Executive Briefings

Comdata Unveils New Tool for Truck-Fleet Management

Comdata Corp. has launched FleetAdvance, a program to help companies improve purchasing decisions, manage fuel costs and improve truck-driver behavior.

It allows users to score each fuel transaction as it occurs, comparing the net price paid to the price that could have been paid at other nearby locations. For each transaction that falls outside established score guidelines, Comdata can send an immediate e-mail or text-message notification. All transactions can be monitored via a Web-based console which tracks purchasing activity and provides key information in real time. In the process, the vendor said, customers gain greater insight into transactions at the time they occur. Comdata provides fleet, corporate payment, healthcare, virtual card and prepaid services.

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It allows users to score each fuel transaction as it occurs, comparing the net price paid to the price that could have been paid at other nearby locations. For each transaction that falls outside established score guidelines, Comdata can send an immediate e-mail or text-message notification. All transactions can be monitored via a Web-based console which tracks purchasing activity and provides key information in real time. In the process, the vendor said, customers gain greater insight into transactions at the time they occur. Comdata provides fleet, corporate payment, healthcare, virtual card and prepaid services.

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