Rev Up Your Savings with a Speedway Business Gas Card
Short answer speedway business gas card:
The Speedway Business Gas Card is a credit card option for businesses that provides fuel discounts and rewards at Speedway locations. It also offers online account management tools and custom expense reporting options.
How the Speedway Business Gas Card Can Save You Time and Money
Businesses that rely on vehicles to operate can benefit significantly from using Speedway Business Gas Cards. These cards are designed explicitly for commercial use, which means they come with a host of features and benefits aimed at saving businesses time and money.
Here’s how the Speedway Business Gas Card works and how it can help your business:
Easy Purchase Tracking
One significant advantage of using a gas card is in keeping track of expenses more efficiently. The Speedway card helps you manage all transactions related to fuel purchases automatically. This makes it easier for you to monitor fleet spending patterns quickly without having to go through every receipt manually.
You Get Discounts
Another vital aspect of utilizing Speedway Business Gas Cards instead of cash or other payment methods is the discounts offered by these cards. Speedways offer great deals on every gallon, depending on what level you qualify for based on your monthly gallons purchased typically at $0.05 cents off per gallon compared to retail prices.
Greater Control Over Your Expenses
Any business owner knows about the significance financial control plays when running an enterprise; this goes doubly so for small ones looking closely at their bottom line profitability. Having a gas card gives account managers easy ways among other things such as downloading detailed reporting tools allowing them better access into driver behavior trending habits like speed, milage totals ..etc..which will allow management tracking employees’ tanks fill-up times/dates, location(s) chosen /unauthorized stops — along with getting detailed GPS Data insights making future planning much more insightful than before..
Fraud Detection Abilities
Gas fraud can occur in various forms –scammers break into auto’s computers installing undetected malware or employees taking resources meant again company policy/guidelines then misappropriating those funds elsewhere risking counter-suits/harry lawsuits- however with measures against theft, misuse , easily reviewing purchase data sets either cross-referencing between departments ( e.g., Fuel Purchases vs travel reports comparing dates/times/locations) or reviewing real data trends-based points, it’s effortless to spot any unusual activity impacting your business’s bottom line and address them.
Streamlined Expense Management
Managing employee expenses manually can be tiresome and time-consuming. Tracking receipts for different purchase records may lead to errors arising from incorrect numbers entry into budgets reporting lean on payroll /over budgeting some areas do not require the extra cash flow. With Speedway Business Gas Credit cards, managing these expenses becomes much easier due to streamlining cashless transactions in combination with easily exporting that day/week/month of specific purchases – allowing accurate bookkeeping control consistently making sure you miss no detail at month-end closing.
All-in-all, using a Speedway Business Gas Card offers advantages that save businesses money and time through being excellently integrated streamlining reporting tools getting drivers spending efficient-making it less likely employees will misuse resources try fraudulent activities/malicious things exposing company weaknesses so similar future events remain unlikely ; thereby improve overall financial management across all fronts –making customers happy they came back every-time up front care is given tending those relationships now forecasting better results
Step-by-Step Guide to Signing Up for a Speedway Business Gas Card
As a business owner, managing expenses is one of the most important aspects of running your company. One area where you can save money and streamline operations is by using a fuel card specifically designed for businesses. Speedway Business Gas Card offers many benefits such as expense tracking, discounts on fuel purchases, and customized reporting to help manage your fleet efficiently. In this blog post, we provide you with a step-by-step guide to signing up for a Speedway Business Gas Card.
Step 1: Visit the Speedway website
Visit the official website of Speedway at www.speedway.com to initiate your application process. Click on “Business” at the top navigation bar followed by “Fleet Services.” You will be redirected to ‘Speedway Fleet’ page which provides all necessary information regarding their gas cards.
Step 2: Choose Your Fuel Program
On that page, there are multiple re-fuel program options available that Speedways offer; choose from them wisely according to your preferences or needs. They have Basic Commercial Program (speedy commercial credit card), Advance Universal Monthly Billing program (monthly billing option), and Advanced Standard Specific Billing program( individualized billing per accounts).
