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July 18, 2008

The Circular Debt Resolution™ algorithm

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One of the core features that makes Expensure super useful for people who flat or travel together is the Circular Debt Resolution™ algorithm.

The Circular Debt Resolution™ algorithm helps people who share expenses remove the pain of working out who owes who what by working it out for you.

At this very moment one of my ledgers involves 5 other people and we are all off to Sicily for a quick trip. Everyone on this Sicily Holiday ledger has paid for different shared expenses like flights, car rental, villa rental and pre-booking deposits, B&B rental and we haven't even left home yet!

Right now we would normally be knee deep in a swamp of confusion over who should repay who what amount of money, but no, we are off down to the the pub instead to enjoy a toast to our own ingenuity.

I must admit it feels pretty cool to be road-testing our products and to find that they not only work, but that they really do save us the time, pain and hassle that caused us to make them in the first place (yay!).

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