Finovate Startup 2009 Video Archives >> Expensify


Website: www.expensify.com | quinthar.com
HQ Location:
San Francisco, California
Company Founded: April 2008
Product Being Demoed: Expensify Guaranteed eReceipts, one-click expense reports
Product Launched: March 2009
Metrics: Self-financed, 2 full time employees, 3 part time employees




Presenter Profile How they describe themselves: Expensify does expense reports that don't suck. We do this by importing expenses *and receipts* directly from your credit card, submitting one-click PDF expense reports via email, and reimbursing entirely online, all for free. Core features include automatic importing for 92% of US credit cards, Expensify Guaranteed eReceipts (IRS-ready, paperless receipts) for imported expenses, and electronic reimbursement from or to any checking account or credit card. And last but not least, we offer the award-winning Expensify Prepaid MasterCard(r), "the corporate card for everyone else". All these features, and did we mention it's free?

What they think makes them better: Expensify has without question the most comprehensive paperless receipt solution available. We start with Expensify Guaranteed eReceipts for imported expenses, meaning you can literally throw away 80% of the paper receipts stuffed into your pockets. For the remaining email receipts, simply forward to receipts@expensify.com and we'll permanently archive as full-color PDFs. And for those few paper receipts that remain, just take a picture with your cameraphone and send it in. Whether eReceipts or card importing or our clean UI, Expensify's core focus is not on the back office, but on people who file expense reports and hate them.

Executives: David Barrett (Founder), Witold Stankiewicz (Co-Founder)

Advisory Board Members: Travis Kalanick (former CEO of Red Swoosh)

Customers: Of the 25 million employers out there, 24 million have under 20 employees. Expensify targets this vast small business customer base, and early indications are that we're hitting it pretty well.

Contacts:
Biz Dev, Sales and Press: David Barrett, Founder, dbarrett@expensify.com, 801-860-0540

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