Optimizing Mileage Spend: A Key to Controlling Travel Budgets
A SAP Concur blog post states that organizations with high mileage spend up to 10.6% of their travel budget on mileage-related expenses. A quarter of drivers understate their annual mileage by 6,000 miles or more, causing U.S. organizations $5.4 billion in losses annually. Enterprise organizations using SAP Concur solutions report that mileage spend averages 3.7% of total expensed spend. The article recommends optimizing mileage spend through automated mileage tracking, reviewing T&E policies, educating employees on tracking tools, and considering Concur FAVR.
Impact and considerations
While mileage may seem a minor expense, underreporting and padding cause billions in annual losses for U.S. organizations. The benchmark data and optimization recommendations can help finance and travel managers strengthen mileage spend controls, improving compliance and cost efficiency.
Key points
- Organizations with high mileage spend up to 10.6% of their travel budget on mileage-related expenses.
- A quarter of drivers understate their annual mileage by 6,000 miles or more.
- Underreported mileage causes U.S. organizations $5.4 billion in losses annually.
- Enterprise organizations using SAP Concur solutions report mileage spend averages 3.7% of total expensed spend.
- Automated mileage tracking is recommended to eliminate manual processes and reporting errors.
- Reviewing T&E policies and educating employees on mileage tracking tools is recommended.
- Concur FAVR may be considered for users with more than $5K in annual mileage reimbursement.
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