Harvest
Expenses
Sign up

App to Keep Track of Expenses

Harvest empowers businesses to track expenses in real-time, offering integration with accounting tools for streamlined financial management.

  • Attach receipts to projects & tasks
  • Turn tracked expenses into client invoices
  • Free 30-day trial, no credit card needed

or drag & drop • Images and PDFs, max 10 MB

Why Mobile Expense Tracking is Essential

Mobile expense tracking has become indispensable for businesses aiming to maintain financial accuracy and efficiency. With 64% of companies now utilizing mobile-based expense tracking apps, the convenience of capturing expenses in real-time is a game-changer. This trend is largely driven by the demand for quick reimbursements and the ability to submit expenses with just a tap, minimizing the risk of errors and delays. In fact, organizations using automated expense solutions report a 77% increase in efficiency.

Harvest meets this need by offering a mobile app that allows teams to track expenses instantly, ensuring that no cost is overlooked. Its real-time tracking capability ensures that expenses are logged accurately and promptly, preventing the budget discrepancies often caused by delayed submissions.

Streamlining Expense Management with Harvest

Effective expense management is crucial for businesses seeking to optimize their financial operations. As automation becomes more integral, 83% of enterprises are adopting solutions to streamline processes and reduce manual tasks. This shift can lead to up to 34% cost savings, illustrating the tangible benefits of automated expense management.

Harvest stands out by integrating with popular accounting software like QuickBooks and Xero. This seamless integration allows for easy syncing of invoices and expenses, eliminating the need for manual data entry and reducing the likelihood of errors. By categorizing expenses for tax purposes and supporting multiple currencies, Harvest provides a comprehensive solution for businesses operating internationally.

Addressing Common Expense Tracking Challenges

Many businesses face recurring issues with expense tracking, such as misplaced receipts and mixing personal with business expenses. It's estimated that $5 million is lost annually to duplicate payments for every $1 billion processed, highlighting the critical need for accurate tracking.

While Harvest does not have OCR capabilities for receipt scanning, it allows users to upload receipt images and manually enter data, ensuring that all expenses are accurately represented. By creating custom categories, businesses can better organize expenses for tax purposes and prevent costly errors.

The Importance of Integration in Expense Management

Integrating expense management systems with existing business software is essential for creating a unified financial overview. This integration not only improves efficiency but also enhances compliance and reduces the risk of errors. For example, companies that integrate their expense management with accounting software have real-time financial insights and streamlined data flows.

Harvest supports this need by integrating with tools like QuickBooks and Xero, allowing businesses to copy invoices directly and ensure that all financial data is centralized. By doing so, Harvest helps businesses maintain accurate records and simplifies audits, leading to better decision-making and financial health.

Track Expenses with Harvest

See how Harvest tracks expenses in real-time, integrates with accounting software, and supports multi-currency operations for businesses.

Screenshot of Harvest expense tracking interface

App to Keep Track of Expenses FAQs

  • When choosing an expense tracking app, look for real-time tracking, integration with accounting software, and multi-currency support. These features ensure efficient financial management and accurate reporting.

  • Mobile expense tracking allows businesses to capture expenses in real-time, reducing delay and errors. This leads to faster reimbursements and a 77% increase in efficiency for those using automated solutions.

  • Yes, Harvest supports multi-currency tracking at the client level, which is ideal for businesses with international operations. This feature allows for accurate expense reporting across different currencies.

  • Harvest integrates seamlessly with QuickBooks and Xero, allowing businesses to sync invoices and expenses automatically. This integration reduces manual data entry and streamlines financial workflows.

  • Real-time expense tracking prevents budget discrepancies by ensuring expenses are logged accurately and promptly. This minimizes the risk of errors and improves financial accuracy.

  • Harvest allows users to upload receipt images, but it does not have OCR capabilities. Users must manually enter data to ensure accurate expense tracking.

  • Integrating expense management with accounting software provides real-time financial insights, reduces errors, and ensures all financial data is centralized, simplifying audits and improving compliance.