Finance ops · Production

Expensya helps 6,000+ companies automate expense reports using OCR+ Technology

The problem

Companies were managing employee expense reports manually in Excel spreadsheets, spending significant time on data entry and VAT recovery processes that cost more than they were worth.

Workflow diagram · grounded in source
1
Receipt digitization
trigger
“Once the the receipt is digitized, it's possible to go paperless.”
2
OCR+ data capture
ai_action
“we are quite impressed by the OCR+ Technology. It recognized everything on the invoice in a few seconds.”
3
Employee expense tracking
output
“our employees are able to consult and track their business expenses in real time, simply and conveniently.”
4
Manager review and approval
human_review
“Create, review and approve expense reports from anywhere with an on-the-go mobile app.”
5
Accounting system export
integration
“Exporting data from Expensya allows us to easily integrate this data into our software, eliminating double data entry.”
Reported outcome

Expensya reduced accounting time by almost 60 to 70% and halved expense processing time at multiple customer sites.
Employee satisfaction reached 95%, and the OCR+ Technology eliminated manual receipt data entry, saving accounting teams 2 to 3 hours per month and employees 30 minutes per expense.

Reported metrics
Accounting time reductionalmost 60 to 70%
Expense processing timereduced by half
Employee satisfaction95%
Accounting team time saved per month2 to 3 hours per month
Show all 7 reported metrics
accounting time reductionalmost 60 to 70%
expense processing timereduced by half
employee satisfaction95%
accounting team time saved per month2 to 3 hours per month
employee time saved per expense30 minutes per expense
total platform customersOver 6,000
total platform usersmore than 600,000
Reported stack
ExpensyaOCR+
Source
https://www.medius.com/solutions/expense/customer-stories
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Expensya reduced accounting time by almost 60 to 70% and halved expense processing time at multiple customer sites.

What tools did this team use?

Expensya, OCR+.

What results were reported?

Accounting time reduction: almost 60 to 70%; Expense processing time: reduced by half; Employee satisfaction: 95%; Accounting team time saved per month: 2 to 3 hours per month (source-reported, not independently verified).

How is this finance ops AI workflow structured?

Receipt digitization → OCR+ data capture → Employee expense tracking → Manager review and approval → Accounting system export.