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When EV fleet vehicles charge at home your company can save up to 60% on charging costs and your employees save time. But this presents a unique challenge: How do you accurately reimburse employees for the real cost of home charging?
The proprietary ReimburseEV™ software was designed by a team of mobility experts to make reimbursing employees for their real electricity use simple, accurate, and compliant. The software marries charging and location data from the deployed Geotab devices with employees' unique home utility data to provide itemized IRS-compliant receipts and employee reimbursement payments. The software is charger agnostic (no level 2 charger needed), and can even be used with pooled vehicles.
Features And Benefits
Key Features:
- Vehicle-Based Charging Data. By leveraging data from deployed GO devices ReimburseEV ensures that charging data is accurately captured for each vehicle in the fleet.
- Accurate Home Utility Data. The software uses employees' unique home utility data to calculate the real cost of each EV charging session. Reimbursements are based on real costs rather than geographical estimates or averages.
- Charger Agnostic: The software works with any type of charger, eliminating the need for specific level 2 chargers or “smart” chargers, reducing setup costs and complexities.
- IRS- and CRA-Compliant Receipts: ReimburseEV generates itemized receipts that comply with IRS and CRA requirements, making it easier for companies to manage and report expenses.
- Integrations & Direct Pay Available: ReimburseEV integrates with Concur and a number of other expense management platforms. We also offer Direct Pay for organizations that would like to further simplify their reimbursement expense process.
- Pooled Vehicle Support: ReimburseEV can easily accommodate fleets that use pooled vehicles, offering flexibility in how EVs are managed and utilized within a company.
Benefits:
- Cost Savings: Companies can save up to 60% on charging costs by enabling home charging for their fleet EVs, compared to relying solely on depot or public charging stations.
- Time Savings for Employees: Employees save time by charging at home while they sleep instead of needing to visit charging stations, enhancing convenience and satisfaction.
- Simplified Reimbursement Process: Automating the reimbursement process reduces administrative overhead and simplifies the management of EV fleet charging costs.
- Accurate and Fair Compensation: ReimburseEV ensures employees are reimbursed precisely for the electricity used to charge company vehicles, promoting fairness and transparency.
- Compliance and Record-Keeping: By generating IRS-compliant receipts, the software aids in maintaining proper records for auditing and compliance purposes. Records are stored for 7 years.
- Flexibility and Compatibility: ReimburseEV is vehicle and charger agnostic and capable of integrating with existing fleet management and expense management systems. ReimburseEV offers the most versatile solution - fitting into various fleet configurations and setups.
Device Plan Requirements
GO
Company Website
https://www.moveev.com/Regions
Canada
United States
Supported Languages
English