Everlance is an all-in-one expense management solution that streamlines how businesses, independent contractors, and freelancers track and handle mileage, expenses, tax deductions, and reimbursements. This intuitive, secure, and flexible app aids you to increase employee efficiency, reduce business costs, and improve tax compliance.
Users can connect their bank or credit card accounts to the app, upload and store receipts, and organize and monitor expenses using custom categories and rules. They’ll also automatically find expenses that can be classified and claimed as tax deductions. The app even permits independent professionals to allocate portions of their income to tax payments.
Everlance automates mileage tracking and CPM or FAVR reimbursement. It uses GPS and cloud technologies to instantly and accurately monitor business trips and vehicle mileage. Furthermore, users can add custom information to their trips like vehicles, notes, and photos. They can generate and download reports on mileage, expenses, and taxes that comply with the IRS requirements as well.
Show MoreSeamless Expense Management
Everlance provides business employees and self-employed professionals with an easy and secure way to monitor and manage their expenses. Within the app, they can track all transactions and expenses from their various bank or credit card accounts linked with Everlance. The app permits users to organize their expenses by classifying them as business or personal expenses via a single swipe and using custom rules, categories, and notes.
Thus, they’ll be able to check how much they spend on specific activities. Everlance also helps them maximize their tax deductions and refunds. It instantly locates and recommends expenses that might be deducted from their taxable income. The app encrypts and tokenizes their personal and sensitive information too.
Automated & Accurate Mileage Tracking
With Everlance’s mobile app, users can automatically and accurately monitor their mileage. They can do this without writing down odometer readings, making complex mileage calculations, and connecting to WiFi networks. Utilizing GPS satellites, the mobile app enables managers to access essential data about employees’ trips.
The trip data includes employees’ real-time locations, the total number of miles and hours they traveled, and their most frequently visited places. Additionally, they can download team and employee-specific travel, mileage, and expense reports in XLS, PDF, or CSV format on their mobile phone. The reports can be shared and reviewed for accounting, reimbursement, and tax purposes.
Tailored Reimbursement Program
The expense management solution assists you to implement efficient and compliant mileage and expense reimbursement programs tailored to your company’s needs. For instance, you can reimburse your remote or mobile employees’ mileage using the FAVR or fixed and variable rate model. Thus, you can send tax-free payments to employees to offset the expenses they incurred for using their personal vehicles for business or work-related activities.
They’ll receive fixed car allowance and variable cents-per-mile amounts which are calculated based on the employee’s location and a standard vehicle. This gives you the opportunity to handle reimbursements accurately, equitably, and flexibly. Moreover, you can minimize your company’s mileage reimbursements and ensure that its financial and budget goals are attained.
Show MoreBecause companies have particular business-related demands, it is rational that they steer clear of adopting a one-size-fits-all, ideal business application. Just the same, it is futile to try to stumble on such a software solution even among well-known software products. The reasonable thing to do is to note down the various chief factors that demand deliberation such as major features, plans, technical skill ability of the employees, business size, etc. The second step is, you should do your research through and through. Have a look at some of these Everlance review articles and look into each of the software systems in your list in detail. Such detailed product research ascertain you take out unfit applications and subscribe to the system that offers all the benefits your business requires.
Position of Everlance in our main categories:
Everlance is one of the top 10 Fleet Management Software products
Everlance is one of the 50 Online Accounting Software products
There are well-liked and widely used systems in each software group. But are they necessarily the best fit for your enterprise’s unique wants? A trendy software application may have thousands of customers, but does it offer what you require? For this reason, do not blindly shell out for popular systems. Read at least a few Everlance Expense Management Software reviews and think about the factors that you desire in the software such as the price, main functionality, available integrations etc. Then, choose a few systems that fit your requirements. Try out the free trials of these apps, read online comments, get clarifications from the seller, and do your investigation thoroughly. This profound groundwork is certain to aid you choose the finest software application for your organization’s special requirements.
Everlance Pricing Plans:
Free
$8/user/month
$12/user/month
Everlance Pricing Plans:
Free Trial
Basic
Free
Premium
$8/user/month
Team
$12/user/month
Everlance offers self-employed and enterprise pricing plans. Check the details below.
Business
Free – $0/user/month
Business – $12/user/month ($120 for annual billing)
Enterprise & FAVR – by quote
Self-Employed
Free – $0/month
Premium – $8/month ($5 for annual billing)
Premium Plus – $12/month ($10 for annual billing)
We realize that when you choose to purchase a Expense Management Software it’s crucial not only to see how experts evaluate it in their reviews, but also to find out whether the real clients and enterprises that bought it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Everlance reviews across a wide range of social media sites. The information is then displayed in a simple to understand form indicating how many customers had positive and negative experience with Everlance. With that information at hand you should be ready to make an informed buying decision that you won’t regret.
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Everlance integrates with two major accounting systems:
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