BizXpenseTracker is an expense tracking app ideal for monitoring business expenses. This means you can take this program with you and enter receipt information immediately after your purchase rather than saving receipts for later. This app also tracks miles traveled for work-related trips and time when you are working on a specific project. The comprehensive array of features and tools as well the ease with which it accomplishes these functions are just some of the reasons why Business.com has selected BizXpense as one of the best expense tracking apps.
This program allows you to use your phone's camera to take a quick picture of your receipt or invoice. BizXpense uses optical character recognition (OCR) intelligent scan technology to extract data from your receipts and enter it into appropriate fields, so you don't have to manually enter information on your own.
While the OCR function is very convenient, we noticed that BizXpense sometimes misreads information, such as sales rates or promotional coupons, instead misreading them for the purchase total and entering this number into the app. It isn't difficult to manually change this, and all other information was correctly recorded, but you do need to proofread receipt information when using BizXpenses' OCR function.
In addition to tracking expenses, BizXpense lets you track the time you spend on a particular project. You simply set a timer and do your work. When you're done and stop the timer, time is automatically recorded so all you have to do is designate which project and what work was done for that time period. This is especially useful if you bill clients for hours worked and that work is done outside of your office or away from your regular time management program.
BizXpenseTracker has fields so you can track miles traveled while on a business trip. The IRS grants tax credits for miles traveled for business, so being able to record this information is a good way to save your business money. However, unlike other business expense trackers we reviewed, BizXpense doesn't include GPS tracking capabilities. However, for an additional fee, you can upgrade your service to include this feature.
BizXpenseTracker provides every support option we looked for: phone and email support, FAQs and product training. This expense tracker provides several video tutorials to help you and your employees learn how to use this app. If you have a question, you can check the FAQs. If the answer isn't there, both email and telephone support are answered by very helpful, courteous and professional individuals, as we found.
In addition to tracking business expenses, it's helpful when solutions include additional features to simplify accounting and budgeting. BizXpenseTracker allows you to create email invoices and export CSV files that are compatible with accounting software, including QuickBooks and FreshBooks. These files are also compatible with ADP payroll services. This app doesn't have designated budgeting tools, but you can tag an expense to be reimbursed when it's time to run payroll.
BizXpenseTracker is a great mobile app for tracking business expenses, miles traveled for work and time spent on a project. This information can be used to create an invoice from the program, or it can be saved into CSV files to be shared with your accounting software or payroll service. The only major drawback is the OCR scan at times misreads receipts and enters some incorrect information, though you have the ability manually change any discrepancies and then save these images.
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