Keeping your expenses organized is a tedious and time-consuming practice, which is exactly why investing in an app that can do all this for you is such a practical decision.
There are a few available apps you choose from, but which one should you choose?
Let us break down the perks and make a recommendation based on our industry knowledge.
But before we do that, let’s take a closer look at the Expensify vs Concur debate.
Expensify vs Concur: The Stats
Both apps essentially perform the same functions, but reviews from both sets of users reveal that Expensify is easier to onboard, use, and administer. Also, Expensify users are reimbursed faster.
Expensify ranks well in statistics. Here are some recent ones:
Expense reports executed through Expensify take 83% less time
Over 55,000 companies use the platform, with 10 million active users
Let’s go over some of the highlights pertaining to Expensify.
Simplify End-Of-The-Month Expense Reporting
Expense reports can be a real burden to complete. They are time-consuming and an organization nightmare, especially if you lose a receipt. This is where Expensify steps in and really simplifies the process.
With the app, users can scan their receipts in just one click. SmartScan will read and automatically log receipt details like the date, time, merchant, and amount. As an extra, users can even email the receipts to Expensify and have them coded and logged.
With all your receipts uploaded already, getting those monthly expenses submitted to your supervisor just got a lot easier.
It Can Be Integrated With QuickBooks
QuickBooks is one of the most used accounting platforms in the United States, which is why it’s important that any accounting app that you use can integrate with it. Not only does Expensify integrate with QuickBooks, but you can customize the integration. Expensify is really big on customization, and they have an extremely supportive community. Of course, we’d also be happy to talk you through all that you can do with Expensify. It’s a great app and is especially helpful if you need to travel.
Track Travel Expenses
One of the reasons why we are such big fans of this app here at Redmond Accounting is because of how easy it makes tracking travel expenses. Expensify provides a mobile app that enables a lot of quick and easy features. You can read all about that mobile app on our blog post here.
One cool thing that we have to point out is that Expensify can link to your Uber account, which makes it so receipts are automatically sent back to your Expensify app.
The bottom line, if you or your team members travel for work, Expensify will be a game changer.
Contact Redmond Accounting For Technology And Accounting Expertise!
We get that technology can be tricky to navigate, and that’s one of the reasons why we’re here. We’d be happy to discuss Expensify in more detail with you and answer all of your questions!
We are committed to simplifying cloud-based accounting and helping you get the accounting support that you need. Schedule a consultation with us to learn more about our services, how to go paperless, and discover how cloud accounting can propel your business forward into the future.
Expensify and QuickBooks are two popular accounting-related software solutions for businesses. Both allow companies to track employee expenses, but they differ in their overall capabilities. If you’re considering Expensify or QuickBooks for your company, it’s important to understand how each solution works so that you can make an informed purchasing decision. Expensify Vs QuickBooks Expensify and QuickBooks are both powerful…
All business owners and bookkeepers know the headache of sorting through receipts and the nightmare that expense tracking can create. Creating expense reports takes a lot of time and if not done right, can cause expensive mistakes. Time is money. Consider the time it takes an employee to submit expense reports. That is time they could be doing something else…
Expensify is ideal for small businesses! It’s a scalable, easy-to-use expense-management application and receipt-scanning solution. Expensify is a product that works for everyone. Whether you’re a freelancer, a sole proprietor, or managing dozens of employees, Expensify can help you manage your expenses easily. What Can It Do? SmartScan Expensify’s most notable feature is its high-quality mobile receipt scanning and optical…
How To Use Expensify On Your Mobile Device We live in a virtual world. Think about the last time you wrote something down pertaining to your job that you physically had to hand in? Our lives revolve around social media, emails, spreadsheets, and anything remotely connected to the internet. More recently, we’ve abandoned our desktop computers for smartphones, tablets, and…
As a business owner, you want to make things as simple as possible, right? After all, why would you want to do things the hard way?! When working on processes for accounting, it seems that sometimes there is no easy way to do things, especially when it comes to the dreaded end-of-the-month expense reporting. If you can relate, we have…
RAI presents Finance 101 at Square's "Open for Business: Celebrating Women Entrepreneurs" even in SF. On International Women’s Day, the world will celebrate the accomplishments of inspiring women around the globe. On March 10th, Square wants to celebrate you -- amazing women entrepreneurs and business owners in our community. We'll start the evening off with a talk from Go Mighty…
How to Submit Expenses on Expensify Here at Redmond Accounting, we love Expensify. We love it so much that we offer setup and support from our accounting technology experts. Why is it great, you ask? Because it can eliminate HOURS, even DAYS', worth of expense reporting for your company. This advanced automated expense platform simplifies and reduces errors (who doesn’t…
How would you like to reduce the time you spend on Expense Management by 83%? That’s what you could do with Expensify! Expensify is highly rated by CNBC and PCMag. It is used by companies like Pinterest, Stripe, Whole 30, and Warby Parker. It is also used by small businesses and contractors. Expensify makes your expense management process easy, seamless,…
It is great that we have for the most part evolved from paper receipts. They always ended up crumpled somewhere, anyway. Unfortunately, it is easy to find yourself in a similar situation with email receipts. Digging through spam and archives at the end of the month to find them feels like a waste of my time. It can be avoided…