Expensify vs Mercury
Expensify and Mercury are both accounting & finance tools. Expensify is aimed at small businesses and enterprise, while Mercury is aimed at small businesses and developers. Expensify costs less, from $5/mo versus $29.90/mo for Mercury. Both have a free plan.
Receipt scanning, expense reports and corporate cards for SMBs
Banking built for startups
| Pricing | Freemium · $5 | Freemium · $30 |
| Starting price | $5/mo | $29.90/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Built for | Small businesses, Enterprise, Freelancers | Small businesses, Developers |
| Platforms | web, ios, android | web, ios, android |
| Country | US · 2008 | US · 2017 |
| Rating | — | — |
Choose Expensify if
Small and mid-size companies that reimburse employee spending and want proven receipt scanning with low per-member pricing.
- Collect at $5 per member is cheap and needs no annual commitment
- Control pay-per-use bills only members active that month
- SmartScan and the mobile app are fast and well proven
Look elsewhere if: US companies wanting free card-led spend management or very simple bookkeeping (Ramp, Brex or QuickBooks fit better).
Choose Mercury if
US-incorporated startups.
- Fast, founder-friendly onboarding
- No monthly fees on core
- Excellent UI
Look elsewhere if: Non-US entities.
Expensify vs Mercury pricing
Expensify
- Submit$0Free for individuals submitting expenses to an approver
- Collect$5/member/moPay-per-use only; approvals, reimbursements, QuickBooks and Xero
- Control (Annual)$18/member/moAs low as $9 with the Expensify Card; 12-month commitment
- Control (Pay-per-use)$36/member/moNo commitment; billed per active member each month
Mercury
- Mercury$0Banking, cards, invoicing, bill pay, expense management
- Plus$29.90/moRecurring invoices, ACH debit invoicing; 15% off annually
- Pro$299/moRelationship manager, NetSuite categorizations
Expensify · Key features
- SmartScan receipt capture that reads merchant, date and amount from photos
- Expensify Card with automatic transaction matching and real-time limits
- Multi-level approval workflows and rule-based policy enforcement
- Next-day and global reimbursements to employee bank accounts
- Mileage, distance and per diem tracking in the mobile app
- Built-in travel booking tied to expense policies
Cons
- Control pricing mixes annual sizes, pay-per-use and card discounts
- Annual subscription size can only be reduced at renewal
- Recent app redesign moved familiar features around
Mercury · Key features
- Business checking and savings
- Debit and credit cards
- Treasury and yield
- Invoicing and bill pay
- International wires
- API and integrations
Cons
- US entities only
- Cash deposits limited
- Not a full-service bank
Expensify vs Mercury: FAQ
Which is cheaper, Expensify or Mercury?
Expensify starts at $5/mo and Mercury at $29.90/mo. Both prices are checked on the vendors' own pricing pages.
Do Expensify and Mercury have a free plan?
Yes, both Expensify and Mercury have a free plan; paid plans add more usage and features.