There are many advantages to using Texaco fuel cards, including savings, convenience of use, security, and reduction of bureaucracy in your business. There are some cons; Texaco does not have as many stations as some other providers, and the price charged for fuel is the pump price, rather than the Platts related pump price, which can often be cheaper.
Fuel accounts – Savings
Times are tough for many businesses, and fuel prices are often represent a large segment of company costs. For any business, large or small, saving as much as possible on fuel costs is an important consideration when trying to stay afloat. Texaco fuel cards present a great opportunity to save on fuel costs, with a weekly fixed pump price in over 1,500 locations in the UK. With this fixed price, your company avoids the unnecessary expense of fuel price fluctuations and can budget for fuel costs with far greater certainty. The features of each card can be tailored to suit individual needs. Drivers with fuel cards can also benefit from all of Texaco’s in-store promotions.
Fuelcard company Benefits – Convenience and Safety
Carrying around large sums of money is an outdated way to have your drivers pay for fuel. It’s complicated and presents serious security concerns, large amounts of cash will also be a target for thieves. Each card is ‘tied’ to a driver or vehicle, so even if a fuel card is lost or stolen it cannot be used by anyone without the proper registration. Drivers paying from their own pockets and then seeking reimbursement is complicated, and presents opportunities for employee theft and fraud. Even the costs of petty theft add up and they can cause major problems for your business.
Fuel card prices – Elimination of Bureaucratic Costs
Managing fuel costs, drivers receipts and spending records is a now a needless use of labour and resources. With Texaco fuel cards you can easily keep an exact tally of how much money your business is spending on fuel. Texaco provides detailed invoices of your fuel spending, which are accessible online twenty-four hours a day. Without wasting time poring over receipts and analysing drivers’ fuel use you can significantly streamline your bureaucratic costs. This allows your business to make crucial savings in today’s challenging economic circumstances, while maintaining complete control over expenses.
The Cons of Texaco fuel cards
There are two disadvantages you should bear in mind with the Texaco fuel card. The first is that although there are nearly 5,000 Texaco stations around the UK and Ireland, that is quite a low density and your drivers might need fuel, but be too far away from a Texaco station to use their fuel cards.
Secondly, Texaco fuel cards have a standard price across stations every week, but the price is set at the standard pump price, rather than the nationwide bulk price, often known as the Platt’s price. This could cause you to accrue unnecessary costs, particularly if your fleet uses diesel.
To learn more about Texaco fuel cards and get a free quote, just use the simple form on this page.
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