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The Impact of CFN Fleetwide Fuel Cards on Reducing Fleet Fuel Expenses
Posted: Sep 04, 2024
Any business operating a fleet of commercial vehicles should use CFN fleetwide fuel cards because they allow you to save money on fuel expenses and set limits on daily fuel transactions. Each driver can visit an in-network fuel station and use their CFN fleetwide fuel card to purchase discounted fuel based on the limits and specifications you set for it.
Below are the five primary ways that CFN fleetwide fuel cards can reduce your fleet fuel expenses.
1. Access Fuel Discounts at Over 57,000 Locations Nationwide
Your fleet of truck drivers will not have any trouble finding convenient fueling stations to receive fuel discounts because CFN fleetwide fuel cards are accepted at over 57,000 convenient locations nationwide. There are even more CFN fuel sites than truck stops. So, your fleet will have easy access to CFN fuel sites to purchase discounted fuel for your commercial vehicles.
2. Set Purchase Limits
You will have complete control over how much fuel your fleet purchases. CFN Fleetwide fuel cards give you the power to set monthly, weekly, or daily purchase limits on every CFN fleetwide fuel card distributed to your truck drivers. That way, you can make sure that your drivers are not wasting fuel and that they only purchase the specific number of gallons of fuel that you set on the cards.
3. Transaction Monitoring 24/7
The CFN fleetwide card program lets you monitor all your fleet’s fuel transactions 24 hours a day, 7 days a week. You will receive instant email notifications in your inbox whenever a fuel transaction is made using one of your CFN fleetwide cards. These notifications provide you with complete transparency of your fuel costs to ensure the fuel purchases are not going over your company’s budget. If you find the transactions are going over budget, you can set new limits on purchases to keep a balanced budget.
4. Create Active Time Slots
Another way you can reduce your fleet fuel expenses is to create active time slots for fuel purchases. These are the time slots when your fleet is authorized to purchase fuel using their CFN fleetwide fuel cards. Setting active time slots will help you manage your fuel transactions better and ensure your fleet stays on schedule. If any of your drivers need fuel outside of the active time slots, you will know they didn’t stick to the schedule.
5. No Transaction Fees
Retail fuel stations typically charge transaction fees when customers swipe their credit cards at the pump. Well, there are no transaction fees charged when your drivers swipe their CFN fleetwide fuel cards at any of the authorized fuel stations. The savings from avoiding these transaction fees will add up fast, especially if you have a large fleet of commercial trucks.
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CFN fleetwide fuel cards offer businesses several different ways to save money on fuel expenses when operating their commercial fleets.
About the Author
I'm John Miller. I have been working in the fuel industry for the last 15 years. I love to write about things that excite me. I will use this space to share my knowledge and expertise.
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