Categories:

#25

Infor Expense Management is ranked #25 in the Expense Management Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

Infor Expense Management Pricing

Based on our most recent analysis, Infor Expense Management pricing starts in the range of $10 - $100.

Price
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Starting From
Undisclosed
Pricing Model
Per User, Monthly, Quote-Based
Free Trial
No

Training Resources

Infor Expense Management is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Infor Expense Management:

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

Infor Expense Management Benefits and Insights

Why use Infor Expense Management?

Key differentiators & advantages of Infor Expense Management

  • Streamlined Approval Process: Infor Expense Management automates the approval workflow, reducing the time managers spend on reviewing and approving expenses, allowing them to focus on strategic tasks.
  • Enhanced Policy Compliance: The software enforces company expense policies automatically, minimizing the risk of non-compliance and ensuring that all expenses adhere to corporate guidelines.
  • Real-Time Expense Tracking: Employees can submit expenses on-the-go via mobile devices, providing managers with up-to-date insights into spending patterns and budget utilization.
  • Reduced Processing Costs: By digitizing and automating expense management, companies can significantly cut down on the costs associated with manual processing and paper-based systems.
  • Improved Data Accuracy: Automated data entry and integration with financial systems reduce human errors, ensuring that financial reports are accurate and reliable.
  • Customizable Reporting: Users can generate tailored reports to analyze spending trends, identify cost-saving opportunities, and make informed financial decisions.
  • Global Compliance Support: Infor Expense Management supports multiple currencies and tax regulations, making it easier for multinational companies to manage expenses across different regions.
  • Increased Employee Satisfaction: The intuitive interface and mobile capabilities simplify the expense submission process, reducing frustration and improving the overall employee experience.
  • Fraud Detection Capabilities: The system uses advanced algorithms to identify unusual spending patterns, helping to detect and prevent fraudulent activities.
  • Seamless Integration: Infor Expense Management integrates with existing ERP and financial systems, ensuring a smooth flow of data and reducing the need for duplicate data entry.
  • Scalability: The software can easily scale to accommodate growing businesses, ensuring that expense management processes remain efficient as the company expands.
  • Environmental Impact Reduction: By eliminating paper-based processes, companies can reduce their environmental footprint, contributing to sustainability goals.
  • Enhanced Security: Robust security measures protect sensitive financial data, ensuring that company and employee information remains confidential and secure.
  • Time Savings for Employees: Automated receipt capture and categorization save employees time, allowing them to focus on their core responsibilities instead of administrative tasks.
  • Budget Control: Managers can set spending limits and receive alerts when budgets are exceeded, helping to maintain financial discipline and control over expenses.

Industry Expertise

Infor Expense Management is a powerful tool for businesses of all sizes, particularly those with complex, multinational operations. It excels at automating expense-related processes, enforcing policy compliance, and reducing administrative costs, making it ideal for organizations seeking to streamline their expense management and gain greater control over employee-initiated spending.

Infor Expense Management Reviews

Based on our most recent analysis, Infor Expense Management reviews indicate a 'great' User Satisfaction Rating of 83% based on 6 user reviews from 1 recognized software review sites.

User satisfaction level icon: great

6 reviews

83%

of users would recommend this product

Synopsis of User Ratings and Reviews

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

Pros

  • Reduced Errors and Fraud: User reviews highlight that Infor Expense Management helps reduce human errors and prevent financial fraud through its automation and policy enforcement features.
  • Easy to Use: User reviews praise the software's user-friendliness, making it simple for employees to adapt to and utilize effectively.
  • Mobile Compatibility: Users appreciate the mobile compatibility of Infor Expense Management, enabling them to manage expenses conveniently on the go.

Cons

  • Interface Issues: User reviews mention problems with the user interface, such as reports getting stuck and notifications not working reliably.
  • Inconsistent Automation: While the software aims to automate expense processes, some users have reported inconsistencies with its automation features, leading to manual interventions.

Researcher's Summary:

Is Infor Expense Management worth its salt, or does it leave users feeling shortchanged? Infor Expense Management is a comprehensive expense management software solution that has garnered a mixed bag of user reviews. Users appreciate its flexibility and ability to reduce errors and fraud, finding it easy to use and effective in automating expense-related processes. For instance, one user praised the software's intuitive design and efficiency, stating that it streamlined their expense reporting process and facilitated quick reimbursements. However, some users have reported issues with the software's interface, such as reports getting stuck and inconsistent notifications. One user specifically mentioned the need for improvement in the sorting options and auto-fill feature, highlighting areas where the software could enhance user experience.

A key differentiating factor for Infor Expense Management is its robust integration capabilities. The software seamlessly integrates four main applications: Expense Reports, Travel Plans, Payment Requests, and Timesheets. This integration enables organizations to enforce policy compliance, reduce administrative costs, and gain a holistic view of their financial status. This makes it particularly well-suited for larger enterprises or organizations with complex expense management needs. However, the reported interface issues suggest that there might be a learning curve for users, potentially making it less suitable for smaller businesses looking for a more plug-and-play solution.

Key Features

Notable Infor Expense Management features include:

  • Automated Expense Reporting: Streamlines the process of creating, submitting, and approving expense reports, reducing manual entry and errors.
  • Mobile Accessibility: Offers a mobile app that allows users to capture receipts and manage expenses on-the-go, enhancing convenience and efficiency.
  • Policy Compliance: Integrates customizable policy rules to ensure expenses align with company guidelines, automatically flagging non-compliant entries.
  • Multi-Currency Support: Facilitates expense reporting in various currencies, automatically converting amounts based on current exchange rates.
  • Integration Capabilities: Seamlessly connects with other enterprise systems such as ERP and HR platforms, ensuring data consistency across the organization.
  • Advanced Analytics: Provides detailed reporting and analytics tools to gain insights into spending patterns and identify cost-saving opportunities.
  • Audit Trail: Maintains a comprehensive log of all actions taken within the system, supporting transparency and accountability.
  • Customizable Workflows: Allows organizations to tailor approval processes to fit their specific needs, enhancing operational flexibility.
  • Receipt Management: Enables users to upload and store digital copies of receipts, simplifying record-keeping and retrieval.
  • Per Diem Management: Supports the calculation and management of per diem allowances, ensuring accurate reimbursement for travel expenses.
  • Credit Card Integration: Syncs with corporate credit cards to automatically import transactions, reducing manual data entry and improving accuracy.
  • Tax Compliance: Assists in managing tax-related aspects of expenses, such as VAT and GST, ensuring compliance with regional tax regulations.
  • Role-Based Access Control: Provides customizable access permissions, ensuring that users only have access to the information necessary for their role.
  • Configurable User Interface: Offers a user-friendly interface that can be tailored to meet the specific needs and preferences of different user groups.
  • Travel Booking Integration: Integrates with travel booking systems to streamline the process of managing travel-related expenses.
  • Notifications and Alerts: Sends automated reminders and alerts to keep users informed about pending approvals and policy violations.
  • Data Security: Employs robust security measures to protect sensitive financial data, ensuring compliance with industry standards and regulations.
  • Scalability: Designed to accommodate the needs of growing organizations, supporting an increasing number of users and transactions.
  • Localization Support: Offers language and regional customization options to meet the needs of global organizations.
  • Expense Forecasting: Utilizes historical data to predict future expenses, aiding in budget planning and financial management.

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