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.
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Since businesses have distinct business demands, it is practical they abstain from getting a one-size-fits-all, “perfect” software product. However, it would be difficult to try to come across such application even among sought-after software products. The reasonable step to do can be to write down the varied important factors that demand examination including essential features, price plans, technical skill ability of staff, company size, etc. Thereafter, you must perform your research to a full extent. Have a look at some of these Everlance evaluations and look into the other software solutions in your shortlist more closely. Such comprehensive product investigation ascertain you avoid ill-fitting apps and select the one which offers all the tools your company requires to realize efficiency.
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 trendy and widely used solutions in each software group. But are they automatically the best fit for your company’s unique wants? A trendy software product may have thousands of users, but does it provide what you require? For this reason, do not blindly spend on popular systems. Read at least a few Everlance Expense Management Software reviews and consider the factors that you wish to have in the software such as the fees, main functionality, available integrations etc. Then, shortlist a few systems that fit your wants. Try out the free trials of these apps, read online comments, get clarifications from the vendor, and do your research thoroughly. This profound groundwork is certain to help you choose the best software platform for your organization’s special wants.
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 decide to purchase a Expense Management Software it’s vital not only to see how experts rank it in their reviews, but also to discover whether the actual users and businesses that use it are indeed content with the product. Because of that need we’ve designer 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 an easy to digest form showing how many clients had positive and negative experience with Everlance. With that information at hand you should be ready to make an informed buying choice that you won’t regret.
Devices Supported
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Everlance integrates with two major accounting systems:
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