Unfortunately, transport companies are witnessing a rise in fuel fraud and are forced to spend a lot of fuel expenses. Accounting requirements in the rear offices and the International Fuel Tax Agreement (IFTA) means that the largest fleets sometimes spend tens of hours per month, simply reconciling fuel purchases.
Rich Tut, Vice President of Sales and Strategy in QuikqThumas Wasson, to talk about technologies and tactics that can prevent fuel fraud and simplifying background fuel management operations.
Traditionally, most fleets provide their drivers for fuel cards to manage the road purchases. These fuel cards are one of the ways to simplify payments and hold expenses accountable, but some systems are vulnerable to abuse and exploitation. High fuel fraud has led great losses in the past few years.
“Although we have a traditional fuel card product, we are also excited to talk about our solutions without a card, especially SmartQ RFID,” said Taute. “We have spent the past twelve months to help transport companies reduce fraud, and one of the most effective ways that we can fight fraud is through our RFID technology.”
Smartq RFID It works similar to the Toll signs that many trucks use to be able to pass through Tall stations. QuikQ uses the same concept with SmartQ RFID to run the distributor in the fuel pump and link each transaction to a specific asset.
“This technique is very simple and safe,” said Taue. “In sixteen years, we had no single fraudulent treatment using our RFID tool.”
Over the past twelve months, the QUIKQ operations team and the financing team have been working hard in this field to obtain these payment tools to transport companies, and TAETE says these efforts were very useful in reducing the fraud of customers.
Tut said: “This is a great solution for you if you face a fraud ever,” Tut said. “If you do not do so, you are sincerely lucky, as bad actors are actively targeting the most safe payment methods.”
In many documented incidents, drivers and fraudsters passed the fuel cards in the pump to allow other trucks to refuel for a cash exchange. SmartQ RFID technology prevents this type of examples from occurring in the first place.
“Once the RFID brand is separated from the antenna, we will stop the distributor, regardless of whether the pump is still working or not,” Tut said. “This way, drivers cannot defraud the transport company by fueling another truck.”
The Eld’s solution will not only be achieved if the truck is in the truck station, but it cannot control the gas station pumps. “These solutions are safer than nothing, but only the RFID mark attached to a pump can really calculate fuel in the correct origin.”
Authenticity ratification is another element that QuikQ can provide to transportation companies. This authentication includes a simple step that requires the driver to verify that it stops at a specific location.
“Many of our customers have posted this feature on fuel cards and our starting code system to increase safety,” said Taue. “It is just another safety point, and it makes it easier to track any violations and prove any violations.”
Likewise, QuikQ also provides fuel and mule limits based on the original. These controls prevent cases where the driver may try to buy additional fuel inappropriately for another car or Reefer fuel, for example.
Tut said: “We have seen many incidents in which a driver feed the Reefer trailer and described it as truck fuel, which puts all Ifta accounting,” Tut said. “Once again, it is just another safety element that we offer to make sure that the fuel purchased ends in the correct origin.”
Regardless of the security benefits, QuikQ’s payment tools also provide many advantages of the background office efficiency of the tankers by providing this type of verification.
“That was the eye for me,” said Taue. “I always knew that fraud and errors occurred, but the ability to verify this and hear accounts from our customers about the how much time they saved was incredible to see it.”
The quarterly iFTA phrases, for example, are often a major painting point for carriers. Just like income taxes can be paid or low salaries at the end of the year, transport companies may pay in one country and pay to another, which means that they have credit in one state and payable in another.
By making the easiest fuel tracking that is purchased through assets, quikQ can compress the transport companies process and make it simpler to calculate IFTA expenses.
“Each RFID transaction is automatically assigned to the original, which now means that Ifta taxes are absolutely clean,” Tut said. “In the past, I worked with transport companies that had to spend long hours a month in an attempt to find out the truck and the trailer who participated in the purchase, but with SmartQr RFID, this entire process is automatic.”
There are still transport companies that use printed receipts in their accountability, but these types of old processes are no longer necessary with the correct technology, says TAETE. It adopts more and more technology companies to make rear offices more efficient, and this is something that transport companies to observe for competition.
“We are also excited to launch a solid fuel platform for payment customers,” said Takee. “Many of these Al -Awla services now provide fuel cards, and we are seized the opportunity to meet the demand for this trend. Bringing the anti -cheating technology to the table with this solution is exciting for many of our customers who are looking for the best options in the market,” he said.
The combination of fuel cards programs with the bill can help companies communicate with transport companies more compromised and increase the value of these collaboration services.
With this system, Al -Amla company funds an invoice, and it can download the money on the QUIKQ account in advance of the actual time transmission. The unification of this ecosystem and the enabling of Al -Awla companies to transfer this money around it makes it smooth and makes the balances easily reviewed.
“When the carrier needs money, they need this money now in order to feed its trucks and work,” Tut said.
Tut said: “Using our RFID technology in addition to this ensures that Al -Awla and Transportation companies do not worry about fraud,” Tut said. Quikq can confirm with certainty that the original was in a specific pump, and the surveillance systems can be determined in place whether a truck that feeds it on its way on a certain load, which can be verified for each meaningful party.
TAETE says that the ability to provide this type of deterrent is a great help for both transport companies and Al -Awla companies.
The largest pain point is in many load -bearing fuel sections, according to TAETE, the fact that fraud and payment issues often prevent drivers from the ability to properly refueling during the road. If the driver is stuck in a truck and is unable to complete the purchase, the carrier will not be able to achieve revenues.
Tut said: “Solving these problems depends on customer service, and with us talking to a person on the phone in less than a minute,” Tut said.
However, a lot includes QuikQ tools to help transport companies to solve and prevent problems. Tut said: “We can educate the customer and help them in the problems of transactions permit in sorting, whether it is like a driver who enters the wrong unit number, being in an unauthorized truck, buying an unauthorized product, etc..”
Tut said: “Our customer service team will help our customer, but frankly, most customers prefer not to rely on help in the first place,” Tut said. “Instead of forcing customers to contact us, we can help them understand what to search for so that they can avoid problems and move more.”
In some cases, drivers may be stimulated to buy fuel in certain locations, and QuikQ can help prepare licenses to make operations more efficient. SmartQ RFID system is developed depending on what the carrier wants.
“From the fuel perspective, you must calculate the price of fuel in some sites, IFTA tax considerations, and the path,” I explained. “We have all the cranes so that the transport companies can keep their fuel purchases open or control them tightly as needed.”
Tut said: “Our security is more strategic than some of our competitors, so we have received a number of calls from potential customers who need a solution when other fuel providers close their fleet completely,” Tut said. “Since we are able to follow fraud quickly and accurately, we help keep the entire fleets to move them, and we have won many businesses from customers who need an advanced solution.”
