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 The use of personally
owned vehicles (POVs) can be a valuable
component of an overall fleet management
program. If properly managed and documented, POV usage can supplement the use of fleet
vehicles, enhance user convenience and job
performance, and allow the organization to
operate with fewer owned vehicles.
Unfortunately, this is not usually the case.
POV mileage reimbursement costs are often
the largest single item in the
organization’s annual travel budget. They
can be difficult to account for and
quantify, and therefore are hard to control.
Most fleet organizations lack formal
policies, practices, and information systems
to assure that claims for reimbursement for POV mileage are incurred, reported, and
managed appropriately.
This need not be so. Mercury has assisted
many large organizations in reining in their POV reimbursements, saving millions of
dollars in the process, by transforming an
ingrained, out-of-control practice into a
controllable, manageable cost component.
Mercury’s POV Reimbursement Cost Reduction
Studies go well beyond calculating an
applicable mileage rate to cover estimates
of current operating costs. We examine your
policies and procedures to develop the
foundation for the strategic elements that
will bring about immediate cost savings and
promote long-term, cost-conscious use of POV
reimbursement as an integrated fleet
management component. |
