Managing the Financial Side of Commercial Fleets

Fleet FAQ? Fuel Management

Q. Is there a big appetite for the combination of fuel and telematics data today?

January 16, 2018, by - Also by this author

A. Absolutely. That’s becoming a huge need in the marketplace. We used the example earlier of a driver that was diverting fuel. If you have telematics paired with a fuel card, you can say: Here’s a fueling transaction that occurred at that location. At the exact same time, this was the vehicle’s location. If the two of them don’t match, you might want to look into it.

This seems like a very basic report. But now we’re starting to see that that information is used in many other different ways. They’re starting to look at fuel consumption for those who are harsh braking. At locations: Why have you gone off your route? You should have bought your fuel here and stayed on your route. There are lots of ways to integrate that data.

Customers are asking for a lot of data and, at some point in time, somebody is going to need to be that repository of much more data than just fuel and telematics.

Author Bio

Bernie Kavanagh

sponsored by

Senior Vice President and General Manager

A 27-year fleet professional, Bernie Kavanagh currently serves as Senior Vice President and General Manager of Large Fleet at WEX Inc. He joined the company in 1996 and his career has been a steady progression of increased sales and marketing responsibility. Kavanagh serves on industry related boards and is a frequent speaker at payment industry conferences focusing on fuel trends and technology in the payment space. He earned a bachelor’s degree from the College of New Jersey and is an active member of NAFA, AFLA, NCSFA and AALA. Prior to joining WEX, Kavanagh held a number of roles with Enterprise Rent-A-Car and Enterprise Fleet Management.

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