Motus One Pagers

Small & Medium Business: Business Vehicle 101 Guide

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CONCLUSION Most organizations begin searching for a new business vehicle program due to cost or risk concerns. Companies may know they're spending too much, but don't know exactly why. Taking a critical look at your current business vehicle program, and your employees' needs, can unlock cost savings and efficiencies without needing to reinvent your organization. Consulting with a business vehicle solution provider can help your company identify hidden costs in existing reimbursement methods and find the right solution for your organization. Working with a third party grants your company the expertise to implement a new program seamlessly, and the flexibility you need to move employees easily between reimbursement programs as your needs change. It's important to choose a plan not only based on administrative ease of use, but also total cost to your organization. While an allowance program might be easy to administer, it could cost your company more in the long run. The right business vehicle program doesn't only help your organization's bottom line, it can help mitigate risk and provide value. A FAVR program minimizes the chance and fallout of safety issues, unpredictable travel costs and regulatory noncompliance. Complicated. Time-consuming. Wasteful. If your current business vehicle program brings any of these terms to mind, it's time for a change. By mastering the basics of business vehicle programs and landing on the right structure, managing your business vehicles can be simple, efficient and valuable to the entire organization. CHECK OUT OUR WEBINAR ABOUT MOTUS Motus is the definitive leader in solutions for businesses with mobile-enabled workforces. Motus simplifies reimbursement and management of mileage, mobile devices and remote work with proprietary software that calculates personalized reimbursements for each employee, while improving employee productivity, reducing overall mobility costs and supporting our customers' tax and labor law compliance programs. The company's unmatched living cost data, refined over more than 80 years and updated in real time, has made Motus the leading provider of mobile workforce management solutions for top Fortune 500 companies. Motus automotive 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 or connect with us on Twitter, Facebook, Instagram or LinkedIn. Interested in learning more about vehicle programs that might best serve your business? Join our webinar for in-depth examples and information.

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