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SAP Concur: Shifting Mileage Programs for the Work-From-Anywhere Lifestyle
1reports1reporting sources2022-06-29Update
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Mileage is a major spend category for many organizations; the flat IRS rate can create inequitable reimbursement, while methods like FAVR improve accuracy and cost control.
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6月29日
- SAP Concur BlogSAP Concur: Shifting Mileage Programs for the Work-From-Anywhere Lifestyle
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.