Company:Motus, LLC

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Short description: American software company
Motus, LLC
TypePrivate Company
Founded2004
HeadquartersBoston, Massachusetts , United States
OwnerThoma Bravo
Number of employees
450
Websitewww.motus.com

Motus is a workforce management company headquartered in Boston, Massachusetts,[1][2] that offers vehicle reimbursement, fleet management and business intelligence solutions. This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence.[3]

Motus supplies the Internal Revenue Service (IRS) with data on business vehicle use to inform the business mileage reimbursement rate.[4]

History

Motus was founded in 2004 as Corporate Reimbursement Services, Inc. (CRS) by Gregg Darish, and changed its name to Motus in 2014.[5] Craig Powell (businessman and entrepreneur) led the Company for 9 years through accelerated growth. He retired from his role as the President and CEO in January of 2022, after scaling the business from roughly $10 million in revenues to $150M and selling the business. He currently serves as an advisor to the Board of Directors.[6]

In August 2014, Motus released an integration with American cloud computing company Salesforce.com to instantly associate business stops with accounts, contacts and leads in the Salesforce customer relationship management (CRM) product.[7]

In 2015, Motus announced an integration with American travel management company Concur Technologies to allow employees to submit mileage to Motus, calculate individual reimbursement amounts, and automatically create expense reports in Concur Expense for manager approval.[8]

In September 2015, Motus released an integration with Oracle Corporation to instantly associate Motus administrative activities with Oracle customer relationship management (CRM) software.[9]

In 2018, Motus was acquired by private equity and growth capital firm Thoma Bravo, LLC and merged with Runzheimer, creating the leading provider of mileage reimbursement technologies serving the nation's most complex transportation companies.[10][11] It also partnered with FleetCor Technologies, Inc., which provides fuel cards and workforce payment products and services.[12]

In September 2019, Motus acquired the Danvers, Massachusetts, based mobile expense management firm Wireless Analytics.[13][14]

In September 2020, Motus acquired the Augusta, Georgia, firm, Vision Wireless, further strengthening their mobile expense management services.[15]

Recognition

Motus was named one of the 20 Most Promising Field Service Solution Providers by CIOReview,[16] Top 10 Fleet Management Solution Providers by Logistics Tech Outlook,[17] and Best Employee Efficiency Technology by MITX[18] in 2017. It also won a 2018 HRO Today TekTonic Award in the Mobile category.[19] The company has been named among the best places to work in Boston[20][21][22][23] and Milwaukee,[24] company of the year,[25][26][27][28] and one of the largest mobile technology companies in Massachusetts.[29]

