Harvest
Expenses
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Expense Report App

Harvest offers a robust project-based expense tracker with advanced reporting features and multi-currency support, ideal for small-to-medium businesses seeking efficient expense management.

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  • 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

The Rise of Automated Expense Report Apps

Automated expense report apps are transforming how businesses handle financial tracking, with the market projected to grow from USD 8.48 billion in 2026 to USD 13.82 billion by 2031. Approximately 83% of enterprises are now utilizing automated solutions, which have improved efficiency for 77% of users and reduced processing times for 72%. These tools streamline processes, cutting the average expense claim processing cost from $58 to $49 per transaction, and reduce error correction expenses by $52 per report.

For small to medium-sized enterprises, Harvest stands out as a project-based expense tracker with advanced reporting features. It allows businesses to generate detailed reports with filtering options, offering financial insights crucial for strategic decision-making. By supporting multiple currencies, Harvest also facilitates international reimbursements, although users must manually handle currency conversions.

Common Challenges in Expense Management

Managing expenses effectively is fraught with challenges such as lost receipts, duplicate expenses, and policy non-compliance. Losing receipts can lead to rejected claims, while duplicates can cause financial discrepancies. Moreover, employees often mistakenly mix personal and business expenses, leading to policy breaches. Automated systems help by enabling users to scan and store receipts digitally, flag duplicates, and enforce compliance through real-time checks.

While Harvest doesn't offer AI-driven receipt capture, it compensates with its robust project-based expense tracking ability. Users can manually upload receipt images, ensuring all expenses are accounted for, while timesheet approvals ensure managerial oversight. This setup maintains the integrity of financial records without the need for complex AI solutions.

Integrating Expense Management with Business Processes

Seamless integration between expense management tools and other business systems is essential. For instance, linking expense reports to accounting or ERP systems enhances data visibility and reduces errors caused by manual entries. This integration helps in mapping expenses directly to general ledger accounts, improving financial reporting accuracy.

Harvest excels in integrating expenses into project budgets, allowing businesses to track costs effectively. While it doesn’t integrate directly with travel booking platforms or offer configurable business rules, its focus on project-based tracking ensures that expenses are managed within the context of specific projects, aiding in budget adherence and simplifying the approval process.

The Benefits of Mobile-First Expense Reporting

With 69% of employees submitting expenses via mobile apps, the shift to mobile-first solutions is evident. This trend reduces processing times by 41%, highlighting the importance of accessible, on-the-go expense management. Mobile apps provide the flexibility needed in fast-paced business environments, allowing users to submit, review, and approve expenses regardless of location.

Harvest's availability across iOS and Android platforms ensures that users can manage expenses on-the-go, aligning with the growing mobile-first trend. Although it does not offer instant budget notifications, the ability to manage expenses within project budgets provides a strategic level of control, meeting the needs of small and medium enterprises.

Discover Harvest's Expense Report App

Explore Harvest's project-based expense tracker with detailed reporting and multi-currency support. Perfect for SMBs managing expenses efficiently.

Screenshot of Harvest's expense report app interface showing advanced reporting features.

Expense Report App FAQs

  • Expense report apps streamline the process of tracking and submitting business expenses, reducing manual entry errors and processing times. They can decrease processing costs by as much as 78% per transaction and enhance accuracy with features like receipt scanning.

  • Automating expense reports can improve efficiency by reducing processing times by up to 72% and lowering costs per transaction from $58 to $49. This automation minimizes human error and speeds up reimbursement processes.

  • Mobile access is crucial as 69% of employees now submit expenses via mobile apps, reducing processing times by 41%. It allows real-time expense management, enabling users to submit and approve expenses on-the-go, which is essential in dynamic business environments.

  • Harvest supports international expense management by allowing expense tracking in multiple currencies at the client level. This feature helps businesses manage expenses globally, although manual currency conversion is required.

  • Yes, Harvest can generate detailed expense reports with advanced filtering and export capabilities. This helps businesses gain financial insights and streamline their expense management processes.

  • Harvest allows users to upload receipt images manually, ensuring all expenses are tracked accurately. While it doesn't offer AI-driven receipt capture, this method ensures thorough documentation of business expenses.