Runzheimer recently released its 11th Annual Workforce Mobility Benchmark Report.
The report assesses the growing need for organizations across multiple industries to support accurate and automated reporting for business vehicle policies and mobile mileage logs through mobile technology.
Here are some of the key findings from Runzheimer on the increasing importance of mobile technology within reimbursement programs:
•Nearly half of companies identify the elimination of manual and paper-based processes as a top business pressure for managing expenses
•Mobile technology creates an 84 percent reduction in employee administrative burden for mileage reporting
•A company with $3 million in reimbursements can save $525,000 per year by using mileage capture technology