We’re passionate about making spend management, expense management, and expense reports better — and we’re also passionate about building a great company where shit gets done and team members love what they do. Read about what we’ve learned in the process of building both an innovative culture and a ground-breaking financial management app.
In this post, David Barrett shares Expenisfy’s framework for how we’re taking legacy business processes and transforming them with AI. Check out our three-step process (Deep AI, Surface AI, and Elevated AI) and see how this framework sets the stage for a new era in financial technology.
Ah, credit card hacks — when they work, they’re amazing. But when they don’t, they can feel like such a waste of time. In this article, we’ll explore the top five credit card hacks that work to maximize your business rewards. Plus, we’ll warn you about five not-so-great strategies to steer clear of.
Small business automation isn't just a luxury anymore. It's a crucial survival tool in today's digital economy. While enterprise companies invest millions in sophisticated systems, small businesses can now access powerful business automation software that levels the playing field. From automated expense tracking to intelligent workflow management, these tools are transforming how small businesses operate, compete, and thrive – which is exactly what we’ll address in this article.
Running a business is already a juggling act – from managing operations to planning growth strategies (and yes, dealing with those inevitable coffee spills). When tax season approaches, it can feel like someone's tossing another ball into your routine. But here's the good news: with the right small business tax tips and modern tools, tax season can transform from a dreaded deadline into a strategic opportunity. Whether you're filing small business taxes for the first time or looking to optimize your tax strategy, we've compiled 20 essential tax tips for small business owners that will help you navigate tax season confidently and potentially save money along the way.
As a small business owner, every dollar counts—especially when it comes to tax savings. One of the most overlooked opportunities for reducing taxable income is properly calculating depreciation. Many businesses miss out on valuable deductions simply because they don’t fully understand how to calculate depreciation expenses. In this guide, we’ll walk you through everything you need to know about depreciation, from its importance to the different methods and calculations, so you can maximize your tax savings.
Many entrepreneurs don't realize that startup business credit cards with no personal credit check are not only possible but can be a strategic tool for building your business's financial foundation. Whether you're a solo entrepreneur or leading a small team, understanding your options for business credit cards with no personal credit check can open doors to better cash flow management and business growth. Ready to learn what they are? Let’s dive in.
Managing business travel expenses can be a complex task for organizations of any size. A robust travel and expense management system is crucial for maintaining accurate financial records, ensuring compliance, and streamlining reimbursement processes. Whether you're building your first small business expense report or part of a larger organization seeking to optimize existing processes, understanding the fundamentals of travel expense reports is essential for financial success. In this blog post, we’ll dissect what a travel expense report is, how to streamline the process, and what that practice looks like in the real world.
One way companies often use to streamline travel expenses is the “per diem system,” which offers employees a predetermined daily allowance for expenses incurred while traveling. Understanding how per diem works and establishing a clear policy can help businesses control costs while providing their employees with flexibility. In this article, we’ll explore what per diem means, compare it with other expense reimbursement methods, and guide you through creating a comprehensive per diem travel expense policy tailored to your organization’s needs.
Managing business expenses and employee reimbursements is a tedious task and therefore easy to overlook what may be a clear red flag. Obviously, as a business owner, you need to take action to combat and prevent expense fraud. But, how? With expense fraud expected to reach over $16 billion by 2027, now is the best time to establish strategies to protect your organization from expense fraud. In this article, we’ll look at different types of expense fraud, understand how to detect it, and give tips to help your organization take strides toward preventing it.
As businesses grow, efficiently managing expenses isn’t just important; it’s crucial. One common tool used by companies for this purpose is the business credit card, designed to help streamline and separate business-related spending from personal finances. However, a frequent question pops up when it comes to business credit cards: Do business credit cards affect personal credit? The answer isn’t always straightforward. While some business credit cards may affect personal credit, others may have little to no influence. This guide explores how different types of business credit cards function, the factors influencing their impact on personal credit, and ways to mitigate potential risks.
