Yes! Currently, you can use the ExpenseMonkey entirely free of charge.
Personal accounts are designed for individuals managing their own expenses, offering features like receipt scanning, personal expense categorization, and simple reporting.
Organizational accounts, suited for freelancers and teams, include all personal account features plus team collaboration tools, multi-user access, approval flow, and advanced reporting capabilities, allowing for efficient team expense management.
Admins have comprehensive control, including user management (adding/removing users), creating and assigning new projects, customizing expense categories (coming soon), and accessing detailed financial reports. This ensures smooth and efficient expense tracking and compliance.
One organization can have only one admin account.
Users can scan receipts, log expenses, categorize them, assign them to specific projects, submit expenses for approval, and track the status of their submissions. They can also work on multiple projects, dealing with different currencies, ensuring a flexible and user-friendly experience.
Users submit their expenses through the app, which are then reviewed by an admin / manager. Upon approval, expenses are processed for reimbursement.
Rejected expenses are sent back to the user with comments. Users can then review the feedback, make necessary adjustments, and resubmit for approval, ensuring compliance with company policies.
ExpenseMonkey offers a range of predefined categories like travel, food, supplies, etc., and also allows for custom category creation to cater to specific business needs (coming soon), offering a tailored expense tracking experience.
Yes, users can allocate expenses to different projects and handle transactions in various currencies, making it ideal for businesses operating internationally or managing multiple client projects.
ExpenseMonkey generates .csv files which can be easily uploaded in popular accounting software, enabling data transfer and synchronization and simplifying the accounting process.
Both mobile and web apps are available, offering similar functionalities with the convenience of on-the-go access through the mobile app, and a more comprehensive interface on the web app for detailed management.
We prioritize privacy and security with end-to-end encryption, regular security audits, and compliance with international data protection regulations, ensuring your financial data is always secure.
We do not engage in the sale of your data, and we only collect the data that is essential for our service to deliver value to you.