There are several benefits to using an automatic mileage tracking app for your business. These include convenience, accuracy, and cost. In addition to the above benefits, these applications can save you time and hassle in actual recording expenses. However, before you choose the right mileage tracking app for your business, make sure that you check its usability. Using an app isn’t a complex or tedious task when it is designed well.
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Convenience
Automatic mileage tracking is an invaluable feature for business owners who spend much of their time on the road. With an automatic mileage tracker, you don’t have to worry about remembering to log your business miles because you can plug it in and forget about it. It will also detect any activity on your part, so you won’t have to open a tracking app. This means you won’t have to worry about missing a deadline or forgetting to log your mileage.
While spreadsheets have revolutionized financial and accounting processes, they still can’t solve the central issue of inaccurate mileage logs. Not only do spreadsheets require time that isn’t spent on revenue-generating tasks, but they also leave room for error. Automated mileage tracking also uses cloud and mobile technology to track vehicle location and mileage data in real-time. This can reduce labor costs since manual mileage log entry requires time that could otherwise be better spent doing other things.
Mobile apps for mileage tracking are another great solution for business users. With these apps, you can log your business trips with your smartphone, and the software will automatically categorize them as personal or business. Then, you can manually enter your mileage and add it to your accounting records. You can also integrate mileage tracking apps with CRM software to automatically sync your trip data to your accounting system. In addition to this, you can also combine these apps with your existing tools. For example, with https://mileiq.com/, you can connect your business accounts, bank accounts, and credit cards and track critical information on the road.
Accuracy
A common complaint about expense systems is their inaccuracy. While expense systems do work, they do not entirely solve this issue. Manual data entry and human intervention are critical in manually calculating mileage. The chances of human error increase with multiple stops. Besides taking time away from other tasks, calculating mileage by hand still leaves room for human error. Even Google Maps can’t solve this problem; they still suffer from errors related to distance calculation. Inaccurate mileage data can cause mistakes, especially when interstate travel is involved.
A company called StreetDelivery needed an automated mileage tracking system for their delivery fleet. These drivers required a system that was both accurate and accountable. In addition, they wanted something easy to use and didn’t require training. For this reason, they selected an integrated mileage platform to keep their employees on track. The app helps them differentiate between work trips and commuting days. By identifying the exact locations of each delivery, the company has more detailed reports.
Many organizations have delayed their adoption of more accurate mileage tracking systems due to employee concerns over privacy and a lack of trust in the system. The reliance on employee mileage is problematic, and minor errors can add to big expenses. Furthermore, employees don’t like being watched and don’t want to feel like “Big Brother” is watching them. Automatic mileage tracking solutions save time, money, and trouble by eliminating the need for manual calculations and audits.
Cost
Automatic mileage tracking software can make your life easier. Many people spend hundreds or even thousands of hours on the road daily. If you’re one of those people, you know how important it is to keep track of your mileage. Manual logging adds 21 hours of administration per employee a year. Even larger companies add up to 2100 hours a year. Using a mileage tracker can help you stay on top of your expenses.
Automatic mileage tracking software has a range of benefits. A good mileage tracker can automatically record every trip, including missed ones. Some also have a battery-saving feature, saving you money on a low-quality device. One drawback is that they require a constant GPS connection, which can decrease the life of your phone’s battery. While mileage trackers all have similar features, the interfaces of each differ.
The MILO software is ideal for those who want to ditch paper logs. The program can categorize trips by purpose, driver, and date range. It even allows you to export the reports to an excel spreadsheet. Even better, it’s tax-deductible. So even if you don’t keep track of your mileage, GOFAR will save you time and money. You’ll also save money on fuel. Automatic mileage tracking software is an excellent option for business owners.
