Construction businesses typically have a large number of vehicles and staff. Keeping an eye on every penny spent and managing operational costs can be all consuming. When it comes to tracking costs and fuel usage, having multiple vehicles filling up several times a day can be an administrator’s nightmare. So, how can this be made more efficient and simplified?
Fuel cards can be particularly beneficial for the construction industry. They make management of costs more streamlined and enable better tracking of fuel usage and patterns of fuel usage thus identifying areas where consumption can be reduced, for example.
Bills for fuel consumption can be received monthly and in one invoice, doing away with the need for hundreds of receipts and painstaking data gathering. Limits can be set so staff cannot overspend which has a positive impact on cash flow and avoids the problem of staff being out of pocket too. For information on BP Fuel Cards, see Where to locate BP Fuel Cards at Fuel Card Services.
There are multiple benefits for employees too as fuel cards help to do away with the onerous task of logging expenses. With a network of fuel stations spanning the UK, finding somewhere to refuel at a reasonable price also saves a lot of time and hassle for employees.
Fuel cards can also be used to cover other expenses that employees might not be expecting, such as toll roads and bridges. This means less disruption and time lost, whilst also helping the employee to not end up out of pocket. When a fuel card is set up to cover these costs, there is minimum hassle and less time lost for the business.