Why Petrol Cards are Perfect for a Mobile Workforce

Running a business is complex enough without having to fiddle with paper receipts for every expense a mobile workforce has, but sometimes it’s simply unavoidable. Unanticipated expenses can crop up anywhere, which leads to paper tickets invading the desk of the company accountant. Why feed into the mess for expected expenses as well when the invention of the petrol card makes it unnecessary? Originally used for haulage contractors and small delivery fleets, petrol cards have become more accessible for the mobile workforce in the past few years because they offer a variety of benefits to many businesses.

Company petrol cards offer an increased degree of security to company finances and employees’ well-being. Like any other company card, these fuel cards eliminate the need for employees to collect their receipts and submit them for reimbursement. When a fuel charge is electronically documented on the company account after purchase, it protects the company from fraud. While an employee could falsify a receipt or spend less cash than he is handed, pocketing the rest, a petrol card makes cash almost completely irrelevant to the scenario. They also provide drivers with a degree of security because it eliminates their need to carry cash for fuel.

Frugal business owners often choose to incorporate petrol cards into their company plan because of the fantastic discounts they often receive on the petrol purchased with these cards. Aside from the wholesale fuel prices usually offered by petrol companies who deal with mobile workforces, these companies are also in competition for business. Competition between fuel companies means lower prices for petrol card holders. Some fuel companies also offer rewards programmes that can undercut other costs a mobile workforce might accrue.

Accounting can be made easy for businesses using company petrol cards by the in-depth fuel use analyses offered by many fuel companies who issue these cards. Company engineers or programmers can directly utilise the information distributed through the card company’s account readouts to judge and improve the efficiency of their business’s mobile units. These readouts also let business owners compare their earnings on specific routes with the expenses accrued by the portion of the workforce serving those routes. The management tools offered by petrol companies through card accounts can also reduce the amount of administration necessary through management tools and tips.

The versatility and security offered by petrol cards make them extremely beneficial to companies with mobile workforces looking to maximise profit and minimise costs. The separate charging systems also makes filing tax invoices much simpler than they would have been otherwise; in short, company petrol cards are not only an excellent way to save money and efficiency in terms of the mobile workforce, they can also help cut costs in other areas.