[May 17, 2013] Expensify Ramps Up with Invoices and Bill Processing Products Tweet May 17, 2013 (Close-Up Media via COMTEX) -- Expensify, makers of an SMB expense reporting application, announced they are expanding their services to include Invoicing and Bill Processing. According to a release, Expensify's Invoicing and Bill Processing has been in closed beta for the past few weeks, receiving positive feedback. On May 14, Expensify unleashed these new products to their user base. In the past, users uploaded receipts into Expensify to create their expense reports. With this new feature roll-out, users can now use those receipts to create custom-branded invoices to send out to their clients. Invoices sent from Expensify users can be paid directly within the platform via ACH Direct Deposit, PayPal, or even Bitcoin. "Basically, we've concluded that an expense report, invoice, and bill are really all the same thing: a list of expenses with supporting documentation that you give to someone who pays you in return," said Expensify CEO David Barrett. "Sure, there are some nuanced differences, all of which we support, but in general they are far more alike than different. Why have three different tools to do essentially the same thing Now you can manage your expenses in one place whether they are coming or going - all within the incredible platform our users have grown accustomed to and rave about." "We haven't lost our focus on Expense Reports. In fact, this has been the plan since day one," said Barrett on Tuesday. "We built these features in order to make our expense reporting solution more powerful. Our users were logging expenses and then exporting to Freshbooks or Quickbooks in order to convert that report into an invoice. These new features eliminate the need for that. Now you can convert expense reports into invoices without leaving Expensify." The company added that, traditionally, Expensify has saved its users time and money by eliminating the paperwork from expense reporting. Companies with Expensify are no longer bound to invoicing systems. They will be able to handle their expense reporting, invoicing, and bill processing all in one platform. Expensify is offering a free trial of Invoicing and Bill Processing to all users Expensify is a provider of expense reports, bill processing and invoices. More information: www.expensify.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]