Expense tracking can be one of the most tedious aspects of owning a small business, and yet it often seems unavoidable for anyone hoping to manage payments and maximize deductions. MergePay is a new web-application that provides individuals and entrepreneurs with a way to seamlessly track their expenses and manage their business bills online.
Sign up for MergePay for free while the application is still in beta. Enter your time zone, and then get started uploading all the bills you want to track with MergePay. To add a recurring bill, select an “app” from MergePay’s extensive list, then enter the amount, the frequency, and the date when the bill you’re managing is due each month. MergePay lets you choose whether you’d prefer to receive a notification three days before the bill’s due date or 24 hours before its due date, giving you plenty of time to cancel services before recurring payments go through. These notifications can be sent via email, SMS, or push notification.
Although many of MergePay’s most impressive features aren’t available while the web-application is still in beta, they will be available by the time MergePay goes fully live. When that happens, users will be able to forward their invoices to MergePay, take photos of their receipts with their iPhones, and use MergePay’s “1-Click Pay & Track” browser plug-in to automatically track any purchases they make online. By using the browser plug-in, MergePay users will also be able to pay for purchases online without manually typing in their credit card numbers.
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