Item: Expensify
Rating: 9
Author: Verified User

Overall Satisfaction with Expensify

Use Cases and Deployment Scope

Expensify was being used organization-wide to track employee expenses. Our business, especially in the marketing department, required a lot of travel and last-minute expenses. Having a seamless expensing system was crucial. Expensify has an easy to use interface and made it really simple to import receipts by connecting your card.

Pros and Cons

Pros

Great looking user interface that is responsive and state of the art.
Clear instructions and flow for entering expenses and submitting expense reports.
Easy to connect expense accounts and payment accounts.

Cons

Expensify can do better about consolidating reporting. We had to implement a formal process for the users on how exactly to submit reports each month so that accounting could stay organized. Features should exist in the software to prevent this problem.
The interface and login could sometimes be slow, but was usually not buggy.

Return on Investment

Expensify lowered the overall time it took to handle expense reporting and reimbursement.
It provided an automated way for employees to submit receipts and generate expense reports, which decreased engagement time with accounting colleagues.
The price wasn't too high given all the value it provided.

Other Software Used

Marketo, Marketo Real-Time Personalization

Likelihood to Recommend

I think Expensify is a great solution for startups or SMBs wanting to implement an easy-to-use solution for expense reporting. It handles expense logging all the way to reimbursement. You can even reimburse through PayPal, which makes it easy to reimburse contractors who may not want to share bank account information. Overall, the interface is easy to use which is one of the most important assets for a solution that has to be used by many different people.

Comments

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Expensify is great for startups and SMBs

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