SAP's Car-sharing App Saves it $5M

May 16, 2013 5:20 PM ET

Green Biz Blog

SAP will publicly release a car-sharing app that has helped save the company more than $5 million since the software giant deployed it internally in 2011.

The TwoGo app helps companies encourage employees to car share lifts to work, cutting carbon emissions, travel expenses, and corporate fleet costs, as well as reducing the need for car parks at corporate offices.

SAP said the scheme provides additional networking time for employees, while also helping to save them money. The average commuter in large U.S. urban areas spends $16 making a 32-mile round trip to work each day, according to the company.

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*Original content on Green Biz.