TimeStatement vs Expensify

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

TimeStatement is a Office & Productivity solution with tags like time-tracking, invoicing, billing, expenses, estimates, reporting.

It boasts features such as Time tracking, Invoicing, Hourly and fixed pricing, Recurring invoices, Expense tracking, Estimates, Financial reporting and pros including Easy to use interface, Integrates with popular tools, Comprehensive time tracking and invoicing features, Affordable pricing options.

On the other hand, Expensify is a Business & Commerce product tagged with receipts, expenses, reporting, invoicing, approvals.

Its standout features include Receipt scanning, Expense reporting, Mileage tracking, Integrated invoicing, Real-time policy enforcement, Automated workflows, Mobile app, and it shines with pros like Easy receipt tracking, Automates expense reports, Integrates with accounting software, Mobile app for on-the-go use, Real-time spending oversight.

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

Product Overview

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.

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.

Key Features Comparison

TimeStatement Features

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

Expensify Features

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

Pros & Cons Analysis

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

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

Pricing Comparison

TimeStatement

• Freemium
• Subscription-Based

Expensify

• Subscription-Based