Scan a receipt with our mobile app or upload your expense on the web.
Add category and assign expense to a project. Then submit expense for approval.
After approval, have your expenses reimbursed quickly.
Set categories and projects and invite employees. Let them submit expenses by scanning receipts or entering costs manually.
Review team expenses in one place, request missing information directly, and approve expenses with a single click.
Reimburse employees and keep track of reimburst expenses.
Let teams capture expenses using the ExpenseMonkey mobile or web app.
View, verify, and approve expense reports in one place. Collect missing details directly and ensure compliance.
Generate detailed expense reports with all necessary tax information and upload data into your accounting software.
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With ExpenseMonkey's expense management tool, you can group your expenses by project, program, or department to make nonprofit expense tracking so much easier.
This feature supports nonprofit organizations like yours in maintaining financial responsibility and ensuring funds are allocated appropriately across various initiatives.
For nonprofits, managing receipts and expenses can be time-consuming, often distracting volunteers and staff from the mission at hand.
With our receipt scanning app, you can eliminate the headache of tracking down receipts from team members and volunteers.
Simply snap a photo of any receipt with your phone, and it’s automatically uploaded, categorized, and stored for easy access.
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Nonprofits like yours rely on small teams and dedicated volunteers, so it’s important to show appreciation by ensuring they’re reimbursed quickly with ExpenseMonkey’s easy reimbursement feature.
Timely and accurate reimbursements not only boost volunteer morale but also help maintain precise financial records for your nonprofit, ensuring transparency and accountability as you work toward your mission.
ExpenseMonkey’s mobile and web apps are designed to simplify expense tracking for your nonprofit staff and volunteers.
With just a few taps, your team can track expenses, upload receipts, and submit reimbursement requests, giving them more time to focus on your mission while ensuring smooth financial management.
"As a non-profit, every dollar counts, and ExpenseMonkey helps us make the most of our resources. Tracking grants, donations, and program expenses is so much simpler now. The ability to scan receipts and categorize expenses instantly has saved us hours of manual work"
Deborah, Program Manager
Expense tracking ensures financial accountability, helps maintain donor trust, and supports compliance with legal and tax regulations. It also aids in budgeting and resource allocation to meet the organization’s mission effectively.
Choosing the best financial software for nonprofits, such as ExpenseMonkey is key.
Key features include:
- Fund accounting to track designated and general funds.
- Expense categorization for programs, fundraising, and operations.
- Real-time reporting for financial transparency.
- Automation of receipt capture and approval workflow.
- Integration with donation platforms and accounting software.
Nonprofits often face:
- Complexities in managing diverse funding sources like grants and donations.
- Limited resources for administrative tasks.
- Risk of manual errors in tracking expenses.
Popular software tools for nonprofits include:
QuickBooks Nonprofit: Offers budgeting, reporting, and banking integration.
Aplos: Focused on fund accounting and donor management.
Blackbaud Financial Edge NXT: Advanced analytics and grant management.
ExpenseMonkey: Automates expense capture and reporting.
Expenses are typically categorized into:
Program expenses: Directly related to mission activities.
Fundraising expenses: Costs associated with acquiring donations.
Administrative expenses: Operational costs like salaries, rent, and legal fees.
Automation reduces manual errors, saves time, and provides real-time insights into spending. Tools like ExpenseMonkey streamline the process from receipt capture to reimbursement, ensuring efficient financial management.
Create professional expense reports with ease, save time, and ensure tax-ready results that keep your nonprofit team organized and financially accountable.
Approval Flow & Expense Reimbursement
Streamline approvals, eliminate delays, and empower your nonprofit team with customized workflows that ensure smooth and efficient financial management.
Create professional expense reports with ease, save time, and ensure tax-ready results that keep your nonprofit team organized and financially accountable.
Project and Team Expense Management
Stay organized and on budget with enhanced project management that helps your nonprofit team track expenses in real-time and collaborate seamlessly across all programs.
Join other nonprofit organizations committed to financial integrity by streamlining expense tracking and ensuring fast reimbursements for your team - only with ExpenseMonkey.
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