Many of DRIVEcard's customers are sole traders. It comes as a suprise to a lot of soletraders that they can use a fuel card, it's an even bigger suprise when they find out how much money they can save!
A sole trader may choose to use a fuel card for several reasons:
Cost Control: Fuel cards can provide detailed reporting and analytics, allowing sole traders to track fuel expenses more efficiently. This helps in managing costs, monitoring fuel consumption, and identifying potential savings or areas for improvement.
Convenience: Fuel cards offer a convenient payment method for purchasing fuel. Instead of using cash or personal credit cards, a fuel card provides a dedicated payment solution specifically designed for fuel purchases. It eliminates the need for reimbursement processes and provides a streamlined way to manage fuel expenses.
Discounts and Rewards: Some fuel card providers offer discounts, loyalty programs, or rewards that can benefit sole traders. These incentives can include fuel discounts, cashback, or access to special offers from fuel suppliers or affiliated partners, providing potential cost savings over time.
Efficiency and Time Savings: Fuel cards often come with additional features such as online account management, expense tracking, and automated reporting. These tools can help sole traders streamline administrative tasks, reduce paperwork, and save time on fuel-related record-keeping and reporting.
Enhanced Security: Fuel cards can offer increased security compared to cash or personal credit cards. They can be PIN-protected, and transactions can be monitored and controlled more effectively, reducing the risk of fraudulent activities or unauthorized usage.
It's important for sole traders to assess their specific needs and compare the benefits, costs, and features of different fuel card options available in their region to determine if using a fuel card aligns with their business requirements.
Our fully trained DRIVEcard staff are waiting to help you find the most apropriate card for your needs.