The continuing rise in fuel costs has a direct impact on businesses by increasing overheads and reducing profits leading to internal organisational pressure to reduce costs in this area.
Fuel accounting takes time and management and it is often difficult to have the control and visibility needed to be able to influence fuel efficiency and manage fuel costs.
The internal challenges are compounded by the external pressures from both central and local government for organisations to improve their environmental impact by reducing carbon emissions.
After vehicle depreciation, fuel costs are likely to be the second biggest expense in running your fleet and with a planned fuel duty hike of 3.62 ppl from August 2012 , most fleets are likely to face an increase in their fleet operating costs.
Fuel management helps to put you in control of the fuel used by your drivers, after all how many businesses can afford to let it's staff purchase such an expensive commodity without visibility or any controls in place?
* "The Energy Saving Trust recognises these challenges and believes that fuel cards can be a valuable tool in helping you to solve them."
* (CODE TR709 © Energy Saving Trust March 2011.)