ExpensePoint Reviews & Pricing

by GlobalPoint Technologies | Founded 2000, Winnipeg, MB, Canada

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Overview Pricing Benefits Reviews Features

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What is ExpensePoint?

Industry Specialties: Non-Profit Organization Management, Construction, Financial Services, Insurance, Machinery, Computer Software, Oil & Energy.

ExpensePoint is a sophisticated software solution designed to streamline expense management tasks, making it particularly suitable for industries with frequent travel and expense reporting needs, such as consulting, finance, and healthcare. It offers a comprehensive suite of features, including receipt imaging, automated approval workflows, and integration with accounting systems, which enhance efficiency and accuracy. Users appreciate its intuitive interface and robust reporting capabilities, which provide valuable insights into spending patterns. ExpensePoint stands out for its customizable options, allowing businesses to tailor the platform to their specific requirements. Compared to similar products, users often highlight its ease of use and responsive customer support. While specific pricing details are not publicly disclosed, potential users are encouraged to contact SelectHub for a personalized quote that aligns with their organizational needs. Overall, ExpensePoint is a versatile and reliable tool for managing expenses effectively.

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User Sentiment

Based on 584 reviews:

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ExpensePoint Pricing

Based on our most recent analysis, ExpensePoint pricing starts at $9 (Monthly).

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Starting From: $8.50
Pricing Model: Monthly
Free Trial: No

Training Resources

ExpensePoint is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for ExpensePoint:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

ExpensePoint Benefits and Insights

Why use ExpensePoint?

Key differentiators & advantages of ExpensePoint

Streamlined Approval Process: ExpensePoint 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 and regulatory requirements, minimizing the risk of non-compliance and potential financial penalties.
Real-Time Expense Tracking: Users can track expenses as they occur, providing immediate visibility into spending patterns and helping to manage budgets more effectively.
Cost Savings: By identifying unnecessary expenditures and optimizing spending, ExpensePoint helps organizations reduce overall costs and improve financial health.
Improved Accuracy: Automated data entry and receipt capture reduce human error, ensuring that expense reports are accurate and reliable.
Increased Productivity: Employees spend less time on manual data entry and paperwork, allowing them to focus on more strategic tasks that drive business growth.
Customizable Reporting: The software offers tailored reporting options, enabling businesses to analyze expense data in ways that align with their specific needs and objectives.
Global Accessibility: With cloud-based access, employees can manage expenses from anywhere, supporting remote work and international operations seamlessly.
Integration with Financial Systems: ExpensePoint integrates with existing accounting and ERP systems, ensuring a smooth flow of financial data and reducing the need for duplicate entries.
Enhanced Security: The platform employs robust security measures to protect sensitive financial information, giving businesses peace of mind regarding data protection.
Environmental Impact Reduction: By digitizing receipts and reports, ExpensePoint reduces paper usage, contributing to a more sustainable business practice.
Scalability: The software can grow with your business, accommodating increasing numbers of users and transactions without compromising performance.
User-Friendly Interface: Intuitive design and easy navigation make it simple for employees to submit and manage expenses, reducing the learning curve and increasing adoption rates.
Improved Cash Flow Management: By providing insights into spending trends, ExpensePoint helps businesses manage cash flow more effectively, ensuring financial stability.
Time Savings: Automated processes and quick data retrieval save time for both employees and finance teams, allowing them to focus on core business activities.

Industry Expertise

ExpensePoint is a versatile expense management software that caters to a wide range of industries, including non-profit organizations, construction, financial services, insurance, and machinery. It's particularly well-suited for businesses of all sizes, from small to large multinational enterprises, that need to streamline their expense reporting processes and enhance financial control.

