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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