LOWER FUEL CONSUMPTION
Firstly, a Fuel Management System (FMS) makes sure that only authorized users and active vehicle get to fuel. This goes a long way toward eliminating fraud. (Fuel theft)
Secondly, with proper configuration, the maximum amount of fuel taken in a given transaction can be reduced to a volume that makes sense, such as the tank capacity of different vehicle classes.(fuel gauge)
Finally, a good FMS enables fleet managers to easily generate accurate fuel reconciliation reports and period closures using delivery records, fuel tank levels, totalizer readings, and distribution data.(please take a portion of the software video from “automated reports”)
This makes for some tight fuel inventory management, thus it easy to spot potential sources of loss and rectifying the situation.
LESS LABOR
Let’s assume everyone in your organization is squeaky clean and above any kind of petty fraud. Without an automated system, they still have to manually keep a record of all fueling transactions. This involves users taking the time to write down details such as vehicle numbers, fuel amount, date, time, etc. Then, someone has to periodically take this log and manually enter the data into an accounting/ERP system. Assuming your staff always has this kind of discipline while maintaining the above reproach strength of character mentioned earlier, we are still looking at a lot of labor involved in recording and managing fuel related data. ((woman writing down notes)
Something else to consider: if everything is recorded manually by, one would assume, humans , then there is the very real possibility of data entry errors. Chasing down and correcting these errors represents even more labor that you don’t necessarily have to spare. A fuel management system automatically manages your pumps and records all transactional data. It also automatically generates the reports you need and sends them to the people who need them.
AN OPTIMIZED OPERATION
Any FMS worth its salt easily exchanges data with third party systems, such as maintenance management software and accounting systems. Furthermore, it supports all data exchange protocols, from web services to manual import/export, as not all systems are created equal. This not only helps avoid time wasted on double data entry, but also creates real synergy as data reaches pertinent systems in a timely manner. (digital handshake)
For instance, in a scenario where the fueling sequence includes entry/automatic capture of vehicle data (mileage, engine data, fault codes, etc.), crucial vehicle recalls are triggered at the right time and costly breakdowns and interruptions are minimized.
GETTING SOME MONEY BACK
Some fleet vehicles and equipment consume fuel both on and off road. Chances are, there is some kind of road tax paid on the fuel. An automated fuel management system can easily and accurately calculate how much fuel was spent off-road in a given period and allow you to take back as much of your hard-earned money as possible. (gas tax refund)
We’re all law abiding, responsible citizens willing to pay our share for the common good, BUT… let’s also make sure we don’t give any more than we have to!
LAWS AND REGULATIONS
Depending on the industry in which you operate, there can be a number of laws and regulations that dictate how tightly your fuel has to be tracked and managed. Regardless of industry, however, if you have an underground tank, the government can come knocking on your door at any time. (inspecting paper)
If that happens, you have to be able to produce reconciliation reports for any time period they specify. So whichever FMS you decide to install, make sure that it is capable, at the very least, to generate those reports easily and reliably and, even better, do so automatically using a tank gauging system. (software footage from “automated reports”)
Also, detecting fuel leaks in the ground is immensely valuable, as soil decontamination is an extremely costly process. In this particular aspect, having those kinds of sensors and alarms is akin to insurance. It’s WAY better to have it and never have to use it… than not having it when you need it!
From fuel to maintenance, real-time asset tracking to access control, have it all in one place, ready to be viewed, disseminated, and managed.
A look at SM2 Maintain, an integrated maintenance software that allows you to manage work orders, maintenance plans, parts & labor, vehicle recalls, and much more.