Managing a fleet is not an easy task. Fluctuating fuel costs and the natural wear and tear of vehicles can cause complex challenges requiring an experienced hand at the wheel. This is why many organizations choose fuel management software to improve and streamline their operations.
With this intelligent tool, companies are able to monitor better fuel consumption while also improving many of the back-office aspects of their overall operation. This could be everything from fleet management to billing to simple organization.
The overall goal is to create operational efficiencies. As fuel is such a pivotal resource to so many industries, finding a way to better manage it throughout daily activities is critical to future growth and maintaining a competitive advantage.
There are many different versions of fuel management software available on the market. Some of the more important features you should be looking for include:
Tank automation:
This is a feature designed to monitor the various tanks you have working throughout your organization. It ensures that no tank is ever dry through automated scheduling and suggestions that result in timely fuel-ups. This lowers downtime and ensures your company is always on target for productivity.
Customer portal:
Your end users require a simplified way to manage their accounts and reach out to your team. Having a unified portal allows you to take advantage of data-driven insights, planning, and better analysis of that individual account.
Invoicing and back office support:
Fuel management software that streamlines anything related to your accounts, payables, receivables, or common invoicing practices is a feather in the cap and worth looking at. This enables quick and effective back-office solutions that reduce the amount of time your human resources have to spend trying to handle all of those activities.
Fleet fueling:
Of course, the most important feature is being able to actively report and monitor all of the fueling practices of your fleet, generators, and machinery. Having something operating in the background to actively monitor systems 24/7, 365 days a year, is crucial to finding operational efficiencies and cost savings.
As you can see, these different features allow you to find cost efficiencies. Fuel is always fluctuating in price. Socio-economic impacts of market demands will continue to shift the price of fuel from one minute to the next. Having automated software that uses modern technology to identify cost-saving areas is crucial to your overall operations.
Speaking of those operations, you want to automate as many repetitive mundane tasks as possible. If your fuel management software saves you time and reduces human error, that leads to smoother operations. Alongside all of this automation is real-time data capture. This allows you to build reports so your stakeholders and leadership can make better decisions about strategic goals for the future.
Finally, you should get high security for your fuel management software that is easy to use. If you cannot find a system that integrates smoothly into your company, you should probably look for a different solution.
FUELLOC’s fuel management software manages over 500,000 customer assets. This system includes fueling events and IFT tax data. It is a foundational tool used within the industry that is fully scalable and works across most legacy systems.
Finding the best fuel software is a lot easier when you compare it to the features and integrative solutions provided by FUELLOC. As more and more complexity is introduced to management, having a streamlined system in place is a strategic investment toward future growth and sustainability. If you are interested in adapting fuel for your systems, reach out today to learn more.