Bike Leasing from One Mobility Portal: Vaigo & o2o
A Key Element in Sustainable Mobility and Our Partnership with o2o
Cycling is popular! We are pleased to see this trend continuing year after year, with the bicycle playing a central role in the transition to sustainable mobility. Innovations in the bicycle market, such as better and smaller batteries and the growing variety of bike types, combined with favorable fiscal incentives, have made bicycles not only a leisure activity but also a fully-fledged means of transport for commuting. As a result, more and more companies are incorporating bike leasing into their mobility policies. Among the wide range of flexible mobility options offered by Vaigo, bike leasing is an important addition.
Creating Unique Mobility Policies
When companies decide to offer bike leasing to their employees, we at Vaigo notice that the implementation can often be challenging. There are different ways to finance bike leasing, and it can be difficult to determine the best approach. Some examples of mobility policy options include:
- Gross salary exchange
The employee exchanges part of their salary for a leased bike. This is very beneficial for the employee and budget-neutral for the employer. (More information through o2o) - TCO car budget
Employees can combine a less expensive car or reduced usage with the purchase of a tailored lease bike. - Legal mobility budget
Offering bike leasing through a legal mobility budget is another option.
It is also possible to combine these three options.
Choosing the right option for offering bike leasing as a company requires expertise. It involves carefully planning how the bike leasing system will work, ensuring it is integrated with payroll processing, and minimizing administrative burden. We have found that for many companies, implementation is not straightforward. Vaigo supports businesses throughout this process by offering our expertise and knowledge to help develop a flexible mobility policy that includes bike leasing.
The Partnership Between Vaigo and o2o
The partnership between Vaigo and o2o provides Belgian companies with the opportunity to easily integrate into the sustainable mobility landscape, with the bicycle at its heart and accessible to every employee. Notably, the HR manager responsible for implementing bike leasing now has the tools to manage the process effectively and streamline operations.
Wim Flore, co-founder & managing partner at o2o company bike lease, adds:
“The Vaigo and o2o partnership offers Belgian businesses a seamless entry into the sustainable mobility story. One where the bike is central, and easily accessible to all employees. Importantly, HR managers responsible for implementing bike leasing now have the right tools to do so and manage it afterward.”
Vaigo: The Mobility Portal for All Employees in Large Companies
Both Vaigo and the o2o bike leasing platform share a common goal: to provide employees with easy access to bike leasing while relieving the HR department of administrative burdens through automated processes. Thanks to our collaboration with o2o, customers can now manage all mobility options, including bike leasing, from a single mobility platform.
Because Vaigo and o2o systems are integrated, end users experience minimal changes while benefiting from a simplified process. From the familiar Vaigo platform, employees can now select a leased bike from o2o’s extensive network of bike dealers (employees can search by location, brand, or dealer name). They can immediately see the salary impact of the chosen bike, and the time-consuming process between the employee and the HR manager is significantly shortened. Popular online bike brands, such as Canyon and Cowboy, can now be ordered in no time!
This streamlined process helps businesses offer sustainable mobility options with ease, benefiting both employees and the HR department.
