Expense Report Software
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DealerCenter
DealerCenter streamlines accounting tasks for automotive businesses, offering intuitive features for efficient financial management. While it may require initial familiarization, its tailored solutions prove invaluable for automotive professionals. DealerCenter stands as a reliable partner in navigating complex financial processes, ensuring seamless operations.
Workday Enterprise Resource Planning (ERP) Tool
Workday ERP software offers comprehensive solutions for enterprise resource planning, taking things a step ahead with its enterprise management cloud. While navigating it may be challenging at times, its scalability and real-time insights make it a useful asset for businesses aiming for efficiency and growth.
Odoo
Odoo transforms business operations through a powerful open-source suite of integrated applications. Its scalability, and user-friendly interface offers a comprehensive set of features for businesses of all sizes and industries. Initial implementation of the software can be challenging but overall, it is a good choice for business evolution.
Wave Accounting Platform
Wave accounting platform software offers a seamless solution for managing finances with its intuitive design and practical aspects. Useful features such as professional invoicing, mobile receipts and payroll make it worth the learning curve. It is a good choice overall, to simplify accounting tasks and drive success.
Jedox
Jedox enhances planning, analysis, reporting, and value-creation processes providing a unified platform for multiple business units, enabling collaboration and shared insights across departments. Appreciated for its intuitive interface, Jedox offers flexibility to cater to organizations of all sizes and budgets globally.
althr
Abacus is a modern cloud-based Travel & Expense reporting software for individuals and SME businesses to track and manage their expenses, book travels and pay back employees. Abacus simplifies and streamlines the process of expense reporting workflows that offer utmost transparency and accuracy. All the expenses as they happen are submitted by the employees via a mobile app. Policy compliance is enforced by custom automation on all expenses which are then routed to designated approvers.
Key functions include corporate card dashboard, accrual accounting sync, dynamic analytics and reporting, travel booking platform, and direct deposit reimbursements using a built-in ACH processor. The Insights dashboard presents spending trends and allows finance teams to track metrics like ROI and Customer Acquisition Cost.
Live reporting feature enables finance teams to review expenses as they happen, by each project, department, employee, client, location and other fields. Abacus syncs with accounting solutions like NetSuite and Intacct, and integrates with productivity tools like Slack, Salesforce, and HR systems.
Pricing: The starter pack comes for $9/user/month while the pricing for professional packages are provided by the vendor upon quote.
USP: Unlimited features for a hands-on T&E management experience. Easy reporting, quick reimbursement. 100% transparency.
Support: Support is provided via email.
Product Advantages: Great value for money. Highly intuitive. Helpful support staff.
Product Limitations: Slight learning curve. No tutorial or educational videos to teach staff about how the system works.
DENALI Business
Denali Business, a Cougar Mountain product, is an accounting software geared towards small to midsize businesses. The solution has the ability to customize 10 integrated modules. The primary goal of this software is to scale the business needs while maintaining a consistent audit trail. The system offers both, on-site and cloud-based deployments. Denali is equipped to help users effectively monitor and control the flow of business assets.
Key functions include multi-location inventory management, reporting, auditing, data analysis, and regulatory updates. For charities and other non-profit organizations, it has a Denali Fund app that offers grant, donation, event, and overhead accounting making the management of both restricted and unrestricted fund accounts easier, while ensuring all transactions are fraud-free. More features include individual user rights, internal controls, audit trails, customizable reports, rental equipment tracking, and GAAP and FASB compliance. Business intelligence provides dashboards, predictive analytics, and pulse alerts.
Functionalities to deal with multiple invoices, clients' information, and collection status are also offered. Several add-ons features are available including a payroll system, purchase orders, bank reconciliation, and mobile accounting.
Pricing: Pricing is based on a one-time payment model. Three different packages are offered: Denali Basecamp ($1999/user), Denali Ascent ($2999/user), and Denali Summit ($4999/use). A free trial is also offered.
USP: The most efficient tool to organize and manage finances with complete transparency. Scalability to add more modules, services, and add-ons to meet the growing needs of a business.
Support: Support is available via phone and email.
Product Advantages: Robust and reliable product. Great value for money. Top-of-the-line support.
Product Limitations: Cumbersome and dated interface. Inconsistencies in accounting payrolls.
