peak overview

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PEAK Mileage Capture mileage made easy

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Page 1: Peak overview

PEAK Mileage Capture mileage made easy

Page 2: Peak overview

Subject title: A description

Page 3: Peak overview

1

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

Page 4: Peak overview

1

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

Page 5: Peak overview

The Future Problem? You future workforce

Page 6: Peak overview

1

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

Page 7: Peak overview

1

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

Page 8: Peak overview
Page 9: Peak overview

1

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

Page 10: Peak overview

Coffee in one hand.

Mileage control in

the other.

Discover five-minute

PEAK Mileage Capture

Page 11: Peak overview

How Does PEAK Work the 5 simple steps

Quick Simple Accurate Fair

Compliant

Page 12: Peak overview

1

The Features of PEAK Mileage Capture the great stuff we do

Page 13: Peak overview
Page 14: Peak overview

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

Page 15: Peak overview

1

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

Page 16: Peak overview

Benefits: An Overview

Page 17: Peak overview
Page 18: Peak overview

1

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

Page 19: Peak overview

Next Steps: Lets agree what's next