Car Allowance Explained (2024 Full Guide)
Companies with employees who drive for work are often faced with a big question – what mileage reimbursement method should they use? There are a
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Companies with employees who drive for work are often faced with a big question – what mileage reimbursement method should they use? There are a
Companies with employees who drive for work are often faced with a big question – what mileage reimbursement method should they use? There are a
According to a study from Smartsheet, 86% of employees believe that automation will help them
Mileage reimbursement doesn’t have to be complicated. We’re here to help clear the air.
With how the way people work has shifted drastically over the last few years, many
Expense reimbursement is an essential aspect of the employer-employee relationship that requires careful consideration and
If you have employees who need to submit their expenses to managers or supervisors, you
Whether you are a self-employed or salaried worker in Canada, using your personal vehicles for
Driving for Uber or Lyft comes with its own set of responsibilities. One such essential
Doing Uber Eats can be a great way to earn extra money in your spare
If you’re driving for Uber, you know that every dollar counts. To help drivers earn
Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements. See how much TripLog can help you save!
Number of drivers
Average miles daily per person
Number of trips daily
Cents-per-mile
Annual mileage reimbursement costs based on the numbers you provided.
Annual Mileage Reimbursement
50 mi/day x 100 drivers x $0.54 (5 days x 50 wks)
$675,000
This is the inline help tip! You can explain to your users what this section of your web app is about.
According to research, on average employees inflate the mileage by 25% when self reported.
Estimated Reimbursement Savings
$168,750
People on average spend 2 minutes on manually recording trips.
Manual Entry Hours
2 mins x 10 trips/day x 100 drivers (5 days x 50 wks)
8,334 hr
Taking national average $25 hourly rate.
Estimated Labor Savings
Avg. $25/hr x Manual Entry Hours
$208,334
Your Company
(Labor Savings + Reimbursement Savings) / Number of Drivers
$4,167
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