At a Glance
- Abacus vs. Concur vs. Expensify
- Corporate AMEX card feeds
The Best Part
- Cut down 5-7 hours a week on reconciling expenses
Getting Down to Core Business
HPC's business has always revolved around tech innovation. By partnering with other solutions that automate antiquated accounting processes, the firm not only helps its clients reduce human error, but enables them to focus on core business functions rather than wasting time with manual processes.
Recognizing the benefits of Xero, HPC became one of the first firms in the US to adopt the cloud-friendly platform as its preferred accounting package. It's with this same rationale that HPC selected Expensify as its preferred expense reporting solution. Blake Oliver, Director of Technology and Marketing at HPC explains, "Our clients love the whole idea of moving their finances to the cloud. When we say we can implement something like Expensify to streamline their expense reporting, their eyes light up."
An average HPC client is an SMB with employees spread out around the globe. Oliver explains that "features like multi-currency support, mobile functionality, and cloud access is exactly why partnering with companies like Expensify, Apple, and Xero are the perfect solutions to complement our services." These features help HPC clients manage their business and finances on-the-go, even when they're working cross-border.
Slam Dunk with Automation
Expensify has helped many of HPC's clients noticeably cut down on the time it takes to do expenses with its automated platform. Oliver states, "I think Expensify has the best mobile app out there, period. Implementing a system that removes data entry and paper can save clients up to 50% of their time each month! Needless to say, our customers love it and so do we."
"Expensify has been a slam dunk with our employees," explains HPC client Don Post, Director of Finance at Skookum. "They love using SmartScan for capturing expenses. Snapping a picture and moving on has taken time-wasting tasks like data entry completely out of the equation, which is huge."
Expensify has the best mobile app out there, period. Implementing a system that removes data entry and paper can save clients up to 50% of their time each month! Needless to say, our customers love it and so do we.
Employees aren't the only ones saving time. Before Expensify, Post was overwhelmed by the number of paper reports he had to reconcile each week, with the majority of the expenses coming from corporate cards. "I have cut down at least 5-7 hours a week on reconciling expenses," estimates Post. "The AmEx card feeds have been a game-changer for me because all of the expense data is in one place. Our company has evolved from pushing paper reports to an efficient paperless process we’re proud of."
As a firm with small businesses based around the world, Expensify offers both the HPC staff and their clients access to accounting systems without friction. As Bruce Phillips, CEO of HPC argues, "Today is all about using technology to get rid of tedious data entry. We're replacing outdated processes with apps that offer real-time, meaningful, and accurate data through automation. That’s exactly what Expensify offers our clients."
Mobility Partner Program
Expensify and HPC's partnership goes beyond a simple tech add-on. Expensify recently recommended the firm to be a member of Apple's Mobility Partnership Program, a program that highlights unique iOS apps that increase productivity in users’ daily business processes.
We're replacing outdated processes with apps that offer real-time, meaningful, and accurate data through automation. That’s exactly what Expensify offers our clients.
Joining the program along with companies like Expensify and Revel was a no-brainer for HPC. According to Oliver, "the vast majority of our clients are road-warriors working off of iOS mobile devices as opposed to desktop." Oliver adds, "Being highlighted in Apple's Mobility Program was a great win for us, and really puts a spotlight on our effort to work with some of the top fintech add-ons in the market."
Recipe for Success
While many accounting firms are stuck in the past with traditional accounting practices, HPC has set itself apart by embracing tech. With the help of efficient tools like Expensify and Xero, paired with the ability to work off of a mobile device, HPC’s SMB clients are able to spend less time on their expenses and more time on growing their businesses.