this is NOT IE 8
Runzheimer Introduces Equo® Fuel to Simplify Fuel Expenses for True Business Use

Press Release.


Runzheimer Introduces Equo® Fuel to Simplify, Optimize, and Customize Fuel Expenses for True Business Use

New Fuel Solution, Combined with Runzheimer’s Existing Mileage Capture App, Results in More Accurate and Efficient Reimbursement of Fuel Expenses

WATERFORD, WIS. – Runzheimer, a leading business vehicle technology and solutions provider, announced today that it has launched a revolutionary new fuel expense solution called Equo® Fuel. This is a fair and accurate mileage-based alternative to traditional fuel cards. The new solution harnesses Runzheimer’s extensive data assets and uses local fuel prices, combined with fleet vehicle miles per gallon (MPG) information, to calculate a geographically accurate cents-per-mile reimbursement rate for fuel expenses.

"By connecting this new solution to actual business miles, our clients will be able to reimburse their employees for the fuel actually used for business – without the administrative hassle of dealing with fuel cards," said Donna Koppensteiner, Senior Vice President of Business Development and Marketing at Runzheimer.

Runzheimer’s mobile app, Equo, automatically captures miles driven and tags trips as "business" or "personal" based on the employee’s work schedule. The recorded business mileage is then reimbursed based on fuel costs per mile, while taking into consideration the category of fleet vehicle driven, local fuel costs, and whether the employee drives in city traffic, rural areas, or mountainous roads. Rates are updated daily to provide pinpoint accuracy of fuel fluctuations.

The use of Equo Fuel will allow organizations to realize cost savings of 20 percent, while eliminating the administrative costs associated with issuing new cards for new hires and replacing lost cards.

Meanwhile, the benefits to the driver include:

  • Simplifying end of-year tax calculations for personal use
  • Fully automating the mileage logging process, enabling employees to focus on their work priorities as opposed to administrative tasks

Runzheimer’s Equo solutions continue to be at the forefront of business vehicle intelligence for companies of all sizes by providing fair and accurate reimbursements for mobile employees. The added intelligence of Equo Fuel allows organizations to provide a better fuel expense reimbursement process, while continuing to control costs.

Learn more about Runzheimer and Equo at

About Runzheimer

Founded in 1933, Runzheimer connects people, companies and their vehicles in ways that drive superior productivity and impactful business intelligence. We provide expertise, technology and world class customer service that empowers companies to move their businesses forward with confidence. As a result, our customers are able to better manage cost, reduce business risk and increase employee satisfaction in the mobile workplace. Runzheimer is the leader in workforce mobility programs, designing and delivering fair, accurate and defensible™ business vehicle programs, relocation information services and business expense solutions. We are highly renowned and recognized for our market leading service delivery focus, an integral part of our corporate culture.