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Expense Geni is a mobile app designed to streamline your expense reporting process. Simply take a picture of your receipts, categorize the expenses, and let the app handle the rest. Say goodbye to manual entry and lost receipts!
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Expense Geni Automate your expense reporting so you can do what you love.
Before Find Matching Transactions in Quickbooks Manually Edit the Entry Collect receipts 100s of receipts I collected over a month • Find the matching transaction in my Quickbooks • Take a picture of the receipt and upload as an attachment • Choose a category for the expense item • Enter the total amount and GST/PST paid • If I have paid tips, I need to extract the tips from the total amount paid
Current Challenges • Time consuming & lost productivity • Lose track of receipts • Less tax return on sales taxes paid
Solution A mobile app that can submit your receipt on the go. • Parse the receipt information • Automatically categorize the expense • Automatically add the appropriate sales tax
Product Demo DEMO TIME!
Business Model Revenue Stream: Subscription based on headcounts
Roadmap 1 - 2 Years • Itemized travel expense report • Detailed analytics & forecasting (meals, transportation, etc.) 3 - 5 Years • Expand to the consumer market for better purchase analytics
Market Almost 1.1 million (97.9%) small businesses in Canada
Competitive Advantage Automated sales tax recording Better receipt understanding Small business user friendly
Source: https://www.thebalancesmb.com/best-receipt-scanners-and-trackers-4172461