Engage With Online Communities – Consider joining LinkedIn, Reddit or any other relevant forums as ways of exchanging knowledge among system users and finding advice from them on any matters arising in relation to using your system. Users are provided with insights to analyze expenditure patterns, pinpoint areas for improvement and uncover cost-saving opportunities. Automated mileage tracking keeps tabs on employees’ daily driving, ensuring proper and accurate reimbursements. It also helps optimize driving/delivery routes, reduces the manual effort in tracking and calculating mileage, and prevents mileage fraud. Mileage fraud is common and a survey found that 47% of employees admitted to exaggerating or falsifying mileage claims. @ErnieS So, I ran the Journal Entries by Payment Date report and I saw entries for both company card and Cash.
Setting Up the Core Configuration for Concur Expense (Standard Edition)
If you’re looking for a better fit, we’ve rounded up five top alternatives—Rho, BILL Spend & Expense, Navan, Expensify, Fyle—each offering unique advantages to meet different business requirements. Expensify offers a spend management tool for expense management, corporate cards, and bill payment. More companies are transitioning towards automated expense management solutions to streamline processes and improve financial efficiency. SAP Concur is one option many businesses use to enforce https://jt.org/accounting-services-for-startups-enhance-your-financial-operations/ their expense policy.This blog will delve deep into SAP Concur, a widely-used platform, examining its pros, cons, and pricing structure. We’ll also explore more modern alternatives to SAP Concur, like Rho, helping you make an informed decision with a comprehensive understanding of your options.
Expensify vs SAP Concur: How the features compare
To decide which to prioritize, you should consider your company size and feature requirements. For example, if you have an SMB with basic needs, intuitive platforms focusing on ease of use may help streamline operations for employees. For larger enterprises with more complex needs and feature requirements, advanced features will likely be a must. It’s relatively affordable, offers US pricing and comes with accounting for startups native integration with QuickBooks. Let’s explore the best expense management software options for US companies to consider. With the average cost of non-compliance being over $14m, you’ll want to confirm you’re properly recording, reporting and abiding by all relevant tax laws.
Drawbacks To Expensify
This unit is designed for administrators looking to explore the Payment Manager feature in SAP Concur. By specifying this information, SAP Concur can target the configuration defaults to the selected industry and accounting practices. With Ramp, companies save an average of 5% annually through automated savings insights, from spotting duplicate subscriptions to negotiating better vendor rates.
Add Items to the Multi-Level List
If you need specific advice for your business, please consult with an expert, as rules and regulations change regularly. Ramp is a spend management solution that includes cashback corporate cards, bill payments and accounting. The tool also offers vendor negotiation insights, accounting automation, procurement and Ramp AI. The tool reduces manual data entry by using AI to help automate approvals, expense reports, invoice entry and payment.
- Secure data hosting and US-based support are essential for preventing downtime, delays or security breaches.
- If you’re looking for a better fit, we’ve rounded up five top alternatives—Rho, BILL Spend & Expense, Navan, Expensify, Fyle—each offering unique advantages to meet different business requirements.
- Companies tend to choose Egencia over Concur if they use Amex cards because the integration is more robust with Egencia being owned by American Express.
- The tool has a mobile-centric design, lets you automate approvals with custom rules and directly syncs your expenses with other systems like SAP, Exact, Workday and DATEV.
Expensify
Throughout this unit, you gain a comprehensive understanding of the accounting page, including insights into how to access and manage it. The real challenge isn’t choosing between simple or complex — it’s finding a solution that avoids both extremes. Expensify can’t keep up as complexity grows, and Concur often slows teams down with too much overhead. The right platform should deliver control and visibility without creating more work, which is why many finance leaders now look beyond these two options. All three cover the basics of expense reporting, but they’re built with very different priorities. Expensify leans on simplicity, SAP Concur on depth, and Ramp on automation, visibility, and savings.
- Learn how our spend platform can increase the strategic impact of your finance team and future-proof your company.
- By specifying this information, SAP Concur can target the configuration defaults to the selected industry and accounting practices.
- If there are multiple company-paid card programs, the value can be set individually for each.
- Today I thought of a scenario which we have successfully implemented for our clients which is not so difficult but if not designed properly can be a mess.
- Quick answers to common questions to help you better understand the product, features, and services.
Brex offers several free products, and paid packages are low compared to other Concur alternatives. In addition, Brex’s robust reward program and partner perks further offset any cost. Rydoo is on the expensive side, with their lowest-price package being a fully self-serve option at €10 per user, per month.

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