Motus, LLC explained

Motus, LLC
Type:Private Company
Foundation:2004
Location:Boston, Massachusetts, United States
Owner:Thoma Bravo
Num Employees:450
Homepage:www.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] In 2009, Gregg Darish hired Fil Firmani as CTO to lead the technology and product strategy and evolution of the company. Fil was able to create a cloud-based scalable, mobile, API, and AI driven platform. Fil, along with Gregg, created the baseline for a sustainable, self-funded growth company with high margins and a high growth rate. Craig Powell (businessman and entrepreneur) later joined the company in 2014 and led the Company for 9 years through continued 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 Best Employee Efficiency Technology by MITX[16] in 2017. It also won a 2018 HRO Today TekTonic Award in the Mobile category.[17] The company has been named among the best places to work in Boston[18] [19] [20] [21] and Milwaukee,[22] company of the year,[23] [24] [25] [26] and one of the largest mobile technology companies in Massachusetts.[27]

See also

Notes and References

  1. Web site: Motus, LLC: Private Company Information - Bloomberg. www.bloomberg.com. 2017-01-29.
  2. Web site: Working at Motus. Glassdoor. en. 2017-01-29.
  3. Web site: Motus LLC - Company Profile and News - Bloomberg Markets. 2020-08-31. www.bloomberg.com.
  4. Web site: CEBS . Stephen Miller . 2020-01-07 . IRS Lowers Standard Mileage Rate for 2020 . 2023-03-31 . SHRM . en-US.
  5. Web site: Gregg Darish: A Company in Motion - Solutions for the Mobile Employee. automotivedigest.com. 2017-01-29. September 2014.
  6. Web site: Thought Leaders in Mobile and Social: Craig Powell, CEO of Motus (Part 1) Sramana Mitra. www.sramanamitra.com. en-US. 2017-01-29. 2016-10-17.
  7. Web site: Motus Integration. AppExchange. en. 2017-01-29.
  8. Web site: motus - Concur App Center - Concur. www.concur.com. 2017-01-29.
  9. Web site: Motus Integration - Motus - Oracle Cloud Marketplace. cloud.oracle.com/marketplace. en-US. 2017-01-29.
  10. Web site: Thoma Bravo Completes the Acquisition of Lexmark Enterprise Software Kofax. www.kofax.com. 2019-07-24.
  11. Web site: Thoma Bravo Acquires and Merges Motus and Runzheimer to Create Market Leading Vehicle Management Platform. Bravo. Thoma. www.thomabravo.com. en. 2019-07-24.
  12. Web site: FleetCor Partners with Reimbursement Solutions Company. Staff. www.automotive-fleet.com. 2019-07-24.
  13. Web site: Motus Acquires Wireless Analytics. FinSMEs. 2019-09-26. FinSMEs. en-US. 2019-10-12.
  14. News: 2019-09-24. Motus Acquires Mobile Expense Management Firm Wireless Analytics. 2020-06-17. Bloomberg.com.
  15. News: 2020-09-30. Motus Acquires Vision Wireless, Strengthening Mobile Expense Management Services. en. Bloomberg.com. 2021-10-07.
  16. Web site: MITX Awards - Celebrating 22 Years. MITX. en-US. 2019-07-24.
  17. Web site: 2018 TekTonic Award Winners. Roth. Audrey. 2018-06-19. HRO Today. en-US. 2019-07-24.
  18. Web site: April 19, 2016 . BBJ announces the 2016 Best Places to Work honorees . 2019-07-24 . www.bizjournals.com.
  19. Web site: Announcing the 2017 BostonFest Coolest Companies Finalists.
  20. Web site: Motus Named a "Best Place to Work" by the Boston Business Journal for the Second Straight Year. 2017-06-23. Motus Mobile Workforce Solutions. en-US. 2019-07-24.
  21. Web site: Best Places to Work Small Companies. www.bizjournals.com. 2019-07-24.
  22. Web site: Motus Named a "Top Workplace" For Fourth Time by the Milwaukee Journal Sentinel. 2018-05-04. Motus Mobile Workforce Solutions. en-US. 2019-07-24.
  23. Web site: Motus Wins StevieĀ® Award for Company of the Year in 2017 American Business Awards. 2017-05-08. Motus Mobile Workforce Solutions. en-US. 2019-07-24.
  24. Web site: Motus Named Company of the Year by Business Intelligence Group in the 2018 BIG Awards for Business. 2018-10-03. Motus Mobile Workforce Solutions. en-US. 2019-07-24.
  25. Web site: 50 Global Leaders Win 2018 BIG Awards for Business. Business Intelligence Group. en-US. 2019-07-24.
  26. Web site: Motus Wins StevieĀ® Award for Company of the Year. 2019-05-06. Motus Mobile Workforce Solutions. en-US. 2019-07-24.
  27. Web site: Largest Mobile Technology Companies in Massachusetts. www.bizjournals.com. 2019-07-24.