How much does it cost to fill the tank of your business’ car, van or truck? And how long does that last before it needs a refill? Keeping track of fuel purchases can help predict operating costs and provide opportunities to improve cash flow. With corporate prepaid cards from PEX Card, this isn’t hard to do.
If all purchases are made using a fuel prepaid card
, you have a record of when fuel is purchased and how much it costs. Over time, this information can be used to track the trend and give you an idea of how much the trips will really cost, not just how much they should cost on paper. This lets you put just the right amount of money on the cards and frees the rest of your cash up for other important business purchases.
Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry.