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.

Feature	Expensify	TimeStatement
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Office & Productivity

Product Overview

Expensify

Description: 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.

TimeStatement

Description: 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.

Key Features Comparison

Expensify Features

• Receipt scanning
• Expense reporting
• Mileage tracking
• Integrated invoicing
• Real-time policy enforcement
• Automated workflows
• Mobile app

TimeStatement Features

• Time tracking
• Invoicing
• Hourly and fixed pricing
• Recurring invoices
• Expense tracking
• Estimates
• Financial reporting

Pros & Cons Analysis

Expensify

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

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

Pricing Comparison

Expensify

• Subscription-Based

TimeStatement

• Freemium
• Subscription-Based