Cost Savings
The costs for providing, maintaining and administering a company owned or leased car program go far beyond the monthly lease payments or bank fees. In most instances, offering company provided cars is significantly more expensive than offering the equivalent reimbursements through CRS. We have an effective tool for companies to use, free of charge, to run a cost comparison between these two program options. This enables a company to identify exactly how much of an annual savings can be realized while determining which program best meets its objectives. (more info)
Reduced Risk and Liability Exposure
When an employer provides an employee with a company owned or leased vehicle, the employer assumes 100% liability for that vehicle at all times. There is no distinction between "business" and "non-business" use in the case of an accident involving liability claims. Our in-house Risk Management Team is available to provide expert guidance on how a company can manage the risks associated with mobile employees.
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Ease of Administration
We manage the entire program, beginning with the initial transition and program training. We ensure on-going driver compliance, update Driver Reimbursement Schedules as needed, and can even reimburse your drivers via direct deposit. This frees up our clients' internal resources and enables them to focus on their core business. (more info)