1. Automate your expense reporting so you can do what you love.
Expense Geni
Automate your expense reporting
so you can do what you love.

3. Before Collect receipts 100s of receipts I collected over a month
Find Matching Transactions in Quickbooks
Find the matching transaction in my Quickbooks
Take a picture of the receipt and upload as an attachment
Manually Edit the Entry
Choose a category for the expense item
Enter the total amount and GST/PST paid
If I have paid tips, I need to extract the tips from the total amount paid

4. Current Challenges Time consuming & lost productivity
Lose track of receipts
Less tax return on sales taxes paid

5. Solution A mobile app that can submit your receipt on the go.
Parse the receipt information
Automatically categorize the expense
Automatically add the appropriate sales tax

6. Product Demo
DEMO TIME!

8. Business Model Revenue Stream: Subscription based on headcounts
Cost: Software Development & Storage Cost

9. Roadmap 1 - 2 Years Itemized travel expense report
Detailed analytics & forecasting (meals, transportation, etc.)
3 - 5 Years
Expand to the consumer market for better purchase analytics

10. Market Almost 1.1 million (97.9%) small businesses in Canada

11. Competitive Advantage
Automated sales tax recording
Better receipt understanding
Small business user friendly
receive automatic expense classifications and even have access to tax-friendly business categories.
20 minutes on average to complete one expense report.

12. Competition and how we are different and disruptive
None of these providers, have high accuracy transcription of receipt for tax and documentation purposes, they still catalog them as images or pdf and various other formats, which just moves the clutter from your desk or wallet to you phone or computer
Non of theses company transcribe
#needs a goog title
Source:

13. In 2015, the small business nonprofit organization SCORE compiled statistics about small business accounting costs. According to SCORE, most small business owners spend at least $1,000 per year on accounting administrative costs, internal expenses, and legal fees. The data is broken down like this:
23% spend $1,000 or less
31% spend $1,000 to $5,000
18% spend $5,000 to $10,000
12% spend $10,000 to $20,000
16% spend $20,000 or more
The typical accounting fees for small business fall between $1,000 to $5,000, according to the poll. If you’re a new business owner, don’t forget to factor accounting costs into your budget. If you’re a veteran owner, it might be time to re-evaluate accounting costs.

14. Thank You