What is Expensify?
Pros from reviewers
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Top-notch OCR and receipt management: The software's OCR is top-notch, making it incredibly easy for users to take a picture of a receipt and move on. It also simplifies the process of extracting receipts for client billing
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User-friendly on multiple devices: Expensify is praised for its user-friendly interface, allowing users to effortlessly switch between phone and computer to monitor all expenses
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Accurate reporting and easy coding: Expensify provides accurate reporting and makes coding for projects very easy, which is highly appreciated by users
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Streamlines reimbursement process: The software significantly simplifies the process of reimbursing employees, saving users a lot of time and making it an essential tool for any business
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Automatic features for ease and organization: Expensify offers features that allow automatic import of receipts or emailing them directly to the software for download. It also has an automatic report submission feature, reducing worries for users.
Cons from reviewers
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Lack of detailed descriptions: While the software is user-friendly and efficient, it may not provide enough detailed information for certain accounts departments, requiring users to manually add descriptions
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Inaccurate currency and fuel rates: The software does not regularly update the dollar and fuel rates for certain countries, such as Argentina, which can lead to financial losses for users who receive reimbursements on a monthly basis
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Limited language support: Expensify's OCR struggles with languages other than English, requiring manual intervention when inputting expenses in languages like Chinese, Japanese, or Thai
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No automatic report submission feature: Although the software allows for easy import of receipts, it does not automatically submit reports on specific dates, which could be a useful feature for some users
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Limited platform compatibility: While the software works seamlessly on both desktop and mobile, it may not be compatible with all platforms, potentially limiting its usability for some users.
50% off annual subscriptions for 6 months on Expensify
Get 50% off annual subscriptions for 6 months on Expensify and up to $1,080 savings with Secret.
Main features
Starting Price
Free Plan
Multi-currency support
Mileage tracking
Integration with accounting software
Policy compliance checks
Receipt scanning
Starting Price
$5
/ user / month
Free Plan
No
Multi-currency support
Mileage tracking
Integration with accounting software
Policy compliance checks
Receipt scanning
50% off annual subscriptions for 6 months on Expensify
Get 50% off annual subscriptions for 6 months on Expensify and up to $1,080 savings with Secret.
How Expensify compare to similar software?
Product
Price
$5
/ user / month
Free plan
No
Main features
Pros
Cons
Alternatives
Deal
50% off annual subscriptions for 6 months on Expensify
Save up to $1,080
When comparing Ramp and Expensify, there are several key differences that can significantly impact your choice of expense management platform. These differences primarily revolve around their core functionalities, target audiences, and the overall approach to managing business expenses.
Ramp is designed with a focus on comprehensive spend management, providing businesses with a robust platform that integrates corporate cards, real-time expense tracking, and automated financial insights. Its primary goal is to help companies optimize their spending through automation and analytics. Ramp excels in offering advanced features like automated receipt matching, proactive spend controls, and detailed spend analytics. This makes it particularly appealing to companies that prioritize efficiency, cost control, and scalability in their financial operations. Ramp’s platform is built to handle complex corporate needs, making it ideal for mid-sized to large enterprises looking for a unified...
Both Expensify and Brex are powerful tools for managing business expenses, but several key differences between them may help you determine which is the right fit for your organization. One of the most significant distinctions is their approach to pricing and functionality.
Expensify operates on a per-user pricing model, where businesses pay a fee for each active user who submits expenses. This model can be cost-effective for companies with a smaller number of users who need access to advanced expense management features. Expensify is particularly strong in automating the expense reporting process, including receipt scanning, mileage tracking, and integration with various accounting software. It’s designed to streamline the process of submitting, approving, and reimbursing expenses, making it a solid choice for companies focused on detailed expense management.
Brex, in contrast, offers a more integrated solution by combining corporate cards with expense management software. Brex doesn’...
Expensify and QuickBooks are both powerful tools designed to help businesses manage their financial processes, but they cater to different needs and offer distinct features. Understanding these differences is key to choosing the right solution for your business.
First, let's talk about pricing. Expensify primarily focuses on expense management, offering a simple pricing structure based on the number of active users. Expensify's plans start with a free version for individual users, which includes basic expense tracking and receipt scanning. For businesses, the cost starts at $5 per active user per month for the Track and Submit plans, which offer advanced features like approval workflows and integrations with accounting software.
QuickBooks, on the other hand, is a comprehensive accounting solution with a broader range of features. Pricing starts at $35 per month for the Simple Start plan, which includes basic accounting tools like income and expense tracking, invoicing, and reporting....
