DENVER, June 3, 2015 /PRNewswire/ -- Expensify, the fastest growing expense management solution worldwide, unveiled the first look at the highly anticipated, Xero V2 integration to over 700 attendees at Xerocon Denver 2015.
"We worked closely with several of the top US Xero Platinum partners to design this integration and make sure that our V2 integration would reflect what accountants need," says David Barrett, Founder and CEO of Expensify. "We're extremely excited to be announcing this major update here at Xerocon."
Since integrating with Xero in 2013, Expensify has helped thousands of firms, like Xero Platinum Partner Bookkeeper360, streamline their clients' expense reporting workflow with a user-friendly web and mobile app. With Expensify's Xero V2 integration, users can now:
- Import tracking categories from Xero and map them as Tags, Report Fields, or even to the defaults for all Xero contacts
- Set expenses marked as Billable to automatically create Sales Invoices in Xero
- Export reimbursable expenses in Expensify to Xero as Purchase Bills, which can be set to Draft, Awaiting Approval, or Awaiting Payment status in Xero
- Export non-reimbursable expense in Expensify directly to a Xero bank account, one line item per expense
"Expensify gives our clients a painless and accurate way of tracking and reporting expenses," says Bruce Phillips, Managing Director and CEO of Harshman Phillips & Company, LLC. "The new Expensify-Xero integration will help us automate the expense reporting even more, giving our clients the freedom to concentrate on other areas of their business by reducing their manual workload."
The Xero V2 integration is currently in beta and will be released to the public on June 5th at the conclusion of Xerocon Denver 2015.
Since 2008, Expensify has been the innovation leader in automated expense management, starting with the introduction of its patented mobile receipt transcription technology SmartScan (Patent #US8861861), which has since become an industry standard. Expensify continues to set the industry by delivering best-in-breed expense management to companies around the world and wants to work with you too! Visit http://use.expensify.com/accountants to learn about the Approved! program and get started.