10 reasons why you want to invest in fuel management

You will be notified about when and where fuel thefts happen. You can stop stealing in progress. Plan on safer parking spaces. Monitor behavior of drivers and maintenance staff.

Monitor and control fuel spend especially as fuel is very expensive now

Investing in a fuel monitoring system has the long term benefit of increased profit margin. (During sales calls, ask average trip length and diesel spend. calculate 5% savings per trip and expected savings in a year)

You can provide better fare quotations to clients, as you will have an accurate estimate of fuel spend. As diesel cost is increasing but fares are not, this can improve your margin.

Looking at the fuel expense pattern over a period, you can easily spot the roads or route sections where fuel expense is higher. Alternatives can be accordingly planned for better cost efficiency.

You will be able to identify and mark the fuel pumps where correct volume is provided. Accordingly managers can guide drivers to get diesel from specified petrol pumps only.

You will find out how honest your driver is. Accordingly you can incentivize good drivers to foster loyalty and performance.. Looking at average fuel spend over certain periods and sectors, you can spot driving issues - like too much overspending or downhill driving with engine switched off.

By checking and comparing fuel spend and vehicle average, you can easily spot vehicle issues and do maintenance work on time. Not only this will lead to savings, it will enhance vehicle life and performance.

More efficient budgets can be done by looking at seasonal and periodical fuel expenses. Better planning and cost control will be easier for busier periods.

As you can easily get fuel spent during any specified period without searching for paper receipts, it will make accounting and payment processing smoother.