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Bill.com vs Expensify
May 28, 2023 | Author: Michael Stromann
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Bill.com brings smart AP and AR automation and new bill payment capabilities to your business. The intelligent way to create and pay bills, send invoices, and get paid.
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Simplified expense reporting your employees will love. Streamline the way your employees report expenses, the way expenses are approved, and the way you export that information to your accounting package.
Bill.com and Expensify are both popular financial management platforms, but they serve different purposes and offer distinct features. Bill.com focuses primarily on streamlining and automating accounts payable and receivable processes for businesses. It offers features such as digital invoice processing, payment approvals, and automated payment scheduling, making it easier for businesses to manage and track their financial transactions. On the other hand, Expensify is a comprehensive expense management tool that helps businesses and individuals track, submit, and reimburse expenses. It provides features like receipt scanning, expense categorization, mileage tracking, and integration with accounting software. Expensify is designed to simplify the expense reporting process and ensure accurate and efficient expense management. The choice between Bill.com and Expensify depends on the specific financial needs of the user or organization. If the focus is primarily on managing accounts payable and receivable processes, Bill.com would be a suitable choice.
See also: Top 10 Invoicing software
See also: Top 10 Invoicing software
Bill.com vs Expensify in our news:
2015. Expensify added new travel site integrations
Expense management service Expensify is taking a further step in simplifying expense reports by announcing integrations with various travel-related services. Instead of forwarding travel receipts to receipts@expensify.com, users now have the option to book their trips through the partner service of their preference. The booking information will automatically be transmitted to Expensify for reporting purposes. This feature not only saves users the hassle of manually compiling expense reports for business trips but also addresses the issue of "leakage," where an increasing number of individuals are booking their travel outside of standard corporate systems. Expensify's initial travel partners include NuTravel, Egencia, Locomote, NexTravel, Uber, Priceline, Hipmunk, and Rocket Trip. The company also plans to incorporate GetThere, Amadeus, Atlas Travel, and Airbnb in the future.
2014. Expense management service Expensify targets Concur customers
Facebook has recently introduced a new advertising platform known as Atlas, which focuses on targeting users across various websites using their Facebook information. Facebook acquired Atlas from Microsoft last year. This platform aims to compete with Google's AdWords by allowing advertisers to display ads that track users on both web and mobile platforms. Advertisers have the flexibility to purchase ads on external websites and apps while also having the option to integrate the Facebook social network. Instead of relying on cookies, Facebook utilizes the user's Facebook login details. Although this approach may not be well-received by Facebook users, it presents an alternative for advertisers and serves as a competitor to Google AdWords.
