Business expense accounts may sound glamorous, but for most frequent travelers they're more of a hassle than anything. Sure, there's always the novelty of being able to go out to to dinner on the company's dime, but this wears thin after a few days of stuffing your wallet full of receipts. Expensify , the startup that took second place at TC50's DemoPit, is hoping to ameliorate these issues as much as possible by keeping track of your expenses for you. CEO David Barrett says that while solutions exist for the top 3% of businesses - namely large companies with hundreds or thousands of employees - the remaining 25 million American businesses are left to fend for themselves with paper receipts and annoying Excel spreadsheets. The site launched this week, and is offering the service for free (you won't have to pay its 3% surcharge) to the first 1000 users who sign up here .