{"id":3310,"date":"2023-08-20T13:56:22","date_gmt":"2023-08-20T11:56:22","guid":{"rendered":"https:\/\/petroappeg.com\/?p=3310"},"modified":"2023-08-20T13:56:22","modified_gmt":"2023-08-20T11:56:22","slug":"target-egypt-group","status":"publish","type":"post","link":"https:\/\/petroapp.com\/thailand\/en\/2023\/08\/20\/target-egypt-group\/","title":{"rendered":"Target Egypt Group"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3310\" class=\"elementor elementor-3310\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1489f32 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1489f32\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5c836f9\" data-id=\"5c836f9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5eed84 elementor-widget elementor-widget-video\" data-id=\"e5eed84\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/KgqQum8dvxk&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 26-06-2024 *\/\n.elementor-widget-video .elementor-widget-container{overflow:hidden;transform:translateZ(0)}.elementor-widget-video .elementor-wrapper{aspect-ratio:var(--video-aspect-ratio)}.elementor-widget-video .elementor-wrapper iframe,.elementor-widget-video .elementor-wrapper video{height:100%;width:100%;display:flex;border:none;background-color:#000}@supports not (aspect-ratio:1\/1){.elementor-widget-video .elementor-wrapper{position:relative;overflow:hidden;height:0;padding-bottom:calc(100% \/ var(--video-aspect-ratio))}.elementor-widget-video .elementor-wrapper iframe,.elementor-widget-video .elementor-wrapper video{position:absolute;top:0;right:0;bottom:0;left:0}}.elementor-widget-video .elementor-open-inline .elementor-custom-embed-image-overlay{position:absolute;top:0;right:0;bottom:0;left:0;background-size:cover;background-position:50%}.elementor-widget-video .elementor-custom-embed-image-overlay{cursor:pointer;text-align:center}.elementor-widget-video .elementor-custom-embed-image-overlay:hover .elementor-custom-embed-play i{opacity:1}.elementor-widget-video .elementor-custom-embed-image-overlay img{display:block;width:100%;aspect-ratio:var(--video-aspect-ratio);-o-object-fit:cover;object-fit:cover;-o-object-position:center center;object-position:center center}@supports not (aspect-ratio:1\/1){.elementor-widget-video .elementor-custom-embed-image-overlay{position:relative;overflow:hidden;height:0;padding-bottom:calc(100% \/ var(--video-aspect-ratio))}.elementor-widget-video .elementor-custom-embed-image-overlay img{position:absolute;top:0;right:0;bottom:0;left:0}}.elementor-widget-video .e-hosted-video .elementor-video{-o-object-fit:cover;object-fit:cover}.e-con-inner>.elementor-widget-video,.e-con>.elementor-widget-video{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ccba0b elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ccba0b\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c73a12\" data-id=\"7c73a12\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-419a02a elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"419a02a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.22.0 - 26-06-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h4><span style=\"color: #000000;\">Overview<\/span><\/h4><p><span style=\"font-weight: 400; color: #000000;\">Target Egypt Group is a leading money transfer company in Egypt, they have been present since 2007 and they have about 13 branches. Target owns a fleet of around 300 vehicles that travel extensively across the country. Moreover, the company faced challenges in managing fuel consumption and costs, which were rapidly increasing due to over-consumption, fuel theft, and fraudulent activities by employees.<\/span><\/p><p><span style=\"font-weight: 400; color: #000000;\">To address these challenges, the company implemented <a href=\"https:\/\/petroappeg.com\/\">PetroApp<\/a>, an innovative electronic system that enables companies to reduce fleet fuel consumption and control it by installing an electronic NFC chip, for each vehicle, as the only identifier of the company and for the car at the gas station.