Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements.
Annual mileage reimbursement costs based on the numbers you provided.
50 mi/day x 100 drivers x $0.54 (5 days x 50 wks)
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.
People on average spend 2 minutes on manually recording trips.
2 mins x 10 trips/day x 100 drivers (5 days x 50 wks)
Taking national average $25 hourly rate.
Avg. $25/hr x Manual Entry Hours
(Labor Savings + Reimbursement Savings) / Number of Drivers
Travel & Mileage
Over a three-year period, TripLog found that drivers overreported their mileage by over 27%, costing companies thousands of dollars per employee, resulting in millions of dollars in lost revenue per year. See how TripLog has helped companies in the past: