ExpenseMagic Review – Easy expense tracking in your iPhone (in the UK only for now)
App Type: Uncategorized
Our rating: 
By: ExpenseMagic Ltd.
Version #: 2.1.1
Date Released: 2011-08-16
Developer:
Price: 0.00
User Rating:
Loading...
This app is currently only available in the United Kingdom, but we’ve found it interesting enough to highlight it here. We hope they make the leap to other iTunes App Stores soon
Receipts. Whether it’s waiting impatiently for the man behind the counter in Tesco to give you one, or sifting through a pile of them on a bi-weekly basis, they’re the bane of our lives. It’s shocking that even in this day and age of ever-increasing digitalisation, we still are forced to deal with these frustratingly curly bits of paper. While ExpenseMagic does not forever free us of this paper-based curse, it certainly makes dealing with it a hell of a lot easier
ExpenseMagic is essentially a receipt-management app, which lets you take photos of your receipts and write them tap them into the app, from where you can export your expenses as spreadsheets to your employer or yourself. Doing all this manually is convenient enough, with you being able to select from a bunch of traditional expense categories to save you doing too much tapping on the iPhone keyboard (let’s face it, none of us are fully accustomed to it).
If all this still seems too hands-on for you, then ExpenseMagic have a dedicated team of book-keepers that will actually manage your receipts for you. For each receipt you send to this bunch of little helpers, you use a token. With 20 tokens costing £2.99 (and free tokens dished out to those who refer their friends), that works out at 15p per receipt.
All your receipt data is stored using cloud servers, meaning that should, God forbid, your iPhone get lost or stolen, your precious expense details remain safe. The app even uses your GPS so that if you’re in a foreign country, the currency gets automatically converted to your domestic one.
ExpenseMagic makes a wide use of the iPhone’s capabilities. Cloud-based storage, GPS tracking and, most relevant of all, access to a group of in-house bookkeepers make this essential for those who wish to digitalise their receipt-management process. Paper receipts are not yet a thing of the past, but ExpenseMagic comes very close to making them seem that way.
Quick Take
Value:High
Would I Buy Again:Yes
Learning Curve:Low
Who Is It For:People who can't stand dealing with receipts. So everyone.
What I Like:Access to a team of dedicated book-keepers to do your receipt-management for you.
What I Don't Like:You still need to have SOME dealing with paper receipts.
Final Statement:A very useful receipt-management app that makes the most of the iPhone's nifty capabilities.
?App Store Staff Favourite?
?Business App of the Week - Shortlist magazine?
Capture receipts on the move and claim every expense easily.
Now you can use your mobile to capture your expense receipts straightaway. Just take a photo of the receipt and either enter the details yourself or have ExpenseMagic's trained bookkeepers accurately capture all the important details for you. We'll also work out the correct VAT rate for you so you don't have to worry.
“Installed and uploaded last week's expenses in 5 minutes last night. Woke up with a loaded expenses spreadsheet. No more weekends with the kitchen table covered in receipts. This app has just bought me days of time each year. Genius!" JTRW, Financial Consultant
Screenshots
Article By Robert Zak
I'm an up-and-coming freelance writer (or so I like to think) specialising in film, apps and gaming. Aside from writing app reviews on what sometimes feels like a mass scale, I've also contributed work to The Independent and IGN.com, and am on the writing team of the popular Lifestyle blog, WhatCulture.com. Like what you see? Follow me on Twitter @Rob_Zed and get in touch!
robert-zak has written 99 awesome app reviews.
