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Expensify and Concur are two famous pieces of expense management software that businesses of all sizes use to make it easier to report expenses. Expensify is a cloud-based software tool that makes tracking and managing business expenses easy and efficient. Concur, on the other hand, is a web-based software tool that makes expense reporting easier by connecting to company credit cards and other financial systems.
Both tools have a number of features that help businesses better handle their expenses, such as capturing receipts, reporting expenses, getting reimbursed, and booking travel. Both tools also have mobile apps that let users keep track of their spending on the go. Overall, both tools are made to help businesses keep track of their expenses, but they work in different ways and have different features.
Expensify vs Concur Comparison Table
Tool | Expensify | Concur |
---|---|---|
Pricing | Free trial, then $4.99/user/month | Contact for pricing |
Mobile app | Yes | Yes |
Integrations | Integrates with many accounting software and credit card providers | Integrates with many ERP and HR systems, and business travel providers |
Receipt scanning | Yes | Yes |
Analytics and reporting | Basic reporting features | Advanced analytics and reporting |
Travel booking | No | Yes |
What is Expensify ?
Expensify is a cloud-based software tool that helps businesses track and handle their expenses in an easy and effective way. It has a number of features that are meant to make the expense reporting process easier for companies. These features include receipt capture, expense reporting, reimbursement, and travel booking. Expensify can be used by businesses of all kinds, and it has a mobile app that makes it easy to track expenses on the go. With its easy-to-use design and automation features, Expensify can save businesses time and money while making the expense reporting process less likely to lead to mistakes or fraud.
What is Concur?
Concur is a travel and expense tracking tool that is stored in the cloud and helps businesses streamline the process of reporting expenses and getting paid back. It has a number of features that help businesses handle travel expenses, such as the ability to book and approve travel plans, report expenses, and set up automatic reimbursements. Concur can be used by businesses of all kinds, and it has a mobile app that makes it easy for employees to send in expenses while they are out and about. With its easy-to-use interface and automation features, Concur can help businesses save time and money, improve compliance, and lower the risk of mistakes and scams in the expense reporting process. You can download this software from its official website
Which is better?
It’s hard to say which tool is better between Expensify and Concur because they both have a variety of features that can help businesses streamline their spending management. But most people think that Concur is better for bigger businesses with more complicated expense management needs.
Expensify, on the other hand, may be better for smaller businesses or individuals who need a simpler solution. Concur has a bigger range of features, such as travel booking and approval, advanced reporting and analytics, and integrations with other business software tools. But it can be more expensive and harder to set up and use than Expensify.
Expensify : The good and The bad
The Good
- Simple and user-friendly interface
- Receipt scanning and expense tracking features
The Bad
- Limited features compared to Concur
Concur: The good and The bad
The Good
- Advanced analytics and reporting features
- Comprehensive customer support options
The Bad
- More expensive than Expensify
FAQS
You’ll never have to worry about losing a receipt again or struggling to fill out expense reports months after a work trip. ExpenseIt is a feature of Concur Mobile. It is an app for scanning receipts that automatically turns pictures of travel expense receipts taken by workers into data.
Expensify connects directly to your accounts, human resources, payroll, and travel integrations, so companies can see and control their business spending in real time. Find out more about how Expensify can help your business handle its spending below, and start using it today.