Using manual mileage logs can be a time consuming and costly process, with companies losing an average of $3,913 and 58 hours per user each year. Given that manual mileage claims can be overreported by as much as 29%, there’s never been a better time to try a modern mileage reimbursement solution.
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MILEAGE REIMBURSEMENT MADE EASY
Manually processing stacks of paper-based logs is likely wasting valuable time for your company every day. TripLog speeds up your approval process by 10x, saving your company time and effort while guaranteeing accurate reimbursements.
TripLog’s centralized web dashboard gives you true visibility and decision-making power. With real-time location monitoring, you’ll always know where drivers are and have been during business hours.
Pen-and-paper mileage tracking can leave your company open to significant fraud. TripLog found that drivers overestimate their mileage by 28%, costing companies thousands of dollars per year.
By switching to TripLog, companies can rest easy knowing their employees are reporting accurate mileage, every time.
Simple cents-per-mile reimbursement is just one of the mileage programs we offer at TripLog. We specialize in all IRS-compliant mileage programs including Car Allowance, Smart Mileage Rate, Fuel Cards, and Fixed and Variable Rates. Contact us for a complimentary money-saving analysis. We would love to develop a tailored solution to fit your organization.
Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements.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
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)
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
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)
Taking national average $25 hourly rate.
Estimated Labor Savings
Avg. $25/hr x Manual Entry Hours
Total Savings Per Driver
(Labor Savings + Reimbursement Savings) / Number of Drivers