Coast, a spend management platform for businesses that run in the field, and Fleetio, the leading fleet maintenance and optimization platform, announced a new embedded experience that brings fleet payments, fuel transaction data, and fuel management natively into the Fleetio platform. Building on the existing integration between the two companies, this new experience allows fleet managers to control spending and keep up with preventive maintenance without switching tools. That means lower fuel and maintenance costs from the system they already use every day.
Fleet operations and fleet payments have historically been managed in two separate ecosystems. Fleets manage their vehicles and maintenance expenses in Fleetio, but fuel and fleet spending (and the associated payment data) is often managed through the fuel card provider. This gap creates an incomplete view of the total cost of vehicle ownership and forces hours of manual reconciliation every month.
The new integrated experience between Fleetio and Coast closes that gap-bringing this data together to increase control and visibility by enhancing spend management and removing payment friction. Rather than simply syncing data between two systems, fleet managers can apply for and manage Coast cards directly within Fleetio. Coast’s fleet, fuel, and maintenance purchases live entirely in Fleetio, with each transaction automatically matched to the right vehicle, driver, and business cost center. Fleet managers get more accurate miles per gallon, cost per mile, and total cost of ownership reporting without touching a spreadsheet. Fleetio customers can also use a Coast card across the Fleetio Maintenance Shop Network with transaction fees waived.
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“Fleet data lives in Fleetio. Fleet payments should too. By bringing every fuel and maintenance transaction into the workflow fleets already trust, we give operators real-time visibility into what each vehicle actually costs to run and the controls to keep that spending in check,” said Phil Mirisola, Director of BD & Strategic Partnerships at Coast.
“Our customers come to Fleetio for a seamless, integrated maintenance solution to keep their vehicles running and their teams optimized. Adding Coast‘s payment and fuel data into those same workflows means finance and operations can work from one source of truth, with greater clarity on every dollar spent and a more integrated experience to help drive faster decisions,” said Miles Rand, Director of Product – Maintenance at Fleetio.
SOURCE: PRNewswire