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MileageWise

Score10 out of 10

1 Reviews and Ratings

What is MileageWise?

MileageWise is a Web Dashboard and Mobile App solution for creating IRS-Proof Mileage logs. By entering trips to the Web Dashboard or automatically logging miles with the Mobile App users can create IRS-Proof mileage logs even Retrospectively in, according to the vendor, 7 minutes a month. Users can improve already existing Mileage logs by importing them into the Web Dashboard, as the software monitors 70 logical conflicts when processing and correcting a Mileage log to ensure that the result is truly IRS-Proof, meeting Every Expectation. If the user forgets to log a trip, the AdWise feature helps recover lost mileage based on past visits and other patterns and parameters the user sets.

The vendor states that with MileageWise Small Business Owners can get $1,000s of deductions per tax year on their business mileage.
Furthermore, employers can establish an Accountable Reimbursement plan and Employees can claim more accurate business mileage quicker.

Rideshare drivers can clarify and make an integrated mileage log from their fragmented logs.
Tax Professionals can reduce the time they spend on administrating their clients' mileage logs.

Media

IRS Audits? MileageWise can help.
Automatic Mileage Tracking
Tax Savings
Automatic Trip Classification
Daily Journey
Manual Trip Addition Retrospectively (or Ongoing)
Accompanying Web Dashboard
IRS-Proof Mileage Log

1 / 8

Top Performing Features

  • Financial Document Management

    Invoices, expense reports, and associated documents are stored within the platform for any future needs.

    Category average: 8.3

  • Employee Expense Reporting

    Allows companies to track employee expenses to make cost-effective decisions.

    Category average: 8.4

  • Customizable Approval Policies

    Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

    Category average: 8

Areas for Improvement

  • Payment Audit Trail

    Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

    Category average: 8.4

  • Advanced OCR

    Automatically imports information from invoices, receipts, expense reports, and other scanned documents into the platform.

    Category average: 7.8

Finally a decent mileage app for taxes

Use Cases and Deployment Scope

Our music distribution company has been using MileageWise for 2 years now and I have to say that these guys really put the work in in order to provide small business owners with a solution for mileage tracker. The mobile app itself is a great mileage tracking app with lots of features that is also quite simple to use. The many choices for recording distance are fantastic. They never let you down! I was able to arrange it, input all of my mileage from Google Maps for the previous year in the dashboard, and print lovely records. Since it is such a good app, I would actually be willing to spend some money for it. I recommend this program to my friends as well.

Pros

  • intuitive user interface
  • retrospectively adjustable mileage log
  • automatic trip classification

Cons

  • swipe function for left and right swiping
  • credit card integration
  • integration with QuickBooks

Return on Investment

  • bigger tax savings
  • saved a lot of time for our company
  • made it easier for us to claim mileage taxes

Alternatives Considered

MileIQ

Other Software Used

Amazon Web Services, Slack, Trello, Spotify for Artists