Expensify vs Concur Expense

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Our analysts compared Expensify vs Concur Expense based on data from our 400+ point analysis of Expense Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Expensify Software Tool
Concur Expense Software Tool

Product Basics

Expensify is a sophisticated software solution designed to streamline expense and spend management tasks. It is particularly well-suited for businesses of all sizes, including industries such as finance, consulting, and technology, where managing expenses efficiently is crucial. The platform offers unique benefits like automated receipt scanning, real-time expense reporting, and seamless integration with various accounting software, enhancing productivity and accuracy. Users appreciate its intuitive interface and powerful features like multi-currency support and customizable approval workflows, which simplify complex financial processes. Compared to similar products, Expensify is often praised for its user-friendly design and robust functionality, making it a preferred choice for many organizations. Pricing details can vary based on specific needs, so it's advisable to contact SelectHub for a tailored quote. Overall, Expensify stands out for its ability to reduce administrative burdens and improve financial oversight.

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Concur Expense is a sophisticated software solution designed to streamline expense management processes. It is particularly well-suited for businesses of varying sizes across industries such as finance, healthcare, and technology, where efficient expense tracking is crucial. The platform offers unique benefits like automated expense reporting, integration with travel bookings, and real-time data analytics, enhancing operational efficiency. Users appreciate its intuitive interface and robust features, including receipt capture via mobile devices and policy compliance checks. Compared to similar products, Concur Expense is praised for its comprehensive capabilities and ease of use, though some users note a learning curve. Pricing details are typically customized based on organizational needs, so potential users are encouraged to contact SelectHub for a tailored quote. Overall, Concur Expense stands out for its ability to simplify and automate expense management, making it a valuable tool for businesses aiming to optimize their financial operations.
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$5/User, Monthly, Freemium
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Tailored to your specific needs
$2.45/Transaction, Usage-Based
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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
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Time Savings: Automate the tedious process of expense reporting, allowing employees to focus on more strategic tasks rather than manual data entry.
  • Real-Time Expense Tracking: Gain immediate insights into spending patterns with real-time data, enabling more informed financial decisions.
  • Policy Compliance: Ensure adherence to company policies by automatically flagging expenses that fall outside of predefined guidelines, reducing the risk of non-compliance.
  • Streamlined Approval Process: Expedite the approval workflow with customizable rules, ensuring that expenses are reviewed and approved quickly and efficiently.
  • Integration with Accounting Software: Seamlessly connect with popular accounting platforms like QuickBooks and Xero, reducing the need for manual data transfers and minimizing errors.
  • Enhanced Visibility: Provide managers and finance teams with a clear view of company spending, facilitating better budget management and financial forecasting.
  • Mobile Accessibility: Empower employees to submit expenses on-the-go using mobile devices, increasing convenience and reducing delays in reporting.
  • Receipt Management: Simplify receipt handling by allowing users to capture and store digital copies, eliminating the need for physical storage and reducing clutter.
  • Fraud Prevention: Detect and prevent fraudulent activities with automated checks and balances, safeguarding company resources.
  • Global Support: Accommodate international teams with multi-currency and multi-language support, ensuring a consistent experience across global operations.
  • Customizable Reporting: Generate tailored reports to meet specific business needs, providing valuable insights into expense trends and areas for cost optimization.
  • Employee Satisfaction: Improve the employee experience by simplifying the expense reporting process, reducing frustration and increasing compliance.
  • Cost Control: Monitor and manage spending more effectively, identifying opportunities for cost savings and ensuring financial discipline.
  • Scalability: Adapt to the growing needs of your business with a solution that scales seamlessly, accommodating increased transaction volumes and user numbers.
  • Environmental Impact: Reduce paper usage and contribute to sustainability efforts by digitizing expense management processes.
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  • Streamlined Approval Process: Concur Expense automates the approval workflow, reducing the time managers spend on reviewing and approving expenses. This ensures faster reimbursement and less administrative burden.
  • Enhanced Compliance: The software enforces company policies by flagging non-compliant expenses, helping organizations maintain adherence to internal guidelines and external regulations.
  • Real-Time Expense Tracking: Employees can capture and submit expenses on-the-go using mobile devices, providing managers with up-to-date visibility into spending patterns.
  • Reduced Errors: Automated data entry and receipt capture minimize human errors, ensuring accurate expense reporting and reducing the risk of financial discrepancies.
  • Improved Financial Insights: Concur Expense provides detailed analytics and reporting tools, enabling finance teams to identify spending trends and make informed budgeting decisions.
  • Time Savings: By automating routine tasks such as receipt matching and expense categorization, employees and finance teams save significant time, allowing them to focus on more strategic activities.
  • Global Accessibility: The platform supports multiple currencies and languages, making it suitable for multinational organizations and facilitating seamless expense management across borders.
  • Integration Capabilities: Concur Expense integrates with various ERP and accounting systems, ensuring a smooth flow of financial data and reducing the need for manual data transfers.
