Guide to Expensify
Who are they?
Expensify is a US based staff expense management software developers, which has expanded extensively onto SMEs in the UK.
Expensify enables businesses to operate a single expense management platform throughout the business, from directors downwards. In particular, it provides the ability to setup and configure the software to map the processes from an internal Staff Expense policy. It allows each staff member to reduce paperwork through taking photos or scans of expenses and receipts, tracking mileage, and then adding these to a weekly/monthly Expense claim reports, which can then be simply approved and reimbursed by the business.
Software options and pricing
Expensify has a variety of pricing options but the most relevant are the Collect and Control for SMEs, from an amount of £8.00 per month per User. Thereafter unlimited additional staff can be added to the business account at the same prices.
Expensify includes a mobile app, which enables the recording of all receipts and mileage and the creation of the Staff Expense reports for approval and submission.
Expensify integrates financial information from the system with both
Xero and Quickbooks.