![]() ![]() This adds to an on the clock cost of $0.52 per fill / $0.05 per gallon. This means their cards fail at 1/20 stations – these surprise failures strand drivers at the pump, costing them, on average, 25 minutes to deal with the failure and route to another station. How do we calculate card failures ? Wex and Fleetcor operate a closed network accepted at just 95% of stations. Enjoy up to 25¢ off on every gallon of fuel you purchase with AtoB. How do we calculate the AtoB discounts network savings ? AtoB partners with 30,000+ gas stations and truck stops nationwide to offer you competitive discounts. From reporting to per transaction fees, these costs add up to around 6¢ per gallon. How do we calculate hidden fees? The Actual Program Fees for cards like Wex add up over time. This results in 10% or 30¢ per gallon in added costs. Using new technology to more efficiently manage critical fleet documents can help you to refocus your efforts on finding new customers and building revenue for your fleet.How do we calculate card misuse? According to the Shell Fraud Matters Report, 86% of Fleet Managers think SOME of their drivers are committing fraudulent activity. The need for quicker deliveries and improved performance will only increase in the coming years. Unlike with the traditional fax machine, messages won’t run the risk of getting lost in transmission. Once they collect the full balance of the invoice from your customer, they return the reserve balance, less a small fee. WEX Fleet One Factoring advances as much as 95 of the invoice amount and holds the balance in reserve. Plus, drivers can communicate with you more easily about the status of these documents so that you can improve workflow and invoice processing. WEX Fleet One Factoring Funding Sell your invoices to WEX Fleet One Factoring and receive same-day fuel card funding. Submit paperwork and supporting documents.FleetDocs allows them to use their smartphone to capture images of paperwork and transmit them via email or our online portal. With FleetDocs, available through web access or our mobile app, drivers gain access to advanced document management software that can help them leave the fax machine behind. With the WEX Fleet One Factoring service, fleets can immediately get paid for 90 percent of the invoice amount to help maintain the cash flow to buyfuel and pay drivers, two key elements in a carrier’s success. How can WEX Fleet One Factoring help?Īlong with our extensive experience in trucking finance and commitment to excellent customer service, WEX Fleet One Factoring continues to leverage the newest technology for the benefit of our fleets. Factoring is an excellent way to manage cash flow and pay for operating expenses without creating debt. What if there was a way to send and receive faxes and reduce the amount of paperwork? Using a digital format can help drivers archive documents and store them all in one secure location. ![]() Are There Other Benefits to Mobile Document Management Solutions?īefore, drivers had to maintain an entire inventory of documents and forms. With the use of mobile technology, drivers have more time to focus on being productive where it matters most. They may have to wait for a fax machine to be available at a truck stop, and then wait even longer for confirmation that the document has been sent. How Much Time Can Your Truck Drivers Save?ĭrivers rely on faxing to exchange the necessary paperwork, often a time-consuming process. Greater accuracy can ensure that drivers get paid on time and customers stay happy. These services can also let you crop and reposition documents before scanning them. They simply have to upload the document and then enter the recipient’s phone number. Mobile scanning apps allow drivers to transmit documents without needing a fax machine of your own or even a telephone line. What Will It Take to Lose the Fax Machine? ![]() There are several advantages to going electronic: Cost and time savings, better communication and improved compliance. ![]() If you’re tired of being slowed down by busy signals, technical glitches and any other complications, online document management solutions (like mobile scanning apps) can help ensure driver satisfaction and on-time delivery. The good news: You can keep drivers moving while giving them the tools to avoid the difficulties associated with transmitting paperwork and supporting documents. Having a reliable, secure and more expedient way to send in paperwork while out on the road can be a big headache for both driver and your fleet’s accounting team. But their ability to complete an on-time delivery can sometimes be compromised by what many see as an outdated technology: The fax machine. With all the tools now available to drivers – GPS navigation, telematics, electronic logging devices – technology is having a major impact on many different aspects of their daily work. For that to happen, they need a little help. Your fleet’s drivers are looking for a way to get from point A to point B as efficiently as possible. Ashley Wilks How new online document management solutions can help your drivers and fleet succeed ![]()
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