6 Best Expenzing Alternatives, Competitors, Reviews & Pricing 2023 – 2024

Introduction

“You have no control over the market. You can’t predict where it will go, and you can’t bring it back from the depths. What you can do is save more.”

Jean Chatzky

Gone are the days when businesses could rely on one software and use it for years without evaluating its ROI. Today, business leaders must ensure that all their service providers are relevant and are giving them the desired results. If not, changes need to be made.

Expenzing is an end-to-end travel management solution that streamlines all organizational processes. It automates the entire travel workflow, from travel planning to travel expense reimbursement. However, it may not work for everyone. If you are looking for Expenzing alternatives and competitors, you have come to the right place.

Why do you need Expenzing alternatives?

Expenzing is an all-in-one corporate travel management solution. However, many platforms in the market do what it does and more.

It is crucial for you to stay updated on all your options before you pick to adopt travel management software. Travel management technology is constantly evolving. Different platforms introduce new features all the time. There might be certain features that Expenzing’s competitors have that are more relevant to your needs than Expenzing.

List of 6 Best Expenzing alternatives and competitors

• Happay
• Finly
• ITILITE
• SAP Concur
• Fyle HQ
• Expensify

TOP 6 Expenzing alternatives (Comparative table of all competitors)

Product	Smart Audit	Credit Card Integration	Dedicated Analytics Module	Petty Cash Module	Dedicated Accounts Payables Management	GST Automation	24/7 Support
Happay	Yes	No	Yes	No	Yes	Yes	Yes
Finly	No	Yes	No	Yes	Yes	No	No
ITILITE	No	Yes	No	No	No	No	No
SAP Concur	No	Yes	Yes	No	Yes	No	Yes
Fyle HQ	No	Yes	No	No	No	No	Yes
Expensify	No	Yes	No	No	No	No	No

6 Best Expenzing alternatives and competitors in detail

1. Happay

Happay is an integrated expense management SaaS tool that addresses all expense management problems. Happay’s mobile-enabled data capture tool can automate your expense creation and filing process. The Smart Audit feature can automatically flag policy violations.

The AI-empowered tool also allows you to customize workflow approvals and accelerate reimbursement. Happay also helps maintain better relationships with service providers by giving you a complete insight into vendor payments. You can use that information to strike the best deals that suit you.

Top features

• GST automation
• Real-time data tracking
• Instant updates of the reimbursement process for employees
• Expense reconciliation
• Smart analytics
• Customized approval workflows
• Mobile app
• API integrations with ERP or human resources software

Expenzing Vs Happay

Feature	Happay	Expenzing
Corporate credit card integrations	Yes	No
Expense claim creation	Yes	Yes
Expense tracking	Yes	Yes
Customizable approval workflows	Yes	No
Dedicated analytics module	Yes	No
Third party integrations	Yes	Yes
Dedicated petty cash module	Yes	No

Happay Ratings

• Ease of use –
• Value for money –
• Expense fraud prevention –
• Spend visibility –
• Analytics and insights –
• Customer support –

FAQs – Happay

1. How do I use Happay?

Happay has a simple onboarding process. To use the Happay card, you only need to do the following – Get in touch with the Happay team

• Get in touch with the Happay team
• Visit the website and schedule a demo with Happay
• Sign up for Happay services
• Work with the Happay team to work on your expense policy
• Deploy the software solution in your organization

2. Where are Happay cards accepted?

Happay cards are accepted at ATMs. Visa merchant stores, both online and in-store, also accept Happay cards.

3. Was Happay acquired by Cred?

Yes, Cred acquired Happay in 2021.

4. Does Happay have TMC integrations?

Yes, Happay has integrations TMC with most famous TMCs like MakeMyTrip, FMC, Riyad, Thomas Cook, Nirvana, etc.

Must Read: 10 Best Expense Management Software and Tools

2. Finly

Finly is a cloud-ready business spend management software. It is equipped with features like instant data capture, OCR technology, automatic expense claim creation, automated reimbursements, etc. Finly aims to simplify your t&e management process by integrating with your existing ERP software.

Top features

• Automated expense claim filing
• Quick approvals
• Business expense reconciliation 
• OCR receipt capture technology 

Expenzing Vs Finly

Feature	Finly	Expenzing
Accounting integration	Yes	Yes
Currency conversion	No	Yes
Audit management	Yes	No
Fraud detection	Yes	No
Financial analysis	No	Yes

Finly Ratings

• Ease of use –
• Value for money –
• Expense fraud prevention –
• Spend visibility –
• Analytics and insights –
• Customer support –

FAQs – Finly

1. Who uses Finly?

Finly is used by large, medium, and small businesses. The employees, approving managers, finance teams, and higher management can all use and benefit from Finly’s business software for different functions.

2. What kind of customer support does Finly have?

Finly gives you FAQs, call support, email support, chat support, a forum, and a knowledge database.

