Everlance vs MileIQ – Mileage tracking is the best way to tax reimbursement while still conforming with the IRS rules and regulations.
Especially if you are self-employed or a small business, tracking every mile can help you save a lot of money. In this article, we’ll be comparing such mileage tracking apps – Everlance and MileIQ, and help you choose a service that meets your requirements.
So, without further ado, let’s get started with the Everlance vs MileIQ comparison.
Everlance vs MileIQ: Overview
Everlance
If you are self-employed or a freelancer, Everlance helps you track your business expenses and revenues by automatically initiating logging miles, and the driver can categorize a trip as personal or business with the swipe of a finger.
Moreover, it even lets you photograph receipts and specially detects and tracks trips automatically by using intelligent drive technology.
So, if you want to lower the paperwork burden for your business and simply reimbursements and text compliance, Everlance can be a good fit for you.
MileIQ
Like Everlance, MileIQ is an automatic mileage tracker and mile counter that will lower your paperwork load in favor of convenience and greater accuracy.
So, if you are a freelancer, self-employed, or someone who wants to log miles for personal or business reasons, you can just simply classify your trip with the swipe of a finger.
And it also gives you the way to manually finish the mileage entry to satisfy IRS requirements. Since it is one of Microsoft’s products, Office 365 Business users can enjoy free unlimited tracking from MileIQ.
Features: Everlance vs MileIQ
Everlance Key Features
- Automatic Mileage Tracker: Just turn on the automatic mileage detection and drive
- Expense Management: Sync your credit card and keep your personal and business expenses organized and separated
- Deduction Finder: It’ll scan your transactions for potential tax deductions
- Save for Taxes: Connect your bank and save a percentage of new independent income
- Send & Approve Expense Reports: Manage mileage and expense reimbursements for your whole team
- Tax Prep Reports: These reports give you a CVS file with your expenses, revenue, mileage, and image files
- Tags: Organize and filter your trips and transactions using customizable tags
- Classifying Trips: Swipe left on the trip to categorize your trip as personal and swipe right for work
- Card and Bank Sync: Bank and credit card integration to track revenue and expenses
- IRS Complaint Downloads: Download your trips and transactions at any time
- Receipt Capture: Upload photos of receipts for supplies, meals, and other expenses
MileIQ Key Features
- Custom Mileage Rates: Custom mileage rates of your own
- Detailed Maps: Offers detailed views of your arrival and departure locations and also view the route you traveled
- Work Hours: Set your business hours and let it automatically classify all your personal drives
- Mile Counter: Let you classify business and personal drives with a simple swipe left for personal or simple right for business
- Name Location: Easily name frequently visited locations and make classifying and reporting even simpler
- Multiple Vehicles: Irrespective of the number of vehicles, MileIQ makes it easy to track every mile for each vehicle
- Secure Cloud Storage: Access all your drives anywhere at any time without your phone
- Monthly Reports: Get weekly updates and a monthly mileage report delivered automatically
- Customized MileIQ: You can personalize in many ways, such as drive detection, vehicle, and stuck in traffic
- Tax Filing Assistance: Partnered with Zero to give you a chance to report your mileage to Xero
Everlance vs MileIQ: Pricing
Everlance
It offers two separate pricing options for businesses and personal
For personal: It can be great for self-employed employees and drivers to track miles and expenses
Free | Premium | Premium Plus |
Completely free | $5 per month | $10 per month |
Directly get started | 7-day free trial | 7-day free trial |
30 automatic trips per month | Unlimited automatic trip detection | Unlimited automatic trip detection |
Unlimited manual start and stop trip tracking | Automatic expense tracking with bank and credit card sync | Automatic expense tracking with bank and credit card sync |
Expense tracking with unlimited receipt uploads | Trip auto-classification with work hours and commute | Trip auto-classification with work hours and commute |
IRS complaint Excel and PDF data exports | Custom Excel and PDF data exports | Custom Excel and PDF data exports |
Deduction finder | Deduction finder | |
Customized 1×1 training | ||
VIP customer support |
For Business: It is perfect for companies managing a team of drivers
Free | Mileage Tracking and CPM Programs | Fixed & Variable Rate (FAVR) Programs |
Entirely free | $12 per user per month | $398 per user per year |
30 automatic trips per month | Unlimited automatic trip detection | Customized plan based on mileage reimbursement budget |
Unlimited manual start and stop trip tracking | License and insurance validation | License and insurance validation |
Mileage and expense reports | Single Sign-On | VIP customer support |
Customizable report approval flows | Commute detection and auto-detection | Dedicated onboarding and customer success manager |
Expense tracking with receipts uploads | VIP customer support | Bulk management of favorite locations, expense categories and tags |
Standard Excel & CSV data exports | Managed reimbursements | Monthly variable rate adjustments |
Management dashboard | Expense tracking with bank and credit card sync | Managed reimbursements |
Unlimited users | Motor vehicle record validation | ERP/HR system integrations |
Email support | Free admin and manager only accounts | Live admin and user trainings |
Live admin and user trainings | Compliance management and taxability reporting | |
Trip auto-classification rules | Motor vehicle record validation | |
Everything included in the free version | Everything included in the Mileage Tracking and CPM Programs |
MileIQ
It offers two separate plans – personal and teams. With the personal package, you will be given the ability to try out MileIQ for free for 40 drives per month.
