Case Study: Home-Tech cuts checks 40%, saves on fleet fuel and earns 1% cash back with Edenred Pay

Service company capitalizes on modern payment solutions with CSI's suite of products

Home-Tech, a regional service company with a fleet of 75+ service vehicles, needed a better way to manage rising fuel costs and streamline vendor payments. Seeking a fuel card solution and improved payment automation, Home-Tech adopted Edenred Pay’s suite of products, including a global-fleet fuel card, Edenred Pay Paysystems for electronic accounts payable and virtual cards, and a corporate P-card to replace manual plastic-card payments.

Edenred Pay implemented virtual card payments and fleet fueling tools that automated payables, generated unique card numbers per vendor for easy reconciliation, and provided real-time fuel pricing via a Smart Buy app. As a result, Home-Tech moved 50% of payables to Edenred Pay Paysystems, reduced checks written by 40% in six months, earned 1% cash back, captured $301,005 in spend over four months (yielding $3,010 in rebates and $3,442 total four-month program return), and an estimated annual return of $10,325.

Home-Tech

Sonya Sawyer

Chief Financial Officer