Omnitracs has rolled out its new Omnitracs Tax Manager, which it calls its most comprehensive and intuitive International Fuel Tax Agreement  and highway tax management tool to date. Omnitracs said Tax Manager uses the latest in artificial intelligence from the Omnitracs One platform to provide an easier and more user-friendly tax management experience.

According to the company, Tax Manager takes in mileage from a telematics device and fuel data then automatically files for all states and jurisdictions, streamlining the tax reporting process for fleets. To be efficient and competitive in the past, fleets had to move processes to the digital realm and introduce automation to complete tasks faster and with fewer errors. While these improvements were significant for their time, they created an influx of data to sift through and manage.

“Collecting and normalizing data from a variety of sources was the first big hurdle, but the bigger challenge was to figure out how to make it easier to find and sort missing or miss-matched data,” said Paul Nagy, Chief Product Officer at Omnitracs. “Even for fleets already using IFTA software, office teams were still spending large amounts of time reconciling the data which provided an opportunity for improvement.”

Nagy said Tax Manger uses the most sophisticated AI enabled machine learning technology to cross-reference driving history and fuel purchases to automate and dramatically reduce the manual processing efforts while creating more efficiencies over time. To simplify the process even further, the software also features a new “guided” experience that walks customers step-by-step through their filing preparation, he added.

The Lower 48 states and Canadian provinces use IFTA to ensure that fuel taxes go to the state or province where the proportional amount of driving occurred. Mileage taxes consist of an array of tax statutes that vary by state affecting any trucks traveling on public roads. The substantial number of tax laws and jurisdictions directly impacts all truck fleets of any size regardless if they cross state lines. The current list of available state mileage tax includes the NY HUT, KY HUT, OR Weight-Mile Tax, and the New Mexico Highway Tax.

Omnitracs Tax Manager will be available to fleets starting in March.