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Concur vs QuickBooks

Concur vs QuickBooks: Choosing the best Expense Software for Your Business

If you're looking for a reliable accounting software, chances are you've come across Concur and QuickBooks. Both are highly popular platforms that offer a range of features to help streamline your financial management processes.

But which one is right for you? In this article, we'll take a closer look at Concur vs QuickBooks to help you make an informed decision.

Let's start with an overview of Concur. This cloud-based solution is designed to help businesses manage their expenses, travel, and invoices in one place. It offers a range of features, including expense tracking, travel booking, invoice processing, and more. Concur also integrates with a variety of other tools, such as Salesforce, SAP, and Microsoft Dynamics, making it a versatile choice for businesses of all sizes.

Overview of Concur

If you're looking for a cloud-based solution for expense management, travel management, and invoicing, Concur is one of the most popular options available. Concur is a web-based platform that allows you to manage your expenses, travel, and invoices in one place. It is designed to help businesses of all sizes manage their expenses more efficiently, reduce costs, and gain better visibility into their spending.

Key Features of Concur

Concur offers a wide range of features that make it a powerful expense management solution. Here are some of the key features of Concur:

  • Expense management: Concur allows you to easily capture and submit expenses from anywhere, using your mobile device or desktop. You can also automate expense approvals, enforce company policies, and track expenses in real-time.

  • Travel management: With Concur, you can book travel, manage itineraries, and capture travel expenses all in one place. Concur integrates with major travel providers like airlines, hotels, and car rental agencies, making it easy to manage your travel plans.

  • Invoice management: Concur allows you to easily create, send, and track invoices. You can also automate invoice approvals, set up recurring invoices, and manage vendor payments.

  • Reporting and analytics: Concur provides powerful reporting and analytics tools that allow you to gain insights into your spending and identify areas where you can save money. You can create custom reports, track key performance indicators, and analyse spending trends over time.

Target Audience for Concur

Concur is designed for businesses of all sizes, from small startups to large enterprises. It is particularly well-suited for businesses that have employees who travel frequently or incur a lot of expenses. Concur is also a good choice for businesses that want to gain better visibility into their spending and reduce costs. Whether you're a small business owner or a CFO of a large corporation, Concur can help you streamline your expense management processes and improve your bottom line.

Overview of QuickBooks

QuickBooks is an accounting software that is dedicated to serving organisations in a variety of industries, including professional and field services, product selling, and nonprofits. It is best suited for small businesses. QuickBooks is designed to help businesses manage their finances, including sales, expenses, and payments. It is a popular choice for small businesses because it is easy to use and affordable.

Key Features of QuickBooks

QuickBooks has a number of key features that make it a popular choice for small businesses. These include:

  • Invoicing: QuickBooks allows you to create and send professional invoices to your customers. You can also set up recurring invoices to save time.

  • Expense Tracking: You can easily track your business expenses with QuickBooks. You can connect your bank accounts and credit cards to QuickBooks to automatically import transactions.

  • Payroll: QuickBooks offers payroll services that allow you to pay your employees and file your payroll taxes.

  • Reporting: QuickBooks has a variety of reports that can help you understand your business finances. You can generate reports on your income and expenses, balance sheet, and cash flow.

Target Audience for QuickBooks

QuickBooks is best suited for small businesses that need easy-to-use accounting software. It is a popular choice for businesses that are just starting out or have a limited budget. QuickBooks is also a good choice for businesses that need to manage their finances on the go, as it offers a mobile app for iOS and Android devices. If you need more advanced accounting features or have a larger business, you may want to consider a more robust accounting software.

Concur vs QuickBooks User Interface Comparison

Concur UI Elements

Concur's user interface (UI) is intuitive and easy to navigate. The dashboard provides a clear overview of your expenses, with options to view reports, receipts, and approvals. The UI elements are well-organised, and the colour scheme is easy on the eyes.

When creating an expense report, Concur's UI guides you through the process step-by-step, making it easy to add expenses, attach receipts, and categorise expenses. The UI also allows you to split expenses between different categories and add notes or comments to individual expenses.

One of the standout features of Concur's UI is the mobile app, which allows you to manage expenses on-the-go. The app is user-friendly and offers the same functionality as the desktop version, including the ability to add expenses, take photos of receipts, and submit expense reports.

QuickBooks UI Elements

QuickBooks' UI is also user-friendly, with a dashboard that provides an overview of your finances. The UI elements are well-organised, and the colour scheme is easy on the eyes.

When creating an invoice or expense, QuickBooks' UI guides you through the process step-by-step, making it easy to add items, descriptions, and amounts. The UI also allows you to add notes or comments to individual items.

One of the standout features of QuickBooks' UI is the customizable dashboard, which allows you to choose which elements to display, such as account balances, income and expense graphs, and recent transactions.

Overall, both Concur and QuickBooks offer user-friendly UIs that guide you through the process of managing expenses and finances. The choice between the two will likely come down to personal preference and specific needs.

