Leaders

High Performers

Contenders

Niche

Market Presence

Satisfaction

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G2 Grid® Scoring

Expense Management Software Definition

Businesses use expense management software to process, pay, and audit employee-initiated expenses to streamline the expense reimbursement and reconciliation process. The software includes capabilities for employees to input expenses for approval through a browser or mobile application.

Expense management solutions facilitate expense report creation, submission, approval, reimbursement, and accounting. By automating the workflow, it eliminates the need for manual paperwork, allowing users to upload, track, and submit expense receipts with ease. Administrators can access these reimbursement receipts through a streamlined system, enabling them to approve claims while ensuring compliance with business policies.

Expense management software allows administrators to have complete visibility of and track employees' corporate expenses. Expense management software analyzes overall expenses, identifies cost-saving opportunities, and controls excessive spending. Expense management software is commonly integrated with time tracking software, travel management software, payroll software or accounting software, and workforce management software.

To qualify for inclusion in the Expense Management category, a product must:

• Allow data entry
• Have an automated system in which to track, control, and report expenses
• Integrate with existing accounting and administrative systems
• Review expenses before submission

Expense Management Grid® Scoring Description

• Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Leaders include: Navan (Formerly TripActions), Expensify, Ramp, Brex, SAP Concur, Emburse Expense Enterprise (formerly Chrome River Expense), BILL Spend & Expense (Formerly Divvy), Airbase, Fyle, Emburse Expense Professional (formerly Certify Expense), Zoho Expense, Mesh Payments, Rippling, Alaan, Qonto, Pleo, Circula, Paycom, TravelPerk, FreshBooks, Stampli, Payhawk, Center, Rho, Cytric Travel & Expense, myBiz by MakeMyTrip, Motus Vehicle, Extend, Airwallex, Happay, Amex GBT Egencia, Equals Money, Moss | Spend smarter, BigTime, ClickTime, Emburse Spend (formerly Abacus), and Odoo Expense
• High Performing products have high customer Satisfaction scores and low Market Presence compared to the rest of the category. High Performers include: Pluto, Routespring, Wallester, Jeeves, Pemo, Expensya, TravelBank, N2F, itilite, Teampay, SutiExpense, ABUKAI Expenses, MileIQ, PayEm, Findity, Precoro, ExpensePoint, Docyt, Skovik, ExpenseOnDemand - Employee Expense Management App, Weel, Expend, Timesheets.com, Minute7, AccountSight, 247HRM, CloudBooks, Kloo, Tripgain, SalesTrip, and Torpago
• Contender products have relatively low customer Satisfaction scores and high Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Contenders include: Paylocity, Xero, Workday Financial Management, Paychex, TriNet, RazorPayX Corporate Cards, Corpay One, Webexpenses, AppZen, PEX, Soldo, Spendesk, Quadient Accounts Payable Automation by Beanworks, Mercury, BQE CORE, Rydoo, Coupa, Aspire, Unit4 Travel & Expenses, Amex GBT Neo, Dext Commerce, Bullhorn Time and Expense, Emburse Nexonia, Dext, Access Expense, Tipalti, Deltek Ajera, Infor Expense Management, and Oracle Workforce Management
• Niche products have relatively low Satisfaction scores and low Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Niche products include: isolved, Everlance, Mobilexpense Declaree, Cardata, Volopay, TripLog, Bento for Business, Shoeboxed, FunctionFox, Spenmo, DATABASICS Time & Expense, ProSpend, Journyx, CEIPAL Workforce, Momenteo, Emburse Tallie, WegoPro, Softworks, Hurdlr, Finly, Zaggle, Receipts, Acubiz EMS, ExpenseIn, Penny Inc., Itemize, ExpenseNet, Mobilexpense MXP, TimeLive Time & Expense Tracking, Veryfi Receipts OCR & Expenses, TimeLedger, ExpenseWire, Hubdrive, Apptricity Travel and Expense, and ExpensePath