Expensify, based in Portland, Oregon, has expanded its global employee reimbursements functionality to grant affiliated businesses the ability to manage expenses and reimburse their employees on a global scale.
“Employees can work from anywhere these days and expect to be reimbursed quickly for out-of-pocket expenses regardless of where they live,” David Barrett, founder, and CEO of Expensify, said in a May 11 press release. “We have listened to these customers and now include global reimbursements for free in all paid Expensify plans.”
Used by more than 12 million people around the world, the platform specializes in helping businesses manage their expenses, corporate cards, and bills in a facilitated form, the release stated. The company also does not require pre-funding for employee reimbursements to be made in other countries.
“Businesses simply link their local bank account and pay employees at any time. Expensify will handle the rest,” the release stated.
“Businesses can reimburse employees in over 154 different currencies across 200 plus countries,” Expensify Chief Operating Officer, Anu Muralidharan, said. “Further, we’re adding the ability for businesses to link withdrawal bank accounts in the United Kingdom, Canada, Australia, and the entire European Union.”
As part of the expansion plan, Expensify encourages new and existing clients interested in enabling global reimbursements to contact their assigned setup specialist, account manager, or concierge to receive instructions on how to start.
Some of the app’s free features include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, payroll, and travel booking.
“Expensify is a payment super app that helps individuals and businesses around the world simplify the way they manage money,” according to the release. “All free. Whether you own a small business, manage a team, or close the books for your clients, Expensify makes it easy, so you have more time to focus on what really matters.”