SAN FRANCISCO, July 13, 2016 /PRNewswire/ — Expensify, the world’s fastest growing expense management solution, announced an integration platform that will eliminate receipts for business purchases. Called ReceiptBurner, the program’s initial launch partners include Uber, HotelTonight, Revel Systems, SaneBox, and Fujitsu ScanSnap, with more planned in the coming months. These services utilize the ReceiptBurner integration to directly send transaction data to Expensify, eliminating yet another step in the expense reporting process.
“Our dream is for receipts to become the next floppy disk,” said David Barrett, founder and CEO of Expensify. “We revolutionized the expense management space in 2010 with SmartScan, our patented receipt OCR technology. ReceiptBurner is the next evolution of that dream. With every vendor added to the platform, we move closer to a future where our users don’t even need to open our app to capture receipts; Expensify will have already detected the purchase and imported all of the transaction data automatically.”
With ReceiptBurner, an expense report is automatically created as soon as a room is reserved with HotelTonight, an Uber ride is completed, or a purchase is made from any store using a Revel Systems POS. Expensify is already expanding the program to include a variety of other booking tools, point of sale providers, and any other service that would typically require an employee to keep track of a receipt.
Since 2008, Expensify has revolutionized the expense reporting process by creating a fully-automated, paperless system with an easy-to-use mobile and web app that streamlines the expense process from receipt to reimbursement. ReceiptBurner is the latest in a series of innovations that Expensify has pioneered to alleviate the hassles of business travel and expense management for both employees and accountants.
For more information, visit use.expensify.com/receiptburner.
Named one of the hottest startups by Forbes and a Top 10 Most Innovative Company by Fast Company, Expensify takes the time, headaches, and paper out of travel and expense management. The app features a patented, industry-leading SmartScan technology that eliminates manual entry of receipt information, as well as integrations with all major accounting packages, company and personal credit card import, and more to simplify expense reports for both employees and administrators.