CPA Practice Advisor

JUN 2015

Today's Technology for Tomorrow's Firm.

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June/July 2015 • www.CPAPracticeAdvisor.com 11 Expensify Recently awarded World's Top 10 Most Innovative Companies Of 2015 in Money by FastCompany, Expensify is the innovation leader in the expense management space. Expensify's patented SmartScan receipt OCR transcription technology that auto-matches receipts to imported transactions has transformed what modern expense management looks like. Great technology isn't enough, expense management's efectiveness hinges on the employee's willingness to use the product. Tat is why Expensify's innovative design and simple end user experience is valued on par with our industry-leading technology. While most products in the space were built to be sold, Expensify was built to be used. Users love that Expensify increases the efciency of their expense reporting process; for example, SmartScan reduces the amount of time it takes to do expense reports by automating what used to be a manual, data entry process. As a result, companies are more efcient in how they do their expense reports, from frst expense to reimbursement. A testimony to Expensify's simple yet powerful nature is the range of customers served. Expensify works equally well for solo-preneur CPAs as it does for accounting departments in the Fortune 500. Tey've thoughtfully structured the product to only expose as much complexity as the end user wants/needs without stifing functionality. Integrations are built with user efciency and productivity in mind; by directly linking your accounting solution with Expensify, you are eliminating repetitive work and data entry. Expensify's streamlined workfow allows users to focus on making their business more productive and proftable. Not only popular amongst accountants, industry thought leaders are also taking notice. Scott Zarret, President of the CPA Academy said, "We originally partnered with Expensify to provide accountants expense management training for CPE credits. After reviewing the product, we were convinced it is the best expense management solution out there and we now use Expensify ourselves." Doug Sleeter, founder of Te Sleeter Group said, "Expensify ofers an amazing product that completely disrupts the old model of expense reporting. Its slick interface and ease of use makes it a no-brainer decision to use it in your business. Your employees will LOVE it!" Laura Redmond, Quickbooks Online ProAdvisor of the Year and Advanced Certifed QuickBooks ProAdvisor, acknowledges Expensify is a great ft for accountants and says it's "the natural choice to recommend to use with our clients." Expensify exemplifes innovation by setting the highest standard in expense reporting and receipt management. Te simple and pleasing end-user experience ensures employees actually use the service, making the lives of accountants everywhere easier, more efcient, and more productive. Seamless two-way integrations with best-in-breed solutions and time-saving automation (including auto-attaching of receipts to imported credit card transactions and auto- categorization of transactions using the imported chart of accounts) rounds out Expensify's ofering. By refusing to follow what has always been done and leveraging emerging technology to simplify the lives of its customers, Expensify tirelessly strives to deliver Expense Reports that Don't Suck! s p o n s o re d c o n t e n t FOR MORE INFORMATION ABOUT THIS PRODUCT: Website: www.Expensify.com T E C H N O L O G Y INNOVATION AWARD Spotlight

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