If you want unlimited mileage tracking, you can upgrade to the Unlimited plan for $5.99 a month or $59.99 a year. For team packages, check out the below table.
Teams Lite | Teams | Teams Pro |
$50 per user per year | $80 per user per year | $100 per user per year |
Add or remove drivers | Add or remove drivers | Add or remove drivers |
Streamlined billing | Streamlined billing | Streamlined billing |
Consolidated reports | Consolidated reports | |
Reporting dashboard | Reporting dashboard | |
Easily submit reports | Easily submit reports | |
Multiple admins | ||
Personalized support | ||
Simple invoicing | ||
Custom reimbursement |
Verdict: Both have free and paid plans and the premium version of both services starts from $59.99 per year.
Pros and Cons of Everlance and MileIQ
Everlance
Pros | Cons |
Unlimited users for free plan | Cannot connect to bank account and credit card in the free plan |
Intuitive workflow interface | No route planning feature |
Mileage and expense tracking combined in one single app | |
All plans support an unlimited number of users |
MileIQ
Pros | Cons |
Easy and simple mileage tracking solution | No route planning feature |
Automated tracker | Doesn’t integrate with bank or credit accounts to track expenses |
Best for subscribers of Microsoft Office 365 | Doesn’t have accounting tools like expense calculation |
Integrates with Xero | |
Automated tracking |
Customer Service
Everlance: You can connect to Everlance’s customer support through email at support@everlance.com or by phone at (872) 814-6308.
On the other hand, premium subscribers can receive exclusive customer service like the ability to chat directly with the representative within the app.
And if you want customized support from a dedicated onboarding and customer service manager, you may have to upgrade to the most expensive plan – Enterprise & FAVR.
MileIQ: You can connect to MileIQ’s customer support through email – support@mileiq.com. Or by submitting an email ticket from its Help Center Contact Form.
When sending a message through email, remember that you are using the email address that is linked with your MileIQ account. You can also connect through Live Chat within the app.
Everlance vs MileIQ: Which is Better?
With both apps, you can easily classify your trips immediately as business or personal. And both offer many of its features in the free version.
Everlance can be a perfect fit for you whether you are a small business, solo entrepreneur, or a large business that is looking for a single app that tracks your mileage and expenses.
On the other hand, MileIQ is good for individuals who only need to log mileage for taxes or expense reimbursements, drivers with the same routine, company drivers with irregular working hours, and subscribers of Office 385 Business users.
However, unlike Everlance, it doesn’t track your expenses. Still, it can be a great service for automating the mileage tracking process.
Ultimately, it really depends on your needs and requirements. Thus, do your research thoroughly before deciding on any service.
What & Why Mileage Tracking Apps?
Well, if you are self-employed or a small business that drives for work and isn’t tracking your mileage, you may be missing out on a valuable tax deduction. Because tracking your mileage is the easiest way to get a tax deduction.
Fortunately, there are several options out there with features like automated expense reporting, receipt uploads, deduction finder, and more.
So, whether you are a small business or a solo entrepreneur, these mileage tracking apps will have everything that you to record your travel for reimbursement for taxes.
FAQs
How good is MileIQ?
MileIQ is good for individuals who only need to log mileage for taxes or expense reimbursements or especially for subscribers of Office 385 Business as it is a product of Microsoft.
How much does Everlance cost?
Everlance offers two packages – personal and business. Both these plans have a free version and paid versions. The paid version of personal starts from $5 a month and the business plan start from $12 a month.
Is MileIQ still free with Office 365?
MileIQ unlimited is included with a Microsoft 365 business premium, Microsoft 365 Business Standard, E1, E3, or E5 subscription.
How much does MileIQ cost per month?
The monthly plan for MileIQ starts from $5.99 a month.
Try Alternatives-