Home > Accounting Software > TravelBank > TravelBank vs Patriot Accounting

TravelBank vs Patriot Accounting

Last Updated: November 18th, 2024

Our analysts compared TravelBank vs Patriot Accounting based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features Analyst Ratings Comparison Charts User Ratings Analyst Summary Screenshots

Get Free Demo Demo Request Pricing Pricing

Product Basics

TravelBank is a cloud-based expense and travel solution that helps small and mid-sized businesses control spend, track expenses and book travel. It provides automated expense reports and direct deposit reimbursements while managing flight, accommodation and other travel expenses. It gives users the freedom to either upload expense receipts through a mobile phone camera or enter them manually. Users get multi-currency support and can sync credit cards and bank accounts to expedite reimbursements.

It enables users to book flights at corporate rates and prompts them to use less expensive services. It also calculates savings based on employee purchases. The mobile application is compatible with iOS and Android. It seamlessly integrates with third-party accounting applications like Quickbooks, Bill.com, Xero and NetSuite.

Patriot Accounting is a cloud-based accounting software designed for small businesses and their accountants. It offers a user-friendly interface and comprehensive features for managing finances, including income and expense tracking, invoicing, bill pay, bank reconciliation, and financial reporting. Patriot caters to businesses with basic to moderate accounting needs, making it suitable for freelancers, solopreneurs, and small business owners who lack accounting expertise. Its key strengths lie in its affordability, ease of use, and customer support. Users praise its intuitive interface, clear navigation, and helpful tutorials, making it easy to learn and navigate even for accounting novices. Additionally, Patriot boasts excellent customer support, readily available to assist users with any questions or concerns. Popular features include customizable invoices, automatic bank feeds, inventory management, and payroll integration (with an additional fee). Compared to similar products, Patriot stands out for its emphasis on user-friendliness, affordability, and exceptional customer service. While it may lack some advanced features found in competitor software, its core functionalities and ease of use make it a compelling choice for many small businesses. Pricing starts at $20 per month for the basic plan, offering essential accounting features. The premium plan, at $30 per month, adds unlimited users, advanced features, and payroll integration. Both plans come with a free 30-day trial, allowing users to test the software before committing.

Pros

Easy to use and navigate
Affordable pricing
Excellent customer support
Automatic bank feeds
Inventory management (paid add-on)

Cons

Limited features compared to competitors
No mobile app
Payroll integration requires additional fee
Not ideal for complex accounting needs
Limited customization options

$25/User, Monthly

Free Trial is available →

Get a free price quote

Tailored to your specific needs

$20 Monthly

Free Trial is available →

Get a free price quote

Tailored to your specific needs

Small

Medium

Large

Small

Medium

Large

Windows

Mac

Linux

Android

Chromebook

Windows

Mac

Linux

Android

Chromebook

Cloud

On-Premise

Mobile

Cloud

On-Premise

Mobile

Product Assistance

Documentation

In Person

Live Online

Videos

Webinars

Documentation

In Person

Live Online

Videos

Webinars

Phone

Chat

FAQ

Forum

Knowledge Base

24/7 Live Support

Phone

Chat

FAQ

Forum

Knowledge Base

24/7 Live Support

Product Insights

Quicker Employee Reimbursement: Pay for employees’ out-of-pocket expenditures quicker than manual processes. Give them the freedom to submit a report automatically to concerned persons for approval. Automatically reimburse correct amounts to the payroll. Eliminate the possibility of errors and delays while boosting employee satisfaction.
Minimize Processing Cost And Time: Eliminate costs associated with employees and managers by manually matching amounts or searching for receipts. Save time by automating sending reports for approval, flagging potential out-of-policy expenses and submitting approved reports for payments. Consolidate expense management, corporate travel and card management into one solution. Run accounts payable reports on time instead of waiting for them to be routed and approved.
Boost Operational Efficiency: Bill expenses directly to clients to ensure accuracy to maximize cash flows. Integrate with time tracking, ERP, accounting and project management tools to simplify approvals and reporting. Give employees the time to focus on value-added tasks instead of mundane, error-prone and time-consuming reports.
Ensure Expense Policy Enforcement: Enforce custom rules tailored to the business and ensure that employees are up to date with new expense policies and tax changes. Flag out-of-policy travel expenses and eliminate the possibility of expense fraud like split claims, deviations from the norm or altered receipts.
Increase Compliance: Stay compliant with local, state and federal tax agencies. Categorize and tag expenses automatically based on past entries and credit card statements. Get easily accessible electronic copies of reports and receipts, which can be helpful during audits.
Improve Visibility: Get compiled employee expense data on the dashboard and deliver it in a digestible visual format using charts and graphics. Check metrics to understand spend per employee or the average time it takes to approve expense reports.
Manage Digital Receipts: Automatically capture receipts digitally and parse them to create expense report entries. Digitally manage receipts by dragging and dropping from the desktop or using mobile phones.

