Accounting
Apps We Love: Expense Management
Do you yearn for a better, easier way to track expenses, prepare expense reports, process reimbursements? Maybe we can help…!
Dec. 21, 2015
How do you manage your expenses? Is it chaotic? Haphazard? Are there are receipts all over your desk and falling out of pockets and handbags? Have you ever lost a receipt? Have you ever forgotten to report an expense and then discover the receipt many months later? Do you have employees depending on you for reimbursement? Do you yearn for a better, easier way to track expenses, prepare expense reports, process reimbursements? Maybe we can help…!
Most of the apps below coordinate with a variety of accounting software programs, produce expense reports, operate in the cloud, and work on multiple platforms. This isn’t a review, so we’re not providing all of the nitty gritty details here, and the features on these programs are constantly improving anyway, so what we say today might seem incomplete a month or two from now. This is just a list to get you started – know that no matter what your expense management needs are, we can guarantee there is an app that will take away your stress and ease your burden.
Concur: Take pictures of your receipts, and then create expense reports right within the app. The Concur suite includes travel management apps as well, so check out all of their products.
Expensify: Scan, email, take pictures of your receipts, enter cash expenses easily, record mileage with a built-in GPS tracker, collect credit card transactions.
Xpenditure: Store all of your receipts in a secure cloud environment; match receipts to credit card statements; reconcile with bank and credit card reports; generate expense reports; manage everything through a user dashboard.
Receipt Bank: Scan and convert all of your receipts into usable information with no data entry. Use the Practice Platform to gain full visibility as to what bills, receipts, transactions need to be processed in a given day.
Zoho Expense: Import from credit cards, track mileage, study expense analytics, scan receipts, use multi-currency features – completely avoid the manual entry of expenses.
Abacus: Reconcile credit cards and automate expense reimbursement in real time without the need for expense reports.
Shoeboxed: Receipt and mileage tracker, receipt verification service, create expense reports and accounting entries.
ExpenseBot: Take photos of receipts, track mileage, prepare expense reports, check charges on your credit card. Their website mentions that your staff will be happier and morale will be higher if you use their product!
Looking for more apps, more details? Here are some recent reviews by groups we love that will lead you to more in-depth analysis:
Small Business Trends 27 Solutions for Time and Expense Tracking:
http://smallbiztrends.com/2015/11/time-and-expense-tracking-apps.html
ZDNet Best Expense Tracking Apps:
http://www.zdnet.com/article/best-expense-tracking-apps-for-iphone-android-and-windows-phone/
GetApp.com Expense Management App Reviews:
https://www.getapp.com/finance-accounting-software/expenses-management/#getrank