Save Costs on Ground Transportation Spend with Rideshare
A SAP Concur blog post suggests companies can save on ground transportation costs and improve employee safety by increasing rideshare use. It advises reviewing rideshare expense and insurance policies, checking rideshare configuration in Concur Expense, and analyzing year-over-year rideshare spend percentages. Best practice percentages range from 38% to 87% depending on industry. A formula is provided to estimate potential savings: (taxi median rate – rideshare median rate) × (25% of total taxi transactions). Encouraging rideshare gives employees autonomy, location-sharing ability, and reduces carbon emissions.
Impact and considerations
Ground transportation is a significant part of travel expenses. By optimizing rideshare policies, companies can achieve cost savings without sacrificing employee safety, while supporting sustainability goals.
Key points
- Increasing rideshare use can save on ground transportation costs and improve employee safety.
- Companies should review rideshare expense and insurance policies and check configuration in Concur Expense.
- Best practice year-over-year rideshare spend percentages range from 38% to 87% depending on industry.
- Potential savings formula: (taxi median rate – rideshare median rate) × (25% of total taxi transactions).
- Rideshare gives employees autonomy over itineraries, location-sharing ability, and reduces carbon emissions.
- Encouraging employees to share trip status can be part of a personal safety plan.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 26 Jan 2023, 16:57
- Page published
- 14 Aug 2026, 08:27
- Last updated
- 26 Jan 2023, 16:57
- Original links
- SAP Concur Blog：Save Costs on Ground Transportation Spend with Rideshare (opens in a new tab)Primary source · en · Published 26 Jan 2023, 16:57