Maintaining a fleet of construction vehicles and heavy equipment can carry a hefty price tag. Keeping control of costs requires you to think in terms of efficiency, developing a more effective fleet strategy, and having “work smarter, not harder” processes in place for managing contractors.

The 5 Things You Need to Know About Construction Fleet Profits

03.23.16

Construction Fleet ProfitsMaintaining a fleet of construction vehicles and heavy equipment can carry a hefty price tag. Keeping control of costs requires you to think in terms of efficiency, developing a more effective fleet strategy, and having “work smarter, not harder” processes in place for managing contractors.

Construction companies face challenges unique to their industry. A large percentage of heavy equipment often spends extended periods of time at a remote construction site. Mileage must be managed carefully. The logistics of mobile and bulk fueling can be a juggling act. And keeping track of expenses and contractor activity requires an incredible amount of diligence.

You need an intelligent, consistent strategy to meet these challenges and protect your bottom line. With that in mind, Comdata offers a set of construction industry solutions that address your spending and data management needs in a straightforward, centralized platform. 

Get a Grip on Expense Reports

Simplify expense reporting by receiving receipts from the field in real-time from any web or mobile device. Comdata Expense Management Systems (CEMS) integrates with common financial systems and ERP software. As spending data comes in, it is routed to the appropriate categories to streamline expense coding and reporting.

Manage Contractors

Even the best crews require oversight. From a single interface, you can safeguard against inefficiencies and manage an entire team. Resources like FleetAdvance equip you to track the data you need to oversee, including vehicle movement and idle times, or fuel spending by driver and location. By centralizing the intelligence, you can benchmark, compare, and put the resources in place to address the needs of each job with total precision.

Maximize Mobile Fueling Efficiency

Flexibility of fueling options is key in the construction industry. Equipment often moves across state lines on a day-to-day basis, and transporting bulk fuel tanks to main locations has to be factored into total fuel spending. Utilize fleet planning tools to source the best prices by location, mobile fueling, and other factors you identify as most important to your bottom line. 

Win Bids in New Locations

As your business expands, you need resources to pursue opportunities in new markets. Comdata gives you access to fuel discount opportunities and the resources to manage fuel, repairs, and more at more than 600,000 locations. You can allocate appropriate spending categories and amounts to key cardholders, secure payment processes, and keep track of every data point.

Maximize Fuel Tax Rebates

Know exactly how much your drivers spend on fuel, and when and where they fuel. Fleet card reporting capabilities simplify the process of submitting off-road tax rebates, giving you one less task to worry about. Comdata provides fuel tax and IRS 2290 filing and order permits for multiple modes of transportation, including construction fleet vehicles.

Comdata produces solutions with the needs of the construction industry in mind. We can help you put together the right tools and strategies to keep every part of your fleet working well – from the office to the job site.