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Original page
http://venturebeat.com/2009/08/12/expensify-raises-1m-for-online-expense-reporting/ -
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1) Expensify Guaranteed eReceipts - Because we import directly from your bank (without any intermediaries) we can guarantee to the IRS that your expenses are for real.
2) Online reimbursement - We're not just a "data in, data out" website, Expensify deals with real dollars. That means we can reimburse expense reports up to $10,000 with our online payment engine, to and from any credit card or checking account.
3) PCI compliance - We are very, very serious about security, upholding perhaps the most rigorous security standard online; the same one upheld by PayPal. Granted, ExpenseBay doesn't deal in real dollars or actual financial data so they've picked an easier problem, but having an fundamentally secure architecture enables us to do a lot more.
And there are lots of little things -- support for small business tax categorization out of the box, QuickBooks export, Salesforce integration, an open API, etc. There's plenty of room for the both of us and we're by no means trying to be everything for everybody. But if you're looking for the fastest expense report in the west, you could do worse than to check us out! If you do, please drop me a line at dbarrett@expensify.com or call me at 801.860.0540 -- I'd love to hear from you!
-david
Founder, CEO of Expensify