How Automated Expense Management Transforms Businesses

Expense720 is an invoice and expense management app for Microsoft Business Central.

This app is specifically designed for electronic invoice and expense management (often referred to as digital expense management).

Expense720 is also an invoice management software built for automated invoice processing.

Yes, Expense720 ensures an efficient handling of expenses in simple workflows within Business Central.

Yes, Expense720 includes an invoice approval flow, simplifying the entire invoice management process and ensuring easy accounting in Business Central.

Yes, with Expense720, you are fully compliant with the digital bookkeeping law, effective from July 1, 2024.

The new law applies to businesses that are required to use a registered digital standard accounting system, covering digital bookkeeping and storage of invoices.

With Expense720, you can easily and efficiently manage digital expenses and meet the legal requirements.

If you also want to handle e-invoicing for public authorities and institutions in Denmark or across EU borders, we’ve created an extension Peppol720, also an app for Business Central.

Capture AI is an advanced expense scanning feature in Expense720 that automatically removes data from invoices, credit notes and receipts.

Unlike traditional methods that use OCR and require templates and manual mapping, Capture AI leverages Chat GPT-4 technology. This ensures that data from both the header and line items of documents is transferred automatically, quickly, and accurately, saving time and reducing errors for users.

Microsoft Dynamics 365 Business Central is a comprehensive financial system that simplifies financial management with access to real-time data, automated processes, and compliance with global accounting standards.

In addition to its core finance features, Business Central excels in offering integrated modules for inventory management, project management, and sales, making it a powerful all-in-one solution for businesses.

By choosing Business Central, you get not only a top-tier financial system but also a scalable platform that grows with your business, providing insights and tools across all business areas.

Moreover, Business Central's cloud-based nature allows you to enhance functionality by seamlessly integrating specialized apps like Expense720, Business720, and Peppol720. These apps further optimize expense management, business processes, and e-invoicing, making Business Central an even more comprehensive and flexible solution. The ability to easily add these apps ensures that your financial system evolves alongside your needs, maximizing efficiency and delivering customized solutions for your business.

Unlike standalone expense management software, which requires additional integrations and separate user management, Expense720 works natively within Business Central. This means:

• No expensive and time consuming integration work needs to be done up front 
• Setup is done in minutes, so you don't have to invest time in learning a new platform
• All documents stored/archieved in your own Business Central database - total control and ownership of your own data
• No shifting between different systems
• No duplicate data entry - expenses flow directly into your accounting system.
• It's totally free to install and try out on all your BC environments. It's free when your usage is low and within the Free Plan. Only when you increase usage, you start paying. That way you avoid upfront costs and investments in platforms. 

By choosing Expense720 in your Business Central, you get a comprehensive and fully connected financial system, ensuring that expense management, invoice processing, and compliance are all handled in one place.