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Expensify Announces Funding, New Features

expensifyadmin —  August 13, 2009 — Leave a comment

Yesterday, at SF New Tech in San Francisco, we publicly announced that we’ve taken on $1M of funding in a seed round.  This is great for us as it means that we’ll be around for a long time to come, and will be able to do much more for our users in terms of delivering the features they want and making expense reports suck even less.

We also announced some new features as well.  First off, we now have a Salesforce application so that Salesforce users can do their expense reports from within the Salesforce website.  This will be a great new feature for people on the go that rely on Salesforce as their CRM system.  Here’s a screenshot of the Salesforce application:

The next new feature that we announced is Quickbooks integration.  We’ve heard from so many of our users that Quickbooks is the accounting solution for their business, so we’re making it as easy as possible to integrate Expensify into your current accounting workflow.

Finally, we’ve also announced a new API for developers.  If you’re a developer and would like to add expense reporting to your website, you can use us as the platform.  We’ve created two ways for you to integrate:

  1. Whitelabel API:  The whitelabel API allows you to include all of Expensify’s functionality onto your own website by including an IFRAME onto your page.  Then we work with you to style Expensify to look like your site using CSS, and it’s all done!  A full expense reporting solution for your users
  2. Web Service API:  The web service API is much like traditional APIs, in that you make requests to our server and we return data to you.  It’s up to you to present this data to the user, so you can make entirely different interfaces than the standard Expensify interface.

That’s all for now, but stay tuned to our blog for new updates to our site as they happen.

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New Blog!

expensifyadmin —  August 11, 2009 — Leave a comment

Welcome to the new Expensify blog!

This will be the place to check for the latest Expensify announcements, as well unique insights into the world of expense reporting.  We hope you subscribe to our RSS feed and follow our progress as we work towards our ultimate goal of making expense reports painless and easy.

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The Expensify iPhone App is Finally Here!

expensifyadmin —  June 25, 2009 — 5 Comments

It’s been a couple months since our last update, but we’re very proud to announce something we’ve all been waiting for: the Expensify iPhone application! I know you thought we were making it up all along (and at times it felt like a dream), but the vapor has finally taken shape and you can download it today!

Install the Expensify iPhone Application

As you might know, you’ve always been able to take pictures of receipts and email them to receipts@expensify.com for inclusion with expense reports. This application streamlines it even further for iPhone users such that you can take pictures and upload straight to your account, over wifi or 3G, skipping email entirely. So download it today and give it a shot!

What’s New?

We’ve been so busy we haven’t spent a lot of time communicating with you (sorry about that!) but here’s a quick update:

  • Lots of talking: One reason we’ve been quiet in email is we’ve been loud in person — watch us demo at Finovate Startup 2009, watch Witold demo solo (part one, 1:23:50 in) at Business Insider Startup 2009, or keep an eye out for the results of even more demos given in private!
  • Lots of learning: The general consensus seems to be that Expensify “just works”. Not perfect, but pretty darn well. So rather than just building loads of random features, we’ve talked in detail with hundreds of users to learn exactly which new features will make our already good product great.
  • Lots of tweaks: Some of those user-requested features are already underway (thanks a million, keep clicking that red Feedback link!), including:
    • Mileage (and other unit) support: Log a cash transaction for “500 miles” (via web, email, or SMS) and we’ll auto-calculate the reimbursable amount based on the federal mileage rate, or customize the rate and add other units (hours, widgets, etc.) in your settings page. (Read more)
    • Multi-level approval: Do you approve reports but not reimburse them? Now click “Approve and forward” to send it up the food chain — we’ll even keep track of the approval (and rejection) history for all to see.
    • Report CCs: A little thing but one that got countless requests: now you can “carbon copy” another email address when submitting reports!

We’ve also released a ton of minor fixes under the hood, and are laying the foundation for some even more significant changes down the road. So we might have been quiet, but we sure have been busy!

Expensify is Growing!

That’s right, we just doubled the company. Granted, that’s not terribly hard when you only have two people to start, but think of it this way: if we can do all this with just two guys, just think what we’ll be able to do with two more!

So there’s a lot going on over here at Expensify world headquarters, and I’ll try to do a better job in the future of keeping you informed. In the meantime, just keep filing expense reports and we’ll keep getting you reimbursed, faster and easier every day!

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