WELCOME TO WEX. Chris McVetty

Transcription

1 WELCOME TO WEX. Chris McVetty

2 WHAT WE DO FLEET We simplify corporate payments around the world. HEALTHCAR E TRAVEL 2

3 WEX BY THE NUMBERS 2,000+ employees world-wide Offices in 10 countries $818M in revenue 9M fleet cards 20% of the 500 partners global travel 125,000 employer market groups 12M healthcare consumers 3

4 385 WEX Fleet Cards provide fleets of all sizes with the tools they need to manage their operations, reduce fraud, and enhance reporting. M 9.4 Fuel Transactions in 2014 M 382K Active Cards in

5 A closer look WEX S PROPRIETARY NETWORK allows for greater control over purchases WEX offers superior control over fleet transactions. We help fleets reduce the risk of fraud and misuse through advanced reporting, resulting in savings of up to 15%*. PURCHASE CONTROLS restrict what drivers can buy and where they can buy it *Actual savings may vary. 5

6 Enhanced Level III data who, what, when, where, and how much 6

7 Level III data drives your ability to manage your fleet 7

8 Online fleet management via your desktop and your devices pulls all the functionality together 8

9 Government Program 26 States 300K+ Federal Cards Issued 1M Tax Exempt Cards 6 Federal Agencies We bring knowledge and experience to the public sector at the federal, state, and local level The WEX Government Team: Strategic relationship managers In-depth industry and product knowledge On-going relationship support Sharing of best practices Internal oversight of delivery of service Your voice to the fleet and telematics industry Driving future product development on all of our products We re on the street NAFA, NCSFA, Fed Fleet, NIGP, NASPO, and other local tradeshows and events throughout the country 9

10 Federal Governme nt Current customers: GSA Fleet Department of Defense United States Department of Agriculture United States Treasury Department of Energy Amtrak Circulars, policies, even executive orders.if you ve read about it, we re focused on it Involved in SmartPay2 since it s start in 2008 Fleet card payment solutions for fuel and service Vehicle Telematics -Will be on GSA Schedule 70 for Telematics in 2015 Bulk fuel/private Site management solutions OMB Circular A-123 WEX system has advanced capabilities to monitor transactions and provide statistical reporting 10

11 Federal Governme nt Recent Executive Orders impacting federal agency fleet programs how WEX can help Improving the security of financial transactions Transitioning to payment systems that employ enhanced security features, including chip-and-pin technology Planning for Federal Sustainability Reduction in green-house gas emissions - WEX can report alternative fuels and utilization at the product code level. We also feed data to NREL Vehicle Telematics WEX is a re-seller Use of fleet management software WEX integrates with FMS systems Electric vehicle infrastructure and utilization - WEX is partnering in the industry to enable authorization and 11

12 Product Development WEX s Evolving Payment Network Magnetic Stripe Card Transactions Easier Merchant Adoption Advanced Magnetic stripe functions OTR Functions Flexible Prompting Flexible Prompting Pump Shut off Dollar & Velocity Controls by Product Class Real Time Data Sales Completion Pump Shut off Dollar & Velocity Controls by Product Class Real Time Data Sales Completion Authorization Authorization Authorization WEX 1.2 ispec 2.02 ispec

13 PRODUCT DEVELOPMENT Clearview Fleet Analytics Platform Product Launch October

14 PRODUCT DEVELOPMENT Obtain detailed information into your organization s fleet card spend Easily view Key Performance Indicators, review purchases at the product-level, and identify high-spend drivers Clearview Fleet Analytics Platform Product Launch October Make comparisons such as year-over-year performance across key metrics and sideby-side evaluations of agencies, sub agencies, and individual locations View information across commonly utilized exceptions to quickly 14

15 And we re just getting started. 15