Take some time here in deciding what best fits into our budget and give forethought onto whether you need detailed invoice reports etc while choosing between programs.
Step 3: Fill out basic information form
Once you’ve selected your desired fueling program select “Apply Now”. This should take you directly to an online application form where fields inquire about basic company info such as name, address, phone number along with applying personnel-related details as well.
Be sure you have gathered appropriate documents beforehand like federal tax id numbers or insurance certificates relating to vehicles so that it transcends clearly when filling out forms avoiding any discrepancies later on.
Step 4: Provide additional requirements if requested
In case further documentation was required upon signing up such as state-specific permits ensure they were submitted alongside personal identification proofings such as social security or driver’s license alongside the business’ current profit and loss report.
Step 5: Complete The Application Process And Wait
Review all information provided before submitting your application. After that, sit tight as Speedway will take their own time to review it thoroughly; It usually takes a few days for approvals – Swift tracking is possible through registered emails granted immediately upon registration!
In conclusion, signing up for a Speedway Business Gas Card is an efficient way to manage your fuel expenses while benefiting from discounts offered by the petrol station giant. Following these step-by-step instructions should ensure you are able to sign-up without any hiccups- other pieces of advice would be not delaying processes with delays in paperwork processing and aligning documents accordingly!
Overall this is a smart investment decision when being considered whether minimizing company spending – As Benjamin Franklin rightly once pointed out “A penny saved is a penny earned.”
Speedway Business Gas Card FAQ: Everything You Need to Know
As a business owner, managing expenses is crucial to maintaining profitability. One of the most significant costs for businesses across all industries is fuel expenses. Whether you operate a small fleet or have employees who travel frequently, monitoring and controlling gas prices can be a challenge.
This is where Speedway Business Gas Card comes in handy.
It’s designed specifically for commercial use; this card offers an array of features meant to help businesses manage their fuel-related spending efficiently. To help answer some common questions about the Speedway Business Gas Card, we’ve put together our own comprehensive FAQ guide:
What Is A Speedway Business Gas Card?
Speedway Business gas cards are credit cards provided by Marathon Petroleum Company LLC that offer fleets and drivers with payment solutions when purchasing gasoline and other fuels at any authorized Speedway locations nationwide.
Who Can Apply For A Speedway Business Gas Card?
Business owners who want to better control their company’s fuel expenditure using customized reporting tools will find great value in applying.
To qualify for a Speedy Rewards Fleet Program account, your business must purchase more than 500 gallons of fuel per month or exceed ,000 worth of motor oil purchased every quarter.
Individuals cannot apply since it requires employer information such as EIN number and annual revenue details
What Are The Benefits Of Getting A Speedway Business Gas Card?
Speedway Commercial provides many advantages compared to regular credit cards:
• Fuel Network: With over 4,950 participating sites which allow access 24/7 even on public holidays
• Customization: Leverage powerful online tools allowing custom driver identification numbers (e.g., Department codes), vehicle insights & reports – speeding up accounting duties as well reducing overall administrative burden
• Safe Transactions: Real-time online tracking ensures security from suspicious transactions preventing false charges or fraud activity
• Reporting: Robust individual transaction histories outlined with detailed breakdown categorically such as tax-exempt purchases or electronic toll payments making Bookkeeping much easier
How Does The Credit Application Process Work?
It is entirely straightforward and takes minimal time to complete:
1. You start by filling out an online application form that requires business, financial, and personal information.
2. Speedway Commercial will evaluate the submitted details before either granting or declining your credit request
3. Once approved, you’ll receive access to secure account portal activation links followed by a personalized company account number.
How Can I Pay My Monthly Bill When Using A Speedway Business Gas Card?
An automated electronic payment system (ACH) allows timely bill payments through a bank checking/savings/auto-drafts from saving precious time & significantly decreasing late fees’ impact.
In summary, The potential benefits of signing up for a fuel card like the Speedway Business Gas Card are enormous in streamlining accounting duties while reducing additional administrative burden while offering drivers added security when traveling with authorized accommodations – making them one of the best options for companies looking to save money on gas expenses.
