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Best Expense Management Software At A Glance
75% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Expeni and how does it work?
Expeni is a team of experienced developers that had a need to control and manage their expenses. We couldn't find any innovative, time-saving and simple solution so built one for us - Expeni (the idea behind the name is expenses and penny) - a simple and innovative purchase order solution that is continuously adding new powerful features in a simple way. Helps to Track the company purchases in a simple way. Setup budgets/projects, approve purchase orders & mark as paid. Receive deliveries and stay up to date.
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Herlev, Denmark
70% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is ClientAccessWeb and how does it work?
ClientAccessWeb, Applied Innovation’s flagship software solution gives your agency the tools to control time and expenses. Streamline your business by automating workflow between agency and clients. Hosted in our private cloud, communicate with your clients via secure messaging, receive new account placements with customizable templates or bulk upload. Provide your clients with interactive account inquiry screens and on-demand reporting tools. Allow your clients to manage themselves.
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Write a ReviewWenatchee, Washington
93% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Fyle and how does it work?
Fyle is an expense management software for modern finance teams. It helps to improve the financial productivity, cost savings, and employee satisfaction. Users can easily integrate all expenses from everyday apps such as Outlook, Gmail, Slack, etc. Data is extracted automatically from the receipts and checked for policies even before being submitted. Fyle’s intelligent solutions can eliminate all expense management problems faced by future-ready organizations. This is achieved by allowing the managers to approve expenses before spending, keeping all receipts handy, closing the reimbursement cycle, and accounting books faster. Also, employees can scan paper receipts, track business mileage, and compile all aspects of the expense report in one place. It provides advanced analytics and data reports regarding expense patterns and allows the management to make informed decisions. The businesses can also use the tool to replace outdated bank softwares with advanced corporate card management software. Another important feature is its GDPR-compliant, enterprise-grade, encrypted data security. All this makes Fyle easily scalable to organizations of varying levels.
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Karnataka, India
Live Since 2016
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SaaSworthy’s own chatbot that helps you find, compare, and choose better in seconds.96% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Spendesk and how does it work?
Spendesk is a management solution that allows the company’s finance teams to manage spend approvals, company cards, invoice management, expense reimbursements, and automated accounting. Spendesk is a scalable solution that is designed to evolve with the organization. It allows users to generate single-use, capped virtual cards for a one-off purchase, preventing internal and external fraud risk. The organizations can reduce risk over pre-payment approvals and unique virtual cards by centralizing control over employee spending. Users can also set limits by defining teams and individual thresholds. Users can streamline approvals by decentralizing authority and defining approval workflows which will give total visibility on spending. Spendesk is an ingenious tool that provides a report that shows a company's purchase history with a full audit trail of requests, reviews, approvals, and exports. Users can view consolidated data for all team transactions in real-time with all vital payment information. This enables them to regulate cash flow and anticipate upcoming supplier payments.
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Paris, France
Live Since 2016
86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is CloudBooks and how does it work?
Cloudbooks is an easy-to-use online invoicing software with time tracking that helps you send invoices for your projects and customer expenses, receive payments and track the overall health of your business quickly and efficiently. Helps Track all your invoices. Quickly see the ones that are paid and the ones that are still open. Ensure faster payments from customers by allowing them to make online payment to your invoices.
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Write a ReviewSt. Petersburg, Florida
Live Since 2014
84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is MileIQ and how does it work?
MileIQ simplifies mileage tracking for deductions and expenses with its automatic, user-friendly, and highly accurate app. Whether a self-employed professional seeking mileage deductions or a large business managing expense reports, MileIQ has the needs. Available on iOS and Android, the app tracks the miles seamlessly while one can stay focused on driving. With a swipe, one can classify trips as personal or business and generate custom reports with a tap. Use tax-compliant mileage rates or set custom rates to match the requirements. MileIQ allows one to set work hours, automatically categorizing business drives for added convenience. Easily name frequent locations to streamline trip classification and reporting. Designed to track every mile for every vehicle, MileIQ makes managing mileage simple, efficient, and stress-free.
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Write a ReviewSan Francisco, California
Live Since 2012
75% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Datamolino and how does it work?
Datamolino removes the pain of manual data entry for accountants, bookkeepers, and SMEs. Our online application at www.datamolino.com automatically extracts key information from purchase and sales invoices, bills, and receipts, and pushes the data directly to Xero or Sage One accounting systems in minutes. Datamolino is capable of extracting all amounts, dates, tax rates, supplier details including line item-level information. PDF or scanned invoices are simply uploaded to Datamolino via email or desktop 'drag and drop'.
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Write a ReviewLive Since 2013
85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Emburse Captio and how does it work?
