Expensify is the tool you need to report expenses and track receipts. It’s an extremely popular expense report management, with more than four million users across the globe.

Automated and Quick

Most expense tracking tools require manual intervention. Though not the most difficult thing to do, it’s hard to be consistent when you have to manually enter details about your expenses. Expensify tries to solve this by automating things. To document a receipt, you only have to snap an image of your receipt with the help of SmartScan. The tool takes care of everything else thereafter. The app is designed considering the requirements of small businesses, individuals and accountants who would not want anything to do with spreadsheets.

Ideal for Business Travellers

The tool streamlines tax compliance and work-related travel with expense reports. If you are a solo entrepreneur or small business wanting a solution for simple receipt capture, SmartScan OCR technology would be of great value. The patented technology negates manual data entry, making it much easier to track receipts when on the move. More complex functionalities are also available for bigger firms. It includes expense reports, automatic reconciliation of credit cards, workflow approval at multiple levels, company card management, integration with HR and accounting software tools, etc. If you’re still a bit sceptical about Expensify’s financial capabilities, you should know the tool has been endorsed by CPA.com and AICPA.