Tag: company provided vehicles

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man with laptop near damaged vehicle evoking fleet vehicle insurance
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Mobile Workforce Vehicle Reimbursement

Fleet Vehicle Insurance: What to Know about Insuring Company Cars

Motus on September 24, 2024

Businesses rely on employees who drive for work, whether they’re selling, transporting goods, performing services, etc. Many companies provide these drivers with company vehicles for business-use. More company cars mean…

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woman in dealership evoking CDK Global outage
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Mobile Workforce Vehicle Reimbursement

CDK Global Outage: How Dealership Cyberattacks Can Impact Your Business

Motus on July 17, 2024

Cyber-attacks. Data breaches. It seems like every other week there’s another company or industry targeted by malicious hacks. Each of these has implications for consumers at these companies and in…

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fleet vehicles
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Mobile Workforce Vehicle Reimbursement

Fleet Vehicles: More Than a Fleeting Expense

Motus on June 20, 2024

Of the four major vehicle programs, company-provided vehicle programs make up a significant number. According recent benchmarks, they were the second most popular. A company-provided vehicle program is simple: the…

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line of vans evoking fleet vehicle
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Mobile Workforce Vehicle Reimbursement

4 Reasons Why a Fleet Vehicle Program May Be Right for You

Motus on May 28, 2024

Employers have several program options for providing for their driving employees, but it comes down to two main categories: offering company-provided vehicles (fleets) or reimbursing employees for the business use…

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personal use of company vehicles
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Mobile Workforce Vehicle Reimbursement

Personal Use of Company Vehicles: Three Reasons to Reconsider Your Fleet

Motus on May 14, 2024

Personal use of company vehicles is standard practice for most businesses with a fleet of vehicles for driving employees. In fact, it’s generally presented as a perk. Why purchase and…

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company vehicle fuel policy
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Mobile Workforce Vehicle Reimbursement

Company Vehicle Fuel Policy: How Is Your Business Managing Fuel Spend? 

Motus on February 13, 2024

Company-provided vehicles require considerable management and capital. In recent posts we’ve covered the expenses of fleet vehicle maintenance, fleet accident management and when to replace fleet vehicles. We even did a post on…

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importance of employee benefits
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Company Culture Mobile Workforce Vehicle Reimbursement

The Importance of Employee Benefits: Going Beyond Traditional Compensation Packages 

Jessica Chronchio on November 2, 2023

Employers searching for top talent are realizing the importance of employee benefits. Most businesses know the importance of health insurance and wellness programs, 401k matches and paid time off. But…

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ASC 842 compliance
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Industry Trends Mobile Workforce

Is Your Company’s Lease Accounting Process Compliant with ASC 842?

Greg Heller on April 25, 2019

ASC 842 Compliance and Your Vehicle Program Lease accounting used to be a Wild West of off book expenses. The culprit? A loophole in the Generally Accepted Accounting Principles (GAAP)…

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