Expensify is a business system used to manage expenses, transactions and money matters through its real-time data and reporting processes. The accounting functions performed by the user-friendly interface of Expensify come handy for many money management issues.
It allows businesses to maintain summaries of different accounts along with calendars so that transparency can be obtained and different ratios such as debt-to-income ratios can be balanced at the right time, preventing any crisis or undesirable situation.
Expensify also offers powerful tools to track your travel expenses based on the miles traveled or the amount of time spent on a particular project. For international traveling, you can convert currencies and records the information in the accurate text fields. It offers a simple solution to recording expenses such as recording expenses by the information provided through photos (purchase receipts).
Being one of the fastest growing expense reporting software, Expensify makes it easy and quick for the businesses to manage the expenses incurred through months or years. It automates the process of expense reporting and tracking from the very act of getting receipts or making payments till the finalization of expense reports.
One of the benefits of Expensify is that it allows automatic integration of the app with financial institutions, credit cards or other payment modes, so there is no need for any manual data entry of any sort. Also, you can use this app while making purchases or deposits which allows you to record information in the real time. And, if you want to sync all your account information with your mobile, you can do that right away to save transactions in both places.
It allows tracking the expenses incurred on business travel trips through the GPS technology, which automatically tracks the miles traveled and records them for any kind of deductions or reimbursements. Also, you can get your currency converted through Expensify’s currency converter or rate exchange calculator.
Moreover, it is supportive of a lot of integrations such as Netsuite, uber, Microsoft dynamics and so on. It integrated automatically with the CRM, ERP or another eCommerce suite for a smart management and decision-making process.
Position of Expensify in our main categories:
Expensify is one of the 100
Expensify is also listed in the following subcategories:
|Accounting Software||#18||Accounts Payable Software||#20|
|Accounts Receivable Software||#20||Billing and Invoicing Software||#32|
|Budgeting Software||#11||Expenses Management Software||#21|
|Financial Reporting Software||#17||Time Management Software||#5|
|Accounts Payable Software||#20|
|Accounts Receivable Software||#20|
|Billing and Invoicing Software||#32|
|Expenses Management Software||#21|
|Financial Reporting Software||#17|
|Time Management Software||#5|
It's essential to note that hardly any app in the Accounting Software category is an ideal solution able to meet all the goals of different company types, sizes and industries. It may be a good idea to read a few Expensify reviews first as certain solutions can dominate only in a very small set of applications or be prepared with a very specific type of industry in mind. Others might function with a goal of being easy and intuitive and consequently lack complicated elements desired by more experienced users. You can also find apps that cater to a broad group of customers and provide a powerful feature base, but this in most cases comes at a more significant price of such a solution. Be certain that you're aware of your needs so that you buy a service that offers specifically the functionalities you search for.
Team – $5/active user
Corporate – $9/active user
Enterprise – by quote
We realize that when you make a decision to buy Expenses Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Expensify reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Expensify. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.
POSITIVE SOCIAL MENTIONS
NEGATIVE SOCIAL MENTIONS
Team – $5/active user
Corporate – $9/active user
Enterprise – by quote
Expensify integrates with the following business systems and applications:
Write your own review of this product
2 months ago
Pros: It comes with a great pricing model such that it is based on active users instead of users in general. This brings value based on how you use the tool in your business. It is mobile compatible which means you can download the app on your device and create reports on your expenses on the move. The integration with QuickBooks and Google apps allow you to perform your duties in a professional and efficient manner. You can create different reports with different names which makes your work easier.
Cons: Although it integrates with QuickBooks, it does not offer integrations with Webhooks and an API. In terms of integration with QuickBooks, it would be better if it offered a summarized invoice for customers per item in a certain product line. This would make work easier on our part. All in all, the tool offers great experience for what we need.
9 months ago
Pros: The ability to integrate with other products, such as Tsheets, is attractive, and the OCR seems to work well.
Cons: If you are a small business and will be setting this up yourself, BE AWARE that there is NO LIVE HUMAN BEING available to you in any way for customer support. No chat, no email, no ticket system, no phone. There is an automated bot called "Concierge" which can give you canned answers. I have just cancelled my account (also not easy to do) after spending a week trying to get a simple answer to a set up question. No amount of pleading, badgering, or threatening the bot produced a human to answer my question. If you are an employee using this product you may like it very well, but woe to the small business person who is trying to set it up and support it. Stay away.
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