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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 Everlance and how does it work?
Everlance's automated mileage and expense tracking application. Rated the best tax receipt app. Lose the shoebox of receipts and Digitally store receipts and credit card statements with a single tap. Take the headache and uncertainty out of tax time. Connect your bank and save a percentage of new independent income. Rest easy knowing you saved enough for taxes. Connect your card to Everlance and tell what you do for a living.
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User Sentiment
San Francisco, California
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 Happay and how does it work?
Happay is an all-in-one expense management platform for businesses that empowers users to track all their business expenses at a central location. Users can efficiently track, fund, and manage the expenses of every business vertical online. This can be done via any mobile or desktop device. With a people-centric approach, Happay stands out for its convenience features. These include the smart prepaid card that empowers employees to spend according to company norms and report their expenses digitally. Meanwhile, company administrators can manage every expense online. This leads to a digital office place with much less paperwork and more efficient processes. The expense reporting workflow can be made to be completely paperless through Happay, right from report submission to reconciliation. Other handy features include using channel specific limits for employees, MCC based rules and card deactivation, real-time expense feeds, smart policy checks, multi-tier approvals, and much more.
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Bangalore, India
Live Since 2012
80% 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 Tricount and how does it work?
Tricount is a financial solution facilitating collaborative expense management. It is a perfect and handy tool for vacations and trips with friends as users get to categorise expenses into various activities of their choice besides calculating each party’s balance to ensure an equal distribution of funds. Tricount is a simple and transparent platform that caters to friends, couples, travellers, roommates and such. This intuitive financial solution is laden with a variety of features that deliver a wholesome financial experience to its users in real-time. With key features like collaboration, Tricount lets users join from anywhere, upload expenses and stay updated from time to time. For an enhanced experience, this platform promises adequate support in multiple currencies, enabling users to convert all expenses in their preferred currencies. Moreover, with the ability to upload receipts, Tricount makes expense management super easy. Apart from these, other exclusive features like expense splitting, offline functioning, expense and transfer tracker, along with account export makes expense management effortless and stress-free.
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Write a ReviewBrussels, Belgium
Live Since 2015
Unsure which SaaS tool fits your needs? Let Clara guide you.
SaaSworthy’s own chatbot that helps you find, compare, and choose better in seconds.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 |
|---|---|---|
Everlance
|
88 | 4.5 |
Happay
|
90 | 4.6 |
Tricount
|
80 | 4.7 |
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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