ExpensifyExpensify
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SquareSquare

Expensify vs Square — Which One Wins?

A detailed, side-by-side comparison of Expensify and Square to help you pick the right tool for your workflow.

TLDR

Quick Verdict

Square takes the lead with a 4.4 rating and is best for brick-and-mortar businesses and restaurants. Expensify (4.2) is the better pick if you need teams needing simple expense reporting and receipt capture.

Side-by-Side Comparison

CriteriaExpensifySquare
Rating★★★★ 4.2(190)★★★★ 4.4(310)
Pricing Modelfreemiumfreemium
Starter Price$5/user/mo$29/mo (Plus)
Free TierYesYes
PlatformsWeb, iOS, AndroidWeb, iOS, Android, Hardware
Learning CurveEasyEasy
API AvailableYesYes
Best ForTeams needing simple expense reporting and receipt captureBrick-and-mortar businesses and restaurants
VerdictBest Expense ReportsBest POS Ecosystem

Feature Checklist

FeatureExpensifySquare
SmartScan Receipts
Expense Reports
Corporate Cards
Approval Workflows
Mileage Tracking
POS System
Payment Processing
Invoicing
Banking
Payroll

Expensify

Pros

  • Best receipt scanning in the market
  • Simple UX
  • Strong accounting integrations

Cons

  • Full platform feels bloated
  • Corporate card less competitive vs Ramp
  • Customer support inconsistent

Square

Pros

  • All-in-one ecosystem
  • Beautiful hardware
  • Easy to set up

Cons

  • Higher processing fees than dedicated processors
  • Account stability issues reported
  • Can freeze funds without warning

The Bottom Line

Both Expensify and Square are solid tools in the Accounting & Finance space. Square edges ahead with a stronger overall rating (4.4 vs 4.2) and is the better choice for brick-and-mortar businesses and restaurants. However, if you prioritize teams needing simple expense reporting and receipt capture, Expensify is worth serious consideration. We recommend trying the free tier or trial of each before committing.

Frequently Asked Questions

Is Expensify better than Square?
Square scores higher overall with a 4.4 rating vs 4.2. However, the best choice depends on your specific needs. Expensify is best for Teams needing simple expense reporting and receipt capture, while Square is best for Brick-and-mortar businesses and restaurants.
Can I switch from Expensify to Square?
Yes, most users can migrate between the two. Square offers a free tier to test before committing.
Which is more affordable, Expensify or Square?
Expensify starts at $5/user/mo, while Square starts at $29/mo (Plus). Expensify offers a free tier. Square offers a free tier.