  • Enhanced Employee Experience: The intuitive interface and mobile app make it easy for employees to submit expenses, improving user satisfaction and compliance with expense policies.
  • Cost Control: By providing visibility into spending and enforcing policy compliance, Concur Expense helps organizations control costs and prevent unnecessary expenditures.
  • Environmental Impact: Digital receipt capture and electronic submissions reduce paper usage, contributing to an organization's sustainability efforts.
  • Scalability: The solution can grow with the organization, accommodating increasing numbers of users and transactions without compromising performance.
  • Security and Data Protection: Concur Expense employs robust security measures to protect sensitive financial data, ensuring compliance with data protection regulations.
  • Customizable Workflows: Organizations can tailor approval processes and expense categories to fit their unique business needs, enhancing operational efficiency.
  • Vendor Negotiation Leverage: Detailed spending reports provide leverage in negotiations with vendors, potentially leading to better terms and cost savings.
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  • SmartScan Technology: Automatically captures and processes receipt data by simply taking a photo, reducing manual entry.
  • Automatic Expense Categorization: Uses machine learning to categorize expenses based on past behavior and receipt data.
  • Real-Time Expense Reporting: Generates up-to-date reports that reflect current spending, aiding in timely decision-making.
  • Multi-Currency Support: Handles expenses in various currencies, automatically converting them to your home currency using current exchange rates.
  • Corporate Card Reconciliation: Syncs with corporate cards to match transactions with receipts, ensuring accurate reporting.
  • Policy Enforcement: Customizable rules and policies ensure compliance with company expense guidelines, flagging any violations.
  • Integrations with Accounting Software: Seamlessly connects with platforms like QuickBooks, Xero, and NetSuite for streamlined financial management.
  • Custom Approval Workflows: Allows businesses to set up multi-level approval processes tailored to their organizational structure.
  • Mobile App Accessibility: Provides a user-friendly mobile app for on-the-go expense tracking and report submission.
  • Receipt Storage: Offers unlimited digital storage for receipts, ensuring easy access and retrieval when needed.
  • Travel Booking Integration: Integrates with travel platforms to automatically import itineraries and related expenses.
  • Per Diem Management: Supports per diem calculations and allocations, simplifying travel expense management.
  • Customizable Expense Reports: Enables users to tailor reports to specific needs, including custom fields and formats.
  • Advanced Analytics and Insights: Provides detailed analytics to identify spending trends and areas for cost optimization.
  • Role-Based Access Control: Ensures data security by allowing administrators to define user roles and permissions.
  • Audit Trail: Maintains a comprehensive log of all actions taken within the system for transparency and accountability.
  • Offline Mode: Allows users to capture and store expenses without an internet connection, syncing once online.
  • Custom Tags and Categories: Users can create personalized tags and categories for more granular expense tracking.
  • Direct Deposit Reimbursement: Facilitates quick reimbursement to employees through direct deposit, reducing processing time.
  • Multi-Platform Support: Accessible via web, iOS, and Android, ensuring compatibility with various devices and operating systems.
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  • Automated Expense Capture: Automatically imports and categorizes expenses from credit card transactions and receipts, reducing manual entry.
  • Mobile App Integration: Allows users to capture receipts and manage expenses on-the-go using a smartphone app, ensuring timely submissions.
  • Policy Compliance Checks: Built-in compliance rules flag policy violations, helping organizations enforce spending policies effectively.
  • Multi-Currency Support: Handles expenses in multiple currencies, automatically converting them based on current exchange rates for accurate reporting.
  • Customizable Approval Workflows: Enables organizations to set up tailored approval processes that align with their internal procedures.
  • Real-Time Analytics and Reporting: Provides detailed insights into spending patterns through customizable dashboards and reports.
  • Integration with ERP Systems: Seamlessly connects with enterprise resource planning systems like SAP, Oracle, and others for streamlined data flow.
  • Receipt OCR Technology: Uses optical character recognition to extract data from receipts, minimizing manual data entry errors.
  • Audit Trail: Maintains a comprehensive log of all actions taken within the system, supporting transparency and accountability.
  • Travel Booking Integration: Links with travel booking tools to consolidate travel and expense data, simplifying the management process.
  • Customizable Expense Categories: Allows businesses to define specific categories that match their unique expense tracking needs.
  • VAT/GST Tracking: Supports the tracking and reporting of value-added tax and goods and services tax for compliance with tax regulations.
  • Delegated Access: Permits users to assign delegates to manage expenses on their behalf, ensuring continuity during absences.
  • Fraud Detection: Employs algorithms to identify unusual spending patterns, helping to prevent fraudulent activities.
  • Expense Report Templates: Offers pre-configured templates for quick and consistent expense report creation.
  • Data Security and Compliance: Adheres to industry standards for data protection, ensuring sensitive financial information is secure.
  • Global Support: Provides support for multiple languages and regional compliance requirements, catering to international businesses.
  • User-Friendly Interface: Features an intuitive design that simplifies navigation and enhances user experience.
  • Third-Party App Integration: Connects with various third-party applications to extend functionality and improve workflow efficiency.
  • Custom Reporting Tools: Allows users to create bespoke reports tailored to specific business needs and objectives.
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Product Ranking

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User Sentiment Summary

Great User Sentiment 1838 reviews
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88%
of users recommend this product

Expensify has a 'great' User Satisfaction Rating of 88% when considering 1838 user reviews from 3 recognized software review sites.