<\/span><\/p><h4>Fuel consumption challenges<\/h4><p><span style=\"font-weight: 400; color: #000000;\">Before implementing PetroApp, Target Egypt Group faced several challenges that affected its fuel budget and company\u2019s overall productivity, including:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li style=\"text-align: left;\"><span style=\"font-weight: 400; color: #000000;\"><strong>Over-consumption:<\/strong> The company manually monitored the fuel consumption of each vehicle in the fleet. Thus, more than one accountant was assigned to each branch to track consumption manually, which resulted in less accuracy and consumed more time. In addition, the company was unable to track and determine fuel consumption based on the number of kilometers traveled by each vehicle, which led to an increase in <a href=\"https:\/\/petroappeg.com\/2023\/06\/20\/10-effective-ways-to-reduce-fuel-consumption\/\">excessive consumption<\/a> and wastage of fuel.<\/span><\/li><li><span style=\"font-weight: 400; color: #000000;\"><strong>Fuel Fraud:<\/strong> The company experienced frequent cases of fuel fraud, where drivers would withdraw fuel from their vehicles for personal use.<\/span><\/li><li><span style=\"font-weight: 400; color: #000000;\"><strong>Paperwork Hassle:<\/strong> The company was experiencing difficulties and immense pressure with paper-based work and paper invoices, which was putting pressure on employees to review and enter all of these invoices into the system manually.<\/span><\/li><li><span style=\"font-weight: 400; color: #000000;\"><strong>Uploading invoices on the tax portal:<\/strong> Due to the conversion of traditional invoices into electronic invoices, Target was suffering from the possibility of issuing electronic invoices and submitting them on the tax portal on a monthly basis.<\/span><\/li><\/ul><\/li><\/ul><h4>Solutions to Control Gasoline Consumption<\/h4><p><span style=\"font-weight: 400; color: #000000;\">To address these challenges, Target Company implemented PetroApp, a smart electronic system that enables companies to reduce fleet fuel consumption and control it by installing an electronic NFC chip for each vehicle as the only identifier of the company and for the car at the gas station. PetroApp Egypt has helped the company in more than one way:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"font-weight: 400; color: #000000;\">The system enabled the company to set and distribute the fuel budget for each branch and each vehicle easily and monitor the fuel consumption of each vehicle in real-time, which put an end to fuel over-consumption and waste.<\/span><\/li><li><span style=\"font-weight: 400; color: #000000;\">The electronic NFC chip also prevented fuel theft and fraudulent activities by ensuring that fuel was only dispensed to authorized vehicles.<\/span><\/li><li><span style=\"font-weight: 400; color: #000000;\">Also, the ease of transferring the fleet data from the PetroApp system to the company&#8217;s system saved a lot of time and effort.<\/span><\/li><li><span style=\"font-weight: 400; color: #000000;\">Moreover, PetroApp helped Target get rid of paperwork, submit electronic invoices, and upload them to the tax portal on a monthly basis with ease.<\/span><\/li><\/ul><\/li><\/ul><h4>Results after using PetroApp<\/h4><p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">After implementing PetroApp Egypt, Target was able to reduce its fuel budget which was approximately <\/span><strong>1100000<\/strong><b> EGP<\/b><span style=\"font-weight: 400;\"> monthly, resulting in a savings of <\/span><b>15% to 20%<\/b><span style=\"font-weight: 400;\">. The company achieved this through a combination of reduced fuel consumption and prevention of fuel theft and fraudulent activities.<\/span><\/span><\/p><h4><span style=\"color: #000000;\">Conclusion<\/span><\/h4><p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">To conclude, Target Company was able to reduce its fuel budget by <\/span><b>15% to 20%<\/b><span style=\"font-weight: 400;\"> after using PetroApp system for more than a year. PetroApp is a smart electronic system that enabled the company to monitor fuel consumption, prevent fuel theft, and fraudulent activities, and streamline the fuel filling process. The company achieved significant cost savings, which quickly offset the system&#8217;s cost. PetroApp proved to be a valuable asset in controlling the company&#8217;s fuel budget and eliminating over-consumption and fraud, as well as helping the company save time and effort.<\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Having around 13 branches in Egypt, Target Egypt Group needed an innovative solution to manage their fleet and control fuel consumption. 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