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Comdata Announces Enhanced Integration with ExpertFuel Software from TMW Systems
BRENTWOOD, TN - September 14, 2015
Fleets using the Comdata card for fuel purchases and enhanced data now have additional opportunities to reduce fuel spend, thanks to a new integration between Comdata and ExpertFuel® fuel purchase optimization software from TMW to make use of Comdata net fuel price files.
The ExpertFuel platform provides enhanced insight into fuel purchasing decisions by combining advanced optimization algorithms with trucking-specific routing technology and daily commercial diesel fuel pricing feeds. The new integration offers Comdata customers the opportunity to gain greater insight into their fuel spend activities.
By integrating with ExpertFuel, Comdata’s pricing file now becomes one of the most robust in the industry. While other fuel card providers use multiple sources to gather fuel pricing data, Comdata’s single pricing file--inclusive of all eligible discounts the company administers--streamlines the process and virtually eliminates the opportunity for error. The real-time capabilities of Comdata’s single price file, combined with ExpertFuel’s optimization capabilities, will now allow fleet card customers to view daily retail fuel price fluctuations for even greater visibility into fuel pricing.
“Comdata has long enjoyed our relationship with TMW Systems. This integration with ExpertFuel serves to strengthen our relationship with TMW and allows us to provide our mutual customers with increased transparency to fuel prices and enhanced controls over fuel purchases,” said Greg Secord, president of North American Trucking for Comdata.
In addition, Comdata’s technology allows fleets to specify fuel networks at the individual card level, enabling expanded card control across the country.
“Some of the nation’s best-managed fleets use ExpertFuel every day to reduce costs and improve operating ratios. Partnering allows us to combine Comdata’s card security technology and pricing data with TMW’s optimization technology to provide these fleets with insight to make the best business decisions today and in the future,” said James Langley, vice president and general manager of business intelligence and optimization for TMW Systems.
Comdata, a leader in payment and enhanced data technologies for more than 45 years, offers a suite of solutions to drive efficiencies, optimize fuel spending and reduce risk for over-the-road fleets across North America. The company has been a partner of TMW Systems, a leading provider of transportation technology solutions, for 22 years. The new fuel price file integration announcement comes as TMW hosts its annual TransForum User Conference in Orlando.
The use of referenced integrations or interfaces with TMW software may require the purchase of additional software licenses and professional services from TMW Systems. Please contact firstname.lastname@example.org for purchase requirements and details that may apply to the capabilities referenced in this announcement.
About TMW Systems
TMW is a leading transportation software provider to commercial and private fleets, brokerage and 3PL organizations. Founded in 1983, TMW has focused on providing enterprise software to the transportation industry, including asset-based and non-asset-based operations as well as heavy-duty vehicle service centers. With offices in Cleveland, Dallas, Indianapolis, Nashville, Oklahoma City, Raleigh, and Vancouver, the company serves over 2,000 customers, including many of the largest, most sophisticated and complex transportation service companies in North America. TMW is a Trimble Company (NASDAQ: TRMB) and part of the international Transportation and Logistics Division.
Comdata Inc. is a leading business-to-business provider of innovative electronic payment solutions. As an issuer and a processor, Comdata provides fleet, corporate payment, healthcare, virtual card, and prepaid solutions to over 30,000 customers. Comdata’s SVS division is a global gift card and loyalty innovator that manages over 600 million cards and processes over 1 billion transactions from over 45 countries and in 26 currencies worldwide every year. Founded in 1969 and headquartered in Brentwood, Tennessee with more than 1,200 employees globally, Comdata enables over $54 billion in payment volume annually.