Coupa Expenses
Coupa Expenses is a cloud-based e-procurement and expense reporting and management solution that helps businesses reduce spend leakage, enhance accuracy and transparency, and automate approvals to maximize productivity and profitability. The software helps users solve complex payment and expense management issues by providing them with a globally valid unified expense solution with all the capabilities required to provide spend transparency, ensure global compliance standards are met, reduce overall business spending and satisfy employees.
A vast list of robust features and capabilities are offered to enable users to keep tabs of spending, suppliers, budgeting, contracts, and catalogs as well as offer them actionable intelligence through dashboards, spending reports, and analysis to control spending. Coupa streamlines spending documentation offering intelligent audit scoring reviews to prevent any risk of fraudulent activity.
The T&E management software allows Finance teams to be more agile, providing a simple yet powerful entirely cloud-based administrative experience. Integration with Google maps is also offered. The e-Procurement offers an easily configurable procure-to-pay process as well as enables employees to take cost-saving initiatives. Real-time Benchmarking lets users instantly quantify savings generated and benchmark that performance against eighteen market-specific indicators.
Pricing: The pricing model is quote-based.
USP: Intelligent and user-friendly mobile experience for efficient T&E management. Its unique iRequest function produces searches for and automatically adds the best-priced item to requisition.
Support: Support is provided via email, tickets, and phone.
Product Advantages: Visible and clear audit trails. Invoicing is compliant with international policies. Simple and intuitive internet crowdsourcing.
Product Limitations: Has trouble scanning foreign language receipts. It does not allow to create new requisitions on the mobile app. Sourcing is cumbersome and slow.
Xero Accounting Solution
Xero is a web-based accounting solution offering robust and complex accounting tools to small and medium-sized businesses in all industry verticals. Xero provides them with a direct gateway to connect with their banks, accounting tools, their accountant, payment services, trusted advisors and integration with +700 third-party apps through secure, readily available channels at all times via any device. The software currently caters to 1,000,000 users and over 16,000 accounting firms.
The software's accounting and bookkeeping functionalities provide users with efficient compliance tools, a practice management solution, and a cloud-based unified accounting ledger for every client, in one place. The solution now also comes with a project management feature, which wasn’t previously included. With Xero's robust accounting features, small businesses can view their cash flows, transactions, and account details from any location. Online payments allow users to track and manage expenses as well as improve relationships with critical business material suppliers. There are also features that automatically import and code all business transactions accurately.
Pricing: Four pricing packages are offered: Starter ($9/month), Standard ($30/month), and Premium 10 ($70/month). A 30-day free trial is also offered.
USP: Offers all the right tools to manage money in and out of your budgets in a way that will coincide with your business goals and long-term missions. You can also manage personal expenses with the mobile review.
Support: Support is extended via email, phone, live support, and tickets.
Product Advantages: Xero is easy to use and user-friendly, and accumulates highly ranked features that help close crucial accounting gaps. A handy tool for financial management. Easy to set up, no maintenance or hardware costs.
Product Limitations: Importing and exporting data is not very easy. The Payroll module could use improvements.
ClearView InFocus ERP
Clearview InFocus is a project-based ERP solution built for architects and engineering firms to manage their project lifecycle from the opportunity to project completion with tools for real-time accounting, billing and time and expense. Geared towards mid-to-large Architecture and Engineering firms, InFocus offers a success-oriented all-in-one product for one industry so AE firms have access to tailored support and innovation to win more business.
The software offers a variety of innovative and robust features including customizable report-building and invoicing capabilities, marketing, and sales customer relationship management tools, interactive Gantt control, tools for automating workflows, multiple levels for work breakdown structure, business intelligence with analytics dashboards and more. These features combined with InFocus's API management layer and cross-database analytics, integrated in real-time, give Clearview a competitive edge over any other ERP solution in the market. Both cloud-based and on-premise deployments are available.
Pricing: Pricing packages are license-based. For the cloud-based version, it costs $29/month and for the annual package, $24/month. For the in-house version, there is a one-time license fee of $495.
USP: All-rounded ERP systems with high customizability and scalability in attractive low prices make InFocus an ultimate choice for growing AE firms.
Support: Support is available via phone, email, online tutorials, and self-guided courses.
Product Advantages: It's easy to navigate. Intuitive interface. Great support. Customization in data presentations, security, permissions, and reports.
Product Limitations: Requests take approximately 4 times longer to process than when we tested it as a local SQL installation. No integration support with external payroll software.
