peak overview
DESCRIPTION
TRANSCRIPT
PEAK Mileage Capture mileage made easy
Subject title: A description
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Who Should Consider Mileage Capture anyone who…
Likes the idea of GPS
but is concerned with
big brother
Has forgotten trips or
made-up or
overestimated journeys
Looking for HMRC
compliant mileage
expenses
Is looking for Simple
and effective
mileage reporting
Is looking for
system that is safe
and secure
Considering a mileage
system that calculates
mileage expenses
Concerned that drivers
are pocketing
overestimated mileage
Is looking for quick
and simple mileage
reporting
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Mileage Fraud and Overestimation Some of the facts and figures
Of all employees
commit mileage
fraud
Of business
mileage is
overestimated
Main Reason
Everyone else is
doing it
Mapping web sites
can overestimate
by 25%
This has led to HMRC
Investigations
Number of
businesses who will
have their mileage
reviewed
Number with
inaccurate or
inadequate mileage
records
Likely to be
investigated or
receive a fine
Potential fine for just
1 vehicle
The Future Problem? You future workforce
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What are you doing today? Traditional methods of mileage capture
Notepad Fag
Packet
Excel Diary
More than 20% of claims ending in a zero
Inaccuracies in mileage between two places
More than a 60/40 split of business/personal mileage
These methods of mileage capture are often inappropriate as they allow for
inaccuracies, estimation and overestimation. HMRC are looking for some tell tale
signs that this has been occurring. If they find inadequacies they will investigate
Expenses
System
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The Cost of Inaccurate Mileage Claims what's the bottom line
HMRC Fines Up to £18,000 per vehicle
CO2 Emissions 25% higher than they should
be
Fuel Bill 25% higher than it should be
Time 12 hours per year compared to
one hour using PEAK
Forgotten Journeys Using AMAP rates 10,000 miles is
worth £4,500
Made up Journeys A phantom trip from London to
Manchester could cost you £162
return
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What is PEAK Mileage Capture what's the bottom line
• An incredibly powerful, intuitive and compliant
mileage expenses and reporting system.
• A system that uses patent pending GPS USB dongle
technology.
• A solution used and trusted by over 30,000 users
across more than 550 companies in the UK.
• A system that can be tailored to your needs and
requirements.
• A solution that is in constant development with
improvements and features being released regularly.
Powerful Trusted Compliant Uses GPS
Thousands of Users
Constant Development
Coffee in one hand.
Mileage control in
the other.
Discover five-minute
PEAK Mileage Capture
How Does PEAK Work the 5 simple steps
Quick Simple Accurate Fair
Compliant
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The Features of PEAK Mileage Capture the great stuff we do
Feature Standard Enhanced GPS
Simple and Easy Setup
Cloud based technology
Secure Database
Print and Save Mileage Reports
Manager Approval
Post Code to Post Code Journey Look
Up
DVLA Vehicle Look Up
Dashboard Reporting
CO2 Reporting
Uses GPS Dongle
Records GPS Date and Time
Show Actual Trip Taken
Prevent Overestimation
Prevent Made Up Trips
HMRC Compliance
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Common Questions questions we get asked regularly
• Is it not a bit “big brother”. You only share with your employer the trips marked business
• Our IT department don’t allow USB mass storage. The device is recognised on a computer as a mouse or printer would be
• I use my sat nav in my cigarette lighter port. We offer splitter for less than £5
• I don’t want my boss to know about certain journeys. Any journey ticked as private will not be shown on the mileage report
• What if I lose my dongle. We will replace it for a cost however in the meantime a user can manually enter trips on our web site
? FAQ
Benefits: An Overview
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Benefits the stuff that drives the value
• Simple set up – install tens, hundreds or even thousands
of drivers in 24 hours.
• Reduce mileage claims by around 25%
• Reduce fuel costs and CO2 by 25%
• Virtually eliminate the chance of HMRC fines
• Drive tax efficiencies through your fleet
• Use mileage claim data for other useful reporting such as:
• Sales Reporting
• P11d reporting
• Driver risk reporting
• Payroll reporting
• Fuel VAT reporting
Next Steps: Lets agree what's next