References

  1. "Motus, LLC: Private Company Information - Bloomberg". https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=318389992. 
  2. "Working at Motus" (in en). https://www.glassdoor.com/Overview/Working-at-Motus-EI_IE1175685.11,16.htm. 
  3. "Motus LLC - Company Profile and News - Bloomberg Markets". https://www.bloomberg.com/profile/company/1357605D:US. 
  4. CEBS, Stephen Miller (2020-01-07). "IRS Lowers Standard Mileage Rate for 2020" (in en-US). https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/2020-standard-mileage-rate.aspx. 
  5. "Gregg Darish: A Company in Motion - Solutions for the Mobile Employee". September 2014. http://automotivedigest.com/2014/08/gregg-darish-company-motion-solutions-mobile-employee/. 
  6. "Thought Leaders in Mobile and Social: Craig Powell, CEO of Motus (Part 1) | Sramana Mitra" (in en-US). 2016-10-17. http://www.sramanamitra.com/2016/10/17/thought-leaders-in-mobile-and-social-craig-powell-ceo-of-motus-part-1/. 
  7. "Motus Integration" (in en). https://appexchange.salesforce.com/listingDetail?listingId=a0N3000000B5eqLEAR. 
  8. "motus - Concur App Center - Concur". https://www.concur.com/en-us/app-center/listing/nBxNRJKHqpSG$p$s2kgdTJ$srt2RIg/motus. 
  9. "Motus Integration - Motus - Oracle Cloud Marketplace" (in en-US). https://cloud.oracle.com/marketplace/listing/4569590?_afrLoop=25145151590170403&_afrWindowMode=0&_afrWindowId=null. 
  10. "Thoma Bravo Completes the Acquisition of Lexmark Enterprise Software | Kofax". https://www.kofax.com/About/Press-Releases/2017/Thoma-Bravo-Completes-the-Acquisition-of-Lexmark-Enterprise-Software. 
  11. Bravo, Thoma. "Thoma Bravo Acquires and Merges Motus and Runzheimer to Create Market Leading Vehicle Management Platform" (in en). https://www.thomabravo.com/media/thoma-bravo-acquires-and-merges-motus-and-runzheimer-to-create-market-leading-vehicle-management-platform. 
  12. Staff. "FleetCor Partners with Reimbursement Solutions Company". http://www.automotive-fleet.com/279528/fleetcor-partners-with-reimbursement-solutions-company. 
  13. FinSMEs (2019-09-26). "Motus Acquires Wireless Analytics" (in en-US). https://www.finsmes.com/2019/09/motus-acquires-wireless-analytics.html. 
  14. "Motus Acquires Mobile Expense Management Firm Wireless Analytics". Bloomberg.com. 2019-09-24. https://www.bloomberg.com/press-releases/2019-09-24/motus-acquires-mobile-expense-management-firm-wireless-analytics. 
  15. "Motus Acquires Vision Wireless, Strengthening Mobile Expense Management Services" (in en). Bloomberg.com. 2020-09-30. https://www.bloomberg.com/press-releases/2020-09-30/motus-acquires-vision-wireless-strengthening-mobile-expense-management-services. 
  16. "Top 20 Field Service Tech Companies - 20 17". https://field-service.cioreview.com/vendors/top-20-field-service-tech-companies-2017.html. 
  17. "TOP 10 Fleet Management Solution Providers 2017". https://fleet-management.logisticstechoutlook.com/vendors/top-fleet-management-solution-providers-2017.html. 
  18. "MITX Awards - Celebrating 22 Years" (in en-US). https://www.mitx.org/mitx-awards/. 
  19. Roth, Audrey (2018-06-19). "2018 TekTonic Award Winners" (in en-US). http://www.hrotoday.com/news/enabling-technology/2018-tektonic-award-winners/. 
  20. "Error: no |title= specified when using {{Cite web}}". https://www.bizjournals.com/boston/news/2016/04/19/bbj-announces-the-2016-best-places-to-work.html. 
  21. "Announcing the 2017 BostonFest Coolest Companies Finalists". https://www.americaninno.com/boston/bostonfest/announcing-the-2017-bostonfest-coolest-companies-finalists/. 
  22. "Motus Named a "Best Place to Work" by the Boston Business Journal for the Second Straight Year" (in en-US). 2017-06-23. https://www.motus.com/motus-named-a-best-place-to-work-by-the-boston-business-journal-for-the-second-straight-year/. 
  23. "Best Places to Work Small Companies". https://www.bizjournals.com/boston/subscriber-only/2018/06/21/best-places-to-work-small-companies.html. 
  24. "Motus Named a "Top Workplace" For Fourth Time by the Milwaukee Journal Sentinel" (in en-US). 2018-05-04. https://www.motus.com/motus-named-top-workplace-fourth-time-milwaukee-journal-sentinel/. 
  25. "Motus Wins Stevie® Award for Company of the Year in 2017 American Business Awards" (in en-US). 2017-05-08. https://www.motus.com/motus-wins-stevie-award-for-company-of-the-year/. 
  26. "Motus Named Company of the Year by Business Intelligence Group in the 2018 BIG Awards for Business" (in en-US). 2018-10-03. https://www.motus.com/motus-named-company-of-the-year-by-business-intelligence-group/. 
  27. "50 Global Leaders Win 2018 BIG Awards for Business" (in en-US). https://www.bintelligence.com/blog/2018/10/2/50-global-leaders-win-2018-big-awards-for-business. 
  28. "Motus Wins Stevie® Award for Company of the Year" (in en-US). 2019-05-06. https://www.motus.com/motus-wins-stevie-award-for-company-of-the-year-in-2019-american-business-awards/. 
  29. "Largest Mobile Technology Companies in Massachusetts". https://www.bizjournals.com/boston/subscriber-only/2018/03/29/largest-mobile-technology-companies-in.html. 

See also