AI EMPLOYEES
Automate expense report processing with agentic AI
Review, approve, and process employee expense reports and reimbursements automatically. Reduce processing time by 80% with your AI employee.
Expense report processing
Finance
3,023
Running
80%
Faster Reimbursement
Human employees shouldn't be reviewing expense receipts manually...
Manual Receipt Review & Data Entry
Your team spends hours manually reviewing receipts, verifying amounts, and entering expense data into your system.
10-15 minutes per expense report
Slow Reimbursement Cycles
Slow approval workflows and manual processing lead to delayed reimbursements and frustrated employees.
14-21 day average reimbursement time
Policy Violations & Compliance Issues
Manual review misses policy violations, duplicate submissions, and non-compliant expenses, creating audit risks.
20% of expense reports contain errors
Use agentic AI to automate your expense processing 24/7
Automatically extract data from receipts
Magical uses AI to extract merchant names, dates, amounts, and expense categories from any receipt format—photos, PDFs, or digital receipts.
Magical automatically checks each expense against your company policies, flagging out-of-policy amounts, missing documentation, or duplicate submissions for review.
Magical intelligently routes expense reports based on amount thresholds, department budgets, and manager hierarchies—automatically escalating when needed.
Magical integrates with your payroll or AP system to process approved reimbursements automatically, sending notifications to employees at each step.
Step 1: Book a demo
See Magical in action and scope out your current expense report processes for automation.
Measurable results for your expense management
80%
Faster Reimbursement
Process expense reports in days instead of weeks with automated workflows
95%
Policy Compliance
Catch policy violations and duplicate expenses before payment
75%
Cost Reduction
Reduce expense processing costs through automation and better compliance
100%
Employee Satisfaction
Improve employee experience with faster, more transparent reimbursements
What finance teams are saying
Magical has revolutionized our expense management. We've cut reimbursement time from 3 weeks to 3 days, and our employees love the faster process. The automated policy checks have also helped us identify and eliminate non-compliant spending.
We process over 2,000 expense reports monthly and Magical has been transformative. The AI accurately extracts receipt data and flags policy violations that we used to miss. Our accounting team can now focus on exceptions instead of reviewing every single receipt.
Security & compliance
HIPAA compliant
Magical processes all data locally with zero PHI storage
SOC 2 Type II certified
Enterprise-grade security with regular third-party audits
Secure Authentication
Single Sign-On (SSO) and multi-factor authentication options
Ready to transform your expense report processing?
How accurate is the receipt data extraction?
Magical's AI achieves over 95% accuracy in extracting data from receipts. It works with any receipt format including photos, screenshots, PDFs, and digital receipts. The AI learns from corrections to improve accuracy over time.
Can Magical enforce our company expense policies?
Yes, Magical can be configured with your company's expense policies including spending limits by category, required documentation, approval thresholds, and prohibited expenses. It automatically flags violations for review before approval.
Which expense management systems does Magical integrate with?
Magical works with all major expense management platforms including Expensify, Concur, Rydoo, Zoho Expense, and can also integrate directly with accounting systems like QuickBooks and NetSuite.
How does Magical handle international expenses and currencies?
Magical automatically recognizes foreign currencies and applies current exchange rates. It can validate expenses against country-specific policies and handle international tax and VAT requirements.
What happens to flagged or out-of-policy expenses?
Magical automatically flags policy violations and routes them to the appropriate reviewer with context about the issue. Managers can approve exceptions, request clarification, or reject expenses with one click. All decisions are logged for audit purposes.