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Leveraging Technology to Cut Costs in Your Business

Since 1990, UK-based, internationally-acclaimed company, Radius has been delivering fleet and connectivity solutions to businesses all over the world, the…

Leveraging Technology to Cut Costs in Your Business

16th August 2024

Since 1990, UK-based, internationally-acclaimed company, Radius has been delivering fleet and connectivity solutions to businesses all over the world, the mission being to help their teams stay connected with each other as well as their customers, enhance their overall efficiency, and grow sustainably. Offering a variety of trailblazing solutions and services that cover telematics, telecoms and IT, insurance, vehicle solutions, EV charging, business energy, and expense management, we focus in on its fuel cards – provided by its fuel division, Radius | UK Fuels – which herald a list of benefits for any public sector business, council, or government body that is managing large fleets or using high volumes of fuel.

Fleet management isn’t easy – whether it’s keeping track of expenses, fuel usage, or vehicles and drivers, it can all be highly costly and time-consuming for a business. Payments from drivers to fuel stations can come through to businesses in their hundreds, making them a challenge to keep on top of. And filing the expenses can be a very manual task, taking hours to complete each week. But it doesn’t have to be this way; businesses no longer have to spend so much time on these tasks that are negatively impacting their productivity. Enter Radius | UK Fuels with its cutting-edge solution, the fuel card, which functions like any debit or credit card for the purchasing of fuel.

An official fuel card supplier on Crown Commercial Service’s (CCS) RM6186 framework agreement, this reflects Radius | UK Fuels’ exceptional product and service offering, and makes it an approved partner for any public sector organisation needing help with their fleet management. Its fuel card gives businesses access to more than 7,200 fuel stations across 97% of UK postcode areas, with this including more than 3,700 stations on the UK Fuels network and 3,500 stations from major brands such as BP, Shell, Esso, and Texaco. This vast network also includes loyalty programmes for purchasing fuel and vehicle maintenance, with just a few of these including Nectar points (Sainsbury’s), Morrisons More (Morrisons), Clubcard points (Tesco), Shell GO+ (Shell), and BPme (BP).

From there, businesses can unlock more perks, the first major one being that it gives them complete control over their fuel expenses. The fuel card is the solution that businesses have been waiting for, allowing them to wave goodbye to considerable amounts of admin work. It comes with a platform called Radius Velocity, which provides access to everything in one place, allowing users to run reports on spending, as well as see accurate predictions on upcoming weekly outgoings. This isn’t all, for having access to a fuel card also provides businesses with fixed weekly rates, so if the price of fuel changes during the working week, they will still pay the same capped price. This further allows the predicting of expenses and more control over spending, allowing businesses to plan better and to implement more efficient practices and operations in their day-to-day.

Additionally, the fuel card provides users with easy access to HMRC compliant invoices, which can be downloaded via the Radius Velocity platform and added to VAT filing without having to do anything further. This takes away another manual task of editing invoices and inputting information, while removing potential for human error in tax filings, too. This all means that businesses can ensure their files are consistently accurate and compliant.

Not only is Radius Velocity a simple, handy way to bring all fuel management tasks together in one place, but it also comes alongside the e-route app, which is another online resource that provides support to drivers during their working days. The app allows drivers to plan their route before they set off, highlighting eligible fuel stations so they don’t have to go out of their way in search of fuel.

Another capability of the fuel card is the monitoring of fuel consumption through a vehicle tracking device, which enables users to run reports on fuel usage and to gain insights on how to improve their business’ carbon footprint and adapt driving practices to become more eco-friendly. This is in addition to Radius | UK Fuels’ network now offering access to more fuel types including eco-friendly HVO fuel, which is currently being introduced to fuel stations across the UK, and can further reduce a company’s carbon footprint without having to change petrol tanks or switch out currently active vehicles.

Meanwhile, the fuel card isn’t only limited to use in the UK, either, with it providing support to businesses with European operations, too. Radius | UK Fuels has expanded its network to several European countries so businesses can receive fuel management assistance abroad, meaning those who complete regular deliveries in Europe don’t need to worry about arranging separate payment and management methods. Some of Radius | UK Fuels’ fuel card plans even offer toll tags, making it easier for vehicles to pass through European toll stations.

Ultimately, Radius is well on the way to transforming the world of fleet management with its innovative solutions and outstanding customer service, with this underscored by a glowing five-star rating on Trustpilot. The team supports 400,000 customers globally, whenever they need it, whether it’s regarding the application process or their account once it’s active. If you think a fuel card could help boost the efficiency of your own business, please visit this link to learn more and to find a fuel card that will suit your business’ unique requirements.

Categories: Articles, Logistics

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