Captio's business travel and expense management solution enables companies and their employees an improved control of their expenses and the discovery of new savings opportunities. Captio integrates the expense management process into a single, paperless workflow, eliminating the need for manual tasks and preventing fraud.
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Write a ReviewBarcelona, Spain
Live Since 2012
81% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is keepek and how does it work?
Keepek is a mobile and web-based solution that automates and streamlines the expense management process. There is one thing in common between our users: They want to spend less time managing and reporting their expenses.
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Write a ReviewLive Since 2013
78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Receipt Cat and how does it work?
Receipt Cat software is an Expense and income tracking for your small business. The software offers Intelligent receipt and invoice scanning tool to scan photos or PDFs in minutes. Categorize items to manage businesses expenses with tax season. Measure the business with reporting dashboard to shows expenses and income.
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Write a ReviewNashville, Tennessee
87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Weel and how does it work?
Set up multi-level approval flows and payment scheduling to pay bills on time. Avoid awkward expense questions altogether. Create spending rules and budget limits that mimic company’s expense policy. Build custom approval flows that help keep company budgets in check, without holding team back from purchasing the things they need. Get the complete picture on company spending, without waiting for a bank statement. See each transaction as it happens with a live feed.
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Write a ReviewSydney, Australia
90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is SutiExpense and how does it work?
SutiExpense is an online expense management software that allows businesses to create, submit, and approve expense reports. It employs machine learning to evaluate expenditure trends and identify irregularities in corporate spending. It also works as a report software to detect fraud and automate the expense reporting process. It utilises machine learning to analyse spending patterns and spot anomalies throughout enterprise spend. Its features include a Bot as a virtual assistant that aids users with expense report creation, line-item addition, transaction addition, and expense report approval. Budget charts and analytics that show the assigned budget, the amount spent, and the amount remaining. One of its most beneficial features is the ability to create flexible approval workflows - handle expenditure reports, build up hierarchies, choose workflow types, and specify thresholds for each role/department. Also, their eSignature integration allows users to approve expense reports through multiple signing methods – Touchpad, Static Signature and Dynamic Signature. They also have a mobile application which allows users to produce, update, and manage expense reports even when they are offline. While online, any modifications made to the expense reports will be automatically updated.
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Los Angeles, California
Live Since 2009
89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Expend and how does it work?
Expend is changing the way businesses manage expenses and spending. Say goodbye to multiple apps, logins, and subscriptions. Say hello to an AI-assisted future that’s free of admin and inaccurate data. Invite your accountant to support your MTD filings and reclaim more VAT. Plus, they have made it simple for accountants and managers of multiple businesses to switch between them with just one login. The Expend card provides flexibility that traditional payment cards cannot. Customize daily, weekly, monthly, yearly, and project budgets.
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London, England
Live Since 2014
86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is DATABASICS Expense and how does it work?
DATABASICS Expense makes online expense reporting easy without sacrificing control. This mobile app minimizes report entry for the travelers. For Finance, expense report tracking software streamlines project allocation, accounting integration, and policy enforcement. With DATABASICS Expense, user get the best of both worlds: ease of use and power. DATABASICS provides cloud-based, next-generation Expense Reporting, Timesheet Management, and Invoice Processing automation to customers in all industries in more than 140 countries. Specializing in meeting the most rigorous requirements, DATABASICS offers the highest level of service to its customers around the world.
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Write a ReviewReston, Virginia
75% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Innovo Xpense and how does it work?
Innovo Xpense helps the user gain control of their expenses by effortlessly capturing receipts, organising and categorising expenses and gaining valuable insights. Expense details are very easy to record and require just snapping a picture. Expense claims can then be automatically generated within seconds. These claims also get logged into accounting or ERPs without any human intervention. They can then be conveniently approved on the go. Innovo Xpense integrates with popular apps like QuickBooks, Xero, MYOB and others that sync with the user's accounting tools. It also helps them optimize GST claims by automatically extracting GST information from user's expenses to make accurate input tax claims. Credit card transactions are easy to import in the tool. Generating downloadable reports lets users keep a holistic view of their expenses. The software even helps the user ensure adherence to compliance. It allows them to create, manage and customize their approval workflows based on their specific requirements.
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Write a ReviewSingapore - 069534
88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Emburse Nexonia Expenses and how does it work?
Emburse Nexonia Expenses is an automated timesheet, expense management, and corporate travel solution that gives busy financial leaders the tools to get T&E spending under control. Specialize in unbeatable integrations everything from accounting/ERP systems, major payroll systems, corporate and personal credit card feeds.
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Toronto, Canada
Live Since 2002
84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Zaggle Save and how does it work?
Zaggle Save is an all-in-one business spend management platform for automating business operations. Capture expense data from employees and approve them. Gain visibility in spending by syncing to your accounting software. Receive Reminders for approvals. Small, Medium and Large companies make use of the software.
