Motus, a provider of vehicle reimbursement and risk mitigation services, has joined with Flexco Fleet Services in a strategic partnership designed to support businesses in transitioning from company-owned fleet vehicles to reimbursing employees for the business use of their personal vehicles.

In a news release, Motus said the collaboration will add to its onboarding services aimed at facilitating communication and implementation of personal vehicle reimbursement plans.

Flexco offers accelerated vehicle remarketing programs to speed the transition to personal vehicles as well as an employee buy-back program that gives employees the option to purchase their company car — or a colleague’s — at favorable rates.

“The shift to personal vehicle reimbursement is increasingly driven by the rising costs and liabilities associated with company-owned vehicles,” Motus chief revenue officer Vanessa Brangwyn said. “Flexco’s efficient and flexible vehicle remarketing solutions play a crucial role in enabling our customers to efficiently divest their fleet vehicles according to their own schedules.”

Flexco head of sales and marketing Dan Fierro said his company’s goal in the partnership is to make transitioning employees feel valued and supported.

“When companies decide to move away from fleet vehicles, whether partially or fully, it’s critical to have supportive partners who can make the transition smooth and beneficial for employees,” he said. “Flexco can customize programs and use upstream remarketing technologies that are intuitive and user-friendly, and Motus ensures employee expenses are covered once they begin using their own vehicles for business purposes.”