Read this online guide to find out the benefits of a vehicle reimbursement program. Topics include employee mileage and corporate reimbursement services. For more info, visit http://www.cardataconsultants.com/
2. Introduction
Many companies provide cars for their employees. If you are doing
it, did you know there was an interesting alternative to company
provided vehicles?
Maybe you should consider a car reimbursement program. Such a
program is easy to put in place, and can bring many advantages to
your company, and to your employees.
3. Save time and money
Providing company cars can be a waste of time and money. Companies
that opt for a car reimbursement program will save money and time,
since the program provider will take care of everything for them.
A consultation with a car reimbursement program provider can let you
know how much you could save, so you can see for yourself if making
the change is worth it.
4. Reduce risks
When you provide cars for your employees, you assume full liability in
the case of an accident. And you never know when your employees'
friends or family members could be driving your cars.
With a car reimbursement program, there is a clear distinction between
the time the vehicles of your employees are driven for business, and for
personal use.
5. Easy online access for you
A car reimbursement program with an online access will make everything
easier for you, as you will quickly be able to see reimbursement reports
and updated rates.
Reimbursement will also be much faster with the opportunity to choose
electronic deposit directly into your employees' bank accounts, instead of
sending them checks.
6. Easy online access for your
employees
Employees will appreciate receiving faster payments, and they will be
happy to know that their reimbursement rates will be updated frequently,
to make sure they are getting a fair reimbursement.
Each employee will have easy access to his personal rates and mileage.
Some programs also include an online log for them to record the
distances they are traveling everyday.
7. Happier drivers
With a car reimbursement program, your employees get to use their own
vehicles instead of yours. This means they can choose the vehicle that
will best fit their lifestyle, their tastes and their budget.
Since car reimbursement programs are nontaxable, the full payments
they will receive from you will help them acquire and operate the vehicle
of their choice.
8. Fair reimbursements
Many factors can influence reimbursement rates, such as fuel prices,
local taxes and insurances. A good car reimbursement program provider
will pay close attention to these factors to suggest fair and accurate
reimbursements.
Fuel price is the factor that varies the most. Make sure your program
provider is able to frequently track changes in fuel prices all across North
America.
9. Conclusion
There are different companies out there that are ready to offer you a car
reimbursement program for your business. It's important for you to
choose the right one.
You can contact different providers for a no cost consultation, to have a
better idea of their services, and to be sure you are getting the most
benefits for you, your company and your employees.
10. To learn more about the benefits of a car reimbursement program, visit:
http://www.cardataconsultants.com/