10+ Best Expense Management Softwares 2021

Staying on a budget is key, whether it’s at work or in your personal life. For businesses and organizations, monitoring expenses should be a priority. However, staying on top of it is easier said than done. That is why Expense Management software was developed to help people keep track of where their expenses are going. An Expense Management software is an app that businesses and organizations use to organize company employee expenses. Plus, it enables them to properly manage all reimbursements and expense reports.

Benefits:

  1. Enhances efficiency by automating workflows
  2. Accelerates the processing time and cuts the use of paper
  3. Promotes strict compliance with expense policy
With our list of the best Expense Management software below, you can choose the right app for your business. We provided a short overview of each platform so that you can have a better understanding of how they can help you along while keeping in mind any downsides. Select the perfect system today.

Comparision

Logo Name Sort Rating Sort CEO Pricing Sort Founded Sort Revenue Sort Employees Sort Location Sort Reviews Sort Customers Sort
Pleo Pleo 9.6 Jeppe Rindom $6.25 2015 $3.5 M
206+
Copenhagen 1400+ Reviews
N/A
Expensify Expensify 9.5 David Barrett $12 2002 $100 M
10,000+
San Francisco 1000+ Reviews
20K +
Zoho Expense Zoho Expense 9.5 Sridhar Vembu $12 2003 $600 M
13,000+
Chennai 1000+ Reviews
N/A
Fyle Fyle 9.2 Yashwanth Madhusudan $4.99 2016 $10.3 M
108+
Bengalore
1250+ Reviews
300 +
Divvy Divvy 9.1 Blake Murray N/A 2016 $30 M
250+
Lehi 1500+ Reviews
3K +
Spendesk Spendesk 8.9 Rodolphe Ardant $111.33 2016 $5 M
214+
Paris 1500+ Reviews
1.5K +
Harvest Harvest 8.9 Steve White N/A 2006 $25.9 M
40+
New York 1200+ Reviews
40K +
Rydoo Rydoo 8.8 Sebastien Marchon $6 1966
$8 M
300+
Mechelen
2300+ Reviews
N/A
Emburse Emburse 8.8 Eric $50 2014 $25.6 M
750+
San Francisco 2000+ Reviews
4.5M +
Happay Happay 8.8 Anshul Rai $1.99 2012 $48.6 M
350+
Bangalore 1450+ Reviews
N/A

Pleo

9.6 User Rating
$6.25 Price
Smart Categorization, Advanced Integrations, Electronic Payments Feature
Overview

Pleo is a straightforward expense management software for all types of businesses. The platform allows users to streamline their processes so that they can cut time on manual labor and paper usage. With Pleo, you can access its direct accounting integrations, real-time monitoring of expenditures, automatic expense categorization, and much more. Take the hassle out of expense management with the Pleo app.

Overall, like every app on this list, Pleo also has its share of buggy software. At times, users might see a few glitches when on the system; other times, you can’t properly sync invoices. Additionally, only admins can see how much has been spent.

Expensify

9.5 User Rating
$12 Price
Receipt Integrations , Mileage Tracking , Receipt tracking Feature
Overview

Expensify is an advanced expense management software. It helps businesses and organizations with managing transactions and other finances providing data and reporting tools in real-time. With the app, it creates summaries of various accounts, promoting transparency in the process. Expensify’s essential features include: Auditor Access, Flexible Travel Integrations, One-Click Online Reimbursement, and so much more.

However, Expensify does come with a few downsides. These are: a lacking report labeling tool, poor at catching duplicate receipts, expense list creation feels unorganized, and their support system needs improvements.

Zoho Expense

9.5 User Rating
$12 Price
Receipt Tracking , Customize your reporting , Quick Approvals
Overview

Zoho Expense is a cloud-based expense management software. It aims to provide businesses of all sizes with tools to monitor expenses, approve budgets, and automate the recording process. With the app’s dashboard, you are given an in-depth summary of transactions, reimbursements, unreported expenses, and submitted claims. Zoho Expense’s key features include Expense Accounting, Corporate Cards Reconciliation, Expense Receipts Scanning, and much more.

Although Zoho Expense is one of the leading platforms, that doesn’t mean that it has no downsides. It is more expensive for small businesses, has limited third-party integrations and billing tools, and has a poor automatic scanning feature.

