In the past month, we’ve received tons of feedback regarding integration with other services. Of the most requested (more like demanded) features has been the ability for users to post transactions to their Texthog account via Twitter. Today we made the final tweaks, and are releasing this one into the wild. Now expense tracking with Texthog IS as fun as using Twitter! We hope you enjoy it.
We’ve opted to use Direct Messages to protect the privacy and security of our users. All transactions that are posted as DM’s are deleted once they are logged into the texthog database.
Solves mobile issues
While evaluating the pros and cons of posting transactions via SMS/Email/Other Services, and looking closer at issues with some mobile carriers, we’ve determined that componding on Twitter’s mobile preferences and settings, it is a great bridge for many of our users.
Mobile and desktop support
This could be one of the best parts of Twitter support. There’s such a plethora of twitter apps you can use cross platform, mobile and desktop. Which apps do you use?
If you have any ideas that you think would make Texthog even better, feel free to shoot an email to darren[at]texthog[dot]com
A couple of weeks ago at SXSW, I ran into a dood named Ori Bengal. Ori is a cowboy. He takes to the road in a new ‘old-west’ fashion, cruising from city to city, photographing things for loot and hobby. He writes about his adventures and manages to make a living doing what he loves. After the heated Crowdsourcing panel, we caught up. We talked about Ori’s cool fuzzy hat, and I gave him a funky green shirt.
Anyhow, last night Ori and I exchanged a few tweets back and forth. He mentioned he’s going nuts over his taxes, the fact that he has to rifle through receipts (like most of us), do the spreadsheet thing, and make a run for tax-day. This got me to thinking about one of the wonderful things about Texthog: Posting multiple transactions via email.
Posting Multiple Transactions via Email
We built Texthog with several types of people in mind, one of them being someone that very limited time to track their expenses, but still wants to be in control. With our multiple transactions reporting, you can send one email and it’s all done for you.
How does it work?
The beauty of posting multiple transactions by email is the simplicity. Enter transactions line-by-line in the body area of your email, using the same format you would sending one transaction (tag, tag, amount).
Sushi, Lunch, 34.64
Dry Cleaning, $15.21
ATT Bill, $125
Everyday we’re working hard to make Texthog as simple to use as possible. We’ve noticed that as of late, we have received questions about the correct way to send text messages and emails to Texthog. The trouble is that if you send an sms or an email to your account that is improperly formatted, it is forever lost in the clouds. Of course, it’s not entirely lost (we do keep logs to help to track, backup & troubleshoot) but to our users, it seems like their work it’s gone for good. It’s frustrating and we understand.
We’re working on making the process simpler, but in the meantime here’s a recap of how it works.
Use multiple tags to make your purchase more specific
Gas, $25.50 (v.s) Gas, Shell, $25.50
Separate each tag with a comma, and put the amount last.
Gas, Shell, $25.50
You can omit the dollar sign
Gas, Shell, 25.50
More about SXSW Interactive: www.sxsw.com/interactive
First off, I want to extend thanks to Frank Gruber and Eric Olson for hosting Chicago TECH Cocktail 10 this past Thursday. The event was a blast, with quality demos from several local startups. We’ve been locked away in our HQ for the past few weeks, It was a great change of pace to get some fresh air and test the waters with our concept. For us, the feedback was invaluable. We all felt we were well prepared for the demo and questions, but it was a lot of fun being put on the spot with the unexpected. Thanks again to everyone who stopped by the booth to learn more about our service and even more to those who grabbed a tee to help us promote. We wanted to highlight some of the most frequently asked questions from our demo, in case you were wondering but didn’t have the opportunity to ask. We realize that we really only got to spend a few minutes with each person, but we listen closely to all feedback. Feel free to post any questions you may have in the comments below.
What is Texthog and how does it work?
Texthog is a really simple way to track expenses and create expense reports online. When you create an account, you’re given a unique texthog email address to use for posting transactions on the go. By adding this address as a contact in your cell phone, you can send text messages or emails with expenses directly to your account.
Who is the ideal user?
The perfect user is anyone who wants to track their spending, but finds complications in using other software. If you want to track expenses on the go, without pocketing reciepts, or without reconciling bank statements, Texthog is for you.
Do you store any financial information, bank account info, passwords, etc?
Apart from storing payment information in the future for paid accounts, we do not plan to store any sensitive, or invasive information like credit card numbers, account numbers. We strongly believe that cash flow is your business, and believe you can manage it effectively without the risk of storing passwords and access information to your private accounts.
How does Texthog differentiate itself from a service like Mint?
First of all, Texthog is not a set-it-and-forget-it solution. We believe you should stay active and involved not only in your spending, but also your expense tracking and reporting. Texthog gives you a set of tools to manage expenses easily and effectively, without the added cost of storing sensitive information. We take a fundamentally different approach but putting the responsibility of tracking on our users, but the process is simple and fun. Apart from automatic expense tracking, we offer several different capabilities; some of which are the ability to track among groups/multiple users, posting from mobile devices, reminders that you set yourself, attaching reciepts to transactions, yearly reporting and full export to other applications.
What is the revenue model, how does Texthog plan on making money?
While we’ll always have a free account for users that need simple online expense reporting, we have plans to release paid accounts in the near future. These accounts will include advanced features and be aligned for groups, and organizations that need to track expenses online.