Travel Expense Cards with Bento
Your Travel Expense Management Simplified
Why Our Travel Expense Cards Should Be Your Go-to Cards
Businesses that operate a fleet of vehicles entail driver, fuel, and maintenance costs. These expenses if not managed well, can easily result in stretching your budget through unnecessary spending or inefficient utilization of monetary resources. Hence, businesses are increasingly turning to fuel and gas cards to help them manage their fleet and travel-related expenses. This in turn allows for better corporate travel management of your business’s financial resources.
What is a Fleet Fuel Card & How Does It Work?
A fuel/gas card (also known as a travel expense card) is a credit or debit card given to company drivers who regularly drive vehicles for their jobs. These cards can be used to pay for gas and vehicle repairs.
Fuel/gas cards are different from corporate credit cards wherein they can only be used to make purchases that are required for the fueling and maintenance of company vehicles. Many businesses often use cards that are issued by branded gas station chains, such as Shell, Conoco, etc. However, these branded cards restrict the use of these cards at only their respective gas stations. This limits the use of the card in times of need or an emergency.
Fuel/gas cards allow drivers to buy fuel and get their company vehicles repaired without roadblocks when they are on the road. Using these travel expense cards eliminates the need to make out-of-pocket expenses for business-related fuel and vehicle repair expenses. This ultimately cuts down on the cumbersome process of receipt collection and reimbursements.
Deposit money onto the cards and define the spending categories that are allowed on each card.
Access your account and check the balances on each card any time, anywhere from the Bento mobile app.
Monitor employee/driver expenditure and instantly turn off cards if you see or suspect any problems.
The Benefits of a Fleet, Fuel, or Gas Expense Management Card
The Bento for Business expense management card is a Visa business debit card. No credit checks are performed as it is not a credit card. Regardless of the size of your business, Bento gives you the power of robust spending controls and industry-leading expense management tools, allowing you to get your expenses under control while protecting your business from losses caused by fraud.
How Bento for Business Can Help Your Business With Our Travel Expense and Spend Management Cards
Bento for Business offers Visa debit cards that can be customized to suit your business needs. Card controls and settings can be adjusted in real-time to accommodate emergencies or changing circumstances. Our fuel and gas cards are suitable for all business sizes regardless of how large or small your fleet may be.
Fuel cards can also help prevent your employees from using your cards to buy other items that you have not authorized. For example, an employee who is given a fuel card won’t be able to use it to charge dinner at a restaurant if you block that category. This can help you to tamp down problems associated with credit card fraud that might otherwise occur due to unauthorized card usage.
To learn how you can customize Bento to suit your business needs,
Your controls operate in the background while you focus on your business. A 360-degree view of your business spending data can help you run your business better. You can even sync your transactions with QuickBooks and other accounting systems.
It can be used at any gas station that accepts Visa debit cards.
You can set daily, weekly, or monthly spend limits on each card.
You can turn cards on or off with a single click (as needed).
About Bento for Business
Bento for Business is a modern way to control employee expenses for smart businesses, nonprofits, organizations, and government entities. Bento’s intuitive app enables you to control an unlimited number of Visa® Business Debit cards and set monthly spend limits and allow only certain purchase categories (e.g. Bob the project manager can only spend $500/week and the card only works to purchase gas, hotels and at the hardware store). You can also turn cards on/off in real-time and receive SMS text messages or email alerts for every purchase or decline. Bento delivers unmatched visibility into cash flow, eliminates expense reports, and saves time and money.
