Managing expense reports is a time-consuming and, let’s face it, downright annoying process which is why I was drawn to the tagline of a nifty little app Expensify. Expensify markets itself as creating “Expense Reports that Don’t Suck”, and true to its word, that’s exactly what it does.
The app is simple to set up and use, eliminates paper, and provides an easy way to track and submit claims and reimbursements. It’s one very useful tool, particularly for small business owners and sole operators like so many us in the financial planning industry. Its base package is also free so if your requirements are limited, you garner all the efficiencies of the app for zero investment.
Having launched back in March 2010, the company has been constantly modifying, improving and integrating its product with key partners such as Uber, QuickBooks and Xero. Theirs in an interesting and successful start-up story – the one we all love to read. Raising more than $20M in funding it has received constant accolades over the years and named often in the media as one of the best apps for entrepreneurs and business. Most recently Expensify was named by Forbes as one of the Hottest Startups of 2015 and Fast Company as a Top 10 Most Innovative Company in 2015.
If you are still walking around with a wallet or laptop bag full of receipts I encourage you to give Expensify a try. Download from www.expensify.com, the App Store or Google App Marketplace. Every member of your team who deals with expenses will thank you for it.
Chris Wrightson. Founder and CEO at Centurion Market Makers, the industry experts in the sale, acquisition and management of financial planning firms. If you’re planning on selling your firm in 2017, we’d love you to call us for a confidential discussion, or continue browsing our website for more tips, tools and info on the steps to take when buying or selling your financial planning firm.
Share this Post