Expensify
Expensify is a versatile expense management software providing automated receipt scanning, one-click reimbursement, and corporate card reconciliation to help individuals and businesses simplify their entire back-office financial workflow.
Timely
Timely is an AI-powered time tracking software that automatically records everything you work on across your desktop and web applications to eliminate manual timesheets and improve billing accuracy.
Quick Comparison
| Feature | Expensify | Timely |
|---|---|---|
| Website | expensify.com | timelyapp.com |
| Pricing Model | Freemium | Subscription |
| Starting Price | Free | $11/month |
| FREE Trial | ✓ 30 days free trial | ✓ 14 days free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2008 | 2013 |
| Headquarters | Portland, USA | Oslo, Norway |
Overview
Expensify
Expensify simplifies how you manage your business spending by automating the entire process from receipt to reconciliation. You can snap a photo of any receipt using the mobile app, and the SmartScan technology automatically extracts the merchant, date, and amount for you. It then groups these expenses into reports that you can submit for approval with a single click.
The platform handles everything from basic expense tracking to complex multi-stage approval workflows and global reimbursements. You can sync your data directly with popular accounting software, manage corporate cards, and even book travel within the app. Whether you are a freelancer tracking mileage or a global enterprise managing thousands of employees, it scales to meet your specific financial reporting needs.
Timely
Timely is an automatic time tracking platform designed to help you capture every billable second without the hassle of manual timers. By using a background application called Memory, it records the time you spend in different documents, meetings, and websites, creating a private timeline of your entire workday. You can then simply drag and drop these activities to log your hours with high precision.
The platform is built for teams and individuals who need to stay focused on their work rather than administrative tasks. It helps you visualize team capacity, track project budgets in real-time, and identify where your time is actually going. Whether you are a freelancer or part of a large agency, you can use these insights to improve your profitability and ensure your clients are billed accurately for every task.
Overview
Expensify Features
- SmartScan Technology Snap a photo of any receipt and let the app automatically extract all the key details for your expense report.
- One-Click Reimbursement Send money directly to your employees' bank accounts the next day with a simple, automated reimbursement process.
- Corporate Card Sync Connect your business cards to automatically import transactions and reconcile them against your receipts in real-time.
- Multi-Level Approvals Configure custom approval workflows that match your company structure to ensure every expense is properly reviewed.
- Mileage Tracking Track your business trips automatically using GPS or odometer readings to ensure accurate distance-based reimbursements.
- Audit & Compliance Detect duplicate receipts and flag expenses that violate your company policy automatically before they are even submitted.
Timely Features
- Automatic Time Capture. Record every app, website, and document you use throughout the day automatically so you never forget a billable hour.
- AI Draft Timesheets. Let the built-in AI categorize your activities and suggest time entries for you to review and approve with one click.
- Project Budget Tracking. Monitor your project spend and progress in real-time to ensure you stay within budget and hit your milestones.
- Team Lead Dashboard. View your entire team's capacity and workload at a glance to prevent burnout and distribute tasks more effectively.
- Private Work Timeline. Keep your recorded data 100% private to you until you choose to share or log it to a project.
- Task Management. Plan your daily tasks and see how your actual time spent compares to your original estimates for better planning.
Pricing Comparison
Expensify Pricing
- Unlimited receipt scanning
- Unlimited invoicing
- Bill pay features
- Expensify card access
- Basic expense reporting
- Everything in Free, plus:
- SmartScan automation
- Accounting integrations
- Custom coding
- Approval workflows
- Direct reimbursements
Timely Pricing
- Up to 3 active projects
- Unlimited users
- Automatic time tracking
- AI-drafted timesheets
- Basic reporting
- Integrations with 50+ tools
- Everything in Starter, plus:
- Unlimited active projects
- Project budget tracking
- Team capacity management
- Live project dashboards
- Individual and team reminders
Pros & Cons
Expensify
Pros
- SmartScan accurately captures receipt data automatically
- Mobile app is highly responsive and intuitive
- Seamless integration with major accounting platforms
- Next-day reimbursements speed up employee payments
Cons
- Pricing structure can be confusing for new users
- Customer support is primarily chat-based
- Occasional delays in syncing bank transactions
Timely
Pros
- Eliminates the need to start and stop manual timers
- Private timeline ensures users feel comfortable with tracking
- Visual interface makes logging hours fast and intuitive
- Accurately captures small tasks that are often forgotten
- Strong integrations with popular tools like Outlook and Slack
Cons
- AI requires a training period to categorize tasks accurately
- Desktop app can occasionally consume significant system resources
- Higher price point compared to basic manual trackers