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Three mileage reporting best practices for SMBs

Three mileage reporting best practices for SMBs

April 5, 2019 By James L Leave a Comment

According to new SAP Concur data, increasing use of personally-owned vehicles for work purposes creates more of a need for easy and efficient mileage-reporting mechanisms. Luckily, the proliferation of GPS-enabled mobile devices means it’s possible to precisely track mileage without the need for manual self-reporting. Smartphone mileage tracking and reporting mechanisms can make mileage reporting more efficient while strongly encouraging employees to be honest. It is also important to ensure that your organization’s mileage policies are clearly communicated to the workforce.

Key Takeaways:

  • Because people are increasingly using their own vehicles to go to work, the challenge exists to accurate report mileages used to the finance department.
  • According to SAP Concur, to solve the mileage issues at work, managers need to implement mileage reporting policies that are strong and systems that are quick and easy.
  • Matt Goss, managing director at SAP Concur says that employees can use the GPS tracker built into mobile devices to accurately calculate mileage for reporting purposes.

“Managers need to place reporting power in their employees’ hands, and foster a culture of accountability and trust within their organisation. Managers can help boost accuracy and motivate honesty by implementing theright solutions.”

Read more: https://www.dynamicbusiness.com.au/small-business-resources/three-mileage-reporting-best-practices-for-smbs.html

Related posts:

  1. Top Practices for Prioritizing Project Work for Your Team
  2. SMBs wasting $608 million per year on paper – Dynamic Business
  3. Entrepreneur and philanthropist Lance Brooks on what SMBs can learn from social enterprise – DynamicBusiness
  4. Do you need to update your recruitment practices?

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