August 29, 2012
NexTraq and FleetCor Launch the NexTraq Fleet Fuel Card
Fuel card provider integrates with the NexTraq GPS Fleet Tracking solution to control fuel usage and reduce fuel costs fleet-wide
NexTraq, the value leader of GPS fleet tracking and vehicle management solutions, announced today that it has partnered with FleetCor Technologies Operating Company, LLC to offer its clients the NexTraq™ Universal Premium Fleet Card MasterCard®. The fuel card data integrates with NexTraq’s Fuel Purchase Reports and its IFTA Report for better visibility on fleet fuel spend.
“By combining the power of GPS tracking with fuel card information and controls our joint clients will have significantly improved tools to reduce fuel waste and expense.” says Jeffrey D. Lamb, Executive Vice President, FleetCor. “Businesses that implement our joint solution, which combines vehicle location and driver behavior tracking and fuel card controls and reporting, will now be able to quantify real savings in fuel and maintenance expenses across their fleet."
With the NexTraq Universal Premium Fleet Card MasterCard, businesses can help prevent loss through fuel slippage and identify potential employee misuse. The card can be limited by number of transactions on a daily, weekly or monthly basis, allowing managers to receive an email alert when a threshold is reached.
Additionally, the NexTraq Universal Premium Fleet Card MasterCard can be set with different purchase levels based on a person’s spending habits or vehicle tank size, enabling better reconciliation of fuel expenses. For those business owners worried about after-hours activity, card usage can be limited by time-of-day restrictions to identify questionable transaction attempts company fuel procedures.
Mike Scarbrough, CEO of NexTraq, said, “The ability to monitor and control one of our customers’ biggest expenses is a significant benefit for them. Integrated with our robust reporting functionality, the NexTraq Fleet Tracking solution will send out real-time alerts to a customer’s inbox to immediately notify management if a procedure is breached.”
For more information on the NexTraq Fleet Tracking platform, its applications – Fleet Mobile, Fleet Metrics and Fleet Dispatch, please visit http://www.nextraq.com or call us at 800.358.6178.
Established in 2000, NexTraq provides the highest value GPS fleet tracking solution in the telematics industry. The NexTraq™ Platform is a cloud-based application that enables service and distribution businesses to optimize fleet operations while reducing operational costs and maximizing revenue. Based in Atlanta, NexTraq customers achieve ROI in as little as one month. For more information, please visit www.nextraq.com.
FleetCor, The Global Fleet Card Company, is a leading independent global provider of specialized payment products and services to businesses, commercial fleets, major oil companies, petroleum marketers and government entities. FleetCor’s payment programs enable businesses to better manage and control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. FleetCor serves commercial accounts in North America, Latin America and Europe. The NexTraq™ Universal Premium Fleet Card MasterCard® is operated by FleetCor. MasterCard is a registered trademark of MasterCard International Incorporated.