How Can Cambrian Help My Courier Business?
As a courier, the key to your business’s survival is efficiency. Making the deliveries on time while taking the best routes to conserve fuel is paramount.
The Current State of the Industry in the UK
The United Kingdom (UK) has the most advanced e-commerce market in Europe. The ever-growing demand is both causing pressure on delivery companies and creating new opportunities to supply to meet that demand.
Industry revenue is expected to rise in 2021-22, driven by strong demand from retailers as a result of COVID.
Despite a surge in demand over the current year, profit is anticipated to decline to 6.4% of industry revenue following employment disputes, labour shortages and rising fuel costs.
Useful Statistics
- In 2020, internet retail sales had grown by only 46.1%, the fastest rate recorded in the past decade
- e-commerce sales totalled £693bn in the UK in 2019
- In 2020, as high as 87% of UK households made online purchases within the preceding 12 months
- Market Size: £13bn
- Number of Businesses: 9,964
- Industry Employment: 111,776
How Can Fuel Cards Help?
Fuel cards are an essential business utility.
Price
They allow businesses to purchase fuel at a wholesale related price and claim back the VAT. This is often cheaper than pump prices.
Admin
As a fuel card customer, you’ll save a lot of time with administration. A fuel card negates the need for religiously collecting receipts and filling in claim forms, therefore, making tax returns easier.
Credit Terms
With Cambrian, you’ll receive a weekly invoice with fortnightly payment terms. This is great for cash flow which in turn helps you manage your business more effectively.
Benefits
Many of our cards are multi-network which allow your business to utilise a range of stations including branded, supermarkets and independents. At many of the branded sites, you’ll get well-lit forecourts, quality food and drink outlets, clean toilets and free wi-fi. Drivers will also benefit from the loyalty reward points schemes available. These include Shell GO+, Nectar and Tesco Clubcard points.
Data
As a fuel card customer, you’ll get access to our online account portal which gives you greater control over your fuel expenditure. It allows you to view and download all your transaction data, produce VAT compliant reports and order new cards. Through the free portal, you can assess the most fuel-efficient routes.
Security
All our cards are PIN protected. When the cards are set up, they can be linked to a driver or vehicle. Fuel cards negate the use of cash, which puts your driver at less risk when they’re making their delivery rounds.
Why are Fuel Cards A Better Option Over Credit Cards?
There are several reasons why fuel cards are a more prudent choice than credit cards for your business.
These are:
- With credit cards, you pay pump price
- It’s easier to identify fraud
- Fuel cards offer restrictions on purchases
- Fuel card purchases are interest-free
- Credit card purchases still require you to collect receipts etc
- Varying APR on credit card purchases
To find more about our comprehensive range of fuel cards click here – https://www.cambriancards.com/fuel-cards/
How Can Telematics Help?
Telematics are beneficial for courier companies of all sizes.
For smaller companies/sole traders, camera solutions offer protection for drivers and their cargo.
Dashcams offer lower insurance premiums and are a useful tool when assigning blame in traffic accidents.
Entry-level devices also give customers an accurate estimated time of arrival notifications.
For larger companies, telematics devices offer fleet managers unparalleled data on fleet operations.
They tell you where and how your vehicles are being driven. Through the monitoring software, they offer fleet managers real-time insights on fleet activity. This includes the ability to view onboard cameras in real-time.
As well as receiving scores for every aspect of their driving performance, more advanced telematics systems give drivers in-cab real-time feedback on the way they are driving.
Hardwired devices relay information from a vehicles engine management system and if that vehicle has any issues or there is an accident, a fleet manager will be notified immediately.
Telematics offers a holistic service ensuring both the welfare of your drivers and vehicles whilst providing the data to make your fleet operations as efficient as possible.
Click here to see our range of telematics solutions – https://www.cambriancards.com/telematics/
How Can Cambrian Help My Courier Business?
