# Expensify, Inc.
*Also known as Expensify*

- Website: https://www.expensify.com
- AI agent profile: https://nowen.ai/agents/expensify-com

> Expensify is a global expense management platform that helps organizations simplify spend, travel, invoicing, and reimbursements.

Expensify, Inc. operates a cloud-based expense management platform that helps individuals and organizations track, approve, and reimburse expenses; automate travel-related spend and reporting; handle invoicing and bill processing; and integrate with leading accounting and financial systems. Serving finance teams, accountants, business owners, and employees, Expensify emphasizes compliance, efficiency, and data-driven spend insights to streamline financial workflows and reduce manual administrative work.

**Mission:** To simplify and automate the management of business expenses, empowering organizations to control spend and improve financial efficiency.

## Products & Services

### [Expensify Platform](https://www.expensify.com/)
*Platform*
Streamline expense management and reporting for organizations with a comprehensive platform.

- **AI-powered expenses** — Automate Expense Categorization
- **Expense Management** — Automate Expense Reports
- **Global Reimbursements** — Facilitate Global Payments
- **Integrations** — Connect with Leading Software
- **Travel Management & Travel Platform** — Streamline Travel Bookings
- **Bring Your Own Cards (BYOC)** — Link Existing Corporate Cards
- **Expensify Card & Expensify Visa Commercial Card** — Earn Cash Back And Control Spending
- **Mobile App** — Manage Expenses Anywhere
- **Receipt Scanning** — Capture Receipts Instantly
- **Virtual Cards** — Issue Virtual Cards On-Demand
- **Expense Reports** — Quick Approval Process
- **Track Expenses** — Categorize All Expenses

### [Expensify Wallet](https://www.expensify.com/expensify-payments-wallet-terms-of-service)
*Product*
Easily transfer and manage funds with the Expensify Wallet.

- **Peer-to-peer payments** — Send Funds Instantly
- **Stored-value wallet** — Manage Funds Securely
- **Wallet funding** — Easily Fund Your Wallet
- **Withdrawals** — Withdraw Your Funds Quickly
- **Transaction tracking** — Track All Transactions

### [Payroll Service](https://www.expensify.com/payrollterms)
*Service*
Streamline payroll management with automated calculations, processing, and tax handling.

- **Payroll Calculation** — Automate Payroll Calculations
- **Payroll Processing** — Process Employee Payments
- **Tax Payments and Filings** — Automate Tax Payments

## Market Segments

- **Travel and expense management** (market size $3.5B, CAGR 14.9%): Capture, integrate, and reconcile travel spend and expense reporting to enforce policy, control costs, and streamline reimbursement workflows.
- **Card issuing and corporate card programs** (market size $47.7B, CAGR 7.5%): Create and manage virtual and physical card programs with instant provisioning, spending controls, and transaction insights.
- **Accounts payable automation** (market size $5.4B, CAGR 21.6%): Capabilities to automate invoice capture, matching, bill processing, and payments to accelerate payables and reduce manual AP work.
- **Payroll and payroll tax compliance** (market size $6.5B, CAGR 9%): Payroll processing and administration with tax filing support, payroll accuracy controls, and timely payment execution to ensure compliance and reliability.
- **Payments and Stored Value Management**: Payment and currency services that provide local currency pricing, foreign exchange management, and stored-value programs for purchases and redemptions.