“Expense reports that don’t suck”
One crucial part of any successful small business is keeping track of finances and expenses. The one simple task of taking control of your company’s expenses can make the difference between profitable and organized success and disorganized chaos. With this in mind, let’s take a look at Expensify, the company that says they offer “expense reports that don’t suck.”
Expensify was founded in 2008 by David Barrett and Witold Stankiewicz joined the team a few months later. Headquartered San Francisco, Expensify is all about keeping your expenses organized and up-to-date. Expensify allows you to send your PDF expense reports through a simple email, import credit card receipts and other expenses, and it even allows you scan your tangible receipts right into the Expensify program, which can be emailed to your coworkers or your supervisor. Not only does this limit paper bulk that can easily build up in your filing cabinet or on your office desk, but it keeps everything expense-related in the most convenient place—on your computer and accessible while on the go.
No matter if you travel very little or all the time for your job, Expensify allows you to track mileage and travel-related expenses, too. You can create easy-to-use spreadsheets that can be added to and edited on the fly. It only takes a few seconds to reject, make changes to, or accept an Expensify expense report. You can even make PDF expense reports and send them to colleagues or save them in your personal financial files and records. After you’ve sent your expense report to your supervisor, he or she can then approve your report and you can get reimbursed right away.
While it’s great to be able to access Expensify and your financial information on your computer, it gets even better than that. You can now access Expensify from your Android or iPhone, and it’s a completely free app. Does it get any better than that? Actually, it does. Yes, you can access your account from your Smartphone. You can also upload receipts just by taking a single picture from your phone, and it goes right to your account. You can do this during your business lunch meeting, while you’re on the road visiting clients, attending a business conference, or on your day off from work. And these are only a few of the many benefits that Expensify offers its users.
Whether you are a freelancer or contract worker or you’re a team of five or more employees, Expensify can make organizing your financials easier than it has ever been before. But Expensify is more than just staying organized. It’s also about understanding how money is spent through easy-to-understand financial analytics. Expensify is an all-in-one resource from which every small business can benefit.
The American Genius Staff Writer: Charlene Jimenez earned her Master's Degree in Arts and Culture with a Creative Writing concentration from the University of Denver after earning her Bachelor's Degree in English from Brigham Young University in Idaho. Jimenez's column is dedicated to business and technology tips, trends and best practices for entrepreneurs and small business professionals.