Expensify
Expense management, simplified.
50% off annual subscriptions for 6 months on Expensify
Save up to $1,080
QuickBooks
Optimize your accounting and invoicing management with ease.
Who is Expensify best for according to our reviewers?
Users requiring detailed expense reports: Expensify's OCR technology and ability to add detailed descriptions make it suitable for users who need to provide comprehensive expense reports, even in languages such as Chinese, Japanese, or Thai
Individuals dealing with foreign currency: Despite some issues with currency updates, Expensify can be useful for those dealing with reimbursements in foreign currencies like the Argentine peso
Businesses of all sizes: Expensify is an essential tool for any business, regardless of the number of employees, as it allows for easy monitoring of expenses across multiple platforms
Travelers: Expensify is ideal for individuals traveling for work or other purposes, as it allows for easy tracking and management of expenses such as airfare, meals, and accommodation.
Companies looking to streamline their reimbursable expenses: Expensify simplifies the process of reimbursing employees, making reporting accurate and project coding easy
50% off annual subscriptions for 6 months on Expensify
Get 50% off annual subscriptions for 6 months on Expensify and up to $1,080 savings with Secret.
Expensify Reviews
4.8
Expensify rating
4.5
Ease of use
4.0
Customer service
4.2
Value for money
4.2
Likelihood to recommend
4.3
Features
20 Expensify Reviews
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Cynthia Rodriguez
Utilized Expensify for my NY Trip
I used Expensify for my job interview trip to NY. All my expenses including airfare, meals, hotel, Airbnb, and car transportation were managed through my Expensify account. I was reimbursed the next day after my trip as all my expenditures were transparent to my prospective employer.
August 18, 2024
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Margaret
SmartScan: Automating Expense Entry for Time-Saving Efficiency
The SmartScan feature is a time-saver. It automatically reads receipt details and creates an expense, eliminating the need for manual entry
August 12, 2024
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Daphne M
Expensify: Transparent and Efficient Expense Management
I appreciate the transparency that Expensify provides. The real-time expense reports give me a clear overview of my spending, helping me to better manage my budget
August 3, 2024
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Stellan G
Expensify: An Essential Tool for Managing Team Expenses
As a small business owner, I've found Expensify to be an essential tool for managing my team's expenses. The approval workflow feature ensures that all expenses are properly reviewed and approved before they are reimbursed
July 29, 2024
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Lauren Martinez
Senior Network Engineer's Review on Expensify
I find Expensify easy to use. It simplifies the process of creating and submitting expense reports.
July 21, 2024
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Willie J
Efficient and Helpful Customer Support: A Pleasant Surprise with Expensify
I was pleasantly surprised by the efficiency of Expensify's customer support team. They were quick to respond and very helpful when I had questions about setting up my account
July 14, 2024
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Thomas Johnson
Enjoying Expensify Usage Immensely
I really enjoy using Expensify due to its ease of use and organization. I appreciate its features that allow automatic import of receipts or emailing them directly to Expensify for download. I also value its automatic report submission on the 1st and 15th of each month, which reduces my worries.
July 9, 2024
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Victoria Miller
Expensify Simplifies Everything Effortlessly
Expensify makes it incredibly easy for me to take a picture and move on. Its OCR is top-notch. The only time I need to intervene is when I'm inputting an expense that's entirely in Chinese, Japanese, or Thai. I might need to add something in the description if my accounts department requires detailed information. I do this because I like it and I review my own and others' expenses. Plus, it's legal, which is crucial. It's good enough for a legal audit and I can export a spreadsheet for my account if necessary. Usually, they have access and sort everything out without much input from me. I recall the old days of sticking receipts on paper and I can't ever go back. Whenever I hear others struggling with their expense reports, I'm always eager to tell them there's a better way! I hope I come across as helpful rather than annoying.
July 1, 2024
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Zachary Smith
Reliable and User-Friendly: Expensify's Positive Impact on Expense Management
I've recommended Expensify to several colleagues and they've all had positive experiences. It's a reliable, user-friendly solution for expense management.
June 24, 2024
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Matthew Williams
Quit Overthinking, Just Register with Expensify.
I find Expensify user-friendly on both my phone and laptop, which simplifies tracking expenses, whether I'm quickly scanning a receipt on the go or sorting through invoices at my desk. I would recommend it to any company aiming to streamline their expense process.
June 17, 2024
