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Mileage Fraud: Too Common But Easy To Address

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To get serious about reducing mileage fraud, companies should first get serious about expense repor ng automa on. Fortunately, some of that groundwork has happened already. In fact, data monitoring and surprise audits resulted in just over 50% lower losses. Unfortunately, only 37% of vic m organiza ons put detec on systems into prac ce. 2 ABOUT MOTUS Motus is the defini ve expert in anywhere workforce solu ons. Its pla orm and proprietary so ware simplify the reimbursement and management of vehicle, device, work and living costs through personalized calcula ons. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real me, Motus is the pla orm of choice for top Fortune 500 companies and organiza ons commi ed to workplace agility. Motus automo ve 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 informa on please visit www.motus.com or connect with us on Twi er, Facebook, Instagram or LinkedIn. CURTAIL MILEAGE FRAUD WITH DEDICATED AUTOMATION However, not all T&E systems are created equal, or are up to the full challenges of modern business. In fact, many require upda ng or lack the depth one might see in consumer expense management solu ons. Developing more sophis cated expense repor ng capabili es, including support for automated fixed and variable rate reimbursements, is an important step. Modern solu ons designed specifically for the needs of today's mobile workforce can provide return on investment within just a few months. Taking ac on to eliminate mileage fraud can significantly reduce risk, improve accuracy and reduce delays in mobile employee reimbursement. Modern solu ons designed specifically for the needs of today's mobile workforce can PROVIDE RETURN ON INVESTMENT WITHIN JUST A FEW MONTHS 1 2020 State of Auto Insurance. The Zebra. h ps://www.thezebra.com/state-of-insurance/auto/2020 2 Employers' Health Costs Could Rise 6% in 2020. SHRM.h ps://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/2020-large- employer-health-costs-expected-to-rise.aspx

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