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Rho Reviews & Product Details

Verified User in Marketing and Advertising
AM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Rho?

Rho's customer service team is very helpful. Any issues we run into, they are quick to respond and advise how we can do what we need to. When we find that a feature we need is missing from the platform, customer service bubbles this need up to their development team and the feature is soon built into the platform. Review collected by and hosted on G2.com.

What do you dislike about Rho?

There is a limit of only 3 attachments per transaction, which has meant that some of our documentation needs to be finagled to condense into only 3 documents. It is also impossible to adjust reimbursement requests from either the submitter or approver end, so if someone makes a typo they have to start over with a whole new request. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Our company had zero controls on its credit card spending. Every person in the whole company had access to the single corporate credit card and could use it without documentation. Rho has allowed us to assign individual card numbers to each employee so they have to answer for their own purchases. Review collected by and hosted on G2.com.

Response from Justin Wolz of Rho

Thank you for the review! Great news: We have since updated Rho to no longer have limits on the number of attachments you can add to each transaction. We also have the ability to edit reimbursement requests in our immediate product roadmap - I appreciate the feedback!

See how Rho improved

Rho Overview

What is Rho?

Rho is the all-in-one financial platform organizations can bank on. We combine AP automation and banking products with world-class software that traditional financial institutions don’t offer to help companies manage expenses, AP, banking, treasury, and month-end close with greater speed and efficiency. Designed to sync with your accounting software, Rho’s full-stack finance platform empowers corporate finance teams and leaders with the technology they need to drive greater workflow efficiency, control, and visibility over how money moves in and out of their organizations.

Rho Details
Product Website
Languages Supported
English
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Product Description

Rho is the financial operating system designed to help businesses boost their bottom line and operational efficiency by integrating business banking, corporate cards, and payments into one simple and powerful platform

How do you position yourself against your competitors?

Rho is a complete spend and cash management solution.


Seller Details
Seller
Rho
Company Website
Year Founded
2018
HQ Location
New York, US
Twitter
@rhobusiness
2,051 Twitter followers
LinkedIn® Page
www.linkedin.com
207 employees on LinkedIn®
Description

Rho is the all-in-one financial platform organizations can bank on.

As a technology company, we combine card, payments, and banking products with world-class software that traditional financial institutions don’t offer to help companies manage expenses, AP, banking, treasury, and month-end close with greater speed and efficiency.

Designed to sync with your accounting software, Rho’s full-stack finance platform empowers corporate finance teams and leaders with the technology they need to drive greater workflow efficiency, control, and visibility over how money moves in and out of their organizations.


Justin W.
JW
Overview Provided by:

Recent Rho Reviews

Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
3.5 out of 5
"Pretty good financial software but has a lot of room to grow"
Although lacking some features that I'd like, the platform is not very hard to use. Support team is quite responsive and receptive to inquires and ...
Sean F.
SF
Sean F.Mid-Market (51-1000 emp.)
5.0 out of 5
"Top Tier"
Centralized system that is easy to use for all levels of the organization with exceptional customer service. Unlike some large companies where cust...
Tommy F.
TF
Tommy F.Small-Business (50 or fewer emp.)
5.0 out of 5
"Easy Expenses"
I liked how easy it was to get set up as an end user. Filling out the expenses was the easiest experience I've had for a business expense card.

Rho Pricing

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Rho Media

Rho Demo - Rho: Banking tab
This product screen shows the Banking tab of the Rho platform, where clients can easily view account balances, see recent activity, and sync recent transaction data to their accounting platform of choice.
Rho Demo - Rho: Cards tab
This product screen shows the Cards tab of the Rho platform, where clients can manage individual and team corporate cards (both physical and virtual cards), track spending against budgets and card limits, create new cards, and pay their credit balance.
Rho Demo - Rho: User Management tab
This product screen shows the User Management tab of the Rho platform, where Rho admins can search, filter, edit, export, and create new employee Rho users.
Rho Demo - Rho: Accounts Payable tab
This product screen shows the Accounts Payable tab of the Rho platform, where clients can see their outstanding bills, view approval stages for individual payments, create bills, and pay vendor bills in bulk using a combination of domestic ACH, international SWIFT wires, unlimited checks, or Rho ...
Rho Demo - Rho: Expenses tab
This product screen shows the Expenses tab of the Rho platform, where clients can track spend, get approvals when needed, and review unexpected or out-of-policy spend.
Rho Demo - Rho: Rho Prime Treasury tab
This product screen shows the tab for Rho Prime Treasury, our treasury management service that invests your excess cash in short-dated government securities that are held in your name. In this window, users can see their Rho Prime Treasury balance, portfolio composition, positions, and interest e...