Concur
SAP Concur is among the largest global providers of integrated expense and travel management solution that also provides invoice services to finance executives with an aim to simplify and automate these daily computations. It enables executives to monitor expenses and cash flows related to travel expenditures. The app integrates almost real-time data with AI audited transactions that provide businesses complete transparency over what is being spent on which projects without any blind spots or undocumented expenses.
The software’s Travel and Expenses application offers features to customize trip planning processes allowing managers control over which requested adjustments. to approve or decline. The module offers a wide inventory of global travel distribution systems, including negotiated prices and web-only fares. automated alerts with the finance team are also offered as well as reports and dashboards.
The Invoicing module offers automated accounts payable processes by utilizing templates and predefined reports. It also offers a self-service portal for suppliers customized workflows and automated vendor payments with ACH, checks, and credit cards. Concur’s Intelligence feature enables employees to create customized dashboards, providing a summary of multiple reports that enable finance managers to track travel expenses.
Support for iOS, Android, Blackberry, and Windows phones is offered with a full feature suite available.
Pricing: The software offers the Basic version for small businesses for $8/month, while pricing details for other packages are provided upon quote.
USP: SAP Concur is the most widely use T&E management solution worldwide for its seamless tracking and scalability to serve small businesses to large business conglomerates effortlessly.
Support: Support can be accessed via phone and FAQ.
Product Advantages: Feature to automate data collection from receipt images is a huge benefit. Broad inventory choice of global travel suppliers including negotiated rates.
Product Limitations: Receipt management is not intuitive and well organized. T&E interface is dated. The recent updates have made the software harder to use.
Financial Edge
Financial Edge NXT, a Blackbaud product, is a cloud-based accounting solution geared towards non-profit and governmental organizations to help them effectively manage, automate and monitor several organizational projects and teams at the same time. These could be relating to compliance, financial stewardship, security, or follow-throughs; Financial Edge provides users with a robust platform to perform fund accounting with a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more tools offered within a single mainframe.
Financial Edge enables its users to manage transactions, eliminate manual processes, and securely share information in an instant by providing them with personalized dashboards and customizable views. This way users can closely monitor income statements, program-to-expense ratios, cash balances, and other key metrics. Other innovative offerings include one-click drill-down functionality in real-time reporting, and export capability, and ongoing data-driven decision making.
Pricing: Not provided by the vendor.
USP: Advanced tools to eliminate manual processing of things with enhanced accuracy of data entries. Offers project accounting with streamlined budget management.
Support: Support can be reached via phone and email.
Product Advantages: The software is highly flexible. It provides an effective way to monitor accounts and generate reports.
Product Limitations: Highly overpriced for SME businesses. There is a steep learning curve because of the complexity of the offered functions.
TimeSolv
TimeSolv is a cloud-based time tracking and billing solution that caters to accountants, consultants, architects, lawyers, and freelancers, helping them manage daily business operations. Users can keep track of all their expenses and increase their revenues by ensuring that every billable minute is input into the system and get paid more quickly. The solution runs smoothly both offline and online. Compatibility with PCs and Macs, iPad and other tablets, iPhones, and Android apps is provided.
The project management module comes with billing functionality that combined with time tracking and auto task-assigning, enables users to track billable hours and budget in real-time. TimeSolv offers a customizable platform for streamlining the financial workflow for seamless and fast payment processes integrated with current and legacy systems. With case management, users can organize and store data as well as utilize auto-filling standard formatted documents with document automation.
The solution offers integration with various third-party software for smooth data transfers. The application’s integration with various credit card payment processing services provides clients with a portal where they can make payments, review transaction history, replenish trust funds, and more. Two-way integration with Quickbooks, Xero, Dropbox, and NetDocuments.
Pricing: Pricing is offered on a monthly subscription basis. There are two pricing plans, Legal ($34.95/user/month) and Pro ($19.95/user/month). A free trial is also available.
USP: With the capability to accurately track time, users can gain critical insights when bidding and making budgets for new projects. TimeSolv also provides better clarity to ongoing projects as it enables users to readily itemize their transactions by task, frequency, client, etc.
Support: Support is extended via phone and email.
Product Advantages: The freedom to access it anytime, anywhere with or without internet availability. Fairly intuitive and easy to learn. Great customer support. Regular painless updates.
Product Limitations: Steep learning curve but that is because of the complex functions of the system. No online reporting functionality.
Expensify
Expensify is a cloud-based business accounting system designed to help users manage spends, transactions, and related financial matters using real-time data processing. The platform offers user-friendly tools to maintain business-wide transparency, track expenses and different ratios such as debt-to-income ratios by keeping summaries of multiple accounts and date calendars. Expensify offers easy currency conversions for international traveling and purchases receipt photos or copies for accurate records to prevent any crisis or undesirable situation.