Streamlined accounting processes: Patriot Accounting simplifies and automates many accounting tasks, such as invoicing, bill payment, bank reconciliation, and financial reporting. This saves time, reduces errors, and helps you stay on top of your finances effortlessly.
Improved financial visibility: The software provides real-time insights into your business's financial health through clear dashboards and reports. This allows you to track income and expenses, monitor cash flow, analyze profitability, and make informed financial decisions.
Enhanced organization and control: Patriot Accounting helps you organize your financial data, maintain accurate records, and easily access information whenever needed. This promotes better financial management and compliance with tax regulations.
Simplified tax preparation: The software generates tax-ready reports that streamline the tax filing process, saving you time and effort. It also integrates with popular tax software, further simplifying tax preparation.
Accessibility and collaboration: Patriot Accounting's cloud-based platform allows you to access your financial data from anywhere with an internet connection. It also enables collaboration with your accountant or bookkeeper, promoting efficient financial management and timely financial advice.
Enhanced decision-making: The financial insights and reports provided by Patriot Accounting empower you to make data-driven decisions about your business's finances. This can lead to improved profitability, cost savings, and overall financial growth.
Peace of mind and confidence: Knowing that your accounting is organized and accurate can reduce stress and provide peace of mind. You can focus on running your business, confident that your financial data is secure and accessible.
Scalability for growth: Patriot Accounting can grow with your business, accommodating increased transactions and complexity as your business expands. This ensures you have the support you need to manage your finances effectively, even as your operations grow.

Quick Scan: Autocomplete receipts in a matter of seconds. Allow employees to sync credit cards for instant scanning and quicker approvals and reimbursements.
Currency Conversion: Convert 150 currencies to USD automatically for international traveling. Avoid being charged extra fees for currency conversion on credit card statements. Reduce refunds and chargebacks and ensure consistency in pricing displays.
Expense Report: Automate expense reports and boost visibility into business spend with one-click approval. Take a photo of the receipt and let the scanning technology pick up the details and auto import expenses. Sync cards to pull transactions directly into expense reports. Automatically import transactions from over 48000 personal, corporate cards and banks. Edit expense details with a single click. Submit expense reports and automatically generate a PDF copy. Forecast future trends and enhance employee behavior by using historical data. Get real-time insights and improve visibility. Ensure seamless integration with leading third-party applications like QuickBooks and Bill.com to map categories and synchronize expense reports, reimbursements and corporate card data.
Card Management: Automatically sync transaction and card information. Check which transactions have or haven’t been submitted by reconciling credit card information. Gain visibility into every transaction and monitor expense compliance by syncing corporate cards. Manage spend from a single platform by integrating with the bank of preference. Automatically sync transactions and purchasing information into expense management. Eliminate end-of-month headaches by staying on budget with the reconciliation process. Track transactions and compliance in real time within the management dashboard. Get support for and import transactions from over 48,000 personal and corporate cards and banks.
Corporate Travel Management: Empower employees to make better decisions by rewarding them for smart spending. Save on inventory rates by gaining access to negotiated rates otherwise reserved for large corporations. Get 24/7 support from a dedicated team of travel agents via chat, phone, email or Slack. Gain access to over 500,000 hotel properties and home-sharing options. Get alternative lodging options to boost flexibility and savings for travel programs. Get access to a list of curated flight bookings with a special corporate rate for business travel flight bookings. Search and reserve pick ups at the airport from desktop or mobile apps.
Premium Insights: Monitor trends, spend and leakage on a user-friendly, fully customizable dashboard that boosts visibility. Customize and export data to track and report on every metric. Monitor real-time spend and compliance with employee spending against the company policy. Automate alerts and set up trigger reports that send reports to the inbox anytime there is an exception or a threshold is met. Keep a tab on how often employees are booking over or under budget and monitor total savings against the company policy. Improve employee behavior and forecast future trends using historical data. Check top vendors from the company according to the categories. Keep track of the highest spenders and see how employee adoption and compliance with the booking platform changes over time.
Integration: Get support for thousands of corporate and personal cards and boost visibility into every card transaction. Ensure smooth business operation with an app that seamlessly integrates with ERPs, single sign-on, identity management tools, human resource information systems and more.
End-to-End Travel and Expense Management: Improve visibility, expedite tracking, enable budget management, ensure error-proof data entry and clear travel policies. Automate expense management and save time spent on capturing expenses. Gain input from one source of truth and one point of contact. Get easy access to travel and expense tools with single sign-in benefits.

