Sending your employees out to install and inspect fire sprinklers is the bread and butter of your business, so paying for gas for the vehicles is likely to be an almost daily expense for you. In fact, with the regular fire sprinkler testing, maintenance, servicing, installations and violation removals on top, that’s a lot of driving!
However many employees you have, they will be doing a lot of driving that adds up over the year. So how do you deal with gas expenses for your fire sprinkler company employees? The smart solution is to look at fuel cards for small business, such as the Bento business prepaid MasterCard.
Although the Bento card can be configured for a variety of uses, one of the most popular configurations is the prepaid fuel card.
How does it work?
One of the Bento Prepaid MasterCard’s outstanding features is that it is highly controllable. You can set controls and restrictions on where and when the card is being used, and what it is being used for. If you only want your employees to spend company money on fuel for those bread and butter visits to clients, you can simply set category controls to only allow purchases at fuel pumps.
Bento can tell the difference.
Most gas stations have convenience stores on the premises. However, you only want your employees to spend company money on fuel. No problem! With Bento categories, you can differentiate between gas station convenience stores and fuel pumps. Allow the Fuel Pump category and disallow the Gas Station company and you’re all set!
How does Bento compare to other solutions?
Right now you may be using cash, credit cards, debit cards, or some combination of all three to cover the expense of fuel. Although there are benefits to each, the cons far outweigh them.
Cash is easy to distribute, but impossible to track or control. If you give your employees cash to pay for fuel, they may end up buying other items that dent your bottom line over time.
Debit cards are difficult to distribute if you have multiple employees. Plus, you must be able to completely trust your employees before giving out your PIN number. Just like cash, there’s no way to control purchases.
Credit cards leave you personally liable for any employee overspending, and once again, there’s no way to put controls on credit cards. To cancel an employee credit card requires a lengthy call to the credit card company. With Bento you simply turn the card “off” on your smartphone, tablet or desktop.
Bento removes all these worries with a solution that places firm controls on all company spending and still allows you to provide funds for employees to keep up the core functions of your work.
Related – Small Business Gas Cards
- How to choose the best fuel card for small business
- The benefits of fuel cards for small businesses
- How do gas cards for small business help manage expenses?
For more information on gas cards and fuel cards visit our Gas Hub.