Microsoft's new expense tracker Spend hits the App Store

The team behind mileage-tracking app MileIQ, a company Microsoft acquired a few years ago, is out with a new application. The new app, simply called "Spend," arrived on the App Store on Thursday, offering automatic expense tracking for work reimbursement purposes or for taxes. Spend doesn't appear to be a part of some grand Microsoft plan to take on expense tracking industry giants, like Expensify or SAP-owned Concur, for example.