Expensify Targets Global Self-Employed Market With New Expense Tracking Features
April 30 2024 - 3:34PM
Business Wire
New Expensify uses enterprise-grade receipt
scanning and distance tracking to capture emerging SMBs at their
earliest stages and provide an upgrade path for future
growth.
Expensify, Inc. (Nasdaq: EXFY), the financial management
superapp for expenses and corporate cards, today announced that
expense tracking for self-employed professionals is now available
in its next-gen New Expensify platform. The upgrade makes it easier
than ever for self-employed professionals to track all types of
business spend – as receipts, mileage, or manual amounts – in one
place. They can then categorize the expenses and share them with
their accountant for tax purposes, all in the same app.
“A huge portion of the workforce in the US, and an even
larger percentage globally, don’t have access to a super simplified
expense tracking solution. For freelancers, independent
contractors, and small business owners specifically, managing
expenses can be a time-consuming and daunting task," said David
Barrett, CEO of Expensify. "With New Expensify, we've reimagined
expense tracking to be simpler, snappier, and more powerful than
ever before. Our goal is to empower members to take control of
their finances with ease."
For those navigating tax season, New Expensify offers invaluable
assistance in organizing and coding expenses for maximum
deductions. Members can also ensure a smooth and hassle-free tax
prep process by inviting their accountants to collaborate directly
within the app. Plus, members can chat with teammates, customers,
clients, vendors, suppliers, and friends in the same place with the
ability to respond from where they're at (whether email, text, or
chat).
Sign up today at new.expensify.com and share your feedback with
us directly in the #new-expensify-feedback chat room.
About Expensify
Expensify helps more than 12 million people around the world
track expenses, reimburse employees, manage corporate cards, send
invoices, pay bills, and book travel. All in one app. So whether
you're working for yourself, running a small business, managing a
team, or closing the books for your clients, let Expensify handle
your spend so you can stay focused on success.
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version on businesswire.com: https://www.businesswire.com/news/home/20240430966401/en/
Nick Tooker, press@expensify.com
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