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Expensify vs Zoho Expense
June 04, 2023 | Author: Michael Stromann
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Simplified expense reporting your employees will love. Streamline the way your employees report expenses, the way expenses are approved, and the way you export that information to your accounting package.
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Expense reporting doesn't have to be painful. Zoho Expense is a perk for employees, managers, and finance teams. Automate travel and business expense reporting, streamline approvals, gain spend visibility and control.
Expensify and Zoho Expense are both popular expense management software solutions, but they differ in their features, pricing, and target markets.
Expensify offers a user-friendly platform for managing expense reports, receipt tracking, and reimbursement processes. It provides features such as receipt scanning, expense categorization, mileage tracking, and integrations with accounting software. Expensify focuses on streamlining the expense reporting process and automating tasks to save time and improve accuracy. It caters to businesses of all sizes, from small businesses to large enterprises.
Zoho Expense, on the other hand, is part of the Zoho suite of business software and offers a comprehensive expense management solution. It provides features for capturing receipts, creating expense reports, automating approvals, and tracking expenses against budgets. Zoho Expense integrates seamlessly with other Zoho applications, such as Zoho CRM and Zoho Books, providing a unified platform for managing various aspects of business operations. Zoho Expense targets small and medium-sized businesses seeking an integrated suite of business tools.
See also: Top 10 Expense Management software
Expensify offers a user-friendly platform for managing expense reports, receipt tracking, and reimbursement processes. It provides features such as receipt scanning, expense categorization, mileage tracking, and integrations with accounting software. Expensify focuses on streamlining the expense reporting process and automating tasks to save time and improve accuracy. It caters to businesses of all sizes, from small businesses to large enterprises.
Zoho Expense, on the other hand, is part of the Zoho suite of business software and offers a comprehensive expense management solution. It provides features for capturing receipts, creating expense reports, automating approvals, and tracking expenses against budgets. Zoho Expense integrates seamlessly with other Zoho applications, such as Zoho CRM and Zoho Books, providing a unified platform for managing various aspects of business operations. Zoho Expense targets small and medium-sized businesses seeking an integrated suite of business tools.
See also: Top 10 Expense Management software
Expensify vs Zoho Expense in our news:
2021. Zoho Expense gets new interface, Trips and Expense Audit modules
Zoho has recently unveiled the all-new version of Zoho Expense, an advanced software solution for corporate travel and expense management. The latest update brings a refreshed user interface, accompanied by role-based access control. Users now have the ability to customize the application based on their specific roles, be it admin, submitter, or approver. This feature enables a clear distinction of responsibilities, ensuring that users only have access to relevant modules. The enhanced Trips module centralizes all aspects of business travel, simplifying tasks such as itinerary planning, document accessibility, and flight and hotel bookings. Additionally, the Expense Audit module equips travel and finance teams with the necessary functionalities to enforce policies and maintain compliance standards. With these new enhancements, Zoho Expense aims to provide a comprehensive and tailored solution for efficient corporate travel and expense management.
2019. Expense management software Zoho Expense integrated with Xero
Zoho Expense simplifies the process of expense reporting through its user-friendly automation features, including receipt auto-scanning, automatic report generation, and customizable approval workflows. However, once the expense management app completes its tasks, the finance team of an organization still needs to account for those expenses. To assist in this aspect, Zoho Expense has collaborated with Xero. Through this integration, expense reporting becomes effortless. Users can effortlessly create expense reports, monitor their status through timely notifications, and gain insights through analytical reports within Zoho Expense. Additionally, apart from reporting expenses, users can establish budgets to effectively manage their cash outflow. By uploading expense receipts or sending them to the receipt inbox in Zoho Expense, the system automatically converts them into expenses. Furthermore, users can configure the automatic generation of reports and seamlessly export them to Xero.
2017. Zoho Expense gets Windows app
Zoho Expense has expanded its capabilities by introducing compatibility with Windows 10 Desktop. This means that users can now conveniently access the expense reporting software directly from their Windows desktop environment. Zoho Expense for Windows 10 desktop offers a range of impressive features, including a comprehensive dashboard, automated scanning of expense receipts, support for multiple currencies, tracking mileage expenses, managing travel allowances (per diems), itemized expense tracking, monitoring advances received, and customized approvals.
2015. Expensify added new travel site integrations
Expense management service Expensify is taking a further step in simplifying expense reports by announcing integrations with various travel-related services. Instead of forwarding travel receipts to receipts@expensify.com, users now have the option to book their trips through the partner service of their preference. The booking information will automatically be transmitted to Expensify for reporting purposes. This feature not only saves users the hassle of manually compiling expense reports for business trips but also addresses the issue of "leakage," where an increasing number of individuals are booking their travel outside of standard corporate systems. Expensify's initial travel partners include NuTravel, Egencia, Locomote, NexTravel, Uber, Priceline, Hipmunk, and Rocket Trip. The company also plans to incorporate GetThere, Amadeus, Atlas Travel, and Airbnb in the future.
2015. Zoho launched expense tracking app Zoho Expense
Zoho has introduced its latest application, Zoho Expense, designed to streamline and automate the process of expense reporting. This innovative tool eliminates the need for manual data entry, accelerates report approvals, and seamlessly integrates with other business applications, promoting enhanced productivity across various business functions. Zoho Expense boasts a range of features, including the ability to convert receipts into data through automated scanning, syncing credit card statements with a simple click, and ensuring zero data entry during expense creation. Approving expense reports becomes effortless with one-click approvals and rejections. Managers can conveniently access and review expense report details in a centralized location, facilitating direct communication and collaboration within Zoho Expense, eliminating the need for lengthy email threads and phone calls. Moreover, Zoho Expense is seamlessly integrated with Zoho Books and Zoho CRM. The service offers a monthly plan priced at $15 for up to 10 users per month, while mobile apps are available for free on iOS, Android, and Windows platforms.
2014. Expense management service Expensify targets Concur customers
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