![]() For most users, this will be quite enough, but some solutions offer wider functionality in their mobile incarnations.Īdministrators, managers and other approvers get everything they need with Abacus. And the Android mobile app, though very easy and intuitive to use, is in effect little more than a way to capture and submit receipts. Abacus can track mileage, for example, but you have to input miles driven manually, rather than having the mobile app calculate them for you using Google Maps and GPS. Nevertheless, the user experience is not quite as comprehensive as that of rivals like Certify. dollars, using the conversion rate on the day of the transaction. For those travelling abroad for business, Abacus supports multi-currency, and will automatically convert any foreign expense into U.S. Creating expense reports just gets in the way.įor users, then, Abacus is a very solid solution. Let’s face it, what users want most of all is quick and easy reimbursement for money spent on company business. For users, the nice thing is that you can simply submit the receipt, without having to attach it to an expense report. ![]() Abacus doesn’t offer support for companies based outside the U.S.Submitting expenses with Abacus is certainly quick and largely painless.Users can expense an unlimited number of times for the same flat rate.Administrators can create custom tags for projects, clients, or offices.Expenses are geo-tagged based on the employee’s location when a receipt was photographed.View your “Bank Transfer History” to see a list of all account credits.Expenses are marked as “pending approval” until they’re approved.Connect to your bank by logging into one of Abacus’ supported banks or connecting your account manually.Add a comment explaining what a particular receipt was for.Manager are notified immediately when new expenses are entered.Reimburse employees on the same day their expenses are submitted.Abacus also provides businesses with plenty of analytics and financial management tools, which allows managers to quickly filter and track expenses, while also syncing with cloud-based accounting platforms like Xero and Quickbooks Online. If you have a question about the purchase, just leave a comment on the expense and wait for your employee to respond with an answer.Ībacus makes it easy to link personal or corporate credit cards to user accounts, which means approved reimbursements can be sent directly to an employee’s bank and made available the next day. You can view a copy of the receipt in question on your smartphone, and approve the expense right away. As a manager, you’re notified immediately when an expense is submitted. They can also add notes to clarify the nature of any ambiguous purchases. Employees who download Abacus’ mobile app can snap photos of receipts with their smartphones, categorize those expenses, and then submit for reimbursement in real-time. Set up Abacus at your business, and encourage your employees to use the web-based application to submit for reimbursable expenses. The application they created replaces traditional expense reports with a series of online tools that employees can use to submit expenses as they go and get repaid by their employers in record time. The old way of generating expense reports is cumbersome and time-consuming, which is why the founders behind Abacus decided businesses needed a digital alternative.
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