In the first of a new panel discussion, we ask our experts their views on how telematics have shaped and driven change within the fleet management profession, and why reluctance to use fleet technology still exists within some organisations
Fleet and vehicle operators in the UK and Europe can look forward to less hassle, lower costs and more detailed performance data when running their fleets, thanks to the Esso CardTM from WEX Europe Services (WES), and its latest multi-card offering.
The Esso CardTM is designed to make it easier to manage the costs of running commercial fleets in the UK and across Europe. Traditionally, fleet operators managed their fleets on a cash basis, reimbursed driver expenses or paid with company credit cards – often a mixture of all three. As well as being inefficient and unnecessarily complicated, these can increase opportunities for fraud and pose a potential security risk for drivers.
With the Esso CardTM, fleet operators have total control over the everyday organisation of their vehicles, whether it is trucks, buses, coaches, vans or cars. Every transaction is logged on a single, VAT-approved invoice, helping to reduce the burden of paperwork and making administration quicker and easier. All invoices are prepared in accordance with the Sixth EU VAT Directive, which means no matter what country or tax jurisdiction, reclaiming VAT owed on fuel spend is quick and easy.
A self-service e-portal enables fleet operators to view detailed information on vehicle expenses, statistics and performance; order and block cards online; manage invoices; and view transactions, including fuel, store purchases, automated car washes and tolls, 24/7.
The latest multi-card offering of WES, combining the Esso CardTM with the UK Fuels card further strengthens the appeal of the Esso CardTM. The multi-card solution increases the number of pump sites available to drivers to more than 3,400, without adding to the administrative burden, as transactions from both cards are logged on the same invoice.
Peter Dore, commercial and marketing director at WEX Europe Services, says: “An increasing number of fleet operators are recognising the benefits of the Esso CardTM, helping us increase our customer base across the UK and Europe. The Esso CardTM makes managing your business easy, especially if you’re looking to reduce your administration time and paperwork. And when used in combination with the UK Fuels Card, it gives fleet operators access to one of the largest networks in the UK. We’re continually developing our product portfolio and services, and we’re committed to retaining our existing customers through great customer service.”
Many companies are now also seeing the benefits of linking their fuel card account with a telematics solution, enabling them to identify areas of inefficiency and highlighting where staff could benefit from additional driver training or where vehicle maintenance could strengthen performance. WEX Telematics provides a range of features that provide information to improve fleet productivity, reduce operating costs and improve driver safety across your business.
The fuel card portfolio and WEX Telematics of WEX Europe Services, a joint venture between two of the world’s leading fuel card companies, WEX Inc. and Radius Payment Solutions, currently covers national and international locations including UK, France, Germany, Italy, Norway, Belgium, Netherlands and Luxembourg.