The Best Online Expense Trackers for Freelancers

Wednesday, June 28, 2023 | Expense Tracker

Talygen

According to a study from Fiverr, 71% of American workers are planning to freelance in 2023. Freelancing appeals to many people since it allows them to be their own boss. However, just like any other profession, freelancers need effective ways to keep track of their business expenses. These expenses can include office supplies, office space, software fees, business-related phone bills, and advertising. Instead of relying on handwritten spreadsheets, freelancers should use expense tracker software. Using expense tracker software reduces the risk of human error. Many online expense trackers include mobile apps so freelancers can upload expenses while on the go.

There are many project expense trackers currently on the market. Some examples of online expense trackers that freelancers can use include Talygen, Zoho Expense, Bonsai Tax, Expensify, Wave, and Shoeboxed. These expense tracking software systems are explained in more detail below.

1. Talygen

Talygen is a business automation software suite that includes expense tracking. Freelancers can access the Talygen dashboard to create and upload expense reports. When creating a report, users can designate the cost and the type of the expense and upload expenses in bulk. Additionally, users can upload pictures of the receipts so they have easy access to this information. Talygen is compliant with Privacy Shield and GDPR requirements so freelancers can rest assured that their data is always secure.

Talygen can also work alongside other accounting tools like QuickBooks and Fresh Books so freelancers can efficiently keep up with their finances. Other third-party software systems that Talygen can integrate with include Microsoft Outlook, Google Drive, and Google Calendar. Freelancers can use Talygen’s other modules like cloud-based document storage, time-tracking, invoicing and customer relationship management. Talygen’s project expense tracker is highly flexible, making it an ideal choice for freelancers.

2. Zoho Expense

Freelancers can use Zoho Expense to help them organize project expenses. Users can upload expense reports to the Zoho dashboard. Users can also upload pictures of their receipts to their reports. Another benefit that freelancers can gain from using Zoho Expense is that it can work alongside other Zoho applications and third-party tools like QuickBooks and Google Suite. However, a disadvantage of using Zoho Expense is that the user interface is somewhat cumbersome.

3. Bonsai Tax

Bonsai Tax is an online expense tracker that freelancers and other self-employed users can utilize. With Bonsai Tax, freelancers can easily import and classify various expenses and receipts. These reports and analytics are organized on a centralized dashboard. The system also includes an invoicing feature, so freelancers can get paid faster. Another benefit that freelancers can gain from using Bonsai Tax is that it can integrate with third-party software systems such as QuickBooks and Google Drive. However, some freelancers may hesitate to use Bonsai Tax as their expense tracker software because it lacks the option for users to export their time-tracking data.

4. Expensify

Freelancers can use Expensify to organize project expenses. One of the main benefits of using Expensify is that users can upload photos of their receipts to the system. Users can then organize expenses such as mileage tracking. Another benefit of Expensify is that it is compliant with Privacy Shield and GDPR requirements, so freelancers can rest assured that their information is safe at all times. Also, Expensify can integrate with third-party software systems such as QuickBooks. However, a downside that freelancers may face while using Expensify is that the mobile app is less functional than the desktop website.

5. Wave

Wave is an online expense tracker that freelancers can use. Freelancers can use Wave to create expense reports and upload their receipts. The receipts are stored in the cloud. Another benefit that freelancers can gain from using Wave is that it includes a billing and invoicing module. However, some freelancers may hesitate to use Wave as their project expense tracking software because it lacks the ability to integrate with third-party software systems.

6. Shoeboxed

Shoeboxed is an expense tracker software system that freelancers can use. Like other online expense trackers, Shoeboxed allows users to upload pictures of their receipts to the system. These receipts can be stored in Shoeboxed’s cloud-based document storage system. Data will be secure at all times in this storage system. Also, users can create expense reports using the information from the receipts. Another benefit freelancers can gain from using Shoeboxed is that it can integrate with QuickBooks. However, a disadvantage of using Shoeboxed is that sometimes receipts have issues uploading.

Freelancing has become increasingly popular over the past few years. However, just like any other business, freelancers still need to track expenses such as office equipment, software licenses, and advertising. Freelancers can achieve this by using a robust expense tracking software solution.

If freelancers want to use the best online expense tracker, they should use Talygen. With Talygen, freelancers can easily create expense reports and upload receipts. Talygen is a trusted provider of business automation solutions. To learn more about Talygen’s expense tracker software, visit www.talygen.com to request for a product demo.

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