Car Allowance Program

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Posted by admin | Posted in Musings of a Mom and Wife | Posted on 29-10-2009

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The husband works for one of the top Business Process Outsourcing (BPO) companies in the country. Not only performance wise are they almost number one in the industry but in terms of employee benefits and compensation as well. When I was still in the work force, I even thought of transferring to their company because the pay and benefits were really that attractive. However, my plans didn’t pursue anymore because I got pregnant and transferring to another company wasn’t a good idea.

The world recession made them cut a few of their benefits as part of their saving measures but a lot are retained and one of their well appreciated benefits is their Car allowance program where work-related mobile activities are entitled for gasoline reimbursement. According to the husband, the reason why the employees rave about it because the reimbursement process is very systematic, easy and efficient. I heard the company is contracting a third party consulting firm that specializes in customizable vehicle reimbursement program.

That is when I first heard about management consulting firms such as the Corporate Reimbursement Services, Inc. (CRS). Their expertise spares a company’s accounts payable staff from going through the very detailed and comprehensive process of such reimbursement. What’s great about this firm is that they have numerous vehicle-related reimbursement programs tailored to suit the needs of the client like easy report generation of mileage reports and trends, detailed reimbursement, specific insurance information, program compliancy reports and other miscellaneous customizable reports. Cost savings, reduced risk and liability exposure and ease of administration are just a few of the employer benefits.

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