3 Ways to Cut Fleet Costs
Running a business is never an easy task and the cost of running a fleet can eat up a big chunk of business budgets. A study from the RAC found that 25% of those surveyed said the cost of driving made up a large proportion of their monthly budgets.
So, if you’re looking for ways to streamline budgets in 2022, here are 3 ways to help cut your Fleet costs.
Telematics
One way to cut fleet costs is by keeping up to date with vehicle maintenance. Regularly checking your vehicle for maintenance errors will help prevent a major issue and greater costs further down the line. Our telematics solutions take care of the engine checks for you.
Our devices link to your vehicle’s system, so whenever a warning light flashes, the fleet manager will also receive a warning message. This helps you stay one step ahead of your fleet’s vehicle health.
How your staff drives their vehicles can also make a difference to the efficiency of your fleet. Driving behaviours such as harsh acceleration, sharp breaking or extensive idling can quickly cause wear and tear to a vehicle.
This can shorten the time between when your vehicle needs repairing, as well as costing your fleet more money in the long run. It can also eat into your fuel usage. A study from the transport research foundation (TRF) found idling can cost up to 3p per minute. Just 15 minutes of idling can cost fleet operators around £174 per driver each year.
You can help encourage better driving with your cutting-edge telematic ranking system. The system ranks your driver’s behaviour, scoring them on idling rates, speed, and acceleration rates. This allows you to incentivise good driving and reward those who are going above and beyond to drive safely.
Fuel Cards
As many businesses that are dependent on their fleet will know, the cost of fuel can be a big drain on your budget. A study in 2021 found that 61% of drivers who use their vehicle for work worry about a rise in fuel prices.
Another study conducted in 2019 found that fuel costs make up 60% of a fleet’s average budget. Rising fuel prices have urged many drivers to look into ways of conserving fuel. Another way to cut fleet costs is with a fuel card.
We offer a range of 8 different cards, each tailored towards different business needs. This offers a collective network of over 8,000 refuelling sites nationwide. By partnering with industry-leading suppliers, we are able to offer drivers a premium product at the best possible price.
Higher grade fuel also contains additives to improve the efficiency of your energy and squeeze a few extra miles out of each drop. As a Cambrian customer, you have access to your free online account portal, where you can access all your invoices and data at the click of a button. This data can help you optimise your fleet’s spending and improve overall fuel efficiency.
Fuel Station Locator App
The third way to cut fleet costs is by planning your route beforehand, to help you to save time and fuel. We’ve developed a mobile app with the aim of giving drivers accurate information on the go.
Our app was designed to be as user-friendly as possible. You can get to the information you or your drivers need in just a few taps. Depending on which card network you are using, you can filter the results to find the nearest station to your location. It also has useful information about the cards and what you can purchase with them.
Why Cambrian?
At Cambrian Fuel Card Services, we know how important it is to keep your business on the road. With over 45 years of industry experience, the key to our longevity lies in giving our customers the level of service that we would expect from a premium service.
Our award-winning customer service team is always on hand to help with any inquiries. We are so confident in our service that we are currently offering all new applicants a 30-day free trial, with no obligation to continue.
Useful links:
To find out more about our fuel cards click here – https://www.cambriancards.com/fuel-cards
To learn more about our telematics devices click here – https://www.cambriancards.com/telematics