Raceed · Fleet expense management

Every riyal your fleet spends, under control.

Every fuel and service transaction checked against its card limits at the moment of the tap.

Request a Demo

Tell us about your operation. A specialist will get back to you to arrange a demo.

All products
Category
Fleet expense-management platform
Built for
Saudi businesses running vehicle fleets
Pairs with IoT Cube for
Fuel volume and station location checked against the vehicle
Raceed logoFleet expense management

/ The problem /

Why Raceed exists.

Drivers pay cash and hand in receipts. Finance sees the total six weeks later and cannot tell a 60 litre tank fill from a 60 litre fill plus a jerry can.

Fleet expense management with NFC fleet cards, spend controls, analytics and fraud detection.

/ What it does /

Inside Raceed.

NFC fleet cards with live controls

Each vehicle or driver gets an NFC fleet card. Set limits by amount, category, time and location, and change them in real time when plans change.

Real-time transaction visibility

Every transaction appears as it happens, with vehicle, driver, station and amount, rather than on a statement weeks later.

Fraud detection

Unusual transactions, such as fuel volumes beyond tank capacity or spend far from the vehicle’s location, are flagged for review.

Spend analytics

Break down spend by vehicle, driver, site and category, and compare periods to see where costs are rising.

Approvals and exceptions

Out-of-policy requests go to a manager for approval, so drivers are not stranded and policy is not bypassed.

Finance-ready records

Transactions are categorised and exportable for accounting, designed with ZATCA e-invoicing requirements in mind.

/ How it works /

From first login to everyday habit.

  1. 1

    Issue cards

    Assign NFC fleet cards to vehicles or drivers and link them to the right cost centres.

  2. 2

    Set controls

    Define spend limits, allowed categories, times and locations for each card or group.

  3. 3

    Spend and monitor

    Transactions are checked against controls in real time, with suspicious ones flagged.

  4. 4

    Analyse and reconcile

    Finance reviews analytics and exports clean records, without chasing paper receipts.

/ Who uses it /

Built around the people who carry the load.

Finance manager

“What did the fleet actually spend this week, and on what?”

  • Every transaction visible in real time.
  • Spend broken down by vehicle and cost centre.
  • Records ready for accounting, no receipts to chase.

Fleet manager

“How do I stop fuel misuse without slowing drivers down?”

  • Limits by vehicle, driver, time and location.
  • Suspicious transactions flagged for review.
  • Quick approvals for genuine exceptions.

Driver

“How do I pay for fuel without using my own money?”

  • Tap an NFC fleet card at the station.
  • No cash or receipts to keep.
  • Request more budget from the app if needed.

/ Integrations /

Connects to what you already run.

Vehicle data

  • Telematics via tracking.me
  • Fuel-level sensors
  • Odometer readings
  • GPS trackers

Services

  • Fuel stations
  • On-demand car care via Gorex
  • Vehicle service providers
  • Logistics platforms such as Shipr

Business systems

  • ERP such as SAP or Dynamics
  • Accounting systems
  • E-invoicing workflows
  • REST APIs and webhooks

/ What it inherits /

What Raceed gets from the platform.

Raceed is a product with its own customers. Underneath, it stands on the same foundation as every other product in the family.

01

Raceed

Fleet expense management

  • NFC fleet cards with live controls
  • Real-time transaction visibility
  • Fraud detection
  • Spend analytics
02

Sovereign hosting

Data resident in the Kingdom

  • In-Kingdom data residency
  • Private cloud or on-site option
  • Encrypted in transit and at rest
03

Neutral by design

No lock-in underneath

  • Any device brand
  • Any Saudi carrier
  • Any approved AI model
04

IoT Cube foundation

Solved once, shared by every product

  • Asset & identity record
  • Multi-tenancy
  • Rules & alerting engine
  • Role-based access & audit
  • Open APIs & webhooks

/ Security & sovereignty /

Where your data lives, and who can reach it.

  • In-Kingdom residency
  • Built to national controls
  • Isolated by tenant
  • Your cloud or site
Read the data residency statement

/ Questions /

Frequently asked.

Each card uses NFC and is linked to a vehicle or driver. Spend is checked against the controls you set at the moment of the transaction.

See Raceed with your own data.

A working session with the Raceed team, using a sample of your operation rather than a scripted demo.

Request a Demo of Raceed

Tell us about your operation. A specialist will get back to you to arrange a demo.

Chat on WhatsApp