Expensify vs TimeStatement

Struggling to choose between Expensify and TimeStatement? Both products offer unique advantages, making it a tough decision.

Expensify is a Business & Commerce solution with tags like receipts, expenses, reporting, invoicing, approvals.

It boasts features such as Receipt scanning, Expense reporting, Mileage tracking, Integrated invoicing, Real-time policy enforcement, Automated workflows, Mobile app and pros including Easy receipt tracking, Automates expense reports, Integrates with accounting software, Mobile app for on-the-go use, Real-time spending oversight.

On the other hand, TimeStatement is a Office & Productivity product tagged with time-tracking, invoicing, billing, expenses, estimates, reporting.

Its standout features include Time tracking, Invoicing, Hourly and fixed pricing, Recurring invoices, Expense tracking, Estimates, Financial reporting, and it shines with pros like Easy to use interface, Integrates with popular tools, Comprehensive time tracking and invoicing features, Affordable pricing options.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Expensify

Expensify

Expensify is an expense reporting and management software designed for businesses. It allows users to easily track receipts, credit card expenses, mileage, and other expenses. Users can upload receipts via web, email, or mobile app. Key features include automated expense reporting, real-time policy enforcement, integrated invoicing, and robust approval workflows.

Categories:
Business & Commerce Expense Tracking
receipts expenses reporting invoicing approvals

Expensify Features

  1. Receipt scanning
  2. Expense reporting
  3. Mileage tracking
  4. Integrated invoicing
  5. Real-time policy enforcement
  6. Automated workflows
  7. Mobile app

Pricing

  • Subscription-Based

Pros

Easy receipt tracking

Automates expense reports

Integrates with accounting software

Mobile app for on-the-go use

Real-time spending oversight

Cons

Can be pricey for smaller businesses

Mobile app lacks some features

Reporting customization is limited

Steep learning curve

TimeStatement

TimeStatement

TimeStatement is time tracking and invoicing software for freelancers and small teams. It allows you to track time spent on projects, create professional invoices, expenses, and estimates to bill clients. Key features include timers, hourly/fixed pricing, recurring invoices, and financial reporting.

Categories:
Office & Productivity Time Tracking
time-tracking invoicing billing expenses estimates reporting

TimeStatement Features

  1. Time tracking
  2. Invoicing
  3. Hourly and fixed pricing
  4. Recurring invoices
  5. Expense tracking
  6. Estimates
  7. Financial reporting

Pricing

  • Freemium
  • Subscription-Based

Pros

Easy to use interface

Integrates with popular tools

Comprehensive time tracking and invoicing features

Affordable pricing options

Cons

Limited customization options

Mobile app could be more robust

Lacks some advanced accounting features