Future Read: 7 Best Finly Alternatives and Competitors

3. ITILITE

ITILITE is also an integrated travel and expense management software. It facilitates functions like expense report filing, approvals, reimbursements, travel bookings, etc. It also gives you complete visibility into employee spending. Its analytics tools summarize and comprehensibly produce reports detailing patterns in employee spend behavior.

Top features

• Automatic receipt capture
• Digital receipt management
• Cost-efficiency incentives for employees
• Automated workflows
• Mobile functionality

Expenzing Vs ITILITE

Feature	ITILITE	Expenzing
Accounting software integration	Yes	Yes
Activity dashboard	Yes	Yes
Activity tracking	No	Yes
Budgeting/Forecasting	No	Yes
Online booking	Yes	No

ITILITE ratings

• Ease of use –
• Value for money –
• Expense fraud prevention –
• Spend visibility –
• Analytics and insights –
• Customer support –

FAQs – ITILITE

1. What does ITILITE do?

ITILITE is a travel expense management and expense report software that digitizes the travel expense processes of an organization. 

2. Where is ITILITE’s headquarters?

ITILITE’s headquarters is located in Bangalore, India. 

Future Read: 8 Best ITILITE Alternatives and Competitors

4. SAP Concur

SAP Concur offers travel, expense, and invoice automation features to organizations that want to streamline their spend management practices. It works with your SAP ecosystem to seamlessly integrate with your existing setup.

Top features

• Expense report creation
• Corporate credit card integration
• Smart categorization
• Currency conversions
• Invoice processing
• Android app

Expenzing Vs SAP Concur

Feature	SAP Concur	Expenzing
Smart categorization	Yes	No
Budgeting/Forecasting	No	Yes
Expense tracking	Yes	Yes
Financial analysis	No	Yes
Invoice management	Yes	Yes

Sap Concur Ratings

• Ease of use –
• Value for money –
• Expense fraud prevention –
• Spend visibility –
• Analytics and insights –
• Customer support –

FAQs – SAP Concur

1. What is SAP Concur used for?

SAP Concur is used for travel and expense management automation.

2. Is SAP Concur free to use?

SAP Concur offers a 15 day free trial.

Future Read: 5 Best SAP Concur Alternatives and Competitors

5. FyleHQ

Fyle’s expense management system helps organizations at three levels- employees, managers, and finance officials. From single click report creation to simple approvals to efficient reimbursement disbursements, FyleHQ streamlines all expense management functions expertly.

Top features

• Receipt capture
• Automated approval workflows
• Automatic credit card reconciliation
• Mileage tracking

Expenzing Vs FyleHQ

Feature	Fyle HQ	Expenzing
Accounting integration	Yes	Yes
Audit management	Yes	No
Audit trail	Yes	Yes
Expense claim creation and tracking	Yes	Yes
Budgeting/Forecasting	Yes	Yes

FyleHQ Ratings

• Ease of use –
• Value for money –
• Expense fraud prevention –
• Spend visibility –
• Analytics and insights –
• Customer support –

FAQs – Fyle

1. Which company owns Fyle?

Steadview capital owns Fyle.

2. What is Fyle?

Fyle is an AI-powered expense management solution that is known for real-time receipt tracking. It tracks expenses using apps like G-Suite, Slack, Outlook, etc.

Also, Read: Expense Accounting Meaning and Types

6. Expensify

Expensify is an expense management software company made for both personal and business use. Expensify has some free features like expense tracking, corporate cards, quick reimbursement, automatic invoicing, travel booking, etc.

Top features

• Next-day reimbursement
• Invoicing
• Travel booking
• Bill payments
• Automated expense reporting process

Expenzing Vs Expensify

Feature	Expensify	Expenzing
Approval workflows	Yes	No
Spend categorization	Yes	No
Currency conversation	Yes	Yes
Fraud detection	Yes	No
Mobile receipt upload	Yes	Yes

FAQs – Expensify

1. What is Expensify used for?

Expensify is used for bill payments, expense tracking, card payments, invoicing, bookings, etc.

2. Is Expensify easy to use?

Expensify is an easy-to-use platform with a great user interface. You can learn and use Expensify easily.

3. How does Expensify scan receipts?

Expensify automatically scans receipts using its SmartScan feature.

Quick Read: 10 Best Expensify Alternatives and Competitors

How to choose the best Expenzing alternative for your organization?

Must read: Automate your expense management

The importance of T&E software for different stakeholders in the company

Travel and expense software can help you enforce travel expense policies, accelerate approvals and reimbursements, and increase the overall cost-efficiency of the travel and expense management process.

Using travel and expense management software can help curtail cost leakages in multiple departments instead of manual expense management. Let’s look at the difference between manual and automated travel and expense management.

Quick Read: A Guide to Travel and Expense Management

5 things should you look for in your travel and expense management software

Your expense management software should ideally have the following features.

1. Travel policy enforcement and compliance

An expense management platform should have tools that help you enforce your travel policy. These tools can be anything from advanced audit features to hard pre-spend controls.

