Company Overview

About Expensify

Expensify Details

Founded

2008

Revenue

$35M

Funding

$439M

Team Size

230

What SIA Thinks

Expensify is a user-friendly expense management software designed to simplify the way individuals and businesses handle their expenses. With Expensify, tracking receipts, logging mileage, and managing expense reports becomes straightforward and less time-consuming.

For businesses of all sizes, Expensify offers a comprehensive solution to manage and streamline their expense reporting process. Employees can easily capture receipts using their smartphones, categorize expenses, and submit reports quickly. Managers can then review and approve these reports in just a few clicks, making reimbursement fast and hassle-free.

One standout feature of Expensify is its receipt scanning capability. Using SmartScan technology, the software reads and extracts information from receipts automatically, minimizing the need for manual data entry. This not only saves time but also reduces errors, ensuring that all expenses are accurately recorded.

Expensify also integrates seamlessly with a wide range of accounting software, such as QuickBooks, Xero, and NetSuite. This integration ensures that all expense data is easily synchronized with your existing accounting processes, helping to maintain financial accuracy and compliance.

Additionally, Expensify offers various levels of customization to meet the unique needs of different organizations. Whether it’s setting spending limits, tracking billable expenses, or enforcing company policies, Expensify can be tailored to fit your specific requirements.

Designed with ease of use in mind, Expensify’s user interface is clean and intuitive, making it easy for anyone to get started without the need for extensive training. Both the web and mobile applications are well designed, ensuring that users can manage their expenses whether they are in the office or on the go.

Overall, Expensify aims to take the complexity out of managing expenses, offering a solution that balances simplicity with powerful features to help individuals and businesses stay organized and efficient.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Cloud integration
  • Mobile access
  • Quick receipt capture
  • User-friendly app
  • Streamlined reports
  • Real-time tracking
  • Customizable reports
  • User-friendly design
  • Mobile functionality
  • Receipt scanning

Cons

  • Limited free version
  • Complex setup
  • Occasional bugs
  • Customer support
  • Learning curve
  • Limited integrations
  • Subscription fees
  • Basic features
  • Data privacy concerns
  • Occasional glitches

Reviews

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