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4.75 (23)
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4.43 (882)
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4.4 (933)
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Synopsis of User Ratings and Reviews

Automated Expense Reporting: Expensify's ability to read receipts and create expense reports with minimal user input is a huge time-saver.
Mobile Accessibility: The convenience of using a mobile app for expense tracking is a major plus for users, especially those who travel frequently.
Integration with Accounting Software: Seamless integration with popular accounting software eliminates manual data entry and reduces the risk of errors, making financial reconciliation much smoother.
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Comprehensive Features: Concur Expense encompasses a wide array of features, covering everything from travel booking and expense tracking to policy enforcement and reporting, making it a one-stop solution for managing business expenses.
Mobile Accessibility: The availability of a highly-rated mobile app allows users to manage expenses, capture receipts, and submit reports from any location, simplifying expense management for on-the-go employees.
Integration Capabilities: Concur Expense seamlessly integrates with other enterprise systems, including accounting software and travel booking platforms, streamlining data flow and reducing manual entry.
Automated Processes: The platform automates numerous tasks, such as expense calculations, policy checks, and approval workflows, minimizing manual effort, reducing errors, and accelerating reimbursements.
Real-Time Visibility: Concur Expense provides real-time insights into travel and expense data, enabling businesses to track spending patterns, identify cost-saving opportunities, and make informed decisions.
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Receipt Scanning Issues: The automated receipt scanning feature, while generally praised, has been known to have occasional glitches, which can be frustrating for users.
Complex Setup for Some Features: Setting up certain features can be complex, potentially causing difficulties for users who are not tech-savvy.
Occasional Syncing Issues: While integration with accounting software is generally positive, some users have reported occasional syncing issues, which can disrupt workflows.
Higher Cost for Larger Businesses: Larger businesses may find Expensify to be more expensive compared to some competitors, potentially making it less budget-friendly.
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User Interface: Many users find the Concur interface, particularly the mobile app, less intuitive and more cumbersome than some competing expense solutions.
Performance Issues: Users frequently report glitches, crashes, and slow performance with the Concur app, particularly on Android devices, leading to frustration and lost productivity.
Receipt Management: Uploading, attaching, and managing receipts can be a significant pain point for Concur users, with frequent issues reported in saving receipts correctly and linking them to expense reports.
Customer Support: Concur's customer support is often criticized for slow response times and unhelpful resolutions, leaving users feeling stuck and frustrated with unresolved issues.
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Is Expensify really worth the hype, or is it just another expense you have to worry about? User reviews from the last year suggest that Expensify is a solid tool for managing expenses, particularly for its user-friendly design and automation features. Users rave about the convenience of the mobile app, which allows for on-the-go expense tracking and receipt scanning. The software's ability to integrate with popular accounting software like Xero and QuickBooks is also a major plus, streamlining financial processes for businesses. However, some users have reported occasional hiccups with the receipt scanning feature and a slightly steep learning curve for certain advanced features. While the platform generally receives praise for its intuitive design, some users suggest that clearer instructions for tasks like submitting expenses for reimbursement could enhance the user experience. A few users also expressed a desire for more responsive customer support. Expensify's strengths lie in its user-friendliness, automation capabilities, and integrations, making it a practical choice for businesses and individuals seeking to simplify their expense management processes. Its weaknesses, primarily centered around occasional glitches and the need for clearer instructions in certain areas, do not significantly detract from its overall value proposition. Expensify emerges as a robust and efficient expense management solution, particularly well-suited for small to medium-sized businesses and freelancers who value a user-friendly interface and seamless integrations with popular accounting software.

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Can Concur Expense concur with your expense management needs? User reviews from the last year suggest a mixed bag. While Concur Expense is generally praised for its robust features, mobile app, and integrations, which streamline expense reporting and make it a breeze for frequent travelers, some users find the initial learning curve steep and customer support inconsistent. For instance, one user lauded the app's ability to effortlessly upload receipts and track approvals, while another bemoaned the occasional spotty customer service. This disparity in experience highlights the importance of considering individual needs and expectations. A key differentiator for Concur Expense is its comprehensive nature, offering a one-stop shop for expense tracking, reporting, and approval. This is particularly valuable for larger organizations where streamlined workflows and integration with existing financial systems are paramount. However, the lack of pricing transparency and potential for complexity might make it less appealing to smaller businesses with simpler requirements. Think of it like a Swiss Army knife – incredibly versatile but potentially overwhelming if you only need a basic blade. In conclusion, Concur Expense emerges as a powerful tool best suited for larger organizations seeking a feature-rich and integrated expense management solution. Its strengths lie in its comprehensiveness, mobile capabilities, and automation features, which can significantly reduce manual effort and improve efficiency. However, potential users should weigh these benefits against the potential for a complex user interface and variable customer support.

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