Wheels, Inc. expanded its reimbursement program to include a fixed and variable rate (FAVR) option for its clients, which is delivered in accordance with the IRS FAVR program guidelines, according to the fleet management company.
Wheels FAVR Reimbursement leverages data from its vehicle and driver base, Wheels said. It seeks to provide companies and employees with flexible, localized and accurate payments.
Fleets can manage all facets of their FAVR program with Wheels’ support resources and technology platform, the company said. Each client receives a dedicated account team that offers strategic program oversight and advice. In addition, managers can keep track of program activity such as enrollment status, insurance compliance, mileage trends and more with Wheels’ online portal, FleetView.
Reimbursed drivers have access to Wheels’ customer service center that offers 24/7 support. They also receive a GPS-powered mobile app from which they can automatically capture their business and personal mileage and conduct other vehicle-related tasks.
Wheels’ reimbursement solution also offers a cents per mile rate availability with the option to include a managed maintenance program and roadside assistance, monthly stipends and FAVR.
“Companies have varying needs for their mobile workforces, which is why we offer a number of mobility options,” said Dan Frank, president & CEO of Wheels. “From fleet leasing and pool management programs to vehicle reimbursement and ride-hailing solutions, Wheels supports a diverse set of mobility and business needs.”