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Reimbursement

Wheels Earns IT Award for Reimbursement Tech

International Data Group's CIO has named Wheels, Inc. as a recipient of the 2017 CIO 100 award that recognizes 100 organizations around the world that have distinguished themselves by creating business value through the effective and innovative use of information technology.

Types of Driver Reimbursement

There are four types of driver reimbursement models: IRS business mileage reimbursement rate, a fixed allowance, the Fixed and Variable Reimbursement Rate (FAVR), and a hybrid model that uses the FAVR guidelines but delivers the driver payment in a cents-per-mile model.

Driver Reimbursement Perks and Pitfalls

While fleets typically gravitate toward company provided models, there are legitimate reasons they might want to consider utilizing a reimbursement program. However, there are a number of caveats fleets should consider.

How to Deal With Arbitrary Management Edicts

Fleet managers often must deal with a number of so-called “vehicle experts” within the company, sometimes including those who hold senior management positions. Here’s how to deal with the unrealistic ideas they propose.

Best Practices in Executive Fleet Management

While executive fleets are small in size compared to the rest of a company’s fleet, they present opportunities and challenges. Despite these challenges, executive vehicles still have a place in today’s operational landscape.

Putting the Brakes on Poor Mileage Reporting

While expense fraud related to mileage is often unintentional, whether it’s deliberate or not it can cost companies with fleets millions of dollars in overpayments. The good news is there are simple ways to combat it.

Charting Personal Use Charges

Personal-use charges reached $132, which represented a steady increase from $112 five years ago according to Automotive Fleet's annual survey. Read the full story here. Charts by Armie Bautista.