The Masternaut Tax & Expense module follows the launch of the Masternaut Connect platform last year and can be used as a wholly independent module or as a component part of the platform

The module offers benefits to both fleets and individual drivers, enabling driver authentication of business and private mileage, while storing data for regulatory compliance. Benefits include quicker and more efficient processes due to automated mileage logging and direct odometer readings available for the first-time through patented technology

The new Masternaut Connect functionality also offers improved privacy options, enabling customers to select map-based routes or data-only services, in order to protect employee privacy outside of working hours.

Martin Hiscox, chairman and CEO of Masternaut, said: ‘For many of our customers, handling tax and expense claims – often for thousands of drivers, and across multiple regions – can be a complex and time-consuming task. Masternaut Tax & Expense automates the processes involved, delivering intuitive reports quickly and easily. Above all, these reports can be modified to support customer priorities and local requirements – and in the minefield of local compliance and regulation, for many of our customers this will be where the true benefit lies. ‘

Masternaut’s CTO, Alex Rothwell, added: ‘It’s been an extremely busy year of innovation and development for Masternaut. We invested millions of euros and the largest telematics R&D workforce in Europe into bringing Masternaut Connect to market; it’s very exciting to be at a stage when we can begin introducing the various applications of the platform – and Tax & Expense is just one of these applications.’