Integration with the ARI insights system will offer fleets access to real-time authorization data and new features that will provide greater levels of control and flexibility
ARI® announces the introduction of a revolutionary new tool for managing fuel expenses: the WEX Millennium Platform. With access to real-time authorization data, increased control over transactions, and the ability to create multiple fuel profiles with different parameters, the new platform offers organizations greater clarity into their fuel expenses and enhanced control over their fuel spend.
“ARI is proud to be the first fleet management company to integrate with WEX on this new platform,” said Frank Carbone, vice president of global product management. “This new platform will empower our clients and provide them with the data, insight and tools they need to meaningfully manage their fuel expenses.”
The platform will be fully integrated with ARI insights and offer a series of system enhancements. First among them is the ability to create flexible card profiles with different parameters. Companies can set daily, weekly, or monthly dollar transaction limits as well as limits based on the time of day. Companies can also set limits based on product categories. Restrictions limiting use to outside payment terminals and the ability to shut off a fuel pump after a set dollar amount add to the features that will help organizations manage expenses.
The platform also provides access to real-time authorization data and empowers companies to temporarily move a card to a temporary profile that can help if a driver is stuck at a station with a pump that has exceeded transaction or dollar limits. Additionally, the new system allows for the transfer of cards across profiles, which can also be helpful in emergency situations. This kind of flexibility will help companies manage their fuel transactions more efficiently.
Current clients on the WEX Classic platform will transition to Millennium when their fuel cards are up for renewal.