In the fast-paced world of franchising, maintaining profitability hinges on effective cost management. For franchise owners overseeing multiple locations or delivery fleets, fuel expenses can quickly escalate. Enter the CITGO Fleet Card—a strategic tool designed to streamline fueling operations, enhance financial oversight, and deliver substantial savings. Here's why savvy franchise owners are turning to the CITGO Fleet Card to bolster their bottom line.
1. Substantial Fuel Savings with Volume-Based Rebates
Fuel costs represent a significant expenditure for franchises, especially those with delivery vehicles or service fleets. The CITGO Fleet Card offers a compelling rebate structure:
• Up to 7¢ per gallon at all CITGO locations, based on monthly fuel volume.
• 10¢ per gallon promotional rebate for the first six months upon account activation.
This rebate system means that the more your franchise fuels, the greater your savings. For instance, fueling 10,000 gallons per month could yield annual savings of up to $8,400. Such rebates directly impact profitability, making the CITGO Fleet Card an invaluable asset for franchises with high fuel consumption.
2. Enhanced Control and Security Over Fuel Spending
Franchise owners often face challenges in monitoring and controlling fuel expenses across multiple locations. The CITGO Fleet Card provides robust security and control features:
• Driver PINs and odometer readings at the pump to track who is fueling and when.
• Ability to set purchase limits by amount, location, time of day, and product type.
• Tools to prevent unauthorized purchases, ensuring compliance with company fueling policies.
These features empower franchise owners to enforce spending policies effectively, reducing the risk of fuel fraud and unauthorized usage.
3. Streamlined Accounting and Reporting
Manual tracking of fuel expenses can be time-consuming and prone to errors. The CITGO Fleet Card simplifies this process with:
• Automatic fuel accounting that captures detailed transaction data.
• One-click reporting for purchase activity, financial summaries, and tax exemptions.
• Online and mobile access to monitor spending in real-time and generate custom reports.
These tools eliminate the need for collecting paper receipts and manual data entry, saving time and reducing administrative overhead.
4. Flexibility to Fuel Anywhere
While CITGO stations are widespread, franchise operations may require fueling at various locations. The CITGO Fleet Universal Card addresses this need by:
• Being accepted at 95% of U.S. gas stations, providing fueling flexibility.
• Offering rebates at all CITGO locations, ensuring savings regardless of where vehicles are fueled.
This flexibility ensures that franchise vehicles are never out of reach of fueling options, even when traveling outside the CITGO network.
5. Exclusive Discounts on Business Essentials
Beyond fuel savings, the CITGO Fleet Card offers access to exclusive discounts on:
• Auto parts and tires, essential for vehicle maintenance.
• Hotels and lodging, beneficial for franchises with traveling staff.
• Other business services, helping to reduce operational costs.
These discounts contribute to overall cost savings, further enhancing the profitability of franchise operations.
6. 24/7 Customer Support and Account Management
Managing a franchise requires constant attention, and issues can arise at any time. The CITGO Fleet Card provides:
• 24/7 customer service, ready to assist with any inquiries or issues.
• Mobile app access to manage accounts, make payments, and monitor transactions on the go.
This round-the-clock support ensures that franchise owners have the resources they need to keep operations running smoothly, no matter the time or location.
7. Tailored Solutions for Every Franchise Size
Whether operating a single location or a large multi-unit franchise, the CITGO Fleet Card offers solutions to fit various needs:
• CITGO Fleet Card: Ideal for smaller franchises or those just starting out.
• CITGO Fleet Select Card: Suited for franchises with consistent fueling needs at CITGO locations.
• CITGO Fleet Universal Card: Best for franchises requiring broader fueling flexibility across the U.S.
Each card type is designed to maximize savings and efficiency based on the specific fueling patterns of the franchise.