#United States #New York #fleet management #Coast #expense solutions

Coast's All-In-One Solution for Fleet Businesses

In a major leap for fleet management, Coast has unveiled its new corporate card and expense management platform designed exclusively for companies operating vehicle fleets. This innovative solution aims to streamline how businesses manage their fuel, employee, and vendor expenses within a single, cohesive system. The platform is now accessible to all Coast customers at no extra cost, positioning Coast as the first comprehensive service of its kind in the market.

Historically, corporate cards have been primarily tailored for office-based professionals, failing to cater to the unique needs of mobile teams and those involved in field operations. Daniel Simon, CEO of Coast, points out that most existing solutions do not accommodate the complexities of real-world field operations. With its new offering, Coast is equipped to address the distinctive requirements of businesses in sectors such as construction, specialty transportation, HVAC, and pest control, among others.

Despite the growing sophistication of expense management tools in office settings, many companies in the construction and trades sectors have remained tethered to outdated practices. According to a survey conducted by Coast in April 2025, a staggering 53% of fleet businesses still depend on traditional expense reports, while 42% reported taking more than six days to reconcile their books each month. These inefficiencies lead to lost receipts, lack of compliance, overspending, and extended hours of work for finance teams.

In response to these challenges, Coast's expense management solution is designed to unify various spending types into a singular platform. Key features include mobile receipt capture, direct integrations with major accounting software like QuickBooks and NetSuite, virtual cards for vendor transactions, and customizable spending controls, which position Coast's platform as a crucial tool for modern businesses.

Preceding this official rollout, Coast conducted a pilot program with select existing customers. The results were impressive, resulting in an overall reduction in card spending by 10%, a savings of 1.5 days per month on reconciliation processes, and a remarkable 19% improvement in the collection of receipts. Emilio Solis, Accounting Manager at FC Traffic Control, praised the tailored approach: "The Coast team didn't just provide a tool; they actively collaborated with us to automate our accounting and customize the platform to suit our specific needs. Now, all our receipts and job codes are managed from one place."

The introduction of Coast's all-in-one corporate card and expense management platform marks a significant evolution in the way fleet businesses can optimize their financial operations. With no additional costs and the absence of setup fees, Coast is making modern, efficient financial solutions accessible to a wider range of clients.

For those looking to streamline their fleet management and expense processes, Coast invites you to learn more about the platform at coastpay.com/expense-management.

About Coast

Coast is revolutionizing the B2B card payment landscape in the United States, primarily focusing on the needs of the 500,000 commercial fleets and over 40 million commercial vehicles across the nation. As a forward-thinking financial platform, Coast is committed to delivering modern digital payment solutions that are both affordable and transparent for the diverse array of businesses that rely on fleet operations. Under the leadership of Daniel Simon, who co-founded the successful digital payments platform Bread, Coast aims to redefine how companies conduct their business in one of the largest industry sectors in the country. For more information, please visit coastpay.com.