Fleet Businesses Discover Fuel Savings By Data Mining
Fleet businesses are digging deep and discovering many new savings opportunities with the CSI Universal Fleet Fuel Card such as optimizing purchases with the low-price merchant locator.
Bonita Springs, FL (PRWEB) June 13, 2008 -- Today's market conditions are forcing fleet businesses of all sizes to dig deep and discover new ways to save. Record-setting high gas prices are demanding new tools to optimize the way daily business is done. Data mining, the process of gleaning valuable insights and applicable facts, is quickly becoming a fleet manager's best savings resource. That is why fleet businesses across the Country are turning to the CSI Universal Fleet Fuel Card.
CSI Universal Fleet Fuel Card
Loaded with every tool required to find savings of every kind, the CSI Universal Fleet Fuel Card helps fleet managers uncover savings treasures. From member discounts to online, real-time card controls and security, to detailed activity monitoring and reporting, perhaps the tool that is seeing the most increased use is the online low-price merchant finder.
"Data mining means understanding there are plenty of savings to be realized," said Keith Stone, CSI President. "It is taking the data that has always been there, combining it with new information, and discovering there are plenty of savings opportunities to be found."
One of the easiest saving's discovery is to compare the routes drivers travel and use the CSI Universal Fleet Fuel Card low-price merchant finder to determine the cheapest fuel available.
"For instance, in the Southeast there are over 525 RaceTrac Gas Stations that are traditionally anywhere from three to fifteen cents cheaper than surrounding competitors," Stone said.
Discovering savings is the first step. The second is bringing that savings into the light.
"It's a two-step process. After the fleet managers find the best deals available, they then must communicate the savings opportunities with their drivers," said Stone. "This inherently helps the entire operation run smoother as well because it increases the communication, it builds that all-important sense of sharing and teamwork."
Data mining not only uncovers new saving opportunities but also helps optimize current procedure.
"When fleet managers begin data mining and see the different savings opportunities available, they get excited. They realize that spending just small amounts of time daily analyzing their accounts, they can save more than 15% on their fuel expense. It doesn't matter what size fleet, in today's market conditions, a 15% savings is gratefully celebrated," Stone added.
To learn more about the CSI Universal Fleet Fuel Card, visit www.csi-gascard.com.
About CSI Enterprises, Inc
CSI Enterprises Inc. provides a specific line of controlled financial payment products including business fleet fueling/maintenance payment cards, a corporate virtual payment MasterCard® and card solutions for corporate purchasing, travel and entertainment spending. Today CSI and its products operate in all fifty states including Canada, Mexico and Caribbean with operating subsidiaries involved in municipal tax reclamation, venture capital and real estate development activities nationwide. Since 1988, CSI Enterprises Inc. was the first and largest U.S. organization to have a successful corporate asset management and payment network throughout the U.S. and Latin America. CSI MasterCard Corporate Fleet Card is issued by Regions® Bank. MasterCard is a registered trademark of MasterCard International, Incorporated.
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