Did you know that mileage is one of the top ten largest employee spend categories?
Yet companies still rely on employee estimates for reimbursement. Organizations with business travelers on the road are no stranger to the pains of employee reported mileage. With daily trips to different offices and unreliable distance estimation, personal mileage can quickly add up.
For most organizations, mileage and personal car expenses are the last major expense category based on self-reported values. And it’s no secret why – managing a large amount of employee drivers and double-checking all of their data can be challenging, frustrating, and expensive. But by allowing self-reported mileage without any documentation, organizations are increasing the likelihood of intentional mileage padding and inaccurate reporting for compliance and tax purposes.
In this eBook, we will examine the top four personal mileage best practices for organizations of all sizes, so you can smooth out the road for everyone involved.
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