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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 is not only convenient but safe as well.

The first and most obvious benefit of using mileage tracking technology is convenience. Similar to any GPS-enabled mobile device, mobile mile tracking apps let us do things that are impossible with those old paper maps. In addition, these apps will keep running in the background so you don’t have to keep looking at your phone and be distracted from the road. You also don’t have to log mileages and destination notes manually, sometimes even forgetting where you tossed that piece of paper. With a mobile mileage app, you just turn the thing on, press start and leave it there.

It provides accurate information.

Expenses tend to pile for up for anyone whose job regularly involves traveling. Based on Runzheimer’s 2017 Workforce Mobility Report, an average of $8,480 is spent by each traveler each year. Business drivers should be reimbursed of course, and a mileage tracking app will make sure that their actual driven miles are calculated and recorded correctly. This eliminates confusion and even potential conflicts when management finds reason to question a worker’s manual logs.

It makes work less stressful.

Work, as we all know, can be very stressful, particularly when constant traveling is part of the job description. Therefore, any chance to reduce this stress is always appreciated, especially when it affects taxes and IRS compliance. To put it simply, mobile mileage tracking eases doubts related to non-compliant mileage reimbursement forms, considering that calculations can be guaranteed accurate.

It boosts 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. These micro-routines are in fact the toughest to maintain since they provide little, if any, fulfillment. 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 offers a competitive edge.

When you talk about competition among businesses, efficiency can spell all the difference. Workers who use mobile mileage trackers are immediately more efficient and therefore a step ahead, when compared to competitors who are still relying on manual processes. This is a task that is generally vulnerable to human error, but automation erases all possible doubts on the data’s accuracy.

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