Coast
Coast offers a smart fuel card and expense management solution operating on the Visa network. It allows drivers to pay for fuel, parking, tolls, and maintenance anywhere Visa is accepted.
About Coast
Coast provides a comprehensive smart fuel card and expense management platform that leverages the widespread acceptance of the Visa network. This enables drivers to use the card for various expenses beyond just fuel, including tolls, parking fees, and vehicle maintenance. The platform is designed to give fleet managers granular control over spending through detailed driver and vehicle-specific controls and robust reporting capabilities. This integration simplifies expense tracking and enhances oversight for businesses managing vehicle fleets.
Key Features
Smart Fuel Card
Coast provides a physical and virtual Visa-backed fuel card that drivers can use anywhere Visa is accepted, ensuring broad acceptance for fuel purchases.
Expense Management Platform
The platform offers centralized control over spending, allowing administrators to set spending limits, track transactions in real-time, and automate expense reporting.
Real-Time Transaction Alerts
Users receive instant notifications for every transaction made with the Coast card, enabling immediate fraud detection and better oversight of driver spending.
Integrated Receipt Capture
Drivers can easily capture and attach digital receipts to their transactions directly within the mobile app, streamlining the reconciliation process.
Fleet Maintenance Tracking
Beyond fuel, the system tracks and manages expenses related to vehicle maintenance and tolls, providing a holistic view of fleet operational costs.
Use Cases
Managing Fleet Fuel Expenses
Companies with vehicle fleets can use Coast to provide drivers with dedicated cards for fuel purchases while maintaining strict control over spending limits and tracking usage in real-time.
Simplifying Employee Expense Reporting
Employees who incur business-related expenses (like parking or tolls) can use the card and instantly upload receipts through the app, eliminating manual paperwork for expense reports.
Gaining Visibility into Operational Spending
Administrators can use the centralized dashboard to see exactly where and when company funds are being spent across the entire organization, not just on fuel.
Controlling Spending Across Distributed Teams
For businesses with remote or traveling employees, Coast allows setting granular controls on individual cards, ensuring cards are only used for approved categories and amounts.
Automating Reconciliation for Accounting
By integrating transaction data with receipt capture, accounting teams can significantly reduce the time spent manually reconciling expenses at the end of the month.
Frequently Asked Questions
Is the Coast card accepted everywhere?
Yes, the Coast card operates on the Visa network, meaning it can be used anywhere Visa is accepted for fuel, parking, tolls, and maintenance.
How does Coast help prevent misuse of funds?
Coast allows administrators to set specific spending controls, such as daily limits, merchant categories, and transaction types, providing real-time oversight to prevent unauthorized spending.
Is there a mobile app for drivers?
Yes, Coast offers a mobile application that allows drivers to make purchases, capture receipts instantly, and view their transaction history.
What types of expenses can be tracked besides fuel?
In addition to fuel, the platform is designed to track and manage expenses related to parking, tolls, and general vehicle maintenance.
How is pricing determined for Coast?
Coast typically works with businesses to structure a pricing plan based on the size of their fleet or the volume of transactions, requiring direct contact for a tailored quote.