Official Interactive Demo

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110 out of 111 Total Reviews for Rho

4.8 out of 5
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110 out of 111 Total Reviews for Rho
4.8 out of 5
110 out of 111 Total Reviews for Rho
4.8 out of 5

Rho Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for RhoQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Sean F.
SF
Chief Financial Officer
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

Centralized system that is easy to use for all levels of the organization with exceptional customer service. Unlike some large companies where customer service is "I have forwarded your response to appropriate party" and then waiting weeks for a response. RHO provides solution-driven, timely responses. Review collected by and hosted on G2.com.

What do you dislike about Rho?

Working through some bugs. For example, when we select "Missing or Incorrect Requirements" as a reason and add a comment, it does not send the user an notification. These are small items that are usually fixed with an update, but we do like that they are always updating and modernizing the system. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Ensuring timely and accruate reporting of credit card spending and requirements such as coding and approvals. This saves our team multiple days a month. Review collected by and hosted on G2.com.

Tyler M.
TM
Chief Financial Officer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

Rho offers our users a one touch experience for reporting company expenses on a corporate card. The text alert at the point of purchase means before they leave the counter or stand up from the table, the expense report item can be completed.

The company implementation of Rho was easy and took less than 2 hours. We sync with Quickbooks Online seamlessly, which has saved the finance department 60 hours per month and delayed a planned headcount addition indefinitely.

We also do monthly expense management reimbursements through Rho which makes this process much more efficient for our users and scalable for the finance team.

The customer support team is amazing and each interaction with them is pleasant, informative, and positive.

I review/approve transactions and sync to QBO daily which makes my job much easier. Rho has all the features of a legacy platform but is designed like a fintech product, so it's constantly evolving and growing to meet our needs and the needs of our growing user base.

Our users love it! For several of them, this is their first experience with a corporate card and expense management program and they will compare everything else they use in their careers to Rho (good luck to all other products). Review collected by and hosted on G2.com.

What do you dislike about Rho?

The only challenge I have with Rho is that sync status doesn't update automatically and requires a page refresh before the status changes. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Rho allowed us to triple in size without adding a finance headcount due to the integration with QBO and ease of use by the admins and users.

Rho allows our users to have a one touch experience that increases their job satisfaction and reduces inefficiency in the expense report process.

Rho's direct integration with Quickbooks Online (QBO) allows our expense receipts to automatically attach to the transactions in QBO when synced from Rho, which increases the quality of our data and reduces finance department time to attach receipts in the coding process.

Rho allows much easier expense analysis than ERP data. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho
(Original )

Thanks for your thoughtful review, Tyler! We're so glad your employees love using Rho. We hope they never have to experience painful expense reports again!

Verified User in Civil Engineering
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

Rho is easy to use and has great customer support. I use my Rho card all the time since I travel a lot for work and I have never had an issue with it. Expenses are easy to log and so are company reimbursements. I like the digital Rho card feature as well for people who do not use a company card very often. Overall, Rho is very conveinient and I would recommend them to anyone. Review collected by and hosted on G2.com.

What do you dislike about Rho?

I don't really have any dislikes about Rho. There were a few bugs in the beggining with loggin expenses but the Rho team already fixed them. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

They make it easy and conveinient for a company to manage employees company cards. The digital card for people who don't need a company card all the time is huge. They also make it extremely easy to log and manage expenses and reimbursements. It is quick and hassle free. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi there -- We're thrilled to hear that you find Rho easy to use for work travel and that you've had a great experience with our customer support. Thank you for your review!

Verified User in Biotechnology
AB
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

We opened a Rho account before we raised our first financing round and have been their customers ever since. They are the easiest bank I've ever worked with, especially since we've worked with other standard big banks before for business needs. They allow a single person to take care of the entire company's finances quickly - everything from checking account, AP, expenses, to treasuries. They are also very supportive, not just about using the website, but can help out with broad questions about best practices for running startup's finances. Review collected by and hosted on G2.com.

What do you dislike about Rho?

This is not necessarily a downside to many people, but it is worth knowing that Rho is rolling out many features and improvements, which often means that the user interface and experience can change quite a lot. The interface always stayed intuitive, however, so it was never an issue. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Rho pretty much covers all our needs as an early-stage start-up. We use Rho for standard day-to-day checking account, AP, expense management, treasuries, and more. It's all integrated with Quickbooks so bookkeeping is seamless too. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Thank you for your thoughtful review! We're so glad you're getting so much value out of Rho.

