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Expensify Forms Accountant Steering Committee to Drive Product Development
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Expensify (NASDAQ: EXFY) has formed a Steering Committee comprising ten global accounting experts to drive innovation in the accounting industry. This committee will guide Expensify's future initiatives, including discussions on product enhancements related to chat and payroll, with meetings scheduled throughout 2023, leading to the prestigious ExpensiCon in Italy.
CEO David Barrett emphasized the committee's potential to keep Expensify at the forefront of accounting. The inaugural meeting was held in December 2022, where the committee addressed the theme 'Every Payment is a Conversation.'
Positive
Formation of a Steering Committee with ten accounting experts to drive product innovation.
Plans for future discussions on enhancements related to chat, payroll, and the Expensify wallet.
Strong endorsement from committee members indicating confidence in Expensify's growth and product development.
Negative
None.
Ten global accounting experts join Expensify’s Steering Committee to advise the expense management company on pushing the limits of the accounting industry
PORTLAND, Ore.--(BUSINESS WIRE)--
Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards, and bills, today announced a strategic partnership with accounting leaders to help shape the future of the industry for firms and clients alike.
Expensify Steering Committee Inaugural Meeting, Four Seasons Hotel, Austin, Texas, December 2022 (Photo: Business Wire)
The inaugural Expensify Steering Committee is comprised of:
Colman Edwards, Senior Director of Technology at Countsy
Deb Defer, Managing Director, Business Services & Outsourcing at BDO USA
Denise Bailey, Principal, Business Systems Consulting Practice Leader at Elliott Davis
Denise LeDuc Froemming, President & CEO of the California Society of CPAs
Dixie McCurley, Partner, Digital Advisory, Client Accounting Services Leader at Cherry Bekaert
Keeley Stock, Managing Director at ZEDRA Group
Kenji Kuramoto, Founder & CEO of Acuity
Laura Redmond, Founder & CEO of Redmond Accounting
Pete Lopez, Business Development Manager at Kranz Consulting
Tina Gregory, Consulting CFO & Head of CFO Team at Early Growth Financial Services
The committee first met in December 2022 at the Four Seasons Hotel Austin to discuss the topic “Every Payment is a Conversation,” which was guided by Expensify’s founder and CEO David Barrett, COO Anu Muralidharan, and CPO Jason Mills.
Future initiatives, including chat, payroll, and the Expensify wallet, will be discussed in meetings throughout 2023. The next gathering takes place this May at ExpensiCon, a prestigious invite-only accounting conference in Italy where 100 industry professionals and thought leaders will come together for five days of community building, thought leadership, networking, and roundtable sessions.
“We’re delighted to have such a talented and committed group of individuals on the Steering Committee,” said founder and CEO David Barrett. “Their expertise and experience will be invaluable in ensuring that Expensify stays at the forefront of the accounting industry and continues to lead the way.”
Here’s what some of Expensify’s Steering Committee members have to say about this unique partnership:
“I’ve been an Expensify partner and customer for many years and I’m honored for the opportunity to be a member of the Steering Committee,” said Kenji Kuramoto, founder and CEO of Acuity. “Expensify’s product has advanced at an incredible pace and to get to work with other industry peers and the Expensify team to continue to shape the product’s future is going to be tremendously fun! I know our work together will positively impact all of our clients and the accounting community who serve small businesses. And if this wasn’t exciting enough, I absolutely cannot wait for ExpensiCon! Being amongst so many people that I admire in the accounting industry against the backdrop of the Italian coastline…. what more can you say besides ‘perfetto!’”
“I’m excited to be a part of the Steering Committee to provide input on taking Expensify to the next level. Looking forward to collaborating with top talent at ExpensiCon!” said Denise Bailey, Elliot Davis.
“I’m delighted to have been asked to join the Expensify Steering Committee,” said Keeley Stock, Managing Director of ZEDRA London. “Expensify has been an absolute game changer for our clients and the team at ZEDRA over the years. I look forward to working even more closely with my peers and the Expensify team to continue to elevate the fantastic products they provide.”
"Innovation in technology is a top priority for my firm,” says Colman Edwards, Sr Director of Technology at Countsy. “Expensify has always been on the cutting edge of fintech, so it’s exciting to join the Steering Committee and have the chance to give input firsthand into product changes that are optimized for accountants.”
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, payroll, and travel booking 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.
