust, said: ‘Our practical guide demonstrates how fleet managers can make their lives easier by adopting fuel cards.

‘Fuel cards provide significant benefits for businesses. They remove the need for time-consuming expenses claims, and are more secure than conventional payment methods because they can be embossed with the drivers’ name, the registration of the vehicle and the company name and consolidated invoices make calculating and claiming VAT easier too,’ he added.

For more information
www.fleetnews.co.uk/news