5 Reasons Why Mileage Tracking and Fleet Management Apps Are Popular

Tracking mileage used to be an arduous task back in the day. It involved tedious calculations which were either manually or on a calculator to figure out the difference between the beginning and end points of your journey. Apart from being a tedious and involving exercise, this way of calculating mileage was also susceptible to mathematical errors and omission.

A new age has thankfully ushered in smart ways of doing things and making our lives easier and worthwhile. There are apps today that can effortlessly improve the process of tracking mileage, reporting expenditure while also carrying out fleet management. A fleet tracker app can reduce human errors while also ensuring pinpoint accuracy. Here are 5 reasons why a fleet management app is great for your business:

1. Can Be Launched on Mobile Devices

Instead of having your staff spend a lot of man-hours sitting in front of a computer, you can easily get them mobile devices such as tablets to work on. This enables them to work from anywhere which means your fleet can be tracked even while they are at home. Mobile tracking also gives the advantage of real-time information, since whoever is tracking a vehicle always has the device on them.

2. Can Create Tax Compliant Reports

Applications like the vehicle mileage log app for taxes produces IRS compliant reports. The IRS requires receipts for any transaction or vehicle expense over 75 dollars and this tracking app allows you take a photo of the receipt and store it away in the cloud for future reference. The app can also create IRS compliant reports parking, fuel, meals, and travel. An application that can capture all this data and generate such reports can go a long way in securing you a high number of tax exemptions.

3. Adaptable to Other Software

This app can work hand in hand with other software which will help you avoid the trouble of tedious data entry. The app directly uploads mileage and expense reports to other accounting platforms making mileage reimbursements easier and more accurate.

4. Easily Tracks Vehicle Location

You no longer have to stay in the dark or keep guessing. An app can pinpoint where each vehicle in your feet is as well telling the real-time routes and driver locations. It is also possible to share trips on social media platforms such as Twitter, Facebook, and Instagram.

5. Saves You Time and Money

A fleet tracker app can help schedule maintenance times which can save you the cost of expensive repairs in the future occasioned by missing the maintenance appointments. These applications also have alerts that warn drivers of bad weather and road accidents ahead, this works to reduce the chances of a crash on your end. Safer driving can only mean reduced insurance and repair costs, which has a positive impact on your bottom line. Ability to track costs also comes in handy, since this may help inform causes of action that might reduce the costs.

Frederick W. Daily, J.D, LL. M (tax)

Frederick W. Daily, J.D, LL. M (tax)

Fred Daily is a tax attorney with over four decades of experience in the tax field. He has given tax programs for CPAs, Enrolled Agents and even the IRS. Fred has been quoted in the New York Times, Wall Street Journal, and has appeared on CBS, NBC, Fox, NPR news features and ABC’s Good Morning America. He is an author of books on taxes and his website, taxattorneydaily.com features a wealth of tax tips for minimizing taxes and dealing with IRS issues.