Expense management software is a type of software that automates the process of expense reporting, invoice capture, receipt management and much more. Furthermore, they empower businesses to effortlessly track, manage, and optimize employee expenses while staying aligned with corporate policies and tax regulations. As companies grow, tracking employee spending, automating reimbursements, and handling other financial operations can become more challenging. Therefore, in this article we’ll be looking at a list of the Top 20 Best Expense Management Software in the US and why they are the best of the best.
Top 20 Best Expense Management Software
- Expensify
Firstly, Expensify is a powerful tool that automates expense management and receipt tracking. It is an expense management system for personal and business use. Furthermore, Expensify also offers a business credit card called the Expensify Card.
- Zoho Expense
Next, Zoho Expense is an expense reporting software that automates recording of expenses from receipts and credit cards. Additionally, it automatically scans screenshots, extracts relevant information, and uses it to create business expenses and expense claims.
- Abacus
Abacus is a cloud-based expense report software that lets businesses capture receipts, categorize expenses, and reimburse employees in real-time. Furthermore, it also supports expense categorization, recurring expenses, and integration with accounting software like NetSuite and QuickBooks.
- Concur Expense
SAP Concur is an intelligent expense and business travel management software. Additionally, Concur connect all business expense, travel, and vendor invoice spend in one system, providing a single way to manage spend from end-to-end, gain greater visibility into transactions etc.
- Certify
Certify is the leading online travel and expense management solution for companies of all sizes. Furthermore, it simplifies expense management by replacing manual tasks with time-saving automation and greater spend control and visibility.
- Pleo
Pleo is a fundamentally new way to manage business spending, using expense automation to transform how companies spend. Additionally, it is a cloud-based expense management solution designed to help businesses manage, track, control, and optimize business spending.
- Brex
Brex is both an expense management solution and a corporate card provider that helps especially start-ups. Furthermore, it automates spend management, giving you real-time control over global spending.
- Ramp
Ramp is a free expense tracking tool & business cards that eliminate wasteful expenditures. It combines the power of corporate cards, expense reimbursements, bill payments etc. into one simple, scalable spend management solution.
- Divvy
Divvy from BILL is an expense management solution used by small and midsize businesses. Furthermore, this platform allows businesses to manage payments and subscriptions, create budgets, and eliminate the need to build meticulous expense reports.
- Rydoo
Rydoo is an expense management solution that helps employees and finance teams to reduce their expense work to a minimum. Additionally, it automates expense flows, simplifies reimbursement cycles, and enables better expense control and efficiency.
- Fyle
Fyle is a new-age, real-time expense management software. Furthermore, this platform that helps you simplify the process of tracking employee expenses, on your existing credit cards. Fyle allows businesses to automate expense reporting, credit card reconciliation, approvals, reimbursements, accounting integrations and more.
- Shoeboxed
Shoeboxed is a cloud-based receipt scanning and expense tracking application that allows scanning, uploading, and storing receipts for digitization. Additionally, it helps sole proprietors and small businesses scan and categorize their business expense receipts.
- TravelBank
TravelBank is a mobile-first corporate expense and business travel management solution. Additionally, it provides expense tracking and management, card management, improve productivity, gain visibility of expenses etc.
- Airbase
Airbase is the first all-in-one cloud-based spend management software. Furthermore, this platform provides businesses with spend management capabilities, payment processing and corporate cards.
- Tallie
Tallie is an end-to-end business expense reporting software. It was with accounting integration in mind, offering seamless syncs with platforms like QuickBooks and Xero. Tallie is an online expense report software for businesses that automates the entire expense process. Lea
- Emburse
Emburse is a powerful expense management and AP automation solution. Additionally, it integrates with major accounting systems and allows for detailed expense reporting, making it a great choice for companies looking for a comprehensive solution.
- Everlance
Everlance is an easy-to-use mileage and expense tracking software. Furthermore, it uses GPS to track miles automatically, saving time daily and in tax season.
- Spendesk
Spendesk is a smart spend management software designed for both finance teams and employees. Additionally, it provides real-time visibility into company spending and helps businesses maintain control over expenses.
- Xpenditure
Xpenditure is a leading expense management solution. Furthermore, it develops and offers mobile, and Web based expense management processes from receipt to accounting and reporting solutions.
- Coupa
Finally, Coupa Expenses is a market-leading expense management solution. Additionally, it scores every expense report using our intelligent audit algorithms to prevent fraud and control travel-expense spend.
Conclusion
In conclusion, every business has its unique characteristics and requirements. This list of the Top 20 Best Expense Management Software in the US offers various options to choose from to help minimize the stress of expense management.