Making your choice

Discover the most frequently asked Fuel Cards questions

How to implement fuel card programs in my business?

Implementing business fuel cards is a management decision which brings fantastic returns on productivity and finances. Business fuel cards indeed help getting rid of the tedious task represented by expense accounts reconciliation, with all related possible data entry mistakes. With fuel cards, invoicing becomes centralised. Businesses using fuel cards just have one single monthly invoice to pay for all their fuel expenses. 

All staff members can use fuel cards. Benefits include direct financial gains (with some discounts on pump prices) and indirect financial gains (VAT collection, easing of the tax burden, administrative simplification, improved vehicle maintenance).

How to get fuel cards? Providers of such useful business tools can be found on the internet easily. But there are so many players and products on the market, with so many different discount policies, services, account management tools that procurement executives may quickly become confused. That’s why Companeo and several fuel card providers selected for the quality of their products give you a fuel card quote generation tool. 

All you need to do is enter such data as vehicle types, number of vehicles number of cards needed into the online quote request form and you’ll start receiving targeted proposals.

With so many suppliers on the business fuel card market and so many products to choose from, getting as many quotes as possible is a must to make the right choice.

Once quotes are received and the deposit, when required, is paid for, cards are sent over to the company within a few days, and relevant staff organise the distribution of these cards. Cardholders then have to activate their card on the online platform. Once activated, the card is ready to work as any other traditional payment card.

Implementing business fuel cards is not only a way to simplify accounting and administrative tasks, it’s also a powerful way to improve overall performance.

 

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For more information on Fuel Cards go to our buying guide