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Fuel Insights is a cloud-based fuel management solution, designed to help businesses of all sizes manage and track inventories, deliveries and alarms across multiple locations.
The application enables users to organize deliverie...Read more
WorkWave Route Manager is a cloud-based route planning solution that allows delivery and service providers to build routes, track drivers and stay connected. Route Manager enables users to plan around time-windows and customer req...Read more
Fleetio's suite of cloud- and mobile-based fleet management solutions helps fleets across multiple industries automate fleet operations and manage asset lifecycles. Fleets can manage maintenance, fuel, vehicle inspections, parts, ...Read more
Over 55,000 fleets of all types, from field services to trucking, use KeepTruckin fleet management for GPS tracking, cost control, safety, and compliance. With KeepTruckin, you can: Track drivers, vehicles, and assets and equipme...Read more
Samsara is a cloud-based fleet management solution that offers features such as GPS tracking, trailer tracking, dashboard camera, routing and dispatch, reefer monitoring and more. It is designed to help small and midsize fleet bus...Read more
AUTOsist is a cloud-based fleet maintenance management solution for businesses of all sizes and types. Key features include maintenance tracking and reminders, inspection checklists, work orders, fuel tracking, parts inventory tra...Read more
IntelliShift is the enterprise alternative to todays one-size-fits-all telematics and fleet management solutions for fleets of 75+ vehicles or assets.
IntelliShift connects people, processes, vehicles, equipment and data in an a...Read more
With its fully integrated fleet management platform, Roadnet Technologies has almost 30 years of industry experience. Roadnet Transportation Suite help companies lower costs, increase safety and improve customer service....Read more
eTrucks IFTA is a cloud-based fleet management solution that provides a fuel reporting solution for small and midsize fleets. Key features include a fuel tax calculator and International Fuel Tax Agreement (IFTA) reports.
Manage Petro is a cloud-based fleet management solution catering to various businesses in agriculture, fuel and oil and product delivery. The solution offers native mobile applications for Android and iOS devices. Key features all...Read more
FleetLocate by Spireon, is a GPS-based fleet tracking software that provides actionable business intelligence with real-time monitoring of assets and workforces to enable timely, informed decisions that allow you to optimize resou...Read more
Satrack is a fleet management solution for businesses of all sizes. It enables users a full 360-degree view of the fleet’s daily operations with real-time data on fleet metrics such as vehicle health, driver behavior, and fuel con...Read more
Simply Fleet is a cloud-based fleet maintenance software, which helps small and medium businesses efficiently manage their fleet. It optimizes and automates management of fill-ups, services, preventive maintenance, inspections, et...Read more
Cargas Energy’s software and mobile apps have the tools heating oil, propane, and HVAC companies need to run their businesses, including customer account management, fuel delivery, HVAC service, cylinder exchange, and more. Cargas...Read more
iRely’s commitment to customer success has made the
company a global leader in digital transformation, providing
best-in-class software for commodity management, petroleum
distribution, retail, grain operations, and agribusinesses...Read more
Pulpo is a cloud-based solution that enables businesses to manage fleets, handle logistics, track transportation, monitor maintenance operations, and more on a centralized platform. It allows employees to conduct inspections, conf...Read more
FleetOS is a SaaS software, which brings a complete solution for fleet services. For those who own fleet vehicles, the most concerning things are safety, security, and reliability for daily fleet operations. It reduces the excessi...Read more
VestigeView is your defense against the hazards your drivers face every day with our customizable camera system and comprehensive GPS software. With Vestige, users can access Live audio and video feed or view historical events any...Read more
Verizon Connect Reveal is a cloud-based electronic logging device (ELD) and fleet management platform that provides GPS fleet tracking to help businesses gain a 360 overview of all fleet management operations. High-resolution maps...Read more
While costs vary, fleets spend roughly one-third of their operating expenses on fuel. And, while the remaining two-thirds of their operating costs tend to remain relatively stable over the short term, the price of fuel changes daily. Many fleet managers choose to employ fuel management systems to minimize the impact of these two factors on their fleet’s bottom line.
Fuel management applications are included in many fleet management software packages. They are often used in conjunction with route planning and optimization programs, since fuel consumption plays an important role in determining optimum routes and schedules.
