On the Road Again: Track What’s Important by Optimizing Mileage Spend
This SAP Concur blog post emphasizes the importance of optimizing mileage spend, citing data that high-mileage organizations spend up to 10.6% of travel budget on mileage-related expenses, and underreported mileage costs US organizations $5.4 billion annually. It recommends automated mileage tracking, policy reviews, and considering FAVR to improve compliance and save costs.
Impact and considerations
Provides best practices for mileage management to reduce fraud and errors, improve compliance, and save costs.
Key points
- High-mileage organizations spend up to 10.6% of travel budget on mileage-related expenses.
- A quarter of drivers understate annual mileage by 6,000 miles or more.
- Underreported mileage costs US organizations $5.4 billion annually.
- Recommend automated mileage tracking tools like Concur mobile apps and consider FAVR.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:35
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：On the Road Again: Track What’s Important by Optimizing Mileage Spend (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47