Motus Partners with FLEETCOR to Simplify Expense Reimbursement for Mobile Workforces
April 05 2018 - 9:00AM
Business Wire
FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global
provider of commercial payment solutions, announced today that
it has entered into a partnership with Motus, a leader in mobile
workforce reimbursement solutions. Through the agreement, Motus
will integrate FLEETCOR’s fuel card solution with its cloud-based
enterprise reimbursement platform.
Motus serves companies with mobile workers, including those who
use their personal vehicles for business purposes, a market segment
often referred to as the ‘grey fleet.’ Motus provides its customers
with a sophisticated, accurate reimbursement platform, operated
primarily through a mobile app, which automates mileage tracking,
calculates personalized reimbursements or personal use chargebacks,
submits reimbursement reports and creates mileage logs. This allows
customers to reimburse their mobile workers at rates below standard
cents-per-mile calculations, creating significant cost-savings.
Prior to the partnership, these mobile workers would use
personal payment methods, such as their own credit card, to pay for
business-related expenses and then be reimbursed after the Motus
platform calculated the appropriate reimbursement amount. Now these
workers will be able to use FLEETCOR’s fuel card solution to pay
their fuel and related business expenses instead of using their
personal payment card. Additionally, the partnership provides Motus
customers access to FLEETCOR’s fuel discounts, real-time price
reporting and security benefits, among other advantages.
The partnership with Motus provides FLEETCOR with access to the
non-traditional ‘grey fleet’ market with an integrated payment and
reimbursement solution, and creates opportunities for the company
to increase its share of wallet from its existing fuel card
clients.
“We’re thrilled to be selected by Motus as their
partner-of-choice for fuel card integration,” said Ron Clarke,
FLEETCOR Chairman and CEO. “As businesses of all sizes continue
using grey fleets more often, the need for integrating workforce
payments will become more critical and this partnership gives
FLEETCOR an opportunity to capture that growth opportunity.”
"As part of our ongoing commitment to make work life better for
mobile employees, we're excited to partner with FLEETCOR to offer
an integrated fuel card solution to the growing number of grey
fleet drivers using the Motus App to capture and receive
remuneration for their business mileage expenses," said Craig
Powell, Motus President and Chief Executive Officer. “Employers
should empower their mobile employees with tools that eliminate any
concerns over accurate reimbursement and allow them to focus on
their work. By integrating with FLEETCOR’s fuel card solution,
we’re simplifying life on the road for our end users and saving
their employers money in the long-run.”
About FLEETCOR
FLEETCOR Technologies (NYSE: FLT) is a leading global
provider of commercial payment solutions. The Company helps
businesses of all sizes better control, simplify and secure payment
of their fuel, toll, lodging and other general payables. With its
proprietary payment acceptance
networks, FLEETCOR provides affiliated merchants with
incremental sales and loyalty. FLEETCOR serves
businesses, partners and merchants in North
America, Latin America, Europe, and Australasia. For
more information, please visit www.FLEETCOR.com.
About Motus
For companies with mobile workers that drive more than 5,000
business miles per year, Motus is the premier
vehicle management and reimbursement platform. Through
its sophisticated configuration engine that incorporates
real-time data across hundreds of variables, Motus
drives significant reductions in cost, ensures
compliance, and reimburses employees exactly what they deserve. For
more information about the company, please
visit www.motus.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180405005138/en/
FLEETCORInvestor RelationsJim Eglseder,
770-729-2017investor@fleetcor.comorMedia
Relationspress@fleetcor.com
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