Whether you manage a fleet of a thousand vehicles or just need to track fuel consumption for a small team of short-haul vehicles, fuel management software provides the tools you need.
In this Buyer’s Guide we’ll examine fuel management systems in detail and answer the following questions:
Note: The term “fuel management system” is used differently in different industries. Here, we discuss fuel management systems in the context of fleet management. This is different from, for example, the fuel management systems used by fuel distributors and resellers.
The primary function of fuel management software is to lower a company’s vehicle fueling expenditures. Of course, before any cost can be lowered, it must first be accurately calculated. Fuel management software assists with this as well. It helps companies measure and monitor their fuel costs in a variety of ways, through fuel-use analyses and dashboards that visualize fuel-use trends.
Fuel management systems can be entirely software-based or, with more advanced systems, include specialized hardware that automates some of the tracking and reporting features that support effective fuel management.
There are, for example, apps that integrate with fuel card accounts so that fuel purchase data can be automatically collected. This data can include:
Cost per gallon
Time of purchase
Other systems can integrate GPS data to automatically calculate miles per gallon and other efficiency metrics.
Companies looking for solutions that track fuel deliveries across locations or business might be interested in viewing fuel delivery software.
What Functions Do Fuel Management Systems Include?
Fuel management systems include the basic applications required for fuel-use management. They may also include a variety of other applications to support automation and monitoring of fuel management processes. In addition, they may provide tools to integrate fuel management into fleet management platforms.
Assists in making accurate projections about fuel usage. These can help increase operational efficiency by, for example, estimating usage on a variety of possible new routing scenarios.
Helps companies and fleet managers track performance of individual drivers or specific vehicles, allowing them to take corrective measures.
Typically found in comprehensive fleet management systems. But because route planning and fuel usage are closely related, some fuel management systems directly incorporate route planning apps.
Fuel card monitoring
Assists with tracking, monitoring and updating fuel purchase information from drivers’ fuel cards and fuel accounts.
Alerts and monitoring
Customizable alerts which can be programmed to, for example, issue an alert whenever fuel costs rise above a set amount.
What Type of Fuel Management Software Buyer Are You?
In our experience, there are several ways to approach this question, depending on your company’s most immediate priority:
Concerned only with fuel management. If you have a small fleet and your goal is to maximize fuel efficiency, stand-alone fuel management software would be a good place to begin your search. Companies that already have fleet management software but need to add functionality for fuel management can also begin by looking at these stand-alone, best-of-breed fuel management platforms.
Concerned with both fleet and fuel management. If your company is shopping for both fuel management and fleet management systems, then begin your search by looking at the latter. Ideally, you’d save on integration and (possibly) licensing fees by finding one platform, or one vendor, that can address both needs.
Need integration into other business units. Many companies are in the process of “de-siloing” their internal IT infrastructure and looking for platforms that can be used interdepartmentally. If your company is in this boat, then start your search by looking at platforms by the major ERP, SCM or fleet management vendors, or with whichever platform vendor most closely aligns with your company-wide goals.
What Fuel Management Trends I Should Watch Out For?
Here are some recent news reports that cover fuel management trends to keep your eye on. They demonstrate how new technologies and approaches will help companies optimize their fuel efficiency in the years ahead:
Truck platooning can provide additional fuel savings. A new report by NACFE has revealed that truck platooning can lead to a four percent savings on fuel costs. According to the organization, "Platooning combines existing commercial vehicle safety technology with emerging vehicle-to-vehicle communications and autonomous vehicle control technology to electronically 'tether' tractor-trailers together in a convoy formation at highway speeds."
ATA study predicts continued strong growth in trucking. The American Trucking Association revealed its predictions for the future of freight transportation in its "U.S. Freight Transportation Forecast to 2027" report. The report suggests “truckload volumes will grow 2 percent annually between 2016 and 2022 and 1.6 percent per year after that until 2027.” Additionally, volumes shipped by private carriers are expected to grow 2.3 percent per year through 2022.
Trucking firms are choosing fuel efficiency over alternative fuels. The American Transportation Research Institute completed a survey of fuel management strategies used across the nation. It found that truckers and trucking companies prefer increasing the efficiency of their fuel usage over the adoption of more eco-friendly alternative fuels. Lack of availability was cited as a main reason for not preferring alternative fuels.