Expensify

Expensify is a versatile expense management platform that simplifies tracking, reporting, and reimbursement processes for individuals and businesses. With features like receipt scanning via SmartScan, automated expense approvals, and seamless integration with tools like QuickBooks and Xero, it streamlines financial workflows. The Expensify Visa Corporate Card adds convenience by automating expense capture while supporting charitable causes through Karma Points, aligning with its mission to address social issues.

Founded in	2008
Location	🇺🇸 United States
Founders	Puneet Lath

Plans

No free plan available for this product.

Collect

Starting at $5 per user/month on an annual subscription

◈Unlimited SmartScans and distance tracking

◈Expensify Cards with Smart Limits

◈Bill pay and invoicing

◈Expense approvals

◈Third-party card feeds and reconcilation

◈ACH reimbursement

◈QuickBooks Online and Xero

◈Gusto and Zenefits sync

Control

Starting at $9 per user/month on an annual subscription

◈Everything in Collect, plus:

◈NetSuite, Sage Intacct, and QuickBooks Desktop

◈Certinia and Workday sync

◈Multiple expense approvers

◈SAML/SSO

◈Admin-enforced controls

◈Custom insights and reporting

◈Budgeting

Refund Policy

Expensify’s refund policy states that all payments made for subscription plans are non-refundable, including any unused portions of the subscription period.

Ratings

trustpilot(4.1/5)

g2(4.5/5)

capterra(4.4/5)

producthunt(4.2/5)

Ai Opinion

✦

AI Rating(4.5/5)

Based on reviews from various sources, www.expensify.com earns a 4.5/5 stars rating.

What users like: Easy-to-use interface, intuitive receipt capture, automated report and approval process, ability to forward email receipts for auto-import, mobile app ease of use, digital receipt capture feature, reliable expense tracking, and streamlined expense submission process[1][2][3].

What users don't like: Confusing icon usage, occasional errors, needlessly complicated interface, slow customer support in some cases, limited budgeting and cost-cutting features, and sometimes complicated expense submission process[1][2][5].

Conclusion: Expensify is highly praised for its user-friendly interface and efficient expense tracking capabilities, but some users find it confusing and experience occasional technical issues.

Sources:

Expert Opinion

✎

Expert Rating(4.6/5)

I recently tested Expensify, a comprehensive expense management platform designed to simplify tracking, reporting, and reimbursement processes for both individuals and businesses. Here is my detailed review:

Expensify stands out with its intuitive and user-friendly interface, making it accessible for users of all experience levels. The platform offers a wide range of features such as receipt scanning, automated expense categorization, and real-time expense tracking. The mobile app is particularly impressive, allowing users to capture receipts on the go with its smart scanning technology that extracts key details like vendor, date, and amount automatically. This feature saved me considerable time during my testing.

One of Expensify's biggest strengths is its automation capabilities. The platform streamlines the approval process by auto-generating expense reports and integrating seamlessly with popular accounting software like QuickBooks, Xero, and NetSuite. This integration ensures that businesses can easily reconcile expenses without manual intervention. Additionally, the ability to reimburse employees directly in over 190 currencies is a significant advantage for companies with global teams.

The Expensify corporate card adds another layer of convenience by automatically syncing transactions into expense reports. I also appreciated the flexibility of creating invoices, tracking mileage, and managing travel expenses within the same platform. The notification system for approvals and reimbursements was a nice touch, keeping me informed throughout the process.

However, while Expensify excels in many areas, it may feel overwhelming for smaller businesses or individuals who do not require such extensive features. Additionally, some users might find the pricing structure—starting at $5 per user per month for companies—slightly expensive compared to simpler alternatives.

In conclusion, Expensify is a powerful and efficient tool for managing expenses at both individual and organizational levels. Its automation features, seamless integrations, and robust mobile app make it an excellent choice for businesses looking to save time and improve accuracy in their expense management processes. While it may be more suited for medium to large organizations due to its feature set, it remains a reliable option for anyone seeking a modern expense management solution.