Acquisition expands Motus’ features to optimize spend, mitigate chance, and building up productiveness for corporations of all sizes, from the biggest enterprises to sole proprietors
BOSTON, Feb. 19, 2025 /PRNewswire/ — Motus, the business chief in automobile compensation and chance mitigation for companies with workers that actively power for paintings, nowadays introduced the purchase of Everlance, a mileage and expense monitoring resolution for mini companies, groups, and sole proprietors. The purchase additional strengthens Motus’ talent to serve relied on and cutting edge compensation answers for corporations of all sizes, supporting each roughly worker who drives as part of their activity.
Based in 2015 by way of Alex Marlantes and Gabriel Garza, Everlance used to be created to empower cell employees with easy-to-use productiveness equipment. The corporate’s self-managed automobile compensation resolution has helped over 4 million drivers observe their miles robotically, plank bills, and maximize their take-home pay.
The complementary choices will permit Motus to lend the broadest territory of businesses with answers that territory from extremely adapted and built-in to self-installed and self-managed. Everlance’s origins within the shopper marketplace deliver a top-rated cell app and worker enjoy, era Motus’ prominent analytics and industry insigt ship extraordinary choice aid features. The original strengths of each and every corporate mix to manufacture a product portfolio that may have the ability to meet shoppers’ wishes nowadays and going forward.
“The success of so many organizations depends on employees driving their own cars as part of their jobs,” stated Phong Nguyen, CEO, Motus. “For those businesses with sales teams, merchandisers, home healthcare or a host of other critical roles—it can be a struggle to gain the visibility and control they need to optimize reimbursement spend, mitigate risks, and bolster the productivity of all those employees on the road. By joining forces, Motus and Everlance will be able to offer our customers a more robust set of mileage reimbursement, driver safety and training, and related tax and compliance solutions for every kind of employee who drives.”
“Motus and Everlance have an incredible opportunity to help organizations of all sizes reimagine reimbursement solutions for employees who actively drive for work,” stated Alex Marlantes, CEO, Everlance. “I’m thrilled about the immense value that our combined teams can deliver by bringing best-in-class reimbursement solutions to the market.”
Motus is a portfolio corporate of prominent non-public fairness corporations Permira and Thoma Bravo. For more info about nowadays’s information, please seek advice from: www.motus.com
About Everlance
Everlance is a top-rated mileage and expense monitoring app designed to aid self-employed folks and companies get monetary savings and generation. With over 4 million customers, Everlance trade in an automated, correct, and easy-to-use resolution for monitoring miles and bills, making sure customers maximize their tax deductions and take-home pay.
About Motus
Motus is the definitive skilled in cell body of workers answers. Its platform simplifies the compensation and control of car and software prices via personalised calculations. Powered by way of an unequalled puddle of information, subtle over greater than 80 years, and up to date in actual generation, Motus is the platform of selection for height Fortune 500 corporations and organizations dedicated to office agility. Motus automobile knowledge, captured and analyzed the world over’s greatest retained puddle of drivers, additionally underpins the once a year Inner Earnings Carrier (IRS) industry mileage usual, the quantity a person can deduct for industry automobile bills. For more info, please seek advice from www.motus.com or fasten with us on Twitter, Fb, Instagram or LinkedIn.
SOURCE Motus
