What are the best aspects of this product?
It tracks every expense you incur from meals to travel costs, you can get all of this into the system without any paperwork involved. All this is done in short period and effortless. If you find paperwork annoying, then this tool will be the perfect fit. The SmartScan feature comes with the solution on how to generate expense without filling a form. It helps you to scan the receipt and from there, the tool generates the expense on its own. The mobile version makes everything simple, flexible, and your work easier.
What aspects are problematic or could work better?
Although the SmartScan feature can come in handy, it can be slow when processing the receipt to generate the expense. Also, our staff found it difficult to use the product. It may be that they did not have the right training which resulted to major delays in reporting. It would be nice if the tool had better framework such that when a set up accident occurs, you can recover within a short period.
What specific problems in your company were solved by this product?
Since we are a start-up, we cannot afford to employ many people to take care of our accounting work. Expensify has managed to help us with this as it takes care of expense reporting and reimbursements. We can track all the expenses within a short period and with minimum personnel. Apart from that, it leaves a paper trail for the same in case you want to review in future.
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