Keeping costs under control is a routine concern for senior management in any business. But, in spite of the ongoing rise in prices at the pumps, many companies that routinely pay for the fuel of one or more vehicles are overlooking an opportunity to save substantial costs. That’s the clear warning from abbey, one of the UK’s leading commercial fuelcard operators.
abbey say that businesses that still operate a ‘pay-and-reclaim’ system for fuel purchase, retail fuel cards or use company credit cards , incur unnecessary administrative costs logging and reconciling receipts with payments, and monitoring and analysing usage. What’s more, they are consistently paying more than they need for each litre of petrol or diesel. Whilst a recent highly publicised fraud has also highlighted that fuelcards are most secure method of purchasing fuel.
Paying by fuelcard provides an easy to use, cash-free method of purchase that can offer cheaper fuel at the pump. Every week, abbey gives its card-members advance notification of the price per litre that will apply nationwide for 7 consecutive days at sites accepting the card concerned. This is typically 2 to 3 pence per litre below the national average pump price, and adds up to a substantial annual saving off a company's fuel budget.
abbey offers several cards, each with a large site network to suit differing operational needs. They include the abbey fastfuel card, which is accepted at 1400 texaco sites nationwide, and is the only card to offer discounts off both petrol and diesel. For diesel-only fleets, there is the abbey euroshell card with outlets on most motorways and trunk roads, including 1/3 of UK motorway service areas, and abbey diesel direct which is accepted in over 1000 service stations on urban and major routes across the UK.
Unlike many competing fuelcards, abbey offer dedicated account management, and free customised weekly or monthly analysis and reporting. This reduces company in-house administration, and also increases security against fraud.