Expensify is a comprehensive spend management platform designed to simplify and automate receipt and expense tracking for individuals, small businesses, and large enterprises. It offers an all-in-one solution for managing expenses, travel, reimbursements, and corporate cards, leveraging AI to streamline processes and ensure compliance.
Key features include:
- AI-Powered Expense Management: Automatically create, submit, approve, and reimburse expenses. Expensify's Concierge AI categorizes expenses, flags policy violations, enforces rules, and reduces manual errors, syncing reports directly with accounting software.
- Receipt Scanning: Effortlessly capture receipts by snapping a photo, forwarding to [email protected], or uploading a file. The system automatically scans and extracts details like amount, date, and merchant.
- Corporate Cards & Virtual Cards: Utilize the Expensify Visa® Commercial Card to earn cash back and lower your bill, or bring your own corporate cards (BYOC) with connections to 10,000+ banks worldwide for automatic receipt matching and reconciliation. Instantly issue unlimited virtual cards for employees, vendors, or projects.
- Travel Management: Book flights, hotels, cars, and rail directly within the app, with every booking automatically syncing with your expenses for complete travel and expense (T&E) management.
- Global Reimbursements: Reimburse employees or independent contractors anywhere in the world, in their local currency, with payments processed in as little as one business day.
- Spend Management & Budgets: Gain control over company spending with smart limits, approval workflows, and comprehensive visibility across all cards and expenses. Set, track, and manage budgets across teams and departments to control spend proactively.
- Financial Reporting & Integrations: Build tailored reports to analyze spend, identify trends, and support smarter business decisions. Expensify integrates with over 45 popular accounting, finance, ERP, and travel software, including QuickBooks, NetSuite, Sage Intacct, Xero, Workday, and Gusto, ensuring seamless data flow and reconciliation.
- Bill Pay & Invoicing: Capture, approve, and pay bills to avoid missed deadlines, and create and send professional invoices to track payments and get paid faster.
- Mobile App & Chat: Manage all aspects of expenses, cards, and travel on the go with the fully functional mobile app. Use the integrated chat feature to clarify questions or confusion on any expense in real-time.
Expensify helps companies like Roadtrippers save 48+ hours/month with SmartScan, Philz Coffee reduce corporate card reconciliation time by 90%, and Precon cut travel spend by 30%. It's designed for employees to easily submit expenses, for business owners to manage and approve spending, and for accounting teams to automate reconciliation and ensure compliance. The platform is quick to set up, allowing users to start tracking expenses in seconds.
