Corporate Car Sharing service, or the shared use of cars, is rapidly entering the corporate world, thanks to technology. The point of sharing a pool of company-owned company vehicles is for its employees who do not have registered company cars.

The corporate Car Sharing service makes it possible to significantly automate the management of the car fleet and reduce its costs in the long term. Through it, employees who do not have a registered car can easily request one for business purposes, saving money from using taxis, rental cars, or the less convenient for business purposes – public transport. Thus, employees save not only transportation costs but also time, which is essentially also money.

The benefits are both for the company that owns the vehicles and the employees. On the one hand, the company realizes savings from external transport, on the other hand, the employee can choose a car that meets the specific transport needs.

Benefits of the corporate Car Sharing service for companies

From the company’s point of view, corporate car sharing has the following benefits:

  • Reduces the cost of using external transport such as taxis, rental cars, etc., as all company cars are fully utilized and in continuous use;
  • The use of parking spaces is optimized;
  • Easy reporting and distribution of costs by cost centers. Saves time and resources with modern fleet management, through personalized rules and detailed analytical information;
  • Generating additional income by providing company cars to partner companies for a fee (by renting them out);
  • Generating additional income by providing company cars to employees outside of working hours or to partner companies for a fee;
  • Create corporate social responsibility and company brand loyalty from employees who use company vehicles with innovative requests and share technology.

Benefits of corporate carpooling for employees

From the employees’ point of view, the corporate Car Sharing service has the following benefits:

  • Saves time and increases efficiency when performing tasks;
  • Convenience. Quick and easy car saving, without complicated administrative procedures. Employees can easily keep a car for business purposes when they need to visit a client or go to another company office;
  • At the corporate level, the company has the freedom to share its cars with employees other than for business and personal use as well. The latter can keep a company car for personal use on weekends or during non-working hours. This makes it legal to use company cars for personal purposes under clear rules.
  • The system can also be used if employees want to share their cars with colleagues for business or personal purposes.

Overall, corporate Car Sharing introduces a new type of employee mobility. Many companies around the world choose the carpooling model to save costs that are incurred, for example, on taxis or other types of external transport to carry out business tasks.

If you are a company that has company cars and wants to reduce transportation costs, choose VEM Technology’s innovative corporate car sharing solution.