Risk & Compliance

When it comes to managing risk in their vehicle programs, companies use several methods to protect their business and their mobile employees. According to a recent Motus study, 69% of companies verify auto insurance, and 39% use Motor Vehicle Record (MVR) checks. While these are helpful tools in a time of increasing vehicle accident rates,…

According to the National Highway Traffic Safety Administration (NHTSA), in 2016 there were 3,450 people killed in motor vehicle crashes involving distracted drivers. In the first Distracted Driving Awareness Month blog post we discussed how this increase impacts car insurance rates. While the increasing expense may hurt a company’s bottom line, vehicle accidents impact businesses…

Did you know that April is National Distracted Driving Awareness Month? Keeping drivers safe behind the wheel is important for everyone on the road. Due to increasing mobility, there are millions of people driving for work every day. As a result of more drivers on the roads, the number of vehicle accidents and injuries have…

The recent passage of federal tax reform legislation (aka the Tax Cuts and Jobs Act, or TCJA) left many with questions. For our customers in particular, the big one is: “What does this mean for my vehicle reimbursement plan?” The good news is that the legislation has no impact on the fundamentals. Businesses using Fixed…

The holiday season brings a number of unique driving risks. During this time of year, there can be difficult weather conditions, limited daylight, and drivers in unfamiliar areas. Here are six ways you can drive safely and smartly this holiday season. 1. Plan Ahead Before you start your trip, make sure your vehicle is in…

Today’s workforce is becoming increasingly mobile as opportunities to work outside of the office increase. Simultaneously, an improved economy and low gasoline prices have resulted in a three percent increase in miles driven in the United States in 2016 relative to 2015. These trends reveal the importance for businesses across the country to provide their…

The SHRM (Society for Human Resource Management) Annual Conference and Exposition (also known as SHRM 17) – the biggest Human Resources conference in the world – wrapped up last week in New Orleans, Louisiana. All sessions at the conference were based on the SHRM competency model and were designed to educate HR professionals at every…

Businesses are well-advised to be aware of the risks associated with mileage fraud. Unfortunately, many companies are unaware of how commonly mileage fraud occurs in businesses with mobile workers. Outdated mileage reporting methods — like relying on spreadsheets to track mileage without GPS verification — prevent companies from reviewing reports and detecting errors. Finance and…

As an HR leader, it’s crucial to have the most efficient processes in place across your organization – but this can be challenging to scale as your organization grows. According to HR Review UK, Human Resources departments are spending two full days per week on paperwork alone. This is preventing HR leaders from focusing on…

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 goals. Then news broke about the WannaCry ransomware attack and it felt relevant to discuss how finance leaders can protect their businesses from cyber threats….