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98% 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

Expensify logo
Expense Management Software

4.3 649 user ratings

View Details

95% 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

Ramp logo
Expense Management Software

3.4 171 user ratings

View Details

92% 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

Emburse Spend (formerly Abacus) logo
View Details
Featured

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

MileIQ logo

MileIQ

Expense Management Software

4.2 44 user ratings

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Overview

Description Expensify is a US-based software company that offers expense management software for both individual and group use. The products are available as a web service that can be used with any computer browser and comes in the form of mobile application as well. It carries all essential functionality like allowing employees/user to upload receipts and request reimbursement. All expenses are recorded automatically, which in turn, are used to prepare expense reports based on the projects, types of expenses, etc. One can approve reimbursement directly from the software without any need to use a third-party money transfer application. The app tracks every expense incurred on food, travel, fuel, etc and uses artificial intelligence to extract information such as merchant’s name and date of expense from the uploaded receipt. Moreover, it also allows users to download their respective expense report. Expensify integrates with applications like Xero, Workday, Intacct and a few more. The company also has several partners like Uber, TripActions and Locomote that enable the user to automatically import expenses incurred for taking services from these partner companies. Read more Ramp is a corporate card platform that has been designed to help clients regulate their payments. The software along with the digital card tracks every transaction and notifies the user of the amount left and how it can be saved. Since it is an automated platform, the operations are all streamlined to cut down manual labour required to scale a minimum of thousand employees at a go. Every transaction made with Ramp is accompanied by guaranteed cashback, points and insights that are aimed at maximising savings. Further, the expense policies can be digitised with Ramp so that clients can check their future spending and cut down on the extra expenditure significantly. Ramp further goes on to collect and verify receipts accurately so that the clients can proceed over to hassle-free payments. This is arguably also the most powerful accounting experience and it eliminates the need for account books or Excel sheets to keep a track of multiple entities and custom fields. Read more Emburse Abacus is a budgeting platform that enables you to automate how you repay your employees, reconcile corporate credit cards, and put your expenditure policy into action. It offers real-time data that helps you make more confident judgments while authorizing, spending or reviewing corporate spend, budgets, and return on investment. With Emburse Abacus, you can concentrate your efforts on costs with exceptions to increase your efficiency. Abacus flags costs that are in violation of rules, are nearing budget, include mistakes, or may be fraudulent. To guarantee that records are thorough and accurate, Abacus prepares expenditures using trusted data sources like receipts and card transactions. To avoid infractions, policy guidelines are implemented before costs are reported with Emburse Abacus. The platform enables you to create bespoke reports based on real-time data to aid with trend detection and budget management. Abacus adapts to your organization's changing structure, allowing you to fine-tune the granularity of rules, approval procedures, and data you manage. Additionally, you can set a daily, weekly, or monthly spending limit, as well as limits on when a card can be used. Read more 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. Read more
Pricing Options
  • Free Trial Not Available
  • Starts at $5.00.
  • Free Trial Not Available
  • Starts at $15.0. Offers Free-forever and Custom plan.
  • Free Trial Not Available
  • Starts at $9.0. Offers Custom plan.
  • Free Trial Available
  • Starts at $6.67. Offers Free-forever plan.
SW Score & Breakdown

98% 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

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    100%
  • Reviews
    90%
  • Momentum
    70%
  • Popularity
    95%

95% 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

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    95%
  • Reviews
    82%
  • Momentum
    73%
  • Popularity
    94%

92% 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

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    98%
  • Reviews
    93%
  • Momentum
    63%
  • Popularity
    76%

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

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    81%
  • Reviews
    60%
  • Momentum
    68%
  • Popularity
    89%

Features

Total Features
14 Features
12 Features
13 Features
7 Features
Common Features for All
    Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book.
    Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card.
    Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.
    Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports
    Multi-level Approval A sequential and thorough review process to approve expenses.
    Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate.
    Receipt Management Store and manage receipts of the expenses incurred by the employees.
    Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
    Reconciliation Summary A statement prepared to report total outstanding payments and receipts.
    Reimbursement Management Helps in managing employee expenses claims and regularize the approval process.
    Spend Control To reduce spending and prevent unauthorized use by setting transactional control.
    Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
    Third-party Integration Offers synchronization with third-party applications
    Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
  • + 11 More - Show Less
    • Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book.
      Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card.
      Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.
      Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports
      Multi-level Approval A sequential and thorough review process to approve expenses.
      Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate.
      Receipt Management Store and manage receipts of the expenses incurred by the employees.
      Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
      Reconciliation Summary A statement prepared to report total outstanding payments and receipts.
      Reimbursement Management Helps in managing employee expenses claims and regularize the approval process.
      Spend Control To reduce spending and prevent unauthorized use by setting transactional control.
      Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
      Third-party Integration Offers synchronization with third-party applications
      Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
  • + 9 More - Show Less
    • Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book.
      Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card.
      Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.
      Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports
      Multi-level Approval A sequential and thorough review process to approve expenses.
      Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate.
      Receipt Management Store and manage receipts of the expenses incurred by the employees.
      Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
      Reconciliation Summary A statement prepared to report total outstanding payments and receipts.
      Reimbursement Management Helps in managing employee expenses claims and regularize the approval process.
      Spend Control To reduce spending and prevent unauthorized use by setting transactional control.
      Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
      Third-party Integration Offers synchronization with third-party applications
      Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
  • + 10 More - Show Less
    • Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book.
      Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card.
      Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.
      Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports
      Multi-level Approval A sequential and thorough review process to approve expenses.
      Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate.
      Receipt Management Store and manage receipts of the expenses incurred by the employees.
      Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.
      Reconciliation Summary A statement prepared to report total outstanding payments and receipts.
      Reimbursement Management Helps in managing employee expenses claims and regularize the approval process.
      Spend Control To reduce spending and prevent unauthorized use by setting transactional control.
      Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.
      Third-party Integration Offers synchronization with third-party applications
      Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects
  • + 4 More - Show Less
  • Technical Details

