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Expensify vs Wave
May 28, 2023 | Author: Michael Stromann
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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.
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Half a million customers use Wave's online small business software to do their invoicing, accounting and payroll. Smart cloud apps for smart business owners. Wave makes it easy to be your own boss. Just do what you're good at, and lean on Wave's smart online software for help with invoicing, accounting and payroll.
Expensify and Wave are two popular software solutions that cater to different aspects of business finance. Expensify focuses specifically on expense management, providing features for capturing receipts, creating expense reports, and streamlining the reimbursement process. It offers automation capabilities like OCR technology for receipt scanning and automatic expense categorization. Expensify also integrates with accounting software for seamless financial tracking. On the other hand, Wave offers a more comprehensive suite of financial management tools, including accounting, invoicing, and payroll. While Expensify specializes in expense tracking, Wave provides a broader range of services for small businesses. Wave is particularly beneficial for those looking for a unified platform to manage multiple financial tasks.
See also: Top 10 Expense Management software
See also: Top 10 Expense Management software
Expensify vs Wave 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.
