6smarketersSoftware
Home/Finance, Legal & Operations/Expense Management/Expensify

Expensify

Expense Management

Visit websiteCompare
★★★★☆ 4.5 / 5 on G2 · 4.4 on Capterra (5,667 G2 reviews)
4.5 / 5
G2 rating, 5.7k reviews [source]
2008
Founded [source]
$5
From per user / month [source]
SmartScan
Receipt capture [source]

Quick facts

CategoryExpense reports
Founded2008
HeadquartersPortland, Oregon
Starts atFree, then from $5/user/mo
Best forEasy expense reports
DeploymentCloud, web and mobile
Free planYes, limited
IntegrationsAccounting, cards
G2 rating4.5 / 5
Capterra rating4.4 / 5

What is Expensify?

Expensify is a popular expense report tool known for fast receipt scanning and easy expense submission and reimbursement. Founded in 2008, it pioneered mobile receipt capture with SmartScan, which reads receipt details from a photo, and lets employees submit expenses in a few taps, with reports, approvals and reimbursement handled, plus corporate card options. Widely used by mid market companies and individuals, Expensify focuses on making the expense report process quick and painless, working with existing cards and cash as well as its own card. For easy expense reports and receipt capture, Expensify is a leading choice.

Expensify's distinction is making receipt capture and expense reports genuinely fast and easy, for both companies and individuals. Its SmartScan and quick submission remove much of the pain of expense reports, it works with existing cards and cash, and it has a large, loyal user base. That focus on an easy expense report experience, available even free for individuals, sets it apart from card first spend platforms.

Expensify at a glanceExpensify is a popular expense report tool with fast SmartScan receipt capture [Expensify]. It holds a 4.5 out of 5 rating across more than 5,600 reviews on G2 and 4.4 on Capterra, widely used by mid market companies and individuals.

Who Expensify is best for

Expensify is best for mid market companies and individuals that want easy expense reports and fast receipt capture, including on existing cards and cash, without necessarily adopting a new corporate card. It suits those prioritising an easy report process. It is a weaker fit for companies wanting free, card first spend management with deep control and savings, where Ramp or Brex fit, or deep enterprise T and E, where SAP Concur fits.

Key features

The core strengths are SmartScan receipt capture reading details from a photo, quick expense submission, reports, approvals and reimbursement, working with existing cards and cash. Expensify offers the Expensify Card, accounting integrations, and mobile apps. Its fast, easy receipt capture and expense report experience, flexibility across cards and cash, and broad adoption are its defining advantages.

Expensify pricing

Expensify offers a limited free tier for individuals and small use, with paid plans per user per month, Collect from around 5 US dollars and Control higher, adding approvals, controls and features, with discounts tied to using the Expensify Card. Pricing scales with users who submit expenses. Match the plan to your needs and card usage. Confirm current figures on the Expensify pricing page.

Integrations and ecosystem

Expensify integrates with accounting systems like QuickBooks, Xero, NetSuite and Sage, plus card feeds and other tools, so expenses and card transactions sync to the books. Its integrations and the Expensify Card let it fit into existing finance stacks while handling expense reports, supporting its role as a flexible expense tool across cards and cash.

Expensify and receipt capture

Receipt capture is Expensify's signature: SmartScan reads receipt details from a photo, so employees snap and submit in a few clicks, removing the main pain of expense reports. For companies and individuals who want expense reporting to be fast and painless, especially on the go, this receipt capture and easy submission are the main reasons to choose Expensify.

Ease of use and support

Expensify is praised for fast, easy receipt capture and submission, with a large, satisfied user base, though some find advanced configuration and support less smooth than its core experience. Its G2 reviews highlight SmartScan and ease of submission, with its expense report focus versus full spend management the main consideration.

Is Expensify worth it?

For mid market companies and individuals that want easy expense reports and fast receipt capture, including on existing cards and cash, Expensify is an excellent, popular choice. The main caution is that companies wanting free, card first spend management with deep control may prefer Ramp or Brex, and large enterprises deep T and E SAP Concur, but for easy expense reports Expensify leads.

Pricing

Free / Individual

$0
limited
  • SmartScan
  • Basic expenses
  • Personal use

Collect

$5
per user / month
  • Expense reports
  • Reimbursement
  • Card feeds

Control

Higher
per user / month
  • Approvals and controls
  • Advanced features
  • Admin

Pros and cons

Pros

  • Fast SmartScan receipt capture
  • Easy expense submission
  • Works with existing cards and cash
  • Large, loyal user base
  • Accounting integrations

Cons

  • Expense report focus, not full spend
  • Advanced config less smooth
  • Discounts tied to its card
  • Not free card first spend management

Expensify alternatives

These expense management tools come up most often against Expensify.

Expensify FAQ

What is Expensify used for?
Expensify is used for expense reports: capturing receipts with SmartScan, submitting expenses in a few taps, and handling reports, approvals and reimbursement, for companies and individuals, working with existing cards and cash as well as its own card.
How much does Expensify cost?
Expensify has a limited free tier and paid plans per user per month, Collect from around 5 US dollars and Control higher, with discounts tied to using the Expensify Card. See the Expensify pricing page.
What is SmartScan in Expensify?
SmartScan is Expensify's receipt capture feature that reads details from a photo of a receipt, so employees can snap and submit expenses in a few clicks, removing much of the manual pain of expense reports.
Expensify vs Ramp, which is better?
Expensify focuses on easy expense reports and receipt capture on existing cards and cash, while Ramp is free, card first spend management with automation and savings. Expensify suits expense reports; Ramp suits spend control on its cards.
Does Expensify work with existing cards?
Yes. Expensify works with existing company and personal cards and cash, as well as its own Expensify Card, which makes it flexible for companies that do not want to switch to a new corporate card program.
Is Expensify good for individuals?
Yes. Expensify is widely used by individuals as well as companies, with a limited free tier and fast receipt capture, making it a popular choice for personal and freelance expense tracking alongside business use.

External links