WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that it has been selected to provide its full suite of corporate payments solutions to ServiceMaster Global Holdings Inc. Through this agreement, all corporate and participating franchise vehicles within ServiceMaster’s network of well-recognized brands including Terminix and Merry Maids, with an estimated fleet size of 6,600, will utilize WEX’s fleet, virtual and analytics solutions.
“It’s a great honor for WEX to have been selected by ServiceMaster as its business-to-business payments solution provider of choice,” said Bill Cooper, vice president of customer acquisition at WEX. “Our customer service model and sophisticated and precise technology will play a critical role in helping ServiceMaster run its business more efficiently, effectively and securely.”
In addition, ServiceMaster will be leveraging WEX’s analytics platform to easily analyze large quantities of driver and vehicle data and better understand fleet activity. These analytic capabilities will allow ServiceMaster to quickly identify and understand short- and long-term purchasing trends, review performance benchmarks, and identify exceptions to fuel purchase policies. Ultimately, the WEX Fleet analytics platform will allow ServiceMaster to better manage its fleet and generate measurable cost savings.