I came across one of the reimbursement services called CRS (Corporate Reimbursement services, Inc.) which is a management consulting firm and it performs the tasks of administering vehicle reimbursement programs. This auto allowance service can be of a great help especially for companies with mobile employees. The reimbursement program is highly flexible and also customizable to the needs of the company.
There are several advantages to this reimbursement program such as to reduce liability, lower risk, manage costs and it is totally tax-free as well.There are various services provided by CRS such as driver reimbursement schedules, program management, motor vehicle record checks, driver safety training, employee mobility consulting services and online business mileage logs. Making use of some or all of these services can make one’s own task of auto allowance and vehicle reimbursements very easy.
There are several benefits to both the employer and the driver from availing this service. The employer benefits include things such as cost savings, reduced risk and liability exposure and ease of administration. The driver also benefits in a variety of ways such as the entire system being fair and accurate, tax-free and total flexibility.
This is a very good service to be availed as it benefits both employer and driver and the service is flexible and customizable.
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