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Expensify

AI expense reporting, now a public company with a rocky run

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Expensify's SmartScan AI extracts data from receipts and files expense reports automatically, and its corporate card reconciles every transaction against a receipt in real time rather than at month-end. It integrates with QuickBooks, Xero, NetSuite, and Sage, and went public via SPAC in 2021 — a listing that's had a bumpy few years since, as reduced business travel and heavier competition put real pressure on growth.

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