Everlance
11 Case Studies
A Everlance Case Study
Del Papa Distributing, a wholesale beverage distributor, faced challenges with its vehicle reimbursement program. Their original car allowance system was inequitable, as it had no mileage tracking, and it created an additional tax burden for employees, leading to frustration. The company sought a better solution and discovered the Fixed and Variable Rate (FAVR) reimbursement program offered by Everlance.
Everlance implemented its FAVR program, which reimburses based on accurately tracked mileage. The solution provided a user-friendly app for employees and ensured full IRS compliance. This transition was a win-win: Del Papa Distributing saves over $11,000 per year, while employees receive over $27,000 annually in tax-free reimbursements, increasing their take-home pay and satisfaction.
LJ Del Papa
Sales Consultant