ExpensePoint
Company typePrivate
IndustrySoftware (Expense Management)
Founded2000; 25 years ago (2000)
FounderPaul Ansloos
Headquarters
Winnipeg, Manitoba
,
Canada
Key people
Mohamed Farid (CEO)
ProductsExpensePoint (expense management software)

ExpensePoint is a Canadian SaaS provider of expense management software headquartered in Winnipeg, Manitoba. The platform allows employees to capture receipts, submit expense reports and mileage, and enables finance teams to enforce policies, route approvals, and integrate with accounting systems.[1][2]

History

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ExpensePoint originated in 2000 under GlobalPoint Technologies Inc., which developed the first versions of the expense reporting product created by Paul Ansloos.[3] In 2010, GlobalPoint Technologies rebranded its business around the ExpensePoint product name.[3]

In 2022, ExpensePoint expanded to offer travel management in partnership with dnata Travel Management.[4]

In 2024, private investors Sage Capital Partners Inc. and MKF Growth acquired ExpensePoint,[5] appointing Mohamed Farid as chief executive officer the same year.[3] Independent profiles also list Sage Capital Partners among ExpensePoint’s investors.[6]

ExpensePoint is based in downtown Winnipeg and serves customers internationally.[2][7]

Products

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ExpensePoint is delivered as a cloud service with web and mobile access. Noted features include optical character recognition (OCR) for receipt capture, multi-level approvals, credit card data feeds, mileage tracking, policy enforcement, and reporting.[1] The platform also offers related add-ons such as corporate card and travel modules.[3] In 2021, the company announced integrations with accounting platforms including QuickBooks Online, Xero, and FreshBooks.[8]

Reception

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TechRadar Pro described ExpensePoint as an “affordable” cloud-based expense tracker suitable for small and midsize enterprises, highlighting its breadth of features for managing costs.[1] In 2019, Newsweek listed ExpensePoint among its “Best Business Tools” for expense report software.[9] PCMag also reviewed the software, noting its comprehensive automation and usability for corporate expense tracking.[10]

See also

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References

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  1. ^ a b c Clymo, Rob (21 June 2024). "ExpensePoint review: affordably streamlines expense tracking". TechRadar Pro. Retrieved 10 October 2025.
  2. ^ a b "ExpensePoint". Manitoba Chamber of Commerce. Retrieved 10 October 2025.
  3. ^ a b c d "Our Story". ExpensePoint. Retrieved 10 October 2025.
  4. ^ "ExpensePoint Announces a New Partnership with dnata Travel Management Which Will See dnata Offer Its Global Client Base a Fully Automated Expense Reporting System". Business Wire. 8 April 2022. Retrieved 17 October 2025.
  5. ^ "Sage Capital Partners Inc. Partners with MKF Growth to Acquire ExpensePoint". LinkedIn. 14 January 2025. Retrieved 9 October 2025.
  6. ^ "ExpensePoint — Company Profile". PitchBook. Retrieved 10 October 2025.
  7. ^ "ExpensePoint". Assiniboia Chamber of Commerce. Retrieved 10 October 2025.
  8. ^ "ExpensePoint Announces Its Integration Between QuickBooks Online, Xero Accounting, and FreshBooks". Business Wire. 19 February 2021. Retrieved 17 October 2025.
  9. ^ "Best Business Tools 2019: Human Resources". Newsweek. 2019. Retrieved 17 October 2025.
  10. ^ "ExpensePoint Review". PCMag. 13 January 2020. Retrieved 17 October 2025.
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