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Overview
The Optima
fuelFuel &
travel cardTravel Card is a digital card designed to help corporates to manage fuel and conveyance expenses program.
OrganisationOrganisations can issue fuel & travel cards to disburse various fuel and travel related allowances to employees electronically. These allowances
are fuelare fuel recharge,
carcar hire, car maintenance or insurance, business travel or transfer cost, and daily expenditures
on business tour. There is a digital card designed to help corporates to manage fuel and conveyance expenses program. Organisation can issue fuel & travel cards to disburse various fuel and travel related allowances to employees electronically.on a business tour.
The entire program is flexible and can be customized to suit your
organisationorganization's policy. For example, in order to issue a prepaid card, HR need to load currency into the employee’s fuel card for their fuel expenses every month based on the company’s policy. An employee can redeem fuel cards against fuel purchase, car servicing, car maintenance, and car hire to save income tax.
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Zeta doesn’t own any tax accounting responsibility on corporate conveyance allowances against fuel expenses. Zeta recommends organizations to adhere to the IT guidelines to deal with both conveyance allowance and reimbursement of fuel expenses. |
Potential Challenges Zeta Addresses
Some challenges that we are trying to overcome are:
Cumbersome fuel expense and daily conveyance claim process
No visibility in fuel transaction
No tool to analyse analyze the fuel usage
Housekeeping the manual bills and high probability of losing the bills
- Manual verification, approval, and delay in payment settlement
Key Features
An array of features of Optima fuel platform are:
Provides web interface for HR professionals and mobile app interface for employees which is available in android, iOS and windows versions.
Enables HR to create and manage fuel card orders with a provision of using custom configurations.
Provides provision of revoking unused fuel card amount.
Enables viewing and analysing every transaction data and invoicesinvoice.
Enables employees to upload the fuel and travel expenses for reimbursements digitally.
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Fuel card only expires if organisational decides to do socards don’t expire unless otherwise specified by your organization. Fuel card's balance can not be redeemed online. |
Key Benefits
The Optima fuel platform delivers Optima Fuel Card delivers the following benefits:
Digital interface streamliningFor employers:
Streamlines the overall fuel and travel expense reimbursement process.
Ease Provides an effortless way of managing the employee accounts electronically
Ease of using the fuel card at any fuel station and for car servicing and maintenance and car hire
No need of employees' accounts digitally.
- Provides a flexible option for customization.
Provides an effortless way of managing employees' accounts digitally.
- Provides premium customer support.
- Mitigates human errors.
- Provides premium customer support.
For employees:
Provides both online and offline payment option.
- Provides option of paying by any denomination.
Provides a secure and effortless way to use and redeem fuel expenses to save tax.
- Eliminates the need for manual bill submission since it is a prepaid
- digital instrument.
Secure and easy to redeem and manage fuel expenses
- Premium customer support
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- Eliminates the process of storing and procuring bills.
- Provides premium customer support.
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