FAVR: The Flexible Approach to Vehicle Reimbursement

The IRS Fixed and Variable Rate (FAVR) methodology is a highly customizable, tax-free program using five key cost components that can be configured to accurately reimburse drivers, optimize spend & capital outlay and improve employee satisfaction.

Here’s how a fixed and variable rate (FAVR) vehicle program supports your employees and business:

  • Eliminates tracking and managing mileage logs and fuel cards
  • Provides reimbursements that reflect all cost components of driving
  • Reduces administrative burden and improves scalability
  • FAVR meets IRS requirements for tax-free reimbursements
  • Maintains complete control over program design

Ready to bring your vehicle program into the 21st century? Fill out the form to discover how FAVR will help your employees and business thrive!

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Fixed and Variable Rate Mileage Reimbursement Program Explained:

Motus is great for companies that...

  • Have 10 or more employees that drive for business purposes
  • Are based in the U.S. and/or Canada
  • Want to simplify the management of their vehicle program(s) and cut down on administrative tasks
  • Wish to strengthen their vehicle program by ensuring IRS compliance
  • Are trying to find areas that reduce costs with little to no impact to employees

About Motus

Motus is the definitive expert in mobile workforce solutions. Its platform simplifies the reimbursement and management of vehicle and device costs through personalized calculations. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real time, Motus is the platform of choice for top Fortune 500 companies and organizations committed to workplace agility. Motus automotive data, captured and analyzed across the world’s largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more information please visit www.motus.com or connect with us on Twitter, Facebook, Instagram or LinkedIn.