The Insight Source Blog
Your preferred Telematics information resource
Author: Lance Holt
Content Marketing Specialist
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How GPS Fleet Tracking Software Automates IFTA Reporting
The International Fuel Tax Agreement (or IFTA) is an agreement to simplify the reporting of fuel use by motor carriers that operate in more than one jurisdiction. While the reporting is required and overall beneficial, the process of manually gathering information for IFTA paperwork can be a headache to endure.
Sifting through hand-written driver logs to manually fill out paperwork consumes the time of office staff and can even result in reporting inaccuracies. Finding out how many miles were driven in each state per vehicle and the costs for it all requires a lot of paperwork. While necessary, most people dread going through this process and have other primary responsibilities that must be completed on top of filling out these reports.
To increase efficiency and do away with this time-consuming and manual process, organizations are turning to GPS tracking software to automate IFTA reporting.
Saving Time with GPS Fleet Tracking Software
GPS fleet tracking software increases efficiency in gathering the necessary fuel tax information, and with GPS Insight it all comes from one single report – the State Mileage report.
The State Mileage report supplies the miles driven in each state, by vehicle, the amount of fuel used, as well as the total cost of fuel. This report also allows you to organize by vehicle or state.
THIS ONE REPORT ELIMINATES THE NEED FOR SOMEONE TO GO THROUGH ALL OF THE DRIVERS’ PAPER LOGS, SAVING A SUBSTANTIAL AMOUNT OF TIME FOR BACK OFFICE PERSONEL.
Imagine how much time your team can gain by streamlining the manual process of gathering the necessary information from the drivers to logs to the back office. Your drivers can focus on their job in the field because they will not have to use paper-based logs, and the back office will not have to dive into mounds of paperwork and manually compute the amount to be taxed, leaving room for human error throughout the process. GPS fleet tracking software will help your company report your fuel taxes quickly and correctly.
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