2. Automated reimbursement workflows

Automation is an essential component of modern expense management. Automated workflows accelerate the reimbursement process. This reduces the financial burden on the employees.

3. Receipt capture technology

One of the most challenging travel and expense management tasks is expense claim creation. When done manually, it can take the employee hours to file it. Receipt capture technology allows travelers to instantly capture receipt data and file it as an expense claim on the go.

4. Expense fraud checker

Expense fraud is one of the biggest issues that finance officials face in an organization. Ensure that your expense management software has mechanisms to identify and prevent expense fraud.

5. Centralized communication

Pre-trip planning and approvals take days when done manually. Choosing expense management software with an integrated communication channel can save a lot of tedious back and forth.

About Expenzing

Introduction to Expenzing

Expenzing is a cloud-based expense management and sourcing and procurement software company based in Mumbai, India. Their Employee Expense Controller platform aims to streamline the employee expense management of a company by automating its key processes.

Expenzing has features like expense claim creation, automated approvals, reimbursement automation, etc., which gives organizations high control over travel spending.

What do they do?

Expenzing is a spend management solution that offers affordable and efficient expense management and digital transformation solutions for accounts payables, sourcing, procurement, etc.

Who do they cater to? 

Expenzing’s target audience is medium to large-size businesses.

What are Expenzing’s purpose and vision?

Expenzing operates with the goal of simplifying spend management and making the process intelligent and effective. That is why they have made their software easy to set up, deploy, and use. 

Quick Read: 12 Best Invoicing Software [Paid+Free]

Expenzing features

1. Pre-approvals for employee expenses 

Expenzing now offers pre-approvals for employee expenses, which is becoming increasingly important as cost control is a strategic imperative for many firms.

By implementing pre-approvals in the employee expense workflow, employees and employers can avoid the discomfort of questioning an expense after it has already been incurred. This feature can lead to real savings for companies by avoiding redundant expenses.

2. Prompt expense report creation

Expenzing offers prompt expense report creation by providing users with mobile app accessibility. It lets users capture and automatically create expense reports from anywhere, anytime. 

3. Full visibility into employee spend behavior

Expenzing provides the finance team with complete visibility into employee spend behavior by digitizing all expense report data. 

4. Currency conversions

Expenzing lets you generate expense reports in various global currencies and then lets you automatically convert them to any preferred currency. 

5. Reimbursement visibility

Expenzing allows employee travelers to track the progress of their expense reports along the reimbursement cycle. 

Expenzing reviews

Expenzing is a popular expense management software; however, currently, it does not have many reviews on major review websites. 

The review data that is present shows us that Expenzing creates an overall positive experience for its users. For instance, this G2 review describes Expenzing as an online expense management software that helps organizations keep track of all their expenses. It highlights the fact that the software is designed to manage workflows and reduce expenses using advanced technologies. 

The review also mentions that Expenzing is completely digitized, which means that it can maintain the integrity of the data that it manages. The software also takes care of all reimbursement initiatives and guides the management accordingly, making it very beneficial for the finance department of a company. Overall, the review seems to be positive and suggests that Expenzing is a useful tool for managing expenses and streamlining financial workflows.

This older review on getapp highlights the benefits of using Expenzing for expense management, specifically from the perspective of the accounting department. The reviewer notes that the software has allowed them to see the types of expenses and their impact on company profits, leading to a boost in profits by eliminating unnecessary expenses and implementing controls on all expenses before they are incurred.

The reviewer also notes that the software enables a company to track all expenses and generate reports automatically on all expenses, making it easier to analyze expenses and make decisions on which expenses should be minimized or controlled.

Regarding drawbacks, the reviewer mentions that integrating Expenzing with other systems was a problem initially, but improvements have been made to address this issue. 

Overall, the reviews of Expenzing across review websites are positive. However, it is important to note that many of these reviews are scanty and a few years old. 

Expenzing pricing

Expenzing has not made its pricing information publicly available. They offer a free demo of their products to interested prospects. You can contact the Expenzing team to get information on their pricing plans. 

What can Expenzing and its alternatives do for your company?

Expenzing and its alternatives can help your company in the following ways. Let’s see what expense management automation can do for your company.

• Reduce cost-leakages and save money
• Shorten the reimbursement turnaround time to make employees happy
• Give complete visibility over your company’s spending
• Offer accurate insights into spend behavior and trends
• Easy report validation makes smart audits easy

FAQs- Expensify

1. What is Expensify used for?

Expensify is used for bill payments, expense tracking, card payments, invoicing, bookings, etc.

2. Is Expensify easy to use?

Expensify is an easy-to-use platform with a great user interface. You can learn and use Expensify easily.

3. How does Expensify scan receipts?

Expensify automatically scans receipts using its SmartScan feature.

Conclusion

Picking the right expense management software can do wonders for your processes. While picking the most cost-effective option, also try to focus on high-priority features that can deliver the highest return on your investment. This guide can help you understand which platforms are good for your organization.