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TMC guide highlights cost of exaggerated business mileage claims |
Briefing document explains why discrepancies are hard to spot.
A new briefing document by TMC highlights the hidden cost to UK businesses of exaggerated mileage claims, and states that conventional expenses processes mask the extent to which drivers over-claim mileages.
The new guide is based on TMC’s experience with more than 70,000 drivers, of which they capture their monthly mileage reports via online reporting, text messages or voice calls.
Drivers know that TMC’s audit team check for mistakes and inaccuracies identified by the system, and will query them with the driver or, if necessary, their employer.
The guide explains why it is hard for managers who use conventional expenses processes based on paper forms or spread sheets to spot discrepancies, and how this enables drivers to easily over-claim significant numbers of miles each month.
TMC Managing Director Paul Jackson said: "We typically see our clients' mileage bills drop by 25 per cent when they bring in measures to capture and audit their drivers' mileage reports."
"Using a third party to record and verify mileages minimises risk of creating internal friction when you are trying to cut mileage bills down to their real size."
Further information:
TMC |
