Reduce Excess Fuel Costs with Fuel Sensors and Cartrack MiFleet

Fuel prices across the world remain high, while fuel represents one of a fleet's largest operational expenditures. Companies that rely on a fleet of vehicles as a source of income are forced to increase service prices. This is certainly undesirable for customers. Is your company among those experiencing this?

Cartrack has a solution for you: fuel sensors and MiFleet—as well as the Cartrack GPS tracker. This Cartrack solution is highly effective for managing and maintaining your fleet's fuel costs more efficiently. Cartrack's fuel sensors monitor vehicle fuel consumption and efficiency. MiFleet, a cost-management feature within Cartrack Fleet Web, ensures fuel consumption is within its intended use.

1. Prevent the misuse of fuel cards

Cartrack's telematics solution connects to your fuel transaction data and alerts you when it detects potential fuel card fraud. If your company uses fuel cards, you can import card transaction data into MiFleet in less than a minute.

2. Identifying the risk of fraud in fuel claim submissions

Cartrack's intelligent algorithm automatically matches fuel receipts with the vehicle's advanced telemetry data. You can determine whether the vehicle was actually present at the fuel station on the date and time of the fill-up. Furthermore, you can track whether the number of litres filled corresponds to the actual number. Any discrepancies identified are highlighted as risks, which you can immediately validate.

3. Comparing costs and fuel consumption between vehicles

MiFleet provides complete transparency into your fleet's fuel consumption and costs. Comprehensive MiFleet fuel reports compare fuel consumption between vehicles and show the number of litres used per kilometre. You can act on this data to save fuel and optimise your business.

MiFleet offers automated alert functions for potential fuel anomalies, an advanced Artificial Intelligence (AI) algorithm, practical and user-friendly features, as well as actionable fuel data. You will, of course, need to install a fuel sensor so the system can retrieve your fleet's fuel consumption data and process it in MiFleet.

The combination of these two features has proven highly effective for managing and reducing fuel expenditures. Our team in South Africa even trialled it for their internal fleet operations. The implementation of MiFleet technology and fuel sensors helped Cartrack South Africa save millions of rands (equivalent to billions of rupiah). Want to try Cartrack’s fuel efficiency solution? Send us a message here.