South Portland, Maine – April 8, 2011 – Wright Express, a global provider of business payment processing and information management solutions, today announced the company's continued integration of fuel data and vehicle location data in its ongoing efforts to improve fleet management and curb potential fraudulent spending.
For years, Wright Express customers have experienced cost savings and operational improvement with WEXSMARTTM, a full-featured industry leading GPS-telematics solution. WEXSMART has helped business owners keep their employees' fuel consumption under control, and their vehicles in top operating condition.
Now, Wright Express introduces multiple reports and features that combine information from fuel card transactions with GPS vehicle location information in meaningful ways to save even more.
One example of this value-added functionality is Fuel Guard, WEXSMART's automated report for spotting potential fuel card mis-use. This report compares – in real-time – the location of their vehicles to the location of where their fuel cards are being used. Simply set the parameters, and Fuel Guard helps to uncover the problems. Another example – WEXSMART's enhanced State and Vehicle Mileage report – eliminates the need for manual trip detail logging and can help avoid expensive third party fees for IFTA/IRP compliance reporting. This one-stop report combines and summarizes miles traveled and gallons fueled by state.
"Gaining better insight into fleet operations is the first step towards identifying costly, wasteful spending," said Ken Janosick, Senior Vice President of Small Business Solutions. "With WEXSMART, Wright Express has taken the basic concept of integrating fuel and GPS location data to the next level to deliver value beyond basic tracking requirements. When it comes to well-rounded fleet management products and services, WEXSMART is a true differentiator."
About Wright Express
Wright Express is a global provider of business payment processing and information management solutions. The company's fleet, corporate, and prepaid payment solutions give customers unparalleled security and control across a wide spectrum of business sectors around the world. The company's subsidiaries include Wright Express Financial Services, TelaPoint, Pacific Pride, and Wright Express International including Australia, Wright Express Prepaid Cards Australia and Wright Express Fuel Cards Australia. Wright Express and its subsidiaries employ more than 850 associates in five countries.
For more information about Wright Express, please visit www.wrightexpress.com.
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