SAP Concur Blog·· 2022-06-29
SAP Concur: Shifting Mileage Programs for the Work-From-Anywhere Lifestyle
Shifting Mileage Programs to Accommodate the Work-From-Anywhere Lifestyle
AI Overview
SAP Concur and Motus experts discuss adjusting mileage programs amid the work-from-anywhere trend. The IRS mileage standard is based on prior-year costs and may not reflect actual employee expenses. The fixed and variable rate (FAVR) method uses current and location-based costs, offering more accuracy and fairness. Mileage is a top-10 expense category in many industries.
Source:SAP Concur Blog · concur.com