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TripLog is the market’s premier mileage and expense tracking solution. We cater to businesses of all sizes and industries.

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Mileage Reimbursement Calculator

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Fixed and Variable Rate (FAVR) Reimbursement Programs Explained | How To Implement a FAVR Program

Dimitri Gedevanishvili

Switch to The #1 Mileage Tracking & Reimbursement Solution

(4.8 rating score)

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Number of anticipated TripLog users:

Myself

2 - 25

26 - 250

251 - 1000+

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Mileage Reimbursement Savings Calculator

Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements.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 $0.70 (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

25% x Annual Mileage Reimbursement

$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

could save

(Labor Savings + Reimbursement Savings) / Number of Drivers

$4,167

per driver

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