Fleetcor Technologies Inc at Raymond James Institutional Investors Conference Transcript

Mar 07, 2022 / 04:00PM GMT
John Kimbrough Davis - Raymond James & Associates, Inc., Research Division - Research Analyst

All right. I think we're going to get started here. My name is John Davis. I'm the payments and fintech analyst here at Ray J. We're excited to have FLEETCOR CFO, Charles Freund, with us this morning to talk a little bit the FLEETCOR story. He's going to give a short presentation, and then we'll open up for Q&A. So with that, Charles?

Charles Richard Freund - FLEETCOR Technologies, Inc. - CFO & Company Secretary

Thanks, John. Thank you all for being here. As John mentioned, I'm Charles, CFO, since September 2020. I've been with the company for 21 years. So I'm going to tell you a little bit about our story. In case anyone wants to read that, dial in another time.

At our core, FLEETCOR is a spend management company. All we're trying to do is help companies reduce their spend. We do it in 2 ways. One is by enabling and controlling what's purchased. So think of this as expense management, right? Before purchase is made, it goes through an authorization

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