Companies are constantly looking for ways to attract and retain talented employees in the ever-changing business landscape. While employee compensation often receives a lot of attention in conversations about employee retention, employees consider employer benefits to be equally important. With … Read More
AutoReimbursement.com’s Mileage Tracker: MileIQ
AutoReimbursement.com (ARC) believes that tracking mileage and managing reimbursement for your mobile workforce should be easy. Thats why we have partnered with MileIQ to provide a reliable mileage tracker, that seamlessly works with ARC. MileIQ has been a trusted partner … Read More
Payment solutions for your AutoReimbursement.com program
Managing a fleet of drivers on the road can be a labor-intensive task, from managing liability to ensuring that drivers on reimbursement are paid accurately. However, AutoReimbursement.com’s (ARC) approach to managing your mobile employees streamlines the process, using automation built … Read More
Mileage Tracker Options at AutoReimbursement.com
At AutoReimbursment.com, we offer our clients the flexibility of three different mileage expense entry methods to support your vehicle reimbursement solution. Mileage entry is often at the heart of any vehicle reimbursement program. Regardless of your company’s reimbursement program, IRS … Read More
Why move from company-owned vehicles to reimbursement?
Traditional company-owned vehicles, or fleet programs, have been central to employee travel for decades. However, with the recent push to contain company expenses and find new efficiencies, AutoReimbursement.com has noticed a rise in demand in transitioning out of company-owned vehicles … Read More
The Power of Cost Center Reporting in Vehicle Reimbursement
Employee travel and vehicle reimbursement represent a significant expenditure for companies with employees on the road, often ranking as the second largest expense. That said, managing this area can introduce uncertainties in cashflows and expense control. To address this challenge … Read More
AutoReimbursement.com Recognized as Top 50 Admired Companies to Watch 2023 by CIO Bulletin
“ARC is the only program to provide cost of ownership down to 44,000 zip codes for vehicle depreciation, insurance tax, and registration in the FAVR program.” A Fixed and Variable Rate (FAVR) Reimbursement program, which is IRS approved, lets your … Read More
Vehicle Reimbursement Program Comparison Guide
For many companies, every year brings new initiatives, goals, and provides time to re-align themselves to their desired company culture. Furthermore, as the Federal Reserve raises interest rates to the 15-year high, and operating costs continues to increase, it may be an … Read More
Why is accurate insurance data needed for vehicle reimbursement program?
It may appear rudimentary when looking at the different ingredients that go into vehicle reimbursement for companies with drivers on the road. Depending on the reimbursement type (car allowance, cents per mile, or FAVR program), it is commonly mistaken that … Read More
IRS Announces 2023 Mileage Rates
The Internal Revenue Service has announced new mileage rates for 2023 for use in calculating reimbursements or deductions for tax purposes: Business use: 65.5 cents a mile, up from 62.5 cents a mile from the 2022 mid-year increase. Medical use: … Read More