    Organization Types Supported
    • Individuals
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    • Individuals
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    • Individuals
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    • Individuals
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    Modes of Support
    • 24/7 (Live rep)
    • Online
    • 24/7 (Live rep)
    • Online
    • 24/7 (Live rep)
    • Online
    • 24/7 (Live rep)
    • Online
    API Support
    • Available
    • Available
    • Available
    • NA

    Reviews & Ratings

    User Rating
    4.3/5 649 user ratings
    3.4/5 171 user ratings
    Not Available
    4.2/5 44 user ratings
    Rating Distribution
    • Excellent

      80.9%
    • Very Good

      2.3%
    • Average

      0.5%
    • Poor

      0.8%
    • Terrible

      15.6%
    • Excellent

      58.5%
    • Very Good

      0%
    • Average

      1.8%
    • Poor

      1.2%
    • Terrible

      38.6%
    Not Available
    • Excellent

      56.8%
    • Very Good

      25%
    • Average

      6.8%
    • Poor

      4.5%
    • Terrible

      6.8%
    User Sentiments

      Easy to Use Interface, Receipt Scanning Accuracy, Mobile App Functionality, Fast Reimbursements

      Inconsistent Smartscan Feature, Confusing Expense Reporting System, Limited Credit Card Compatibility, Unreliable Mobile App Performance

      Easy to Use Interface, Extensive Integrations, Seamless Receipt Management, Effective Spend Controls

      Fluctuating Credit Limits, Slow Customer Support Response, Lack of Robust Reporting, Limited International Functionality

      Not Available
      Not Available
    Review Summary

    Overall, Expensify garners praise for its user-friendly interface, robust expense tracking capabilities, and seamless integration with various accounting software. Reviewers appreciate its mobile app for its convenience and real-time expense capture. However, some users express concerns regarding occasional glitches and limited customization options. Expensify's customer support receives mixed feedback, with some users commending their responsiveness, while others encounter delays and unsatisfactory resolutions. Overall, Expensify is viewed favorably for its ease of use and expense management features, but it could benefit from enhanced customization and more consistent customer support.

    Overall, Ramp is a popular financial management software praised for its user-friendly interface, efficient expense tracking, and seamless integration with accounting systems. Users appreciate the customizable features, real-time reporting capabilities, and mobile app convenience. Positive feedback highlights its effectiveness in streamlining financial processes and aiding in smart spending decisions. However, some users mention occasional glitches, limited customization options, and a learning curve for certain features. Additionally, there have been concerns regarding customer support responsiveness and pricing transparency.

    Emburse Abacus receives overwhelmingly positive reviews, praised for its user-friendliness and efficiency in managing expenses. Users highlight its ease of use, particularly through the mobile app, and appreciate the real-time reporting and automated reminders for expense tracking. While some users mentioned occasional glitches and a lack of advanced features, the overall sentiment is highly favorable toward Emburse Abacus as a valuable tool for streamlining expense management and saving time.

    User reviews of MileIQ highlight its effectiveness as an automated mileage tracker, particularly for business expenses. Users praise its simplicity, seamless background tracking, and ability to differentiate personal and business miles. However, some users express concerns about the free version's limited trip tracking, occasional GPS inaccuracies, and difficulty manually adding drives. While some find the price reasonable for its benefits, others feel the cost outweighs its shortcomings, particularly in light of similar free products.

      Read All User Reviews Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Not Available
    • Starts at $5.00.
    • Free Trial Not Available
    • Starts at $15.0. Offers Free-forever and Custom plan.
    • Free Trial Not Available
    • Starts at $9.0. Offers Custom plan.
    • Free Trial Available
    • Starts at $6.67. Offers Free-forever plan.
    Pricing Plans
    Monthly Plans Annual Plans

    Collect $5.00 $5.00 per user / month

    Control $9.00 $9.00 per user / month

    Free Free

    Plus $15.00 $15.00 per user / month

    Enterprise Custom

    Starter $9.00 $9.00 per user / month

    Professional Custom

    Enterprise Custom

    Free Free

    Unlimited (For Individuals) $7.50 $8.99 per month

    Teams Lite $6.67 $8.00 per user / month

    Teams $7.50 $9.00 per user / month

    Teams Pro $8.33 $10.00 per user / month

     
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    Screenshots & Videos

    Screenshots Expense screenshot
    + 1 More
    Transactions screenshot
    + 2 More
    New Expense screenshot
    + 3 More
    Automatic Tracking
    + 2 More
    Videos Video Thumbnail Video Thumbnail
    + 2 More
    Video Thumbnail
    + 3 More
    Video Thumbnail
    + 3 More

    Vendor information

    Company Details Located in: San Francisco, California Founded in: 2008 Located in: New York, New York Founded in: 2019 Located in: New York, New York Founded in: 2013 Located in: San Francisco, California Founded in: 2012
    Contact Details

    Not available

    https://www.expensify.com

    Not available

    https://ramp.com/

    Not available

    https://www.abacus.com/

    Not available

    https://mileiq.com/

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