Hello! I hope you’re enjoying the height of summer (or winter) wherever you are. I just wanted to give a quick update on some incredible progress with one of our lesser known but increasingly important features: ReceiptBurner.
Just one year ago (almost to the day!), we announced ReceiptBurner. 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 ReceiptBurner integrations, all focused on smoothing the pains of business travel:
It’s always a thrill ride when an Expensify customer becomes an Expensify partner, so buckle up!
We’ve partnered with Lyft to make expensing business rides automatic and touchless, like your favorite Sunday carwash. When your Lyft ride is complete, your ride receipt will automatically populate in Expensify for easy expensing – no clicks or taps necessary!
Everybody knows what accounting is:
Accounting [uh-koun-ting] (noun)
The theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.
But what is “preaccounting”? Not everybody is as familiar with this newer concept, so I’ll go ahead and define “preaccounting” as:
Preaccounting [pri–uh-koun-ting] (noun)
The system through which financial data is gathered, coded, aggregated, and normalized so as to enable accounting to occur; accounting processes executed by non-accountants, including expense management, time tracking, etc.
In layman’s terms, preaccounting is the super boring, tedious work that nobody wants to do, but that absolutely needs to be done before the truly valuable accounting work can begin. Unlike accounting, which is clearly the job of accountants, preaccounting is nobody’s job. Continue Reading…
Innovation is a tricky thing in that it makes the impossible seem boring. I think it’s amazing that my 2.5 year old daughter will never really understand why it’s called “rolling up the window”, that google wasn’t always a verb, or that rocket ships were actually thrown away like garbage into the ocean after each use. People innovate to change the world, but once changed, we forget it wasn’t always that way.