Motus Mobility Benchmark Report Finds Cost Control is Biggest Challenge for Businesses with Mobile Workforces
August 01 2018 - 8:30AM
Business Wire
Platform Brings Advanced Technology and
Enhanced Offerings to Help Businesses Support Employees Who Drive
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Motus, the premier vehicle management and reimbursement
platform, released its annual Workforce Mobility Benchmark Report,
revealing key industry data on vehicle reimbursement programs and
best practices that will help companies develop successful growth
strategies to meet the needs of the growing mobile workforce. The
2018 report includes data from more than 2,000 companies spanning
multiple industries – including food and beverage, manufacturing,
retail, business and professional services and more – and drills
into a variety of business vehicle programs, including
company-provided (fleet) vehicles, cents-per-mile (CPM)
reimbursement and vehicle allowances, as well as topics like
business vehicle policies, driver safety and mileage tracking in
the mobile workforce.
“Motus is committed to helping businesses understand the trends
and leading best practices that enable the mobile workforce to
perform their jobs every day,” said Ken Robinson, market research
analyst for Motus. “The benchmark data collected in the survey
helps businesses of all sizes and from all industries understand
how the effectiveness of their vehicle programs compare to their
peers and consider strategies they might not have before.”
Based on this year’s survey results, the top challenges facing
businesses with mobile workers include cost control (26 percent),
followed closely by risk and liability exposure (23 percent). The
report also found that vehicle reimbursement programs are 32
percent less expensive than company-provided vehicles.
To help address these challenges, Motus brings advanced
technology into the vehicle management space, enabling employers to
reimburse their business drivers fairly and accurately, based on
actual costs related to the business usage of their personal
vehicles. Motus also offers its Driver Safety Solutions, which is a
comprehensive suite of driver safety assessments, motor vehicle
record checks, employee insurance verification, and individualized,
web-based safety training and employee risk profiling that has
enabled employers to reduce collision rates by 35 percent on
average.
“As the workforce evolves, choosing the right vehicle program
can be difficult for businesses with mobile workforces,” said Craig
Powell, CEO of Motus. “The goal of this report is to make it easier
for these businesses to make informed decisions about the methods
they use to reimburse and support mobile workers. Motus can help
companies overcome the challenges that are inherent with managing
mobile workforces, and effectively handle new challenges to their
vehicle programs as they arise.”
Additional findings in the 2018 Workforce Mobility Benchmark
Report include:
- Mobile workers are driving more for
business. In 2017, organizations reported the highest average
business mileage of the past five years.
- There are many opportunities to improve
driver safety. Seventy percent of organizations report requiring
"minimum levels of auto insurance" for vehicle reimbursement
programs, but only 55 percent "collect documentation to confirm
that mobile workers have up-to-date insurance coverage.”
- Only 39 percent of companies use a
reactive approach like "defensive driving courses" for employees
with multiple Motor Vehicle Record infractions (traffic
violations); 15 percent report "no consequences.”
- Company-provided vehicles remain the
most expensive option - organizations report that fleet vehicles
cost nearly 11 percent more than the average vehicle program spend
per mobile worker.
- Use of automated mileage tracking is
increasing. Organizations report a nine percent year-over-year
increase in the use of GPS-verified mileage.
- Companies have limited visibility into
field sales activities – only 22 percent of organizations "can
quantify the work habits of top field sales performers.”
- More than one-third of organizations
that have vehicle allowances have not reviewed their vehicle
allowance amounts within the past six years.
To access the full report, please visit
https://resources.motus.com/reports/motus-2018-mobile-workforce-benchmark-report.
About MotusMotus is the definitive leader in mileage
reimbursement and driver management technologies for businesses
with mobile workers and fleets of all sizes. Only Motus leverages
deep insights captured across the world’s
largest retained pool of drivers to calculate personalized and
compliant vehicle reimbursements, keep drivers productive and safe,
and ultimately maximize returns and minimize risk for all aspects
of the mobile workforce. Motus expertise also underpins the
annual Internal Revenue Service (IRS) business
mileage standard, the amount an individual can
deduct for business vehicle expenses. For more information
about the company, please visit www.motus.com or connect
with us on Twitter, Facebook, or LinkedIn.
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fama PR for MotusKatie Leonowitz,
617-986-5028motus@famapr.com