Are you tired of keeping track of all those receipts?
It can be a real pain, right?
Imagine if there was an easy way to handle all your expenses without the headache.
Well, there might be! Expensify is a popular app that says it can make things much simpler.
But is it really the best for you in 2025?
This Expensify review will help you decide if it is the answer to your expense-tracking problems.
Let’s take a closer look!
Streamline expenses with Expensify. Join the 10+ million users who’ve automated their expense reports. See how it saves businesses an average of $19 per report. Join Expensify today and get rid of the headache!
What is Expensify?
Expensify is a software that helps you automatically keep track of your money spent.
Think of it as a super helpful tool on your phone!
You can use their mobile app to create an account easily.
One cool feature is how it handles your receipt and expense management process.
You can simply take pictures of your paper receipts, & the app helps keep them organized.
If your company gives you a special card, Expensify can often connect to it.
This helps employee expenses get tracked without much work.
It makes dealing with expenses much easier!
Who Created Expensify?
Expensify was created by David Barrett. He started the company in 2008.
David wanted to make a better way for people to handle expenses.
Before Expensify, he worked at other tech companies.
His vision was to make the receipt and expense management process easy for everyone to use.
He wanted to eliminate the old system of submitting paper receipts and waiting to be reimbursed.
Instead of sending things through email and waiting for approval, he imagined a simpler system for corporate and individual employees.
Now, Expensify works with many other gusto companies to make expense tracking smooth.
Top Benefits of Expensify
Here are some of the best things about using Expensify:
- Easily manage expenses for your team: It’s simple to see who spends what and keep everyone on the same page.
- Faster reimbursement: Employees submit their expenses digitally, so getting paid back is much quicker.
- Use Expensify anywhere: You can add expenses on your phone or computer, making it a handy tool wherever you are.
- Set and enforce your company’s policy: It’s easy to set rules about what can be spent, helping everyone follow the guidelines.
- Approve expenses with one click: Managers can quickly review and approve expenses, saving time for everyone.
- Better spending information: You get clear data on where your money is going, helping you understand costs.
- Seamlessly integrate with accounting software like QuickBooks & Xero: This means you don’t have to enter data manually into different systems; they sync automatically.
- Great for travel expenses: Tracking flights, hotels, and meals becomes much simpler. You can even connect your corporate card to Expensify to automatically record transactions and categorize them for tax purposes.
Best Features
Expensify has some really cool things it can do to make dealing with money much easier.
It has special tools that help you keep track of where your money goes, make reports, and even plan trips!
Let’s look at some of the best things Expensify can do for you.
1. Expense Tracking
Keeping track of receipts used to be a pain.
With Expensify, you can just snap a picture of your receipt with your phone.
The app can read the important details, like the amount and where you spent the money.
This means you don’t have to write everything down manually.
It’s a simple way to see all your transactions in one place.
This feature helps you manage the spending & makes sure you don’t lose any important information.
2. Expense Reports
You usually have to make a report when you need to tell your company how much money you spent.
Expensify makes this process much faster.
Once you’ve tracked your expenses, you can easily create reports.
The software puts everything together for you so you don’t have to.
Managers can then approve these reports quickly.
This saves everyone time and makes the approval process smooth.
3. Trip Offers
If you travel for work, Expensify can even help you find good deals.
This feature can show you offers for flights and hotels.
It’s like having a little travel helper built right into your expense app.
This can help your company save money and make planning trips less stressful for employees.
4. Expensify Card
Expensify also offers its own special card, called the Expensify Card.
If your company uses these cards, it can make tracking expenses even easier.
When an employee uses the Expensify Card for work expenses, the transactions automatically show up in the app.
You don’t even need to take a picture of a receipt in many cases!
It helps keep all corporate card spending organized and makes the receipt and expense management process super smooth.
You can even set spending limits and rules for the card, which helps your company control costs and follow your policy.
5. Easy Chats
Sometimes, you need to talk to people about an expense.
Expensify has a chat feature that lets you talk to your team right in the app.
If a manager has a question about a transaction, you can quickly answer it.
This makes it easier to sort things out and keeps everyone on the same page.
It’s a simple way to communicate without having to send lots of emails.
Pricing
Plan Name | Starting Price (per user/month)* |
Free | $0 |
Collect | $5 |
Control | $9 |
Pros and Cons
Knowing the good and bad helps you decide. Here’s a look at what Expensify offers and where it might fall short.
Pros
Cons
Alternatives to Expensify
While Expensify has many great features, other software options can also help with receipt and expense management processes.
Here are a few alternatives to consider:
- Zoho Expense: This is another popular tool that helps businesses track and reimburse employee expenses. It offers features like automated receipt scanning and workflow approvals, often at a competitive cost.
- SAP Concur: Often used by larger corporate companies, Concur offers robust expense management, travel booking, and compliance tools. It can handle complex policy requirements.
- Rydoo: Rydoo focuses on making expense reporting very user-friendly, with a strong mobile app and fast processing. It aims to simplify how employees submit and how managers approve expenses.
- Fyle: Fyle automatically captures receipts and integrates with various accounting software. It emphasizes a seamless experience for employees using corporate cards and submitting expenses.
Personal Experience with Expensify
Our team started using Expensify to make dealing with expenses easier, and it really helped!
Before, everyone had to keep paper receipts and fill out long forms.
It took a lot of time and was easy to lose things. Expensify changed all that.
Here’s how it helped us:
- Taking pictures of receipts was simple.
- The app automatically kept track of the amounts.
- Making expense reports was super quick.
- Getting reimbursement was much faster for everyone.
- Our manager could approve expenses easily on their phone.
Because of Expensify, we spent less time on paperwork and more time on our actual work. It was a helpful tool for our whole team!
Final Thoughts
If keeping track of money is hard for you or your work, Expensify could help.
It’s like a helper for your receipts and spending. Taking pictures of receipts is easy.
Getting paid back happens faster.
It can even work with other computer programs you might use.
Some choices cost more money. But if you want to save time and trouble,
Expensify is worth a look.
Want to make expenses easier?
Go to Expensify’s website and see how it works for you!
Frequently Asked Questions
How does Expensify help with receipts?
Expensify lets you take pictures of your receipts with your phone. The app then reads the important information and keeps it organized for you, so you don’t have to keep track of paper.
Can Expensify connect to my accounting software?
Yes, Expensify can connect and sync with popular accounting software like QuickBooks and Xero. This means your expense data can automatically go into your accounting system.
Is Expensify good for big companies?
Expensify offers plans designed for small teams and larger corporate companies. Its features help manage large numbers of employees submitting expenses and enforce company policy.
How much does Expensify cost to use?
Expensify has different pricing plans, including a free option for individuals with limited use. Paid plans for businesses vary in cost depending on the features and the number of users you need.
Can I use Expensify for personal expenses, too?
Yes, you can use Expensify for personal expense tracking. The free plan is often suitable for individuals who want a simple way to keep track of their spending and receipts.