Case Study: an industrial parts distribution company achieves 25% cost savings with Cardata vehicle reimbursement program

Industrial Parts Distribution Company saves 25% with Cardata

The customer, an industrial parts distribution company, faced challenges with managing multiple vehicle programs, inaccurate mileage tracking, and ensuring IRS compliance. They partnered with Cardata to implement a Fixed and Variable Rate (FAVR) reimbursement plan to address these issues.

Cardata's solution provided a single, consistent reimbursement policy using their FAVR program and the Mi-Route mobile app for accurate mileage tracking. This resulted in an overall cost savings of 25% compared to their previous leased vehicle program, ensured full IRS compliance, and increased driver satisfaction. Cardata's processes and customer service were also highlighted as key benefits.

Industrial Parts Distribution Company