If your business uses trucks then you probably are on the lookout for ways to manage fuel costs. You may consider a fleet card service. While there are several choices available, many are credit-based and charge a percentage fee calculated on the charge volume - which can get expensive.
If you are looking for something a bit different, try using the PEX Visa Prepaid Card service as a fleet card. You issue cards to each of your drivers and you can add money for fill-ups as needed. Those purchases are recorded so you can track exactly how much diesel each truck is using. If a truck needs repair, the cards can be used for that as well.
All this is can be set up quickly and then managed through an easy-to-use interface. Edits to balances are in real time and come into effect immediately - that means a drive can call you for money and you can login and put the funds right on his card for use seconds later. Once fuel costs can be easily managed and monitored, you can spend your time looking for ways to bring those costs down.
Getting PEX Card isn't expensive and it will make your life easier and it will make your trucking service more efficient.
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.