Eliminate Slippage and Enhance Driver Accountability with Fuel Card Management Software
While you always want to believe in the integrity and honesty of your drivers, in some instances, there may be individuals that try to take advantage by misusing their fuel cards for their personal purchases. When this occurs, it negatively affects your numbers and can severely damage your business if it goes undetected. To prevent fraud and protect your profits, you need to invest in a solution that can help you effectively manage and monitor your fleet. With NexTraq fuel card management software, you can eliminate slippage and enhance driver accountability to ensure your business is secure and successful.
NexTraq® – a MICHELIN group company – will provide your business with modern technology so you can analyze driver behavior and supervise your workforce.
The Dangers of Slippage
Slippage is a term that refers to the misuse of company money to make non-occupational related purchases like coffee and food while incorrectly reporting them as a fuel expense. While it is necessary to provide your drivers with fuel cards to get them from job to job, without software to document their spending, they can easily make unauthorized purchases that will be difficult to dispute without proof. Even if it is just a couple of dollars here and there, over time, that can add up to a significant amount that will deeply impact your bottom line.
Stop Slippage in its Tracks
With NexTraq fuel card management software, you can end slippage and hold your drivers accountable by using your fuel cards to immediately detect and stop fraud in its tracks.
Assign Fuel Cards
The most effective way to enhance driver accountability is to assign them a fuel card that they know is specifically tied to their activities and spending. With NexTraq fuel card management software, you can designate a fuel card with a unique pin number to each of your drivers that records the time and location of their every transaction. This enables you to know exactly where and when the fuel cards were used – as well as what each driver purchased and how much they have spent.
Validate Fuel Purchases
Should you ever feel uneasy about the validity of the fuel purchases made by your drivers, you can confirm their activity using enhanced GPS tracking from NexTraq. When your drivers stop at a gas station to fuel up using their fuel cards, their locations are automatically recorded by the software using innovative GPS technology. This allows you to match the vehicle locations to when and where your drivers stopped to provide you with the ultimate peace of mind.
Fuel Card Integration
To optimize the use of your fuel cards for your business, fuel card management software from NexTraq teams up with the top fleet fuel card services in North America and Canada to integrate transaction data from more than 24 different fuel cards for your convenience. Including Fuelman (Fleetcor), Comdata and WEX, this covers virtually every fuel card on the market today to make the integration process easier than ever before.
Protect Your Business with Fuel Card Management Software
With NexTraq premium fuel card management software, you can prevent fraud before it occurs to keep your fleet accountable and safeguard the financial future of your business.
Contact us today to learn more and schedule a free consultation.
As a MICHELIN group, NexTraq has made it a mission to equip your business with the tools it needs to take driver accountability to the next level.