Expensify Vs Concur — Which Is Better For Your Business?
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
- 90% user satisfaction rating
- 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.
Be sure to check out our previous blog, Why it’s not a good idea to DIY small business accounting, for more friendly advice from Redmond Accounting.
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