[jason_wang]

I've been using Expensify for 2+ years and I just started using Abacus. The core value proposition of the two products are significantly different.

Expensify makes the "old school" expense/reimbursement process easier. Expensify lets me collect my receipts, fill out electronic expense reports, submit such reports to my supervisor at the end of each month, wait for his approval, then wait for the finance dept's approval, then wait another 15 days for the deposit. I was a big fan of Expensify because they still made my life easier. But to me, Expensify improves on a pretty awesome dredful process.

Abacus introduces a whole new expense/reimbursement paradigm that focuses on "now". As a user of Abacus, I know if I put in my expense as it happens, I'll get reimbursed right away. This really motivates me to do my expenses now rather than put it off until the end of the month (which also means I'm less likely to lose a receipt).