Business Efficiency

Fleet managers have always had to contend with erratic pricing on fuel. With the increase in natural disasters and geopolitics creating even more disruption, the need to aggressively manage changing gas prices and fleet operating costs is greater than ever. ...

Research conducted by the University of Cincinnati reveals that of the 64 percent of businesses that reported instances of employee theft, only 16 percent of those companies reported the crime to authorities. There are several reasons that companies choose not...

The advent of telematics opened up new avenues for delivery fleets to create efficiencies. Countless data points add up to valuable insights on fuel economy, driver behavior, and vehicle maintenance. But how can small delivery fleets take advantage of WEX Telematics data to improve...

Vehicle lifecycle management is key to profitably operating a small business fleet. Many small business owners and managers have an idea of when vehicles have to be replaced based on age and mileage. There are other critical factors involved, however, in optimizing vehicle lifecycle management. Hanging...

For small businesses looking to expand their distribution and delivery beyond their local fleet, partnering with a third-party logistics (3PL) company can fill a crucial gap.   The best way to address these growing pains is to expand your fulfillment strategies....

A small business runs on money. The business gathers money in exchange for goods or services, then it sends the money back out into the accounts of its employees. At the heart of a small business is the muscle that pumps its cash...

Fleet optimization isn’t just for large fleets. Small businesses often operate on thin margins. An underperforming delivery fleet can cause significant negative impacts by ratcheting up fuel costs and frustrating drivers. Luckily, there are many ways small businesses can drive down costs by...

Whether your business runs on one vehicle or a small fleet, embracing mobile payments can make life on the go a little bit easier—and more secure. Paying with a mobile wallet is not only quick and convenient but adds additional levels...

The job of a fleet manager can be complicated enough. It only becomes more challenging when the responsibility of hiring new employees - like drivers - is included. If this is the case for you, what this means is that...

Most fleet managers understand the value of an efficient, integrated vehicle parts inventory system. Nevertheless, improving parts inventory—the foundation of any parts management system—is often given a lower priority than other vehicle maintenance operations due to the perceived tediousness of...