Income and expense tracking: Record and categorize income and expenses to monitor cash flow and profitability.
Invoicing: Create and send professional invoices, track payments, and send reminders to customers.
Bill pay: Pay bills and track expenses easily, ensuring timely payments and organized records.
Bank reconciliation: Match bank transactions with your records to ensure accuracy and prevent discrepancies.
Financial reporting: Generate various reports, including profit and loss statements, balance sheets, cash flow statements, and tax reports.
Customizable chart of accounts: Create a chart of accounts that aligns with your business's unique needs and structure.
Automatic bank feeds: Import bank transactions automatically, saving time and reducing manual data entry.
Inventory management (paid add-on): Track inventory levels, manage stock, and generate purchase orders (available for an additional fee).
Payroll integration (paid add-on): Integrate with Patriot's payroll software to streamline payroll processing and tax filings (available for an additional fee).
User-friendly interface: Navigate the software easily with intuitive menus, clear labels, and helpful tutorials.
Excellent customer support: Access free US-based customer support via phone, email, and live chat.
Cloud-based platform: Access your data from anywhere with an internet connection, ensuring flexibility and security.
Mobile-friendly access: View your account and manage basic tasks from a mobile device.
Secure data storage: Rest assured that your financial data is protected with bank-level security measures.
Free 30-day trial: Try the software for free before committing to a subscription.

Product Ranking

#159

among all
Accounting Software

#369

among all
Accounting Software

Find out who the leaders are

Analyst Rating Summary

we're gathering data

Show More Show More

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

TravelBank

Patriot Accounting

+ Add Product + Add Product

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

89%

11%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

89%

11%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

80%

20%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

31%

69%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

71%

29%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

75%

25%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

23%

77%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

14%

86%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

40%

60%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

20%

80%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

50%

10%

40%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

67%

33%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

100%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

47%

48%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

60%

20%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

33%

67%

we're gathering data

N/A

we're gathering data

N/A

we're gathering data

N/A

67%

33%

User Sentiment Summary

93%

of users recommend this product

TravelBank has a 'excellent' User Satisfaction Rating of 93% when considering 125 user reviews from 1 recognized software review sites.

we're gathering data

4.65 (125)

n/a

Awards

Synopsis of User Ratings and Reviews

Easy Receipt Capture: Users praise TravelBank's ability to effortlessly capture receipts using their phone's camera, eliminating the need for manual entry and saving valuable time.

Automated Expense Reports: The platform's automated expense reporting feature streamlines the process by automatically generating reports based on captured receipts and travel data, reducing manual effort and minimizing errors.

Real-Time Spending Insights: TravelBank provides real-time visibility into spending patterns, allowing users to track expenses as they occur and make informed decisions to stay within budget.

User-friendly interface: Patriot Accounting is known for its intuitive and easy-to-navigate interface, making it suitable for users with varying levels of accounting experience.

Affordable pricing: Patriot Accounting offers competitive pricing plans, making it an attractive option for small businesses and freelancers on a budget.

Strong customer support: Patriot Accounting provides responsive and helpful customer support through multiple channels, including phone, email, and live chat.

Basic accounting features: Patriot Accounting covers essential accounting tasks like invoicing, bill pay, bank reconciliation, and financial reporting.

Integration with popular payment processors: Patriot Accounting integrates with popular payment processors like Stripe and PayPal, streamlining payment collection.

Mobile app availability: Patriot Accounting offers a mobile app for managing finances on the go.

Limited integrations: TravelBank doesn't seamlessly integrate with all accounting systems, which can make reconciling expenses more manual and time-consuming.

Reporting limitations: Some users have expressed frustration with the platform's reporting capabilities, finding them to be somewhat inflexible for their specific accounting needs.

Occasional glitches: Like any software, TravelBank has been known to have occasional glitches or technical issues, which can be disruptive to accounting workflows.

Limited inventory management: Lacks advanced features like barcode scanning, serial number tracking, and purchase order management, making it unsuitable for businesses with complex inventory needs.

No multi-currency support: Only supports transactions in a single currency, which can be limiting for businesses operating internationally.

Limited reporting capabilities: May not provide the level of customization and detail needed by some businesses, especially those with complex reporting requirements.

