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Expensify

Expense management for receipts, bills & more

Overview

What Expensify does

Expensify is the world's leading application for expense management, receipt scanning, and business travel. It dramatically reduces the time it takes to reimburse expenses by simplifying the entire process.

What people use it for

  • Expense reporting
  • Receipt management
  • Travel expenses
  • Corporate card management
  • Reimbursements

The honest half

Where it falls short

Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about Expensify.

  • Minimal offline expense entry capabilities hamper use in areas with unstable internet
  • OCR receipt data extraction requires manual review and correction for accuracy
  • Per-user pricing model increases costs for larger organizations

Cross-shopped

What people choose instead of Expensify

Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.

  • Expensify logo
    Expensify
    vs
    SAP Concur logo
    SAP Concur

    SAP Concur: Enterprise expense management with comprehensive travel and compliance reporting for large organizations

  • Expensify logo
    Expensify
    vs
    Ramp logo
    Ramp

    Ramp: Corporate credit card and expense management platform combining physical and software solutions

  • Expensify logo
    Expensify
    vs
    Fyle logo
    Fyle

    Fyle: Mobile-first expense management with AI-powered categorization and easy receipt capture

Capabilities

Features

  • SmartScan receipts

    SmartScan receipts capability

  • Expense reports

    Expense reports capability

  • Corporate cards

    Corporate cards capability

  • Reimbursements

    Reimbursements capability

  • Travel booking

    Travel booking capability

  • Mileage tracking

    Mileage tracking capability

  • Multi-currency

    Multi-currency capability

  • Real-time syncing

    Real-time syncing capability

  • QuickBooks

    Integration with QuickBooks

  • Xero

    Integration with Xero

  • NetSuite

    Integration with NetSuite

  • Sage

    Integration with Sage

Answered, with sources

Questions people ask

Each answer names the page it came from, so you can check it rather than take our word for it.

How does Expensify capture receipts?

Expensify uses SmartScan technology with OCR to automatically extract data from receipt images, reducing manual data entry. Users can photograph receipts with their phone to quickly create expense entries.

Source
What reimbursement methods does Expensify support?

Expensify supports ACH reimbursement via direct deposit after setting up a direct deposit account. Next-day reimbursement is available, or standard processing takes 3-5 business days.

Source
How does Expensify offline mode work?

Expensify has limited offline capabilities. Users can capture receipts offline, but data syncs when internet connectivity is restored. Full functionality requires online access.

Source

Behind it

Who makes Expensify

Company
Expensify Inc
Based in
Portland, OR
Founders
David Barrett, Witold Stankiewicz

Timeline

Expensify over time

  1. Milestone2021-11-10

    Expensify IPO on NASDAQ under ticker EXFY

    Source
  2. Funding2009-01-01

    Expensify raises $1 million seed funding

    Source
  3. Founded2008-08-01

    Expensify founded by David Barrett and Witold Stankiewicz

    Source

Keep looking

Where to go from Expensify

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Softwr does not host reviews and shows no star rating for Expensify, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.

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