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2019-01-09_20-26-54

Spend Trends is our analysis of today’s most popular, fastest-growing, and emerging business expense trends. As you can imagine, after 10+ years in the expense management game, we’ve gathered some pretty cool insights into the top trends in business spending. We’re excited to share them with you!

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Expensify’s Year in Review

James —  December 18, 2018 — Leave a comment

2018-year

Hopefully you’re settling in for the holiday season with a warm cup of cocoa, a list of Netflix specials, and a toasty fire fueled by burning receipts. In the meantime, we’re here to let you know that 2018 was our best year yet – we’re growing faster than ever, expanding our ExpensifyApproved! program like crazy, and building out new partnerships around the globe.

Here’s an abbreviated recap of our year so you can get back to doing what you love:

  • We announced four updated plans – Track, Submit, Collect, and Control – so pretty much anyone can incorporate Expensify into their daily workflow. We’re talking self-employed hustlers, freelancers, contractors… even employees of companies who don’t currently use Expensify. Try the plan that’s right for you today – for free!
  • Our ExpensifyApproved! Partner Program grew to include 35% of the top 100 U.S. accounting firms and 70% of the top 10 U.K. firms. In tandem, we built out ExpensifyApproved! University as a one-stop training and certification program for any accountant or bookkeeper who wants to master Expensify and pass along the benefits to their clients.
  • We doubled down on product features that make audit and compliance easy for any Expensify admin. Our Reconciliation Dashboard is the go-to tool for realtime visibility across company card transactions and an invaluable feature around month-end close. Concierge DoubleCheck is an ever-present, AI-powered audit and compliance buddy that automatically flags duplicate receipts, risky expenses, and more.
  • Partnerships-wise, we were named NetSuite’s Innovation Partner of the Year and teamed up with corporate travel management startup TripActions, HR platform Gusto, and VAT recovery providers Global VaTax and Taxback International for streamlined integrations.

Want to hear more about what we’ve been up to in 2018? Check out the full press release here and join the Community for in-depth discussions on everything Expensify!

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Class is in session!

ExpensifyApproved! University is Expensify’s new training and certification program for accountants who want to master Expensify and pass along the benefits to their clients.

The curriculum contains six courses that dive into topics such as Expensify terminology, critical product features, client management best practices, corporate card functionality, and more. We’ve pulled together all of our tips and tricks in one place to give you insights from both the accountant and client perspective – so you can get the most out of your Expensify experience.

After you graduate from ExpensifyApproved! University, you join the world’s top accounting firms in our industry-leading ExpensifyApproved! Partner Program. The program offers exclusive discounts on Expensify usage, expedited support, marketing opportunities, and the chance to rub elbows with accounting industry elite at once-in-a-lifetime networking events such as ExpensiCon.

Enroll in ExpensifyApproved! University today!

 

Global_VaTax--Taxback_International@2x

It’s now easier than ever for your company to get a value-added tax (VAT) refund on international expenses. Just connect Expensify to Global VaTax or Taxback International and your expenses flow automatically across for VAT analysis, submission, and recovery. Even better, depending on the country and type of VAT, your company could be eligible for a VAT refund on expenses going back as far as 5 years!

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Since 2008, Expensify users have saved more than 24 years of manual data entry with SmartScan.

Check out the infographic below for more cool stats on the past 10 years of Expensify!

Expensify - 10 Years of Expense Reports That Don't Suck!

Expensify customer Hubdoc has (temporarily) handed the bookkeeping reins to a novice – Senior Product Marketing Manager, Geoff Gualano.

As interim bookkeeper at Hubdoc, Geoff has been tasked with learning his way through the company’s bookkeeping tools (including Expensify) and using his fresh perspective to uncover workflow inefficiencies.

We chatted with Geoff about how he – as a first-time admin – used Expensify to manage Hubdoc’s receipt tracking and expense management process.

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Just one year ago (almost to the day!), we launched our first round of receipt integrations. Our vision was to eliminate paper receipts by importing them into Expensify directly from the most commonly expensed merchants, such as Uber, HotelTonight, and Revel Systems POS. We added Lyft to the roster last week, and the receipt fire still burns! Here are our five newest receipt integrations, all focused on smoothing the pains of business travel:

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