Archives For preaccounting

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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[Newsletter] What we’ve been working on all year

David Barrett —  December 12, 2018

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…

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That’s a Wrap! 8 Trends and Takeaways from ExpensiCon: Bora Bora

Joanie Wang —  May 2, 2018 — Leave a comment

ExpensiCon II Keynote photo Redmond Accounting

ExpensiCon has always been a unique conference experience, but attendees were in for a treat as they descended on the islands of Bora Bora. In addition to the lifelong memories being made, our curated list of guest speakers and roundtable discussions provided everyone with new outlooks and learnings — and that was before attendees had the chance to exchange their own tips and tricks! Though ExpensiCon ended last week, take a walk down memory lane with us as we fondly look back on the top 8 trends and takeaways from this once-in-a-lifetime partner retreat.

1. Preaccounting is front and center for the accounting industry — you just didn’t realize it yet

Despite putting behind them one of the busiest days of the year (at least until next year!), client services weren’t far from most attendees’ minds as they landed in Bora Bora, ready to hit the ground running. Attendees took advantage of the wealth of knowledge amongst each other to trade tips and tricks on best practices to bring back to their firm and clients. What emerged through conversation was honing in on how accountants can take advantage of technology to help their clients get their portion of the paperwork done. Continue Reading…

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Introducing: The Powerful Expensify Widget on 9 Spokes Data Dashboard

Lindsey Peckham —  October 15, 2017 — Leave a comment

Expensify Dashboard

2017 has been the year of partnerships for Expensify: We’ve launched a number of receipt integrations, an AirPlus Partnership, and now we’ve joined 9 Spokes as a featured widget in their data dashboard!

The newly-launched 9 Spokes dashboard offers users key insights and a real-time analysis of their business data, allowing users to see the full picture of where their business stands from both a financial and growth perspective.

Continue Reading…

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[Newsletter] The best way to #BurnYourReceipts

David Barrett —  July 26, 2017 — 4 Comments

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…

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CEO Fridays: #Preaccounting: The Job We All Hate, But Must Do

David Barrett —  June 9, 2017 — 1 Comment

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…

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