What is Fuel Management Software?
Fuel Management Software is designed to lower an organization’s costs of fueling their vehicle fleet.
To understand fueling costs, they must first be accurately estimated, which the software aids in as well.
Fuel management tools help organizations measure their fuel costs in various ways, such as dashboards that monitor fuel use and through direct analyses.
Fuel management systems can be entirely based on software or, in more advanced systems, they may include the use of specific hardware to automate more of the reporting and tracking features needed to measure fuel use and management.
Certain applications may integrate directly with fuel card expenditures. That purchase data is then directly collected.
Data may also include:
- Total fuel purchased
- Purchase time and location
- Cost per gallon or liter
- Miles per gallon and other efficiency metrics