April 06, 2011
Networkfleet Announces New Fuel Card Reporting Capabilities
SAN DIEGO – Networkfleet, Inc. announced new Fuel Card Reporting capabilities are now available through its wireless fleet management system. In addition to extensive fuel usage and miles per gallon reporting, Networkfleet, in partnership with Wright Express, the leading provider of fleet cards, offers Fuel Card Reporting that gives fleet managers the ability to track fuel transactions and identify unauthorized fuel purchases.
According to the US Department of Energy, retail gasoline prices are expected to average 77 cents per gallon higher in 2011 than in 2010, with even higher prices in 2012. For commercial fleets, fuel costs represent a major component of their overall operating budget. Networkfleet’s Fuel Card Reporting, combined with its system’s ability to monitor MPG, speed, idle time, emissions, diagnostic trouble codes, and more, gives fleet managers a new way to further control and reduce rising operating costs.
“Fuel is a major line item for fleets. To combat the recent and predicted increases in fuel costs, we continue to offer new ways for our customers to control expenses,” said Keith Schneider, president and CEO of Networkfleet. “We are happy to partner with Wright Express as their fuel cards are the most widely used and accepted at fuel locations throughout the US and Canada.”
The new Fuel Card Reporting consists of two reports: the Fuel Guard Report and the Fuel Card Transactions Report. The Fuel Guard Report lets users compare the location/time the fuel was purchased with the vehicle location/time to determine if the proper vehicle was being fueled or if there was a potential fraud event. The Fuel Card Transactions Report allows the user to see all fuel transactions during a specific period of time as well as details regarding those transactions, including location, gallons, and total cost.
Networkfleet’s online fleet management system also offers a full range of reports and alerts to help fleets reduce fuel costs. These include the ability to monitor the fuel economy of specific fleet vehicles, idle time reports, speed violation alerts, geofences to identify unauthorized vehicle use, routing optimization, and maintenance alerts.