We’re living in an on-demand world. Today’s consumers can replenish their refrigerators, order dinner, request a ride and even cue up a new movie to immediately watch with just a few clicks. But those goods and services must get from A to Z, forcing companies to decide whether to build out a delivery service, or…
Continue ReadingEarlier this month we hosted Finance and HR leaders in Boston for a kick-off to summer at the InterContinental Hotel. We enjoyed cocktails, appetizers and views of the Boston Waterfront on what turned out to be a beautiful summer night. Thanks to everyone who joined the Motus team for this first installment in our summer…
Continue ReadingBusinesses 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 Outdated mileage reporting methods — like relying on spreadsheets to track mileage without GPS verification — prevent companies from reviewing reports and detecting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…
Continue ReadingIn the first installment of the HR Hangout, we introduced how HR leaders are developing more influence and expertise among other executive leaders of their business. According to a study carried out by Harvard Business Review, Why Chief Human Resources Officers Make Great CEOs, this increased influence has led to a more collaborative environment between…
Continue ReadingExpense 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 they’re no longer proving ROI to businesses. In fact, they’re pushing business leaders to find new solutions that lower costs and create efficiencies in the…
Continue ReadingToday’s workforce is growing at a rapid pace, as more and more employees are driving for work. According to a forecast from IDC, mobile workers will account for 72.3% of the entire U.S. workforce by 2020. The majority of these workers will use their own personal vehicles for business purposes and will need to be…
Continue ReadingReimbursing 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 businesses upwards of seven figures). Reimbursing mobile employees who drive 5,000 or more miles per year can be a complex and often stressful process. When…
Continue ReadingExaggerating the number of miles someone has driven for work is a form of employee theft. Although sometimes disregarded, employee mileage fraud poses a serious threat to businesses operating with mobile workforces. In cases of mileage fraud, employees are reimbursed by their employers for more mileage than what was required for them to perform their…
Continue ReadingThe standard mileage rate for 2017 was recently announced by the IRS, advising taxpayers of the optional cents per mile reimbursement rate for the year. It’s important for businesses with mobile employees to be aware of this announcement. The 2017 standard mileage rate provides a benchmark for mobile workers to calculate their reimbursement for their…
Continue ReadingReimbursement for mobile employees can be tricky and ambiguous for companies across the country. While an employee desires being reimbursed for his or her actual expenses, an employer just as equally desires increased transparency into the reimbursements it is distributing. California Labor Code Section 2802: California is a state that has seen this disconnect come…
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