Fyle

9.2 User Rating
$4.99 Price
Accounting Integration , Electronic Payments , Real Time Data Feature
Overview

Fyle is an expense management software tailored for the needs of small, mid-sized, and large businesses. When using the Fyle app, you can use its advanced feature set, including Audit Management, Mileage Tracking, Receipt Management, Expense Approval Management, and so much more. Manage your expenses in a more straightforward fashion with the help of Fyle.

With Fyle, however, you can experience a few issues, which is common for all software. The app’s notification system needs updating, the customer support doesn’t offer 24/7 support, and search features need to be improved. It also lacks in-app integrations, and only includes a mediocre mobile app.

Divvy

9.1 User Rating
Financial analysis, Secure data storage, Sales analytics Feature
Overview

Divvy is a cloud-based expense management software, and it is an absolutely free-to-use platform. With Divvy, users can automate their expense reporting so that they can properly track their spending and keep them updated in real-time. The app offers robust features, such as Automated Expense Reports, Managing Subscriptions, Constructing In-Depth Budgets, and much more.

Knowing that is a free platform, it does have a few disadvantages compared to paid platforms. Users might experience a delay when replacing cards or waiting for a new one. One might encounter a few issues regarding the speed of the system as it does slow down quite a bit at times. Those issues may be understandable or not, it’s only vital that you know.

Spendesk

8.9 User Rating
$111.33 Price
Customize control, Mobile app, Secure payments Feature
Overview

Spendesk is an expense management software that is hosted on the cloud. The platform serves businesses and organizations of all sizes. It provides tools for users to manage, track, and stay on top of company spending in a much more efficient way. Spendesk uses digital cards and other prepaid credit cards so that your employees can stay within their budget and decrease overspending.

It is common for software apps to have a few disadvantages, and Spendesk is not exempted. The few issues that are associated with Spendesk are: a lackluster mobile app, a lacking credit remaining notification, and you cannot create individual reports on travel expenses.

Harvest

8.9 User Rating
Bank-Level Security, Integrations, Phone & Email Support Feature
Overview

Harvest is a leading web-based expense management platform solutions for businesses of all sizes. The platform offers users advanced tools that can help them with generating reports for budgets and projects, and it updates them in real-time. Due to its web-based quality, one can quickly track expenses and budgets with any device that is connected to the internet.

Upon using the software you might instantly notice its high price point, which can be difficult for some businesses. Additionally, some of its integrations and extensions with other apps are less than robust.

Rydoo

8.8 User Rating
$6 Price
Book business trips, manage expenses digitally, Mileage Tracking Feature
Overview

Rydoo is a simple expense management software that is suitable for company sizes and independent entities. The platform aims to help businesses with automating their expense management process to boost efficiency. Plus, Rydoo enables you to digitize receipts with the mobile app. Other features include Mileage Tracking and Management, Multi-Language Support, Receipt Storage, and so much more.

Although knowing the app’s weaknesses can better help you decide which app is best. That is why we’ll be showing you issues that you might see with Rydoo. These are: a lacking customer support team, an unimpressive approval flow feature, and the system itself need to be better optimized.

Emburse

8.8 User Rating
$50 Price
Accounting, Integrations, Budgeting, Fraud protection Feature
Overview

Emburse is a sophisticated web-based expense management software. It aims to provide users with employee audit and pay processes. With Emburse, take the stress away from expense management as the platform offers services that help users simplify the monitoring and control of all company expenditures. Key features include Split Billing, Mobile Receipt Capture, Accounting Integrations, and much more.

No app is perfect, though. Emburse has its own share of problems that one may encounter when using the app. One example is the app’s UI which is highly disorganized which makes it harder for people to navigate the system. Another is the platform’s website runs slow at times.

Happay

8.8 User Rating
$1.99 Price
Smart Categorization, Ease of Booking, Mileage Tracking Feature
Overview

Happay is one of the best expense management software available in the market. It provides a solution for businesses to better manage and monitor budgets and spending. With its advanced AI, users can automate their management processes, including reimbursement, policy compliance monitoring, claims, and more. Plus, as a cloud-based app, you can access it from anywhere at any time, for added functionality and flexibility.

There is no doubt that Happay is a fantastic software, but that doesn’t mean it’s free from any bugs and flaws. The platform could still improve its interface that will help users to use it properly. When handling bulk transactions, the system could slow down, and at times it will fail to upload PDF files.