SAP Concur: Automated Mileage Reporting Can Save Time and Cost
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Although mileage is a modest share of spend, automation can improve both employee experience and reimbursement accuracy while giving companies a clearer picture of actual mileage spend.
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- SAP Concur BlogSAP Concur: Automated Mileage Reporting Can Save Time and Cost
A SAP Concur blog post states that manual mileage reporting is inefficient and error-prone, and that enabling mobile automated mileage capture can significantly reduce the time employees spend submitting and approving mileage. For most SAP Concur customers, mileage accounts for 2% to 12% of overall expensed spend. SAP Concur experts estimate at least one minute can be saved per mileage transaction; using a $37.50 hourly rate and 33,000 entries, that equals about $20,625 in savings. Recommended practices include enabling GPS auto-capture, configuring the auto-deduct commute option, promoting rideshare where appropriate, and using data to monitor mileage trends.