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Benefits Offered by Mileage and Expense Tracking Technology to Businesses

No two companies are the same, and one of the aspects in which they differ is their approach to business vehicle and transportation expense management. Yet even with the available technology, it’s surprising that a lot of them are still dependent on manual processes. So what are the benefits of switching to mobile mileage tracking apps?

It’s both convenient and safe.

The first and most obvious benefit of using mileage tracking technology is convenience. Just like any other GPS-enabled mobile device, mobile mile tracking apps give us abilities that are not offered by traditional paper maps. Moreover, these apps keep running in the background, which means you need not look at your phone when you should be fixing your eyes on the road. Also, you don’t have to manually record mileages and destinations, only to forget where you kept that tiny note. If you use a mobile mileage app, you simply press start and get your data when you need it.

Accuracy is guaranteed.

Expenses tend to pile for up for anyone whose job regularly involves traveling. Runzheimer’s 2017 Workforce Mobility Report is clear that people spend an average of $8,480 each year when traveling. Business drivers should be reimbursed for money they have spend from their own pockets, and a mileage tracking app will provide assurance that the app will make accurate calculations and recordings of actual driven miles. This keeps confusion and potential issues at bay when a worker’s manual records are questioned by management.

It makes work less stressful.

We all know how stressful work can be, particularly for those who are always traveling and all. Any opportunity that reduces the stress is always welcome, especially in terms of IRS compliance and taxes. To put it simply, mobile mileage tracking eases doubts related to non-compliant mileage reimbursement forms, considering that calculations can be guaranteed accurate.

It increases productivity.

It may look like logging business miles isn’t such a big task, but it can still add to the stresses related to work. In fact, these micro-routines are usually the most difficult to maintain simply because they are hardly fulfilling. When the task is automated using mileage technology, people can free up time that they can use to engage in revenue-raising activities increase their overall productivity.

It provides competitive advantage.

In terms of business competition, efficiency can actually make or break a company. When workers use mobile mileage tracking apps, they are automatically more efficient – meaning, one step ahead – than their competitors who don’t. This type of task is highly prone to human error, but automation wipes out all questions on the information’s accuracy.

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