Regardless if dynamic, reference table, or distance based. With Fastfloat you can automate all your client's fuel floaters. Save on FTE workload and focus on things that matter.
We cover over 100 different fuel indexes, including all 27 countries reported by the EU Bulletin
We're adding new indexes all the time, so if you don't see what you need, tell us and we'll see what we can do.
Create fully automated fuel policies with just a few clicks ...
Create a self-updating policy by answering a few simple questions in our 'Policy Wizard' or just enter the parameters you use already in our 'Create policy form'. Once created, that's it. We take care of getting the fuel prices and running the calculations automatically, so you never have to worry about copying a figure from a website or running a calculation in Excel again. We support all the major European fuel prices and indexes and almost any policy structure you can imagine.
Say goodbye to being bombarded by emails from suppliers ...
It's as easy as sharing a link - your suppliers will see full details of the current invoice adjustment and policy details in a beautifully simple format, updated as soon as the official information is published. Want to limit access to only approved suppliers? No problem! Control who can see the policies through the 'approved supplier' function.
Forecast your future spending or brokerage revenue ...
Freedom to create policies that actually do what they're designed to do ...
No one knows for sure where fuel prices are heading, but there's huge money traded in the markets trying to predict it and a market consensus view on where prices are headed. We leverage data from the key Diesel and Crude Oil futures markets alongside our proprietary algorithm to provide a daily prediction of where each index is going to be over the next 18 months, allowing you to make the most accurate forecasts of your logistics spending or evaluate future.
Everything is fully automated, so you no longer need to limit yourself to a single fuel policy to make the admin side easier. Create separate policies by country, by truck type, by distance, by supplier. It's as easy as changing one or two parameters and sending out the policy link. It means that fuel policies can actually do what they're designed to do - fairly compensate for changes in the price of fuel.
Meet the Team
We started FastFloat after experiencing first hand how manual, error-prone and confusing the whole Fuel Surcharge process was for a typical European Shipper or Carrier.
We're looking to leverage technology to re-imagine the way Fuel Surcharges work, ensuring that the policies are fair, transparent and work seamlessly for all parties.
