INCREASE EFFICIENCY

Company Expense Automation Explained

Companies that automate their expense tracking and reimbursement procedures are able to save thousands of dollars and countless hours of labor.

Getting started with automation doesn't need to be difficult.

With 86% of employees believing automation will help them work more efficiently, there’s never been a better time for companies to explore options that can help them automate some of their more time-consuming procedures.

In this free white paper, you’re going to see stunning stats regarding manual expense tracking as well as powerful solutions to help you start your company’s automation journey.

If you’re interested in hearing how TripLog’s expense and mileage automation capabilities can help your company grow and thrive, feel free to schedule a complimentary live demo with one of our agents!

Other Tools & Resources

How TripLog Can Help Businesses Save Time & Money

Modern Company Mileage Reimbursement

Paper mileage and expense logs cost businesses dozens of hours and thousands of dollars each year. TripLog cuts down the time it takes to process expense reports from 20 minutes down to just 2 minutes, eliminating significant operational costs.

TripLog's comprehensive and detailed web dashboard gives administrators the tools and reports they want with the flexibility and easy-of-use they deserve, with real-time fleet tracking, approval hierarchy, interactive reports, and more.

Employee Mileage & Expense Tracking

For companies with mobile teams, over 58 hours per year per driver are lost when they fill out manual mileage logs. By offering TripLog, drivers get a sleek, easy-to-use automatic mileage tracker that saves time and money.

In an internal study, TripLog found that drivers using manual paper-based logs overreport their mileage by as much as 28%. With TripLog's automatic mileage tracking app, companies can rest assured that their team's mileage and expense claims will be accurate, every time.

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How many drivers will need to track their mileage and/or expenses?

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Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements.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 $0.54 (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

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

Get TripLog

Start automatically tracking your mileage today to never miss another deductible mile. Try the #1 mileage tracker for free!

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15 Day Free Trial

Schedule a call with a TripLog agent in as little as 15 minutes!

In your introductory meeting with one of our mileage experts, you will:

  • Get a demo of the TripLog admin dashboard.
  • Have the opportunity to ask questions.
  • Learn more about how TripLog can benefit your team.
  • Get insight into which pricing plan will best suit your team’s needs.