Companies with multiple employees can struggle to handle expense reimbursements. Using manual or paper based systems are inefficent, prone to error, and time intensive. The good news is that there is a great software that links up with Xero or Quickbooks Online to help your company automate and streamline the entire expense reimbursement process. That software is Expensify.
Expensify allows your company’s employees to create expense reports digitially by scanning their receipts and submitting their expense reports timely for approval. Employees have access to an application that allows them to take pictures of their receipts via their smartphone and create reports on the fly. SmartScan technology can read receipt details and categorize expenses. Expensify also allows companies to setup expense reimbursement policies that are enforceable and easily allows you to see where employees are not complying. Approval workflows can be setup so the right people are reviewing and approving the expense reports. The system automatically detects duplicate expenses and provides a full audit trail. Best part is that you can reimburse employees via ACH directly from Expensify.
We believe that Expensify is the best software on the market for this and we are proud to announce that we are an ExpensifyApproved! Partner! Let us know if you are interested in learning more about Expensify. We also can get you a sweet 15% off the price of the software.