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2024 IRS Business Mileage Rate of 67 Cents Informed by Motus Cost Data and Analysis 

Vehicle Ownership and Operating Cost Analyses Reveals Inflation, Fuel Prices, and Acquisition Costs Underpin New Mileage Rate  BOSTON, Mass., December 14, 2023 – The Internal Revenue Service (IRS) has unveiled...

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Latest Articles

Implement Mileage Reimbursement Policy
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HR Hangout Mobile Workforce Vehicle Reimbursement

How Today’s HR Leader Can Successfully Implement a Mileage Reimbursement Policy

Jessica Chronchio on June 15, 2017

In the first installment of the HR Hangout, we introduced the fact of HR leaders developing more influence and expertise among other executive leaders of their business. According to a…

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Personalized Mileage Reimbursement
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Mobile Workforce Vehicle Reimbursement

Keys to Success for Personalized Mileage Reimbursement

Ben Reiland on June 13, 2017

Expense management is one of the top line items costing companies and impacting their bottom line. The cost of one-size-fits-all approaches to expense management are significant to the extent that…

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cyber risk
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Finance Focus Industry Trends Technology

How CFOs and CTOs Work Together to Protect Against Cyber Risk

Greg Heller on June 10, 2017

In a recent CFO Corner post, I talked about how the responsibilities of the CFO and CTO are overlapping and we’re finding ourselves working more closely together to achieve similar…

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CFO Investment
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Finance Focus Technology

3 Reasons Why CFOs Should Change The Way They Invest

Greg Heller on May 27, 2017

As finance leaders, we’re responsible for uncovering cost savings and increasing efficiency across the business. Finding opportunities to operate more efficiently is a common challenge for CFOs across all types…

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CFO and CTO Interdependence
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Finance Focus Technology

CFO and CTO Interdependence: How These Roles Are More Connected Than Ever

Greg Heller on May 13, 2017

CFO and CTO interdependence. It’s an emerging trend in businesses today, particularly SaaS (Software as a Service) companies. The Finance and Technology functions are working more closely together to achieve…

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Cloud-based Technologies
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Finance Focus Technology

Modern CFOs Are Using Mobile and Cloud-based Technologies

Greg Heller on April 8, 2017

Empowering CFOs with Cloud-based Technologies The role of the CFO is changing across every type of business. Over the last two decades, we’ve witnessed the advent of tech that increases…

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Mileage Reimbursement
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Vehicle Reimbursement

Mileage Reimbursement 101: Solution Choosing Need-to-Knows

Lara Gibbons on February 2, 2017

Reimbursing your mobile workforce correctly is of utmost importance. If done incorrectly, your company can expose itself to risk of a potential class-action lawsuit (which in some cases has cost…

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Food & Bev Companies
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Vehicle Reimbursement

Food & Bev Companies Can Streamline Their Vehicle Program

Lara Gibbons on January 26, 2017

More and more people are beginning to drive for work; in fact, by 2020, an overwhelming majority of the U.S. workforce will be comprised of mobile employees. Many of these…

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Cloud Computing
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Technology

The Importance of Cloud Computing

Scott Rankin on December 12, 2016

“Cloud computing.” “Mainframes.” These terms are often used without much context or explanation. To a technologist, these terms are really shorthand for two very different approaches to software design, development,…

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