Expensify targets global self-employed market with new expense tracking feature on Investing.com

New Expensify uses enterprise-grade receipt scanning and distance tracking to capture emerging SMBs in their early stages and provide upgrade paths for future growth.

PORTLAND, Ore.–(BUSINESS WIRE)–Expensify, Inc. (NASDAQ: EXFY), the expense and corporate card financial management super-app, today announced the next generation of its app The program now offers expense tracking for self-employed professionals. The upgrade makes it easier than ever for self-employed people to track all types of business expenses in one place “as receipts, mileage or manual amounts.” They can then categorize expenses and share them with their accountant for tax purposes, all within the same app.

A large percentage of the U.S. workforce, and even a larger percentage of the global workforce, don’t have access to super-simplified expense tracking solutions. Expensify CEO David Barrett said that especially for freelance workers, independent contractors and small business owners, managing expenses can be a time-consuming and daunting task. Making it simpler, faster, and more powerful than ever. Our goal is to make it easy for members to take control of their finances.

For those making it through tax filing season, New Expensify provides valuable help in organizing and coding expenses to maximize deductions. Members can also invite accountants to collaborate directly within the app, ensuring a smooth and worry-free tax preparation process. Additionally, members can chat with teammates, customers, clients, vendors, and friends all in one place, with the ability to reply (whether via email, SMS, or chat) from where they are.

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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 work for yourself, run a small business, manage a team, or bill clients, let Expensify handle your spending so you can focus on success.

Nick Tooker, press@expensify.com

Source: Expensify, Inc.

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