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Online savings calculator shows benefits of fuel cards for SMEs

FuelGenie has launched an online savings calculator to help SMEs identify the benefits of switching to a fuel card.

Fuel pump

According to fuelGenie, over 30% of SMEs are still operating a traditional pay and reclaim expenses structure.

According to the supermarket fuel card provider, over 30% of SMEs are still operating a traditional pay and reclaim expenses structure, with a further 36% of employees paying for fuel at the pump with a credit card.

The firm adds that businesses could save thousands by switching to a fuel card, not only on the initial fuel expense savings compared to the national average but also due to the time lost submitting and processing them.

Using the online savings calculator, businesses running more than one vehicle just need to enter a few details to find out what they could save over the course of a year.

Robert Pieczka, managing director of fuelGenie, said: “There are many reasons why using fuel cards can lead to savings for a business, but one of the biggest reasons is the time saving they can offer on the additional administration required by mileage expenses.”

To use the calculator, visit https://www.fuelgenie.co.uk/comparison/

For more of the latest industry news, click here.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.