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Leading Sales & Marketing Agency 7,000 Fuel Cards |
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Marketing Agency Implements CSI MasterCard® Corporate Fleet Card to Manage and Control Employee Fuel Expenses
A leading sales and marketing agency wanted to move away from an employee cash reimbursement program for fuel expenses and transition to a fleet fuel credit card program to control and manage predetermined fuel stipends for their territory representatives.
Business Needs: This agency wanted to transition from a labor intensive cash reimbursement process to a fleet fuel credit card program to provide 7,000+ territory representatives with a pre-determined monthly fuel stipend. The goal was to reduce fuel and administrative costs and allow their representatives to be able to make fuel purchases without the need to pay out of pocket. In addition, they needed a very controllable program offering national acceptance, real-time online account access to view and control transactions, and detailed reporting to meet company compliance policies.
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Solution:
The CSI MasterCard® Corporate Fleet Card was implemented to over 7,000 territory representatives. A card was issued to the territory representatives with set limits determined based on their region of operation.
Key card functions:
- Custom Real-time Authorization Controls – Cards managed to a “fixed” monthly dollar limits
- National Acceptance – All 50 states
- Security – Pin & mileage collection with each transaction
- Custom Reporting – Tracking of each purchase with line item detail to each territory representative.
- Real-time online card and transaction management.
Benefits:
Leading sales and marketing agency collaborates with the CSI implementation team to establish a custom fuel policy and fleet fuel card program with custom purchase limits for 7,000+ employees. The CSI MasterCard® Corporate Fleet Card was implemented and this agency documented that this transition has provided a reduction in fuel and administrative costs of 6% or $2.6MM annually.
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SOLUTION OVERVIEW
Leading Sales & Marketing Agency
Customer Size: 12000 employees
Organization Profile:
This sales and marketing agency is one of the leading sales and marketing agencies specializing in outsourced sales, merchandising, category management and marketing.
Program Need:
This agency was looking for a solution to move away from an employee cash reimbursement program to provide a fleet fuel credit card program offering territory representatives a fixed fuel stipend with limits based on regional fuel pricing and national acceptance.
Solution Provided:
CSI MasterCard® Corporate Fleet Card with Custom Card Profiles, Pre-determined Monthly Spend Limits, Security through PIN & Mileage Prompting and National Acceptance
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