Microsoft had said then the team would work on other mobile productivity solutions going forward. MileIQ had been the top-grossing finance app in Apple’s App Store for the last 20 months at the time of its acquisition back in 2015. How well this all works, in practice, requires further testing. There’s a web dashboard for when you’re using the app at your computer, but Spend doesn’t appear on the MileIQ main website at this time. You can also add notes to purchases, split expenses, and customize expense categories, in addition to tags.Īnd the app can generate expense reports on a weekly, monthly or custom bases, which can be exported at spreadsheets or PDFs. These expenses are automatically categorized, and you can add extra tags for added organization. You can then swipe on the expenses to mark them as personal or business. The app begins by automatically tracking all your expenses from a linked credit card or bank account. However, what makes Spend interesting is the app’s automated tracking and matching, and its user interface for working with your receipts. Like most expense trackers, it offers features like the ability to take photos of receipts, expense categorization features, and reporting. The new Spend app, at first glance, looks well-designed and easy to use. Through the program, a number of interesting projects have gotten their start over the years, like the Cortana-based dictation tool, Dictate mobile design creation app Sprightly short-form email app Send the Word Flow keyboard for smartphones a Bing-backed alternative to Google News and dozens more. Microsoft Garage is the company’s internal incubator when employees can test out new ideas to see if they resonate with consumers and business users. Instead, the app is a Microsoft Garage project, the App Store clarifies. Spend doesn’t appear to be a part of some grand Microsoft plan to take on expense tracking industry giants, like Expensify or SAP-owned Concur, for example. The new app, simply called “ Spend,” arrived on the App Store on Thursday, offering automatic expense tracking for work reimbursement purposes or for taxes. This time, the focus isn’t on tracking miles, but rather expenses. Set deadlines for submissions, and automatically remind employees and managers about pending reports or approvals.The team behind mileage-tracking app MileIQ, a company Microsoft acquired a few years ago, is out with a new application. Give employees an advance either as petty cash, a check, or a prepaid card. These can then be reimbursed to the company through payroll deductions. All it takes to link the advance to an individual expense report is one click of one button.Ĭonfigure automated email notifications at every step of the expense reporting process, and keep things from slowing down. Record employee advances and reimbursements.

Once the reports are approved, employees, as well as the finance team, will automatically receive a notification. It's easy - upload receipts, categorize expenses, select the mode of payment, and enter the total amount.Ĭustomize the approval process to match the needs of your organization. Managers can easily review and approve expense reports from any device to shorten the reimbursement cycle. With individual expense reports, employees can record charges as they occur. Set limits by category or by department, and notify employees when they spend more than what is allocated. Make sure charges are within budget, according to your expense policies. Requests to reimbursements-all on a single expense tracking appĭirectly add employees to your application, or import them from your CRM system. Classify them further as submitters or approvers, map them to their corresponding managers, and add your company's expense policies.

Daily expenses tracker app