Users can track travel expenses by calculating the amount of time spent by a user on a particular project or by calculating the miles that personnel has traveled. It helps users to automate the entire expense calculation process in order to save time and physical resources as well as minimize any errors.
Integration with Quickbooks, Xero, NetSuite, Sage Intacct, and Dynamics, etc. is facilitated. Complete support for all Android and iOS powered smartphones and tablets is offered.
Pricing: Two pricing packages are offered, Team for $5/user, Corporate for $9/active user, and Enterprise, the pricing for which is provided by quote.
USP: The solution offers powerful tools to track your travel expenses based on the miles traveled or the amount of time spent on a particular project.
Support: Support is provided via phone and email.
Product Advantages: Easy implementation. User-friendly UI. Great affordable pricing. Image scanning extracts the relevant information.
Product Limitations: Integration is not very smooth, a lot of key things missing. Customer support is scarce. Processing large reports is slow and causes the system to crash or freeze at times.
Zoho Expense Reporting Solution
Zoho Expense is a cloud-based expense reporting solution designed for businesses of all sizes to help them automate, approve and monitor expense reporting processes. It provides employees, managers, and finance agents with interactive and comprehensive dashboards with insights on submitted/pending claims, amounts to be reimbursed transactions summary, and unreported information.
Key offerings include automated expense recording, on-the-go expenses, connect credit cards, streamline approvals, analytics, simplified approvals, auto-scan receipts, multi-currency expenses, credit card import, multi-stage workflow integration with Zoho CRM and Zoho Books. Zoho Expense offers custom approval functionality that enables users to customize approval flows for multiple, as well as non-linear levels. The solution not only records expenses on the go but also submits complete reports on smartphones as it does on traditional devices.
The platform integrates with various third-party applications such as QuickBooks, G Suite, office 365, Slack, Google Drive, Box, and Dropbox.
Pricing: The software offers a free plan and a paid plan which is subscription-based and costs $15/month for one organization.
USP: The solution offers the utmost accuracy and transparency across all expense management tasks. Full integration with all Zoho native apps and a wide range of third-party tools and services for an enhanced working experience.
Support: Support can be reached via phone, email, documentation, and an online helpdesk.
Product Advantages: Ability to access multiple apps fully integrated with the system. Great features for amazingly low costs. Responsive customer support and ease of use.
Product Limitations: Not the most intuitive when it comes to navigation.
CloudEagle
DescriptionCloudEagle helps Finance, Procurement, and IT teams get visibility into their software spend, save on SaaS spend, and streamline their buying and renewal processes.Essentially, they are taking away the painful tasks of managing software vendors and optimizing costs so companies can focus on growing their businesses.Their platform gives you actionable insights to negotiate with your SaaS vendors so you can maximise your software ROI and all the tools to manage your SaaS stack efficiently.They call it the three S’s to saving - See, Save, StreamlineTheir customers save up to 30% on their software spend and hundreds of hours buying and renewing software.They have transacted $500M in transactions through their platform and recorded $50M+ in savings.They offer a savings guarantee; in the rare case that they are not able to save on customers' software spend, they refund their fees back to customers.
Collexo
Collexo brings together everything that your organization needs to make your fee collection process easier, faster, and secure.Collect any type of fee (one time, partial, or a recurring payment) in seconds, anytime, anywhere - through all student touchpoints and channels, be it from your website, via payment links, or directly via your existing ERP. It offers all methods of payment at one place - from Online, Cheque/DD, to Offline Cash Payment and instant Financing. Collexo empowers you with a robust reporting engine with run time settlement reports, finance dashboards, payment workflows, communications, late fee, and more. The inbuilt communication suite allows you to automate your reminder communications and send real time emails/SMS/WhatsApp to your students.No more struggling with multiple payment gateways, manual reconciliation, cumbersome taxation and suspense entry identification. With Collexo, transform the way you Collect, Manage, and Track all your fee payments.
Field Complete
Field Complete is a free app for contractors to run their business; create estimates, manage schedules, and collect payments all in one place. You can run jobs with homeowners and property managers in one place. The billing system allows for on-site charging or billing at a later date. Best of all you can sub-contract portions of your work orders and maintain the same level of visibility into the jobs! Software Support Cloud based + mobile app (ios, android)
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