Fleet News

TMC e-guide aims to help fleets gain control over fuel costs

TMC has produced a new e-guide called “How to Think like a Fuel Management Expert”, aimed at fleets wanting to take an across-the-board approach to controlling their fuel costs.

Covering reimbursement options, mileage reporting and tax issues as well as purchasing methods, the guide also takes aim at some common fleet fuel fallacies. Each section offers an ‘insider secret’ to achieving better management of fuel costs.

Paul Hollick, managing director of TMC, said: “We know that fleets work hard at keeping their fuel bills down. But many become drawn into price-focused strategies, which usually fail to address underlying issues around excessive mileage claims or poor fuel efficiency. Others get bogged down by internal validation processes and find themselves struggling to see the wood for the trees.

“In those circumstances, it really helps to be able to step back and frame the core issues and principles clearly. That’s what we’re aiming to help managers do with this series of tips.

“It also gets to grips with the practicalities. For example, we show an image of an apparently innocuous fuel receipt. But it is one that a smart fuel system would instantly pick out as suspicious.”

TMC points to fuel budget savings achieved by its customers, such as Nobia (10%) and Danwood Group (14%), after they changed key aspects of their fuel reimbursement and purchasing methods.

The full guide can now be downloaded by clicking here

Click here for fuel and fuel cards best practice and procurement insight

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