Expensify

Overview

Expensify handles the full expense cycle for small businesses. Employees snap a photo of a receipt, the AI scans and categorizes it, and the system submits the report automatically. You review flagged outliers instead of every line item. Reimbursements hit employee bank accounts in as little as one business day via ACH. The Collect plan at $5 per member per month covers receipt scanning, corporate card management, travel booking, expense approvals, and QuickBooks and Xero integrations. You can link the corporate cards you already use since Expensify supports 10,000-plus banks globally. The Expensify Card earns up to 2% cash back on US purchases and can offset your monthly bill. With over 15 million members and 4,200-plus five-star reviews, the tool has a proven track record across businesses of all sizes.

Features

• SmartScan receipt capture via mobile app, email forwarding, or drag and drop
• Automatic expense categorization and policy violation flagging powered by Concierge AI
• ACH reimbursements processed in as little as one business day
• Direct integrations with QuickBooks Online and Xero on the Collect plan
• Corporate card reconciliation with support for 10,000-plus banks globally

Best for

Expensify works best for small businesses with one to fifty employees who need to stop chasing paper receipts and manual expense reports. It fits owners who already use QuickBooks or Xero and want expenses to sync automatically without hiring extra accounting help.