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Write a ReviewMumbai, India
85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Selenity Expenses and how does it work?
Selenity Expenses provides fast, innovative, and configurable cloud technologies that reduce costs, increase efficiency, and ensure compliance to HR, finance, procurement, and legal departments. The intuitive interface makes expense management quick and simple. Enforce policy limits, reduce bottlenecks, and eliminate lost receipts. Spend is accurate and auditable for finance teams and Expenses Mobile allows you to access, anywhere, anytime, from any device.
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Write a ReviewLincoln, United kingdom
Live Since 1989
82% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Replicon Expense and how does it work?
Replicon is a software company that offers expense management solution to enterprises of all sizes. It automates implementation of policies and allows managers and employees to efficiently track their expenses. You can create expense code and manage them as per your client’s need along with managing accordingly with exchange rates across different regions. Besides tracking expenses, you can also approve them in real-time and can compare that with your budget. Replicon Expense also offers a clean and simple dashboard that displays expenses with respect to different projects, clients, time, code, etc. It offers real-time addition of expense receipts/bills by employees and also notifies the project managers for pending approvals. There is no need to accumulate piles of receipts every month, you can capture a picture and store it for any future reference. Additionally, the receipts can also be scanned and the app will extract all information by itself. You can also deploy tax formulas that calculate tax amounts automatically. Thereafter you get seamless integration, using which, one can share data with invoicing without switching between multiple apps.
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Write a ReviewRedwood City, California
85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Concur Expense and how does it work?
Concur Expense is a cloud-based travel and expense management software that allows users to maintain travel expenses by featuring travel processes from booking to approval to payment. This tool enables small and medium-sized businesses to track employee expenses and to review and approve invoices promptly. SAP concur software is a very useful tool that integrates all the users' expenses, travel, and vendor invoices pending in one system. It offers a single way to maintain pending from end to end transactions, acquire great visibility into transactions, enhances compliance, and simplify the process. Concur comprises an intelligence feature that allows employees to create customized dashboards offering an overview of multiple reports that allows finance managers to keep track of it. Moreover, the software automates data capture from receipt images and submits expense records for approvals. Concur software unlocks the robust sides, helps businesses reduce complications, and offers a clear view of invoices. It automates the accounts payable process by using predefined reports and templates. Make customize workflows and automate vendor business payments easily with Concur pricing strategy of $9 per report average price.
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Bellevue, Washington
The Average Cost of a basic Expense Management Software plan is $9 per month.
40% of Expense Management Software offer a Free Trial , while 19% offer a Freemium Model .
| PRODUCT NAME | SW SCORE | AGGREGATED RATINGS |
|---|---|---|
Expeni
|
75 | 4.8 |
ClientAccessWeb
|
70 | 0 |
Fyle
|
93 | 4.7 |
Spendesk
|
96 | 4.7 |
CloudBooks
|
86 | 4.4 |
MileIQ
|
84 | 4.4 |
Datamolino
|
75 | 4.9 |
Emburse Captio
|
85 | 4.7 |
keepek
|
81 | 4.7 |
Receipt Cat
|
78 | 3.8 |
In a world filled with smart devices all around us, maintaining a register to manage the expenses of your employees will be no less than antediluvian. Expense management software brings you the most advanced and efficient way to manage expenses of the organization with a high degree of automation. An expense management software incorporates every bit of modern technology available with us. The automation process of creating entries by scanning paper receipts being crucial. Most of them also allow you to track time and mileage along with the expenses. With proper integration of your accounting software and credit cards, everything can be catered on a single platform. The entries are used to generate reports, and the software itself sorts out expenses which are not in compliance with the company’s policies. This helps the approval team to approve the reimbursement requests much quicker. Finally, some of the expense management tools also offer tax claim solution to maximize the tax benefits for your organization.
Expense management software is highly useful in tracking expenses of employees in real-time and helping out the organization to obliterate extravagant costs. They offer one of the most straightforward and easy ways to add entries into the software database, which is used to prepare reports and compare them with the budget. But management doesn’t go easy. The type of software that you are looking for depends on the needs of your organization.
Said that there are also a few things that mustn't be missed out while choosing the tool of your choice.
Typical Features
Automatically tracks the expense done using a linked debit or credit card.
A sequential and thorough review process to approve expenses.
A statement prepared to report total outstanding payments and receipts.
Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
Can sync with bank notification and fetch expenses to make entries in the record book.
OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
Store and manage receipts of the expenses incurred by the employees.
Reports entries from different origin currencies in the native exchange rate.
To reduce spending and prevent unauthorized use by setting transactional control.
Helps in managing employee expenses claims and regularize the approval process.
Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.
Offers synchronization with third-party applications
Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports
Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
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