App of the week: BizXpense makes tracking your expenses easier!

October 27, 2016

In a world of ever-increasing connectivity, it’s no surprise that new industries are joining the digital revolution every day. More notable than most, is the increasing convenience and simplicity that banking apps have given customers. As various companies work towards truly seamless mobile payment methods, many incredible expense apps are already out there. Going far beyond the typical bank app, an  expense tracking programs is helpful with forward-thinking features.

BizXpense is an app that makes it easier for you to track your spending, prepare and submit expense reports.

About BizXpense app

The app allows you to scan receipts on the spot so you don’t have to hang on to them. BizXpense stores receipts by categories or subcategories to help keep track of spending and also has a search feature. You can configure the app to use your business’ SMTP/Mail server for transmitting expense reports or export the results to an Excel file.

This program allows you to use your device camera to take a quick picture of your receipt or invoice. BizXpense uses OCR intelligent scan technology to extract data from your receipts and enter it into appropriate fields, so you don’t have to manually enter information on your own.

In addition to tracking expenses, BizXpense lets you track time that you spend on a particular project. You simply set a timer and do your work. When you’re done and stop the timer, time will be automatically recorded so all you have to do is designate which project and what work was done for that time period. This is especially useful if you bill clients for hours worked and that work is done outside of your office or away from your time management program.

BizXpense tracker has fields so you can track miles travelled while on a business trip. The IRS does give tax credits for miles travelled for business, so being able to record this information is a good way to save your business money.

The interesting features

Submitting expense reports can be a nuisance, but BizXpense streamlines the process. The app makes it easier to keep track of expenses and eliminates the need to hold on to receipts. More importantly, it will save time because you won’t have to sit down at the end of a trip and remember every lunch or coffee you had with clients

In addition to tracking your business expenses, it is helpful when solutions include additional features to make accounting and budgeting easier. BizXpense Tracker allows you to create email invoices and export CSV files that are compatible with accounting software, including QuickBooks and FreshBooks. These files are also compatible with ADP payroll services. This app doesn’t have designated budgeting tools, but you can tag an expense to be reimbursed when it’s time to run payroll.

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