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WEX Inc. Announces ClearView Snap—Its Latest Data Platform—at NAFA Institute & Expo 2018

SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Apr. 24, 2018-- WEX Inc., a leading provider of corporate payment solutions, today announced the next evolution of ClearView, ClearView Snap, a data analytics platform that offers fleet managers and administrators quick and easy insights into fleet expenses—delivered right to their in-boxes.

ClearView Snap, the third member of the ClearView family, provides dashboard-based views in the form of easy-to-interpret charts and graphs. Snap provides a solution for smaller fleets, and joins ClearView Essentials, a powerful business intelligence and machine learning platform, as well as ClearView Advanced, which adds fuel price optimization and messaging and campaign management functionality.

The ClearView suite of products is a game changer, bringing the latest analytics technology to fleet management and reporting. ClearView Snap push reports highlight areas of risky behaviors, depict purchasing trends over time, and identify specific drivers who exhibit non-compliant behaviors, such as irregular spending.

“By flagging areas of concern, ClearView Snap will enable fleets to address mishaps at early stages, helping protect their businesses from potential losses and long term problems,” says Kurt Thearling, VP of Analytics for WEX. “We’re thrilled that we’ve been able to continue to enhance this powerful tool that has already provided ease of use and peace of mind to our customers.”

WEX partnered with its customers to pilot ClearView Snap, gathering feedback and input into what fleet managers and operators need from their reporting tools. WEX will begin incorporating ClearView Snap into its entire suite of fleet industry products beginning in June. For more information, please visit WEX at booth 601, or go to: www.wexinc.com/clearview.

About WEX Inc.

Powered by the belief that complex payment systems can be made simple, WEX (NYSE:WEX) is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through more than 3,000 associates around the world. WEX fleet cards offer 11.3 million vehicles exceptional payment security and control; purchase volume in its travel and corporate solutions grew to $7.4 billion in 2017; and the WEX Health financial technology platform helps 300,000 employers and more than 25 million consumers better manage healthcare expenses. For more information, visit www.wexinc.com.

Source: WEX Inc.

WEX Inc.
Rob Gould, 207-523-7429
Robert.Gould@wexinc.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding WEX Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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