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Your Company’s Idle Vehicle Problem and Potential Solutions Guide

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When it comes time to ramp back up, consider your process. Are you growing in a way that prepares your company for any possibility? Explore the possibility of a fixed and variable reimbursement (FAVR) program. While car allowances are taxable and mileage reimbursement can create winners and losers, FAVR reimbursements are geographically specific and by design adapt to any economic situation. When you reimburse your mobile workforce for the business use of their personal vehicles, you find cost savings that simply don't exist with other vehicle programs. Only FAVR programs can be scaled up and down at will while automatically adjusting for volatile costs like fuel prices. Aside from looking into vehicle programs beyond fleet, consider going 'smart'. A great start would be implementing technology that helps your company stay on top of your mobile workforces' mileage and productivity. There are multiple benefits to mileage capture. Fleet drivers can use it for more accurate personal use tracking. People in reimbursement programs can automatically create IRS compliant mileage logs. Reporting mileage is a breeze for everyone using technology to their advantage. To learn more about the Fixed and Variable Rate Program, find it here. LEARN MORE ABOUT MOTUS Motus is the definitive leader in solutions for businesses with mobile-enabled workers and fleets of any size. The Motus technology platform simplifies both mileage and mobile device reimbursement with proprietary software that calculates personalized and compliant reimbursements for each employee, while improving employee productivity and reducing the overall costs of mobility. The company's data, captured and analyzed across the world's largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on Twitter, Facebook, Instagram or LinkedIn.

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