Archives For expensify

It’s been a while since we’ve encountered technology that every industry is talking about. ChatGPT is already changing the way we interact with each other, whether it’s students writing papers for class, marketers writing content for SEO, or people trying to figure out what the best taco is on the west coast. 

If you haven’t given it a go yourself, do it. It’s a really fun tool to play around with. I’ve used it to proofread my writing, help plan an upcoming trip, and am exploring how to integrate it into the Expensify app. So naturally, I decided to ask ChatGPT, “What is the best expense management app?” 

ChatGPT naming Expensify the top app when asked “What is the best expense management app?”

I won’t lie, I was excited to see Expensify as the recommended expense management app by ChatGPT.

That said, I was also genuinely interested if ChatGPT would pick Expensify consistently, or if this was a lucky guess with the stars of the internet aligning, so I asked the question a few more times in slightly different ways: 

  • Write an article about the best free app to track business expenses.
  • What is the best SMB expense management app?
  • What is the best receipt tracking app?

And every time the answer came back… Expensify.

ChatGPT named Expensify the top app when asked to “Write an article about the best free app to track business expenses.”
ChatGPT named Expensify the top app when asked “What is the best SMB expense management app?”
ChatGPT naming Expensify when asked “What is the top receipt tacking app?”

Going further, I wanted to dig into why ChatGPT thought Expensify was so great, and what the reasoning it would give for recommending Expensify is great. I won’t bore you with the full computer-generated perfect post, but at a high level, here’s what ChatGPT had to say (and the receipts to prove it!) about why Expensify is the best expense software:

ChatGPT’s naming some of Expensify's response (partial) when asked “Why do you think Expensify is the best expense management app?”. The list includes: automation, user-friendly, integrations, real-time expense tracking, receipt management, expense policy enforcement,

ChatGPT is pretty spot on. People love Expensify’s automation. The fact that employees can snap a photo of a receipt and then Expensify automatically inputs the rest of the receipt information is one of the reasons the app has over 12 million people already using it. Having industry-leading integrations with every major cloud accounting platform is why more business owners choose to go with Expensify than pretty much all other competitors combined. And the real-time expense tracking and automation are why so many accounting teams find the platform saving them tens of hours per employee each month. ChatGPT got this all right, but there is some missing context on how ChatGPT is coming to this conclusion. 

Ultimately, ChatGPT is just reading and summarizing what the internet thinks. Fundamentally, ChatGPT is consistently coming to the conclusion that Expensify is the best expense management software because: 

  1. Expensify is loved by users. The product speaks for itself, but so do the ratings. Go to any marketplace and you’ll see that Expensify has consistently high ratings. Users do the speaking for Expensify, and ChatGPT notices that. 
  2. Expensify has more users. Expensify has over 12 million users. Almost no other financial companies can tout that kind of scale, especially where the employees interact with the app on a day-to-day basis. So Expensify just gets talked about more on the internet than competitors, and ChatGPT likes that. 
  3. Expensify is the best product in multiple customer segments. Expensify is the highest-rated app for free expense management, SMB expense management, and mid-market expense management. So Expensify has a diverse range of customers endorsing the product, and ChatGPT picks up on that. 
  4. Expensify is top-rated in the mobile app stores. Expensify has been the innovation leader in expense management for 14+ years. This means there are more reviews talking about all the great features than the rest combined and the reviews just keep getting better. As we know high ratings indicate high satisfaction, and ChatGPT takes that into consideration. 
  5. Expensify dominates the accounting package app marketplaces too. If you go into the accounting marketplaces, Expensify will be both highly rated with the most reviews and most likely the recommended expense product in all of them, all of which is picked up by ChatGPT. 
  6. Expensify partners with the most influential people in expense management. Expensify has a flourishing partner program for accountants all around the world. Those accountants evaluate the best financial software to recommend to clients, choose Expensify, and then promote it to all of their clients and colleagues on social media, emails, etc. because they are thought leaders in the industry. ChatGPT picks up on that.
  7. Expensify is global. Expensify dominates the expense reporting landscape in every English-speaking country. With offices on three continents, Expensify is supporting users all around the world in real-time and ChatGPT knows this. 

All in all, ChatGPT gives you the greatest hits on why users like Expensify the most: the product is awesome. Hopefully though now you can also understand why ChatGPT likes Expensify the most. 

Don’t trust ChatGPT? Check out Expensify for yourself here at use.expensify.com

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!

Continue Reading…

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!

Hey there, I have some news to share that I think you’re going to like (and if not you, then definitely someone you know).  In short: Expensify has just launched new plans for individuals at only $5 per month! As crazy as it sounds, this is by far our most commonly requested feature, but it has taken us 10 years to get around to it. Continue Reading…

image (18).png

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!

 

We’re less than two weeks away from ExpensiCon, where the industry’s biggest thought leaders and Expensify’s biggest partners will meet to share best practices, forge lasting relationships, and get a sneak peak at Expensify’s game-changing product roadmap. From our conversations with attendees, it sounds like we’re not the only ones who are looking forward to this amazing event! Hear from six attendees on what they’re looking forward to most at this four-day conference — and why it’s a can’t-miss event!

Tom Hood, CPA, CITP, CGMA; Chief Executive Officer of MACPA

Tom Hood, CPA, CITP, CGMA; Chief Executive Officer of MACPA at ExpensiCon“Why am I super excited to be going to Expensicon II in Bora Bora? I get to spend four days living in the future of accounting with those who are shaping it. Expensify has assembled a collection of industry leaders, leading-edge firms, and innovative tech companies that I cannot wait to connect with and learn from each one. And the location sure beats an airport hotel!”

Follow Tom Hood on Twitter or connect with him on LinkedIn.

 

Marsha Gibb, Director of Onboarding at Growthforce

“ExpensiCon Maui was a fantastic experience that I thought would be hard to top, but can’t wait for Bora Bora! Two years ago in Maui, we learned about the history of Expensify and what made Expensify soar to the top of the industry. Those sessions were so helpful in shaping how we understand the industry, and I can’t wait expand on that through meeting and collaborating with with some of the best accounting and technology experts in the field again this year. I also can’t wait to learn about the new features and see the product roadmap so I can bring those back to our teams at GrowthForce!” Continue Reading…

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!

Tips and tricks for scaling SQLite for 4M real-ish queries per second on a single server, and how bare metal compares to EC2 for this workload.

Continue Reading...

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: receipt integrations.

Continue Reading…

28145109-96e64122-6724-11e7-97d1-f16a708c84ea

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:

Continue Reading…