Expensify vs. Fyle

I think it's really good for small businesses. At least in the way we use it. It's very good for keeping an eye on employee spending in nearly real time. I'm not sure how it works for larger companies when there is a larger number of people to keep track of.

Incentivized

A business/individual can definitely opt Fyle for their expense tracking and management. In a remote-first, employee first world, it's vital for companies to stay close to employees and make it easier for employees/users to claim reimbursements etc. A cloud software like Fyle is all you need to get started. What more do you need than a robust app that has seen over 50 million dollars being reimbursed to date? While this is the positive use case of Fyle, I think another major use case would be to monitor and track expenses made by employees. It'll help finance teams to see policy violations, make sure the claims are authentic, and reimburse only valid claims. It's intelligent in that way.

Incentivized

• I am able to submit my mileage and the great feature to put the starting destination and end destination. It auto populates the mileage for you!
• The coniserge is helpful and reminds me when I did not do certain things like submit my report. That’s a nice feature!
• I am able to submit my expenses quickly and it scans the receipts or you can upload a picture of them very quickly.

Incentivized

• Automatic details filling feature of Fyle saves a lot of time in browsing each and every receipt and then entering the details
• Categorization provided by Fyle assists in reducing navigating and search time for itemizing the bills
• Linking the audit feature from Fyle has helped in reducing the turnaround time for audit queries and thus improved productivity for audit team
• Keeping a complete track of all claims submitted in the dashboard provides a clear view of what expenses are penign to be approved by audit team

Incentivized

• Cant choose for specific lines of non -reimbursable expenses to several credit cards. only one preconfigured.
• there are limited cards to choose for with Expensify Travel as a corporate cards.
• The policy rules are pretty basic. i would like to have more granular options

• Ability to upload multiple bills at once. The file upload option as of now allows only one file to be uploaded at a time

Incentivized

Our company will use Expensify for as long as it will fit our purposes. However, it is obvious that once the fast-growing company will reach a certain size, we will need to transition to a more complex system. For our current purposes however, Expensify is great and I would recommend it to everyone

Incentivized

So simple to set up and use. It was easy to roll out to all our staff! The demos, instructions, and FAQ's were well written and enabled us to train our staff quickly. We have frontline employees who have mastered the system in a day. The scalability is also perfect. We are able to start with just a few cards and grew that number as our organization needed without any problems.

Incentivized

Our rep has been amazing. He has built custom reports for us that have been very time consuming and difficult. Our reps are also currently looking into new submission solutions for us that we are excited about. They came up with this and recommended it on their own without me complaining about an issue. They are about our success and are very excited about the product they offer.

Incentivized

The implementation process went rather smoothly, linking it to the bank and cards was handled easily. without too many unnecessary steps. Getting the accounts setup did take some time, but that would be true with any organization. All in all things went smoothly and I was very pleased with the setup and implementation process

Concur is the only formal software I've used, though I think this was only used in my PhD program (2010-2014), so in fairness, it's been a while. I remember Concur being just OK. It was certainly easier to use than the 'upload documents to email' process my former employer had instituted, but it was not Expensify-level smart and easy. At least back then, there was no simple drag-and-drop document parsing for example.

Incentivized

Features wise both Zoho and Concur are equivalent to Fyle - may be they even offer more features. We picked Fyle particularly because: a) We are a small organization of less than 200 employees and were looking for a cloud based offering b) We had to keep our costs minimal without making major changes to our organization structure Fyle was most optimal that catered to all our requirements.

Incentivized

• Positives include - timely expense reports to reconcile our fiscal year financials
• Negatives include - the monthly service fee per employee (even if no expenses were generated that month) - it is not cost effective for ALL of our employees to utilize the application.

Incentivized

• Lesser manual work
• High Employee morale
• More accountability

Incentivized