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Rho Reviews & Product Details - Page 2

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

Rho demo available

Try an interactive demo created by the software seller (right here on G2).

Official Downloads

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111 Rho Reviews

4.8 out of 5
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111 Rho Reviews
4.8 out of 5
111 Rho Reviews
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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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.

SC
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?

The cash back reward helps pay my dues and travel to NAHB, state and local events. Review collected by and hosted on G2.com.

What do you dislike about Rho?

It does take some time to figure out the reports and system, but once you do the system is very helpful Review collected by and hosted on G2.com.

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

I have been struggling to get receipts from card holders. My employees have been a lot better about adding receipts with the SMS feature from RHO. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Shawn,

Thank you for your thoughtful review!

KK
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 switched to Rho because of the easy-to-use platform and expensing options. This works very well for our company. Review collected by and hosted on G2.com.

What do you dislike about Rho?

We haven't really found any issues with using Rho, there has been a little bit of issue training field staff for expensing, but that's not a Rho issue. Review collected by and hosted on G2.com.

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

We need a credit card we could use for expensing. We had been using Expensify, but it didn't have an easy to use export CSV option to import to our accounting software. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Thank you for sharing your positive experience with Rho. Happy to hear that our platform is meeting your company's needs.

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

User Friendly & Simpleness of APP

Online website is easy to attach receipts and update any field required

Reminder text message and email with pending transactions at end of day Review collected by and hosted on G2.com.

What do you dislike about Rho?

Credit Card Limit takes 48 hours to refresh on Live Credit Card Review collected by and hosted on G2.com.

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

It is helping me keep track of all budgets across all departments and different accounts

It is helping me keep track of all expenses that are over a certain threshold

It is helping me review all expenses submitted by employees Review collected by and hosted on G2.com.

RR
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?

Rho has made it very simple to track my company expenses, as well as to catalog and categorize those expenses. Review collected by and hosted on G2.com.

What do you dislike about Rho?

My experience is limited as I have been using Rho for less than a year. However, I haven't had any negative experiences with it thus far. Review collected by and hosted on G2.com.

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

You can see at a glance the categories that each expense falls into. This helps to see where our dollars are going and to make adjustments as needed. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Ronny, thank you for your thoughtful review!

MR
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?

Love the text/receipt capture. Makes logging my expense so much easier for work travel. Review collected by and hosted on G2.com.

What do you dislike about Rho?

Only downside is when Rho card gets declined during travel. Seems to be sporadic as to how/why it happens and that's a little bothersome. Review collected by and hosted on G2.com.

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

The time it takes to do expense reports when travelling for work. It's made it significantly easier to which it allows me get my expense reports in sooner which I assume helps the accounting department. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Hi Michael -- thanks for your thoughtful review! I also love the text receipt feature when I travel! We've recently released email & mobile push notifications for declines. To opt in, head to your User Settings and enable Card Transaction Updates -- you can choose between email or mobile push. Make sure you download the Rho App if you would like the push notifications!

Verified User in Printing
UP
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?

Using Rho is in redibly easy to use as an employee. It sends me a text as soon as the transaction goes through and I can reply with the photo right away. Also, I can edit fields from the app or my computer. Cross-platform integrations are genius, especially if you're using it often! Review collected by and hosted on G2.com.

What do you dislike about Rho?

My least favorite thing about Rho is that there aren't descriptions of the fields. It may be an admin issue, not the app itself. Review collected by and hosted on G2.com.

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

Rho allows user to upload receipt right away AND sends reminders, so you can take a quick photo of the receipt right away before you lose it or forget to keep it. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

We're glad to hear that Rho is helping you upload receipts quickly and stay organized. Thank you for raising the challenge with the lack of field descriptions. I've passed this along to our Product & Design teams as I think offering field descriptions is a great idea.

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

Use to have to use personal card for business expenses, fill out a form and then have to wait for reimbursement. Often worrying that personal card would cover costs. Rho eliminates all of that. Review collected by and hosted on G2.com.

What do you dislike about Rho?

Too many / too soon reminders about submitting receipts when still working off site. I and others fill those out after we return all at once. Review collected by and hosted on G2.com.

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

Not having to use my personal card for work items. Keeps it separate. Review collected by and hosted on G2.com.

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

Our 30+ cardholders at our company love RHO for the ease of use when traveling. Getting a text message reminder that you can snap a photo of your receipt and reply directly has been a feature everyone raves about. Review collected by and hosted on G2.com.

What do you dislike about Rho?

I'm not sold on the automatic integration with our ERP yet, we still export all transactions and upload as a JE so no issues that cant be solved. Review collected by and hosted on G2.com.

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

Budget vs spend in real time. Review collected by and hosted on G2.com.

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?

I like how simple it is to use. The ability to text images of receipts and it automaticly attach the photo to my purchase is great. The ability to use apple pay with the card is helpful as well. Review collected by and hosted on G2.com.

What do you dislike about Rho?

I think the only issue I have had is not being able to view attached images once they are attached. When I have multiple purchases from the same company it could be useful to see the receipt images. Review collected by and hosted on G2.com.

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

Rho is minimizing mistakes in the expense reporting due to the simplicity of the software. Review collected by and hosted on G2.com.

Response from Shannen Balogh of Rho

Thank you for your thoughtful review. We're so glad to hear Rho is making receipt capture and expense management easier! You should be able to see all attached files when you log into Rho and click on the transaction. If you're having trouble, please reach out to our Client Service team via chat, and they can look into this for you!