Company Allowance Program Efficiency
Providing, maintaining, and administering a company-owned or leased car program is more involved than making lease payments or dealing with bank financing. Providing company cars for employee use on and off the job is usually more expensive than offering the equivalent reimbursements through CRS. Our auto allowance programs offer an effective cost comparison tool for companies to use, free of charge. This enables a company to identify exactly how much of an annual savings can be realized while determining which auto allowance program will meet your program objectives.
Vehicle Reimbursement Rates
The GSA recently announced vehicle reimbursement rates for privately owned vehicles. The new mileage rate is set at 58.5 cents per mile. Does this vehicle reimbursement rate really reflect the cost for your drivers? Drivers in some states in congested urban areas or in mountainous areas are incurring much more fuel costs per mile. These Federal reimbursement rates may not be adequate or may be too generous. Consult with us in setting up appropriate vehicle reimbursement rates for your drivers. CRS can help you optimize your auto allowance claim management system and help your drivers get fair expense claims with the IRS per diem rates.
Find out more about CRS auto allowance programs.