Fleet Cards for Small Fleets Address Fuel Fraud
Many fleet operators have noticed rising incidence of fuel fraud as gasoline and diesel prices continue to rise. Top on the list is making personal purchases with a company issued credit card. Several ways this is commonly done are to dispense more fuel than the vehicle’s tank holds by using another container or another vehicle (often called slippage), purchasing unauthorized goods or services, and sharing a fuel card with unauthorized users in exchange for cash. Some employers have discovered employees fraudulently using merchant loyalty programs for their personal benefit. Add to that the real risk of encountering a pump with a skimmer, and the potential for a major financial loss is compounded.
Fleetistics WEX Fuel Card
One way to combat fuel fraud is to use a fleet fuel card program that is integrated with your GPS tracking and telematics. As you look at fuel cards for small fleets, be aware that the Fleetistics WEX fuel card integration is available as a standard offering to our Geotab customers using our WEX fuel card. It pulls data from both systems to more easily detect anomalies.
You can easily confirm the vehicle was located at the fueling location at the time the fuel was dispensed. You can monitor the gallons dispensed against the fuel tank size. Even better, you can control what kinds of purchases the card can be used for, limit the amount of fuel that can be purchased in a week, and even what grade of fuel can be purchased. Another benefit of using the Fleetistics WEX Fleet Fuel Card is access to your WEX account right from the MyFleetistics telematics user portal for access to basic and convenient fuel analytics. If you want to schedule reports and administer the account, the standard WEX account remains available.
Fleet Fuel Card Reports & Analytics
In MyFleetistics Analytics we provide a variety of ways to review your Fleetistics WEX Fleet Fuel card data, and even if you use another provider for your GPS tracking, there is still potential for integration with your GPS tracking data. In this view we display total fuel purchased for the timeframe, and vehicles or groups you select. Diesel and gas are color coded for easy reference.