How One Business Cut Operational Expenses 12.5% in “Year One” with CarData VRP
Companies looking to pivot how they operate often come to us with a set of goals.
Continue Reading Continue ReadingGood Intentions, Unforeseen Consequences: The Hidden Risks and Costs of Fleet Programs
Imagine that you just got a call from one of your best employees. She had this past Saturday marked on the family calendar for two months, to get that to-do list of house projects narrowed down significantly. Everybody was pitching in, so when her teenage son volunteered to drive to […]
Continue ReadingThree Keys to a Smooth Transition to a FAVR Vehicle Reimbursement Program from Company Cars
Change isn’t easy for some people. In our experience, when it comes to moving from company cars to a vehicle reimbursement program, 1/3rd of drivers will be pleased, 1/3rd will be neutral and 1/3rd will question the new plan. We also know that the transition goes more smoothly when you […]
Continue ReadingHow to Build a Vehicle Reimbursement Plan that is Fair for Everyone
Interested in re-evaluating your company’s vehicle program? Vehicle reimbursement can be one of the largest expenses for an employer, outweighed only by healthcare and salary costs. However, there are ways to build a vehicle reimbursement program that are beneficial to the employer and the employee. Understanding the Hidden Costs of […]
Continue Reading60% of company vehicle accidents occur on personal time
By Lyle Adriano May 1, 2018 A new report based on US Bureau of Labor statistics has found that most motor vehicle accidents involving company cars occur during the personal time of employee drivers. Specifically, the report said that 60% of company car accidents happen during an employee’s personal time, […]
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