Expensify Announces Revenue Share Program for ExpensifyApproved! Accountant Partners and Their Clients
23 Août 2023 - 3:00PM
Business Wire
Accounting Partners who adopt and onboard
clients to the Expensify Card can now receive 50 basis points in
revenue share or additional cash back for clients.
Expensify, Inc. (Nasdaq: EXFY), the financial management super
app for expenses and corporate cards, has announced a new revenue
share program for all its valued accounting partners beginning in
September 2023. As part of the ExpensifyApproved! Accountants
partnership program, all registered partners will now receive a
remarkable 0.5% revenue share on every client's Expensify Card
purchases, in addition to the existing 1% to 2% cash back reward
enjoyed by all Expensify cardholders.
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The introduction of the revenue share underscores Expensify's
unwavering dedication to fostering strong partnerships and
rewarding accountants and bookkeepers for their continued
collaboration. This initiative complements the comprehensive suite
of benefits already available to ExpensifyApproved! Accounting
partners, including complimentary accounts for staff, flexible
month-to-month pricing for clients, and a dedicated partner manager
ensuring tailored support.
“Expensify has always invested deeply with their accounting
partners, from dedicated partner support to ExpensiCon,” says
Floriana Allen, Senior Manager, Advisory Services at Wiss &
Company. “The revenue share program takes this investment to a
whole new level, allowing partners to share in the economics of
Expensify’s business model while providing clients with the best
tools for automating their spend needs,” continues Allen.
Starting in September, partners will begin to see the revenue
share payments sent via Expensify's Bill Pay feature. This
efficient process ensures that partners can reap the benefits of
their hard work and dedication without any paperwork. Partners can
also choose to pass the 0.5% of spending back to their clients as
additional cash back.
"We’re thrilled to announce this exciting enhancement to our
ExpensifyApproved! Accountants program," says David Barrett,
founder and CEO of Expensify. "This revenue share initiative is a
testament to our commitment to providing our partners with the
tools and incentives they need to succeed. We believe that by
sharing our success with partners and clients, we can collectively
drive growth, efficiency, and prosperity."
For more information about the ExpensifyApproved! Accountants
program and the new 0.5% revenue share feature, partners are
encouraged to reach out to their dedicated partner manager.
About Expensify
Expensify is a payments superapp that helps individuals and
businesses around the world simplify the way they manage money.
More than 12 million people use Expensify's free features, which
include corporate cards, expense tracking, next-day reimbursement,
invoicing, bill pay, travel booking, and chat in one app. All free.
Whether you own a small business, manage a team, or close the books
for your clients, Expensify makes it easy so you have more time to
focus on what really matters.
Forward-Looking Statements
Certain statements made in this press release constitute
forward-looking statements within the meaning of the “safe harbor”
provisions of the Private Securities Litigation Reform Act of 1955.
All statements contained in this press release that do not relate
to matters of historical fact should be considered forward-looking
statements, including, without limitation, statements regarding
Expensify’s expectations concerning its new revenue share program
and the program’s anticipated benefits. These forward-looking
statements are based on management’s current expectations. These
statements are neither promises nor guarantees, but involve known
and unknown risks, uncertainties and other important factors that
may cause our actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements, including the risks discussed in Expensify’s filings
with the SEC, including Expensify’s Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no
obligation to update publicly any forward-looking statements,
whether as a result of future events, new information or otherwise,
except as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230823991385/en/
T.J. Ferriss, press@expensify.com
Expensify (NASDAQ:EXFY)
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