Kevin K.
KK
Director of Marketing and Analytics
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

Now that our company has switched over to Rho for tracking our expenses, I don't put off waiting until the end of the month to submit my expenses. When I make a purchase, I get a text and email reminder. I just simply click the link and upload the receipt and I'm done. If I'm in a hurry, in the car, or not able to submit to upload the receipt, I get text and email reminders at the end of the day to help keep me on track with our accounting department. Review collected by and hosted on G2.com.

What do you dislike about Rho?

I don't know that I've found any downsides to the Rho service. The UI is extremely weel built and easy to use/navigate. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Rho helps us keep better tabs on our department's budget by showing us a real-time chart of our budget, the expenses we've had so far, and how much of our annual budget is left. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Kevin -- thank you so much for your thoughtful review!

PS
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

I love the ability to create virtual cards for employees, specific dates, or for particular vendors Review collected by and hosted on G2.com.

What do you dislike about Rho?

It's not yet fully integrated into our ERP so automatic or uploaded receipts don't push to the ERP. I'd rather do this in Rho due to the better UI but unfortunately I have to upload receipts in the clunky ERP. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

It allowed us to eliminate having physical cards for many employees and exposure of credit card info throughout the organization. It allows us much better control over enterprise subscription expenses and more control over reimbursed expense. The cost and accounting controls are superior to the traditional card companies. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Pete,

Thanks for your thoughtful review. If you'd like to explore ways to optimize how Rho works with your ERP, please reach out to our Client Service team via chat or email and one of our specialists can take a look at your processes.

See how Rho improved
JA
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

RHO has worked very well for my company to help us properly communicate and regulate what we need and when we need it. We are able to keep a list of all receipts, inventory, general needs, and it all is financially organized into well put lists for easy management and assessment. Review collected by and hosted on G2.com.

What do you dislike about Rho?

I struggle a little with the app vs. texting receipts and pictures for cataloguing information away. Usually I find the text feature is weaker than going into the app and filling out the information myself. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

RHO organizes my financial needs as a tech rapidly and with precision. It sets and easy bar to establish what items or locations I've needed to employ the company budget in a fast system that acknowledges realistic needs for mobile teams whether it be tools, supplies, or general use items for the company. Review collected by and hosted on G2.com.

RM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

What I like about Rou: Simplicity, easy to navagite, very quick refresh of screens, very ogranized. Review collected by and hosted on G2.com.

What do you dislike about Rho?

What I do not like about Rou: if you make multiple purchases a day, and submit your receipts at the end of the day VIA text message, it does not add the receipt to the correct purchase on the APP from the text thread. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Rou is solving the potential theft of using a company card at a gas station for fuel but really they are going inside and buying Beer, Smokes, and energy drinks. This has helped us keep unapproved spending down. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Ray,

Thank you for your thoughtful review!

Regarding the text message receipts, you are correct, the text message capture only works for the most recent transactions. If you'd like to send in receipts for multiple transactions at the end of the day, we'd recommend enabling email notifications. Then, you can easily respond to each email with a picture of your receipt from your mobile device. You can also add receipts directly from your phone in the Rho Mobile App. Please reach out to Rho Client Service if you have any other questions or feedback!

See how Rho improved
Tommy F.
TF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

I liked how easy it was to get set up as an end user. Filling out the expenses was the easiest experience I've had for a business expense card. Review collected by and hosted on G2.com.

What do you dislike about Rho?

Initial notifications were pretty agressive, but I was able to turn the ones I didn't want off by going into settings. It would have been nice to have an easy option to decline notifications from email/text that I didn't want. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Made business meals easy to manage the budget, label my expenses, and submit my report with minimal effort. It also made it extremely easy to keep track of the budget I had remaining. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Tommy,

Thanks for your thoughtful review! We appreciate your feedback about being able to adjust notifications settings in-context, and will share it with our product team!

AH
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Rho?

Team cards in Rho Banking website is customizable and very easy to use. I like how easy it is to setup labels and budgets for coding expenses. Rho emails and texts provide immediate confirmation of purchases which is very helpful as well. Review collected by and hosted on G2.com.

What do you dislike about Rho?

I would like more custom options for downloading transaction history. For example, download transaction history by user, Label, or Budget. Review collected by and hosted on G2.com.

What problems is Rho solving and how is that benefiting you?

Rho makes it easier for users to backup expenses, this saves a lot of time for the accounting team and streamlines our financials. Review collected by and hosted on G2.com.