Scalability limitations: May not be suitable for large businesses with a high volume of transactions or complex accounting needs, as its features and capabilities may not scale effectively.

Integration limitations: Integrates with a limited number of third-party applications, which may restrict users who rely on specific software or require extensive integrations with other business systems.

Is TravelBank the "bank" where savvy businesses "deposit" their travel management needs? Users praise TravelBank's user-friendly design and efficient expense reimbursement process, highlighting its intuitive interface and quick turnaround times for reimbursements. The platform's ability to create and enforce custom travel policies and expense allowances is another major plus, allowing businesses to maintain control over spending while empowering employees to book travel within set parameters. Users also appreciate the 24/7 customer support, which provides peace of mind for traveling employees. However, some users have expressed concerns about the software's pricing and its limited integration with other systems, which can be a drawback for businesses relying on a suite of interconnected tools. TravelBank's focus on streamlined travel management and expense reporting makes it a strong contender in the market. Its differentiating factor lies in its comprehensive approach, combining travel booking, expense tracking, and policy enforcement in a single platform. This integrated approach simplifies travel management for both employees and administrators. While the lack of extensive third-party integrations might be a limitation for some, TravelBank's core strengths make it an ideal choice for businesses seeking a user-friendly and efficient solution for managing travel and expenses, particularly those with frequent business travelers who value a seamless and well-supported experience.

Patriot Accounting carves a niche among accounting software with its user-friendly interface, affordable pricing, and strong customer support. Users with basic accounting needs, like freelancers and small businesses, praise its intuitive design and straightforward features for invoicing, bill pay, and bank reconciliation. The mobile app and integrations with popular payment processors like Stripe further enhance its convenience. However, Patriot Accounting's limitations become apparent as businesses grow or require more complex functionalities. Users often cite its lack of advanced inventory management, multi-currency support, and in-depth reporting as dealbreakers. Compared to competitors like QuickBooks, which offers a wider range of features and integrations, Patriot Accounting might feel restrictive. Businesses with international operations or intricate inventory systems may find themselves needing to upgrade to a more robust solution. Ultimately, Patriot Accounting's suitability hinges on a user's specific needs and priorities. For those seeking a beginner-friendly and budget-conscious accounting solution, it stands out with its ease of use and affordability. However, businesses with more intricate accounting requirements or aspirations for future growth might find themselves needing a software that can scale alongside their ambitions.

Screenshots

Top Alternatives in Accounting Software

Accounting Seed

Acumatica

BQE Core

Dynamics 365 Finance

FreeAgent

Freshbooks

Manager

Odoo Accounting

Oracle Financials Cloud

Patriot Accounting

QuickBooks Online

Sage 50cloud Accounting

Sage Intacct

SAP Business One

SAP S/4 HANA Finance

TallyPrime

Wave Accounting

Workday Financial Management

Xero

ZarMoney

Related Categories

Accounting Practice Management Software

Accounting Software For Architects

Accounting Software For Consultants

Accounts Payable Software

Accounts Receivable Software

Auto Dealer Accounting Software

Automated Billing Software

Bank Accounting Software

Banking Software

Bookkeeping Software

Budgeting And Forecasting Software

Budgeting Software

CPA Software

Ecommerce Accounting Software

Expense Report Software

Farm Accounting Software

Financial Management Systems

Financial Reporting Software

Fund Accounting Software

General Ledger Software

Hotel Accounting Software

Insurance Accounting Software

Invoice Automation Software

Invoicing Software For Small Business

Legal Accounting Software

Media and Newspaper Accounting Software

Nonprofit Accounting Software

Oil And Gas Accounting Software

Project Accounting Software

Property Management Accounting Software

Real Estate Accounting Software

Recurring Billing Software

Restaurant Accounting Software

Retail Accounting Software

Revenue Management Software

School Accounting Software

Subscription Management Software

Time and Billing Software

Treasury Management Software

Trucking Accounting Software

Trust Accounting Software

Ecommerce Accounting Software

Media and Newspaper Accounting Software

Compare other software products using the SelectHub platform

FAQ

How can I do a in-depth comparison of TravelBank and Patriot Accounting? Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

What are the top-rated propducts for Accounting Software? Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Which Accounting Software is rated the highest by users? Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Is there a requirement template for Accounting Software? Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

SelectHub Products Reporting and Analytics

Build Your Requirements

SelectHub Products Cost and Pricing Guide

Get Your Free Comparison Report

Table settings

Expand all details

Expand all scores

Collapsed view

Priority order