Reducing Your Fuel Spending is Simple with NexTraq Fuel Management Services
As the owner of a fleet, your fuel spend is a necessary and unavoidable expense. With gas and diesel prices projected to rise to “a three-year high this summer” as reported by Business Insider, it’s vital that you protect your budget from increasing prices at the pump.
With NexTraq fuel management services, you’ll receive the solutions you need to reduce fuel spending, improve your margins, and drive your business to succeed.
NexTraq®—a MICHELIN® group company—provides your fleet with specialized tools and advanced technology to optimize your operations.
Track Fuel Spending
To determine the best fuel efficiency strategies to strengthen your fuel economy, you need to know how much you currently spend on fuel. With NexTraq Fuel Purchase History Reports, you’ll receive comprehensive data detailing authorized and unauthorized fuel-card purchases by fleet, driver, and vehicle. Use this information to identify patterns of inefficient or even fraudulent fuel spending. That can help you eliminate extraneous expenses.
Monitor Fuel Card Activity
When you’re tasked with supervising an entire fleet, it’s challenging to keep a watchful eye on when and how your drivers use their fuel cards. And while you need to believe in the integrity of your workforce, some drivers may engage in fraudulent spending.
With NexTraq fuel management services, you can designate fuel cards to each of your drivers. This gives you a detailed record of when and where each fuel card was used, what was purchased, and how much money was spent. Paired with point of interest (POI) mapping and geofencing features, this helps you encourage driver accountability and deter suspicious activity.
Manage IFTA Charges
If your fleet routinely travels over state lines, IFTA will affect your fuel budget. With NexTraq IFTA Reporting, it’s simpler than ever to be IFTA compliant. With this thorough quarterly report, you’ll receive a comprehensive analysis of when and where your drivers purchased fuel in each jurisdiction. This not only keeps your business compliant with mandatory regulations but will also help you manage your costs to improve your fuel spending practices.
Receive Real-Time Alerts
Staying in the know is challenging when you’re managing an entire fleet of vehicles. Since you can’t be everywhere at once, NexTraq real-time alerts will deliver every relevant detail regarding your fuel consumption patterns straight to your inbox. With over 30 alerts available, you’ll receive the actionable insights you need to make the best decisions for your fuel spend and your business.
Optimize Your Fuel Spending Practices with NexTraq Fuel Management Services
By utilizing NexTraq fuel management services to reduce your fuel spending, you’ll not only enhance your fuel economy. You’ll empower your business with the solutions you need to experience prolonged success for years to come.
To learn more about how NexTraq can help you measure, manage, and improve your fuel economy, click the learn more button below.
- Gas and diesel prices are expected to reach a three-year high this summer
- With NexTraq fuel management services, you can reduce your fuel spending
- Track your fuel spending to eliminate extraneous expenses and enhance your fuel economy
- Designate individual fuel cards to your drivers to encourage accountability, deter fraudulent activity and decrease your fuel spending
- Manage IFTA expenses to keep your business compliant and control fuel costs
- Utilize real-time alerts to receive actionable insights that’ll help you make the right decisions for your fuel spend