Fuel Management

Fuel spend is one of the highest contributory cost elements for fleet operators. Masterlease, in partnership with fuel card providers, offers a mechanism for controlling and managing these costs in the form of its fuel management service. This allows fleet operators to:

· Control costs
·  Simplify administration
·  Secure preferential prices for fuel
·  Simplify fuel expense reimbursement to drivers
·  Simplify VAT recovery

The fuel management service allows operators the flexibility to choose the elements required in order to match their business needs, for example:

·  On-line reporting
·  On-line card management
·  Security alerts by e-mail
·  Range of pricing options

Gathering information on fuel purchasing takes time, energy and may divert you from your core job. You could ask your drivers to provide some of this information - but it’s an administrative nightmare. Using the fuel management service will help identify where your money is being spent and enable you to maximise your purchasing power. You can be in control too by using the on-line management information package which allows:

·  Full transparency of all charges
·  The ability to control cost centres and data flows
·  Increased control and security over all fuel transactions
·  Expiry dates applied to each card
·  Choice of on-line or paper invoice summaries

The system facilitates exception reports on any transactional data. For example:

· Drivers filling up more than their weekly allowance
· Any transaction over their agreed value
· Purchase of different fuel type