Harvest
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Best Expense Manager

Harvest is an ideal expense manager for small-to-medium businesses, offering project-based tracking and multi-currency support to streamline financial processes.

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  • Attach receipts to projects & tasks
  • Turn tracked expenses into client invoices
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The Need for Efficient Expense Management

In today's fast-paced business environment, efficient expense management is crucial. Traditional manual processes are not only time-consuming but can also lead to errors and financial losses. Studies show that manual processing can consume an average of 330 hours annually in a 200-person company, which can be significantly reduced by up to 60% through automation. This highlights the importance of adopting a streamlined system.

Harvest addresses these challenges by offering a project-based expense tracker that simplifies the expense management process for small-to-medium businesses. With support for multi-currency transactions and integration with popular accounting software like QuickBooks Online and Xero, Harvest ensures that financial operations are smooth and efficient. By adopting Harvest, businesses can focus more on strategic growth rather than administrative tasks.

Automation and AI in Expense Management

Automation and AI technologies are transforming expense management, making it more efficient and accurate. Approximately 78% of organizations have moved to cloud-based systems, and 73% are leveraging AI for tasks like expense categorization and fraud detection. These advancements significantly reduce manual workload and improve accuracy by 46%.

Harvest, while not offering automated expense reporting, facilitates the manual entry of expenses and receipt uploads in a streamlined manner. This supports businesses in maintaining accurate financial records without the complexities of AI integration. By focusing on simplicity and effectiveness, Harvest enables businesses to manage expenses efficiently, even if they're not ready for full automation.

Benefits of Mobile Expense Tracking

With the rise of remote work, mobile expense tracking has become indispensable. Around 69% of employees are now submitting expenses via mobile applications, and this number is expected to grow. Mobile apps accounted for 54% of expense report submissions in 2021, emphasizing the need for mobile-friendly solutions.

Harvest offers mobile apps for iOS and Android, allowing users to track and manage expenses on-the-go. This feature is particularly beneficial for teams that operate remotely or travel frequently, ensuring that no expense goes unrecorded. By providing easy mobile access, Harvest empowers employees to submit expenses in real-time, reducing delays and improving overall financial oversight.

Integrating Expense Management with Financial Systems

Seamless integration with financial systems is a priority for 82% of organizations when selecting an expense management tool. This integration minimizes manual data entry and errors, while providing real-time financial insights and simplifying audits.

Harvest integrates smoothly with QuickBooks Online and Xero, facilitating easy invoice syncing. Although it doesn't provide full ERP integration or real-time expense syncing, Harvest's connections with these popular accounting tools ensure that financial data remains consistent and accurate across platforms. For businesses seeking a straightforward yet effective solution, Harvest's integration capabilities offer a solid foundation to build upon.

Discover Harvest as Your Expense Manager

See how Harvest supports project-based expense tracking and multi-currency use, ideal for small-to-medium businesses.

Harvest dashboard showing project-based expense tracking.

Best Expense Manager FAQs

  • Harvest allows businesses to manage expenses through project-based tracking and multi-currency support. It integrates with QuickBooks and Xero for streamlined financial management.

  • Harvest offers a simple solution for expense tracking, with features like multi-currency support and integration with accounting software. It's ideal for small-to-medium businesses needing efficient management.

  • Yes, Harvest offers mobile apps for both iOS and Android, enabling users to track and manage expenses on-the-go. This is particularly useful for remote teams or frequent travelers.

  • Harvest integrates with QuickBooks Online and Xero, allowing for easy invoice syncing and consistent financial data management across platforms.

  • Automation reduces manual processing time and errors, saving businesses up to 60% in processing costs. It's crucial for efficient and accurate financial management.

  • Mobile accessibility allows employees to submit expenses in real-time, which is essential for remote work environments. It's predicted that by 2025, 75% of businesses will use mobile expense apps primarily.

  • AI enhances accuracy in expense management by automating tasks like receipt scanning and fraud detection, reducing errors by 46% and improving compliance.