ExpensePoint Reviews

Average customer reviews & user sentiment summary for ExpensePoint:

584 reviews

98%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of ExpensePoint reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Receipt Functionality: ExpensePoint's receipt reader and matching features streamline expense tracking and reconciliation, saving users time and ensuring accuracy by automatically extracting information from receipts and matching them to credit card charges.
Customizable Expense Categories: Users can tailor expense categories to align with their organization's specific needs, allowing for detailed tracking and analysis of spending patterns.
Integration with Accounting Software: ExpensePoint seamlessly integrates with popular accounting software, automating data transfer and eliminating the need for manual entry, which reduces errors and saves time.
Strong Customer Support: Users consistently praise ExpensePoint's responsive and helpful customer support team, who provide personalized assistance and quickly resolve any issues.

Cons

Integration Issues: ExpensePoint's ability to integrate with other software could be enhanced for smoother data sharing.
Mobile App Usability: While functional, the mobile app's design could be more user-friendly and intuitive.

Researcher's Summary:

Is ExpensePoint the expenseive solution for your business, or does it hit the point? ExpensePoint has garnered largely positive reviews from users, particularly those at small to medium-sized businesses, who appreciate its user-friendly interface and robust features. Users highlight the software's receipt reading capabilities, credit card integration, and approval routing as major strengths, enabling efficient and automated expense tracking. The availability of comprehensive customer support and training resources is also frequently commended. However, some users have noted that certain features, such as the workflow manager, could be more intuitive.

While ExpensePoint offers a wide range of features, its true strength lies in its value proposition. Users often compare it favorably to competitors like Concur, emphasizing that ExpensePoint provides a comparable feature set at a more affordable price point, making it ideal for businesses seeking a comprehensive yet cost-effective solution. For example, one user specifically chose ExpensePoint over Concur due to the latter's high cost not being justified for their company's size. This focus on affordability, combined with its user-friendly design and strong customer support, makes ExpensePoint a compelling choice for businesses looking to streamline their expense management processes without breaking the bank.

Key Features

Notable ExpensePoint features include:

Automated Expense Reporting: Streamlines the process of creating and submitting expense reports by automatically capturing and categorizing expenses.
Receipt Imaging: Allows users to upload and store digital images of receipts, reducing the need for physical storage and simplifying record-keeping.
Credit Card Integration: Seamlessly connects with corporate credit cards to import transactions directly into the system, minimizing manual entry.
Multi-Currency Support: Facilitates expense reporting in various currencies, automatically converting amounts based on real-time exchange rates.
Policy Compliance Checks: Automatically flags expenses that do not comply with company policies, helping to enforce rules and reduce errors.
Customizable Approval Workflows: Offers flexible approval processes that can be tailored to fit the specific needs and hierarchy of any organization.
Mobile Accessibility: Provides a mobile app that enables users to manage expenses on-the-go, ensuring convenience and efficiency.
Comprehensive Analytics: Delivers detailed reports and dashboards that offer insights into spending patterns and help identify cost-saving opportunities.
Integration with Accounting Systems: Connects with popular accounting software like QuickBooks and SAP, ensuring seamless data transfer and financial accuracy.
Secure Data Storage: Utilizes advanced encryption and security protocols to protect sensitive financial information and ensure compliance with data protection regulations.
Customizable Expense Categories: Allows organizations to define and manage their own expense categories, ensuring alignment with internal accounting practices.
Per Diem Management: Supports the management of per diem allowances, simplifying the process of calculating and reimbursing daily expenses.
Audit Trail: Maintains a detailed log of all actions taken within the system, providing transparency and accountability for financial audits.
Tax Compliance Features: Includes tools for managing tax-related aspects of expenses, such as VAT and GST, ensuring compliance with regional tax laws.
Delegation Capabilities: Enables users to delegate expense report creation and approval tasks to others, facilitating efficient workflow management.
Custom Branding Options: Allows companies to personalize the ExpensePoint interface with their own branding, enhancing user experience and corporate identity.
Training and Support: Offers comprehensive training resources and customer support to ensure users can effectively utilize the software's features.