Expensify, the mobile expense app provider, introduced a new reconciliation feature today.
The feature allows company owners to reconcile imported credit card transaction data to designate the transactions that have not been reported to the companies by employees via Expensify. The reconciliation allows companies to identify expenses that may have slipped through the cracks.
Only Expensify users on the “corporate plan” have access to reconciliation reports. The user must also “have Domain Control enabled, and import company’s Commercial Card feed.”
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Expensify was launched in 2008 and has raised $6.7 million of venture funds to date.