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Realtime Expenses Start with a Simpler, Smaller Price | Expensify Blog

One year ago, Expensify raised prices — the first time, ever — in order to get profitable.  That worked (thanks everyone!), but today is very different.  Today we are changing pricing in order to lay a foundation for a simpler and better product, even though the net effect of this change on our total revenue will be neutral.  This new pricing scheme is in effect today, and will first affect the 7/1 billing cycle.

Most customers will only be marginally affected — and many will see their price go down.  Those who do see their price go up are being given 12 months to get comfortable.  But everybody will see immediate benefits, and those benefits will compound over time as our new “realtime expense management” vision comes to fruition.

So that’s the long and short of it, and the new price is fully described here.  But if you care to know how we came up with it, read on:

Read complete article here:

Realtime Expenses Start with a Simpler, Smaller Price.

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