Expense Management

When it comes to expense management, both Concur and QuickBooks offer robust features to help you track and manage expenses. Here's a breakdown of what each platform offers:

Expense Tracking in Concur

Concur offers a comprehensive expense tracking system that allows you to easily capture and categorise expenses. You can use the Concur mobile app to snap photos of receipts and automatically upload them to your account. The system also allows you to set up rules for expense approval, ensuring that all expenses are compliant with company policy.

In addition to expense tracking, Concur offers integrated travel booking, which allows you to book flights, hotels, and rental cars directly through the platform. This can be a major time-saver for companies that frequently book travel.

Expense Tracking in QuickBooks

QuickBooks also offers robust expense tracking features, allowing you to easily categorise expenses and track them against specific projects or clients. You can create custom expense categories and set up rules for expense approval, ensuring that all expenses are compliant with company policy.

One of the standout features of QuickBooks is its integration with other QuickBooks products, such as QuickBooks Online and QuickBooks Self-Employed. This allows you to easily sync your expense data across all of your QuickBooks accounts, saving you time and reducing the risk of errors.

Overall, both Concur and QuickBooks offer strong expense tracking features, but the choice between the two will depend on your specific needs. If you're looking for integrated travel booking and a comprehensive expense tracking system, Concur may be the better choice. If you're already using other QuickBooks products or need to track expenses against specific projects or clients, QuickBooks may be the better option.

Concur vs QuickBooks Integration Capabilities

When it comes to integration capabilities, both Concur and QuickBooks are powerful tools that can integrate with a variety of other software systems. However, there are some differences between the two that you should be aware of.

Concur Integrations

Concur offers a wide range of integrations with other software systems, including accounting, HR, and travel management systems. Some of the most popular integrations include:

  • SAP ERP: Concur integrates seamlessly with SAP ERP, allowing you to manage your expenses and invoices from within the ERP system.
  • Salesforce: Concur can be integrated with Salesforce, enabling you to manage your expense data directly from within your Salesforce account.
  • NetSuite: Concur can be integrated with NetSuite, allowing you to manage your expenses and invoices from within NetSuite.

QuickBooks Integrations

QuickBooks also offers a variety of integrations with other software systems, including CRM, payroll, and inventory management systems. Some of the most popular integrations include:

  • Salesforce: QuickBooks can be integrated with Salesforce, allowing you to manage your accounting data directly from within your Salesforce account.
  • TSheets: QuickBooks can be integrated with TSheets, a time tracking system, allowing you to manage your payroll data more efficiently.
  • Shopify: QuickBooks can be integrated with Shopify, an e-commerce platform, allowing you to manage your sales data more effectively.

Overall, both Concur and QuickBooks offer powerful integration capabilities that can help you streamline your business processes. However, the specific integrations that you choose will depend on your unique business needs and requirements.

Concur vs QuickBooks Pricing Structure

When it comes to pricing, Concur and QuickBooks have different approaches. In this section, we'll take a closer look at their pricing models.

Concur Pricing Models

Concur's pricing is based on a per-user, per-month model. They offer three packages: Concur Expense, Concur Invoice, and Concur Travel. Each package has different features and pricing.

Concur Expense is their most popular package and it costs $9 per user, per month. It includes expense reporting, receipt capture, and approval workflows.

Concur Invoice is their accounts payable package and it costs $14 per user, per month. It includes invoice automation, purchase order matching, and payment processing.

Concur Travel is their travel and expense package and it costs $12 per user, per month. It includes travel booking, itinerary management, and expense reporting.

QuickBooks Pricing Models

QuickBooks offers a range of pricing plans to suit different business needs. They have four packages: Simple Start, Essentials, Plus, and Advanced. Each package has different features and pricing.

Simple Start is their most basic package and it costs $25 per month. It includes invoicing, expense tracking, and receipt capture.

Essentials is their mid-tier package and it costs $40 per month. It includes all the features of Simple Start plus bill management and time tracking.

Plus is their advanced package and it costs $70 per month. It includes all the features of Essentials plus inventory tracking and project profitability tracking.

Advanced is their most comprehensive package and it costs $150 per month. It includes all the features of Plus plus custom user permissions and premium customer support.

Overall, both Concur and QuickBooks offer flexible pricing models that can be tailored to fit the needs of your business. It's important to carefully evaluate your business needs and compare the features and pricing of each package before making a decision.

Customer Support Services

When it comes to choosing between Concur and QuickBooks, customer support services are an important consideration. Both software solutions offer various support options to their users.

Concur Support Options

Concur offers a range of support options to its users, including phone support, email support, and chat support. The support team is available 24/7 to assist with any issues or questions that may arise. In addition, Concur provides a comprehensive knowledge base that users can access to find answers to common questions and issues. The knowledge base includes articles, videos, and tutorials to help users get the most out of the software.

QuickBooks Support Options

QuickBooks also offers a variety of support options to its users, including phone support, email support, and chat support. The support team is available during regular business hours to assist with any issues or questions that may arise. QuickBooks also provides a knowledge base that users can access to find answers to common questions and issues. The knowledge base includes articles, videos, and tutorials to help users get the most out of the software.

In addition to these support options, both Concur and QuickBooks offer online communities where users can connect with other users to share tips, ask questions, and get advice. These communities can be a valuable resource for users who are looking for help or advice from others who use the software.

Overall, both Concur and QuickBooks offer a range of support options to their users, making it easy to get help when needed. Whether you prefer phone support, email support, or chat support, both software solutions have you covered. Additionally, the knowledge bases and online communities provided by both Concur and QuickBooks can be a valuable resource for users who are looking to get the most out of the software.

Concur vs QuickBooks Pros and Cons

Advantages of Concur

Concur is an expense management software that offers many advantages. It is a cloud-based solution that can be accessed from anywhere, making it easy to manage expenses on the go. Concur automatically captures receipts and expenses, eliminating the need for manual data entry. This feature saves time and reduces errors.

Another advantage of Concur is its integration with other software. It can integrate with accounting software like QuickBooks, making it easy to transfer expense data. Concur can also integrate with travel booking software, making it easy to manage travel expenses.

Advantages of QuickBooks

QuickBooks is a popular accounting software that offers many advantages. It is easy to use and offers a wide range of features. QuickBooks allows you to manage your finances, track expenses, create invoices, and generate reports.

One advantage of QuickBooks is its flexibility. It can be used by small businesses, medium-sized businesses, and even large corporations. QuickBooks also offers a wide range of integrations, making it easy to connect with other software.

Another advantage of QuickBooks is its affordability. QuickBooks offers a range of pricing plans, making it accessible to businesses of all sizes.

Limitations of Concur

While Concur offers many advantages, it also has some limitations. One limitation is the cost. Concur can be expensive, especially for small businesses. Another limitation is the learning curve. Concur has many features, and it can take time to learn how to use them all.

Limitations of QuickBooks

QuickBooks also has some limitations. One limitation is the lack of industry-specific features. QuickBooks is a general accounting software and may not have all the features that some industries need. Another limitation is the lack of customization. QuickBooks has many features, but it may not be customizable enough for some businesses.

In summary, both Concur and QuickBooks offer many advantages and some limitations. It is important to consider the specific needs of your business when choosing between the two.

Case Studies and User Reviews

One of the best ways to determine which accounting software is right for your business is by reading case studies and user reviews. By doing so, you can get a better understanding of how each software performs in real-life scenarios and how it can benefit your business.

According to TrustRadius, QuickBooks Online has an overall rating of 8.7 out of 10 based on 3,219 verified user reviews. Users appreciate its ease of use, affordability, and integration with other software. One user stated, "QuickBooks Online is a great accounting software for small businesses. It's easy to use and has all the features you need to manage your finances."

On the other hand, SAP Concur has an overall rating of 8.2 out of 10 based on 1,207 verified user reviews on TrustRadius. Users appreciate its expense tracking and management features, as well as its ability to integrate with other software. One user stated, "SAP Concur is a great tool for managing expenses. It's easy to use and has helped us save time and money."

When it comes to case studies, QuickBooks Online has been used by businesses such as The Honest Company, which was able to streamline its accounting processes and improve its financial reporting. SAP Concur has been used by businesses such as Rackspace, which was able to reduce its expense report processing time by 50%.

Overall, both QuickBooks Online and SAP Concur have their strengths and weaknesses. It's important to evaluate your business needs and budget to determine which software is the best fit for you.

ExpenseOnDemand vs Concur vs Quickbooks

When it comes to expense management software, there are a lot of options to choose from. Three popular options are ExpenseOnDemand, Concur, and Quickbooks. In this section, we will compare these three options and give you some reasons why ExpenseOnDemand may be the best choice for you.

3 Reasons Why ExpenseOnDemand is the Best Expense Management Software

  1. Affordability: ExpenseOnDemand's pricing is crafted for value and flexibility in three segments. Implementation is complimentary, ensuring a successful setup from day one. The second segment caters to both casual and power users, offering cost efficiency—power users pay for subscribed functions, while casual users pay for access. Lastly, competitive prices align with actual usage, emphasising cost-effectiveness and scalability to evolve with your business needs.

  2. Ease of Use: ExpenseOnDemand is easy to use and navigate, even for those who are not tech-savvy. The software has a simple and intuitive interface that allows you to quickly and easily input your expenses and generate reports.

  3. Flexibility: ExpenseOnDemand is a flexible option that can be customised to fit your specific needs. The software allows you to create custom expense categories, set up approval workflows, and integrate with other software programs.

While Concur and Quickbooks are both popular options for expense management software, ExpenseOnDemand offers an affordable, easy-to-use, and flexible solution that may be the best choice for you.

Concur vs QuickBooks Final Verdict

In conclusion, both Concur and QuickBooks have their strengths and weaknesses. Choosing between the two depends on your business needs and priorities.

QuickBooks is best suited for small businesses that require a comprehensive accounting software solution. It offers a wide range of features, including invoicing, expense tracking, and payroll management. QuickBooks is also user-friendly, making it easy for non-accountants to use. However, its pricing plans can be expensive, especially for larