RoadFlex, a leader in innovative fleet payments and fuel risk management, has officially confirmed the news of securing a national Sourcewell cooperative purchasing contract.
According to certain reports, this particular contract makes it possible for public agencies to procure RoadFlex’s platform and technology through a compliant, competitive process, capable of saving time, promoting transparency, and strengthening budget oversight.
For better understanding, Sourcewell is a cooperative purchasing program that guides public agencies to save time and money with pre-negotiated and competitive contracts. The initiative, in case you weren’t aware, empowers agencies to secure cost-effective and efficient purchasing solutions, while simultaneously meeting local and state procurement requirements.
Hence, the given contract bestows upon public agencies complete access to purchase RoadFlex through a ready-to-use, Sourcewell-vetted contract, thus streamlining the public purchasing process.
To understand the significance of such an effort, though, we need to take into account how public agencies have long struggled with outdated fuel cards, including systems with clunky controls, vague billing, and limited integrations.
Against that, RoadFlex brings to the fore a modern, cloud-native platform which, unlike legacy fuel card vendors, was built from the ground up for modern fleet, finance, and compliance teams, boasting a real-time platform, full API integrations, and no hidden fees.
Beyond that, we ought to acknowledge how the given solution arrives on the scene bearing an ability to provide real-time visibility into spend, automated policy controls, and fraud protection. It also ensures transparent pricing with no surprise fees.
Talk about what kind of benefits Sourcewell members can expect from RoadFlex moving forward, we begin from the promise of comprehensive fuel management.
This translates to how one can seamlessly access visibility into fuel usage, expenses, and fleet activity, enabling data-driven decision-making. The given proposition spans consolidating retail fueling, in-yard fueling, and EV charging.
Next up, there is a focus on enhancing cost control. RoadFlex effectively delivers upon that feature by leveraging advanced tools to manage fuel costs, minimize waste, and ensure budgets are optimized.
Another detail worth a mention is rooted in the potential for seamless integration. You see, RoadFlex’s platform integrates easily with existing fleet management systems, telematics, accounting tools, and asset management systems, something which really goes the distance to put-together a unified approach to fuel tracking and data analytics.
Rounding up highlights would be a commitment to enhance compliance and reporting. As a result, Sourcewell members can stay on top of auditing requirements and simplify reporting processes with RoadFlex’s automation features.
Making the given development even more significant would be the fact that RoadFlex customers see average fuel savings of 11% on an annual basis.
“Public Sector fleets are under constant pressure to improve transparency and reduce costs,” said Rush Akin, Chief Revenue Officer at RoadFlex. “This collaboration brings together Sourcewell’s commitment to streamline purchasing for government and nonprofit agencies with RoadFlex’s modern fleet payment solution with full contract compliance and advanced sustainability capabilities.”
