AI TOOL PROFILE
Everlance Review: Mileage and Expense Tracking Software
- Finance and Accounting
- Expense Management
- Self-employed individuals
- Freelancers
- Small business owners
- Companies with mobile employee teams
Pricing
Everlance offers a free Basic plan. Paid options include a Starter plan at $8.99 per month or $69.99 per year, and a Professional plan at $99.99 per year, which includes tax filing and audit protection.
At a glance
- Best for
- Self-employed individuals, Freelancers, Small business owners, Companies with mobile employee teams
- Key use cases
- Automated Mileage Logging, Tax Deduction Identification, Employee Mileage Reimbursement, Digital Record Keeping
- Integrations
- Bank integration, Credit card integration, Excel export, CSV export, PDF export
- Official website
- Visit everlance official website
How AI is used
Everlance is a tool designed to automate the tracking of business mileage and expenses. It uses GPS trip detection to log drives in the background, which users can categorize as work or personal. The software connects to bank and credit card accounts to log transactions automatically.
The tool is available for solopreneurs, freelancers, and companies with teams of drivers. For businesses, it provides a management dashboard to handle reimbursements and supports driver compliance checks, such as license and insurance verification.
Buyers should confirm which reimbursement model they need, as the platform supports structures such as Cents-Per-Mile (CPM) and Fixed and Variable Rate (FAVR) plans. Some features, such as the AI deduction finder and tax filing, are available on higher-tier paid plans.
Key Features
Automatic Mileage Tracking
Uses GPS to detect and log trips automatically in the background.
Expense Sync
Connects to credit cards and bank accounts to log business transactions.
AI Deduction Finder
Scans synced transactions to identify potential tax deductions for user review.
IRS-Compliant Reporting
Generates mileage logs and expense reports designed to meet IRS standards.
Receipt Capture
Supports taking photos of receipts to attach them to logged expenses.
Driver Checkup
Helps companies verify driver licenses and insurance coverage for compliance.
Use Cases
Automated Mileage Logging
Using GPS to capture business trips to reduce manual entry.
Tax Deduction Identification
Reviewing scanned bank transactions to find eligible business write-offs.
Employee Mileage Reimbursement
Managing a company program to reimburse drivers using CPM or FAVR models.
Digital Record Keeping
Maintaining a digital, exportable log of business miles and receipts.
Integrations
- Bank integration
- Credit card integration
- Excel export
- CSV export
- PDF export
FAQ
Is there a free version of Everlance?
- Yes, the Basic plan is free and includes up to 30 automatically detected trips per month and unlimited manual trips.
What is the difference between the Starter and Professional plans?
- The Professional plan includes features from the Starter plan plus automatic expense tracking, the AI deduction finder, 1099 tax filing, and audit defense.
Can Everlance be used by companies for employee reimbursements?
- Yes, it is designed for companies to manage mileage reimbursements through programs such as Cents-Per-Mile (CPM) and Fixed and Variable Rate (FAVR).
Source category: Finance & Accounting
Source subcategory: Expense Management
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