Expensify, the fastest growing expense management software worldwide, announced today two new plans, Track and Submit, for individuals looking to store and organize their receipts. Freelancers, entrepreneurs, real estate agents, and those who need to track their business expenses for Schedule C tax deductions will love Expensifys Track plan, which allows users to keep their receipts in a central repository accessible by their accountant. Employees frustrated with their current expense process can sign up for Expensifys Submit plan to send receipts and expense reports directly to their manager, even if their company doesnt currently use Expensify.
Whether youre a real estate agent, Uber driver, freelance designer, or starting your own business, you need to keep thorough records of all receipts and expenses for tax purposes, says Kelly Johnson, National Practice Leader, Business Services & Outsourcing at BDO. Expensifys new offerings allow our self-employed clients to quickly create a repository of SmartScanned receipts and expenses that can be easily shared with our team in real time, saving both parties countless hours of manual entry and streamlining accountant-client communication.
In addition to the two new plans being offered, Expensify updated their Team and Corporate plans to Collect and Control respectively to more accurately convey who each plan is meant for.
Track, submit, collect, and control are four key actions that focus on the role of the two most common types of Expensify users individuals and administrators and makes obvious the relationship between the two and how they interact with the product, says David Barrett, founder and CEO at Expensify. With our new nomenclature, were confident that our users are better equipped to make smart decisions about what plan and functionality suits their needs best as related to their expense management goals.
While Expensifys Collect plan is for administrators who are looking for a simple receipt and expense solution for their growing team, Control provides accountants additional audit and compliance features needed for big companies.
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All four plans Track, Submit, Collect, and Control offer a curated set of features for solving a particular goal, as described by the plan names. For more information on plans or to sign up, visit https://use.expensify.com/pricing.
Expensify is the only expense management tool built for companies of all sizes, from solopreneurs to the Fortune 500. The easy-to-use app automates the entire expense reporting process with SmartScan OCR receipt tracking technology, company card management, next-day reimbursement, and other time-saving features that make life easier for accountants, finance admins, and employees. Expensify is used by more companies than any other expense software in the world.
Rose Grech, [email protected]