Explore insightful articles, tips, and industry-leading finance news. Take a deep dive into what we do best — expense management, financial processes, spend optimization, and much more.
Howdy from Al and the Success Coaches! I want to take this time to share our newest feature, Automatic (yes, AUTOMATIC) Statement Reporting. Automatic Statement Reporting is a domain control feature that auto-creates and auto-populates a report with expenses for an assigned credit card in a given statement period.
What do you do when you love something so much and want to change the current industry standard?
You start a company (obviously).
For us, we had a vision to rid the world of expense reports that suck. For the guys at Chubbies Shorts, they envisioned an alternative, retro glam lifestyle from decades past. Two completely different businesses in every single way, but both ideas were born from a desire to change the status quo.
As we continue towards our major realtime expense reporting push, we are continuing to streamline the Expensify product. This started with simplifying our pricing structure and now involves changing the way report submission and approval works for those people using Expensify outside of an expense policy.
This month marks the sixth anniversary of Expensify. In May 2008, David Barrett got the idea of a world where expenses reports don't have to suck. With this idea in mind he rallied the troops and founded Expensify, and for six years we've been experimenting with countless ideas on how to make expense reports not suck.
Great news everybody! We've just released support for kilometres in mileage expenses (both web and mobile) as well as time tracking on the web interface.
Last month we announced Amex Corporate Card Reconciliation and received a huge enthusiastic response from our users. Due to the popularity of the feature and user demand, we have expanded Corporate Card Reconciliation to many more major banks.
Maybe you’ve heard of Bitcoin recently in the media. It's quickly gaining popularity and we believe we are the most mainstream company to implement it with an actual business implication. We’ve hinted that it's coming, but today we are excited to announce Expensify has added Bitcoin as a reimbursement option for your expense reports. Fans of digital, decentralized, crypto-currencies rejoice!
In light of our international business travel, we figured it is high time to let you in on Expensify's best practices for expense reporting abroad. These aren't hard and fast rules, but suggestions to make reporting expenses the easiest it can be.
At some point, a startup outgrows its lack of structure, but isn’t yet ready for the real deal. What do you do? There are some lessons to be drawn from how P2P networks grappled with the same problem.
As you might know, we're hiring the best programmers in the world. Sure, everyone says that. But my coders will beat up your coders, any day of the week. For example, Mich is barely 5 foot tall, but is a competitive fencer. Witold is a 6'3" former professional hockey player. Nate practices knife fighting for fun. And they're pretty decent programmers, too.
