NexTraq, FleetCor Launch Fleet Fuel Card
August 2012, TruckingInfo.com - Feature
NexTraq has partnered with FleetCor Technologies to offer clients the NexTraq Universal Premium Fleet Card MasterCard.
The fuel card data integrates with NexTraq's Fuel Purchase Reports and its IFTA Report for better visibility on fleet fuel speed.
"By combining the power of GPS tracking with fuel card information and controls, our joint clients will have significantly improved tools to reduce fuel waste and expense," says Jeffrey D. Lamb, executive vice president, FleetCor. "Businesses that implement our joint solution, which combines vehicle location and driver behavior tracking and fuel card controls and reporting, will now be able to quantify real savings in fuel and maintenance expenses across their fleet."
With the NexTraq Universal Premium Fleet Card MasterCard, businesses can help prevent loss through fuel slippage and identify potential employee misuse. The card can be limited by number of transactions on a daily, weekly or monthly basis, allowing managers to receive an email alert when a threshold is reached.
The card can be set with different purchase levels based on spending habits or vehicle tank size, enabling better reconciliation of fuel expenses. For business owners worried about after-hours activity, card usage can be limited by time-of-day restrictions to identify questionable transaction attempts.
The NexTraq Fleet Tracking solution will send out real-time alerts to a customer's inbox to immediately notify management if a procedure is breached.