Vehicle Reimbursement Program
October 30, 08 by adminHaving a fleet of vehicles requires a significant investment (funds are tied up) in time and human resources. In addition, many companies pay a third party fleet provider to assist with the acquisition and administration of their fleet program and pay more. It is in this milieu that Vehicle Reimbursement program is one of the best options for companies with mobile employees.
Company incurred expensive various disbursements in this kind of set up like in gasoline, manpower and car maintenance. Due to that, most of the company cars were sold under a salary deduction scheme to interested employees to get rid of the expenses and just maintained 2. For personally owned Car allowance, the company just provided a fixed monthly gasoline allowance.
Corporate Reimbursement Services, Inc., a Vehicle reimbursement company, deals with the kind of company operation stated above. It is a management consulting firm that handles highly flexible and customizable vehicle reimbursement programs for companies with mobile employees. It has a unique program that calculates a fair, accurate and defensible reimbursement rate reflecting geographic cost variances, territory conditions and the actual number of business miles driven.
Their services give cost savings, reduced risk and liability exposure, and ease of administration. It provides benefits and advantage both for the company and the individual driver too. If you are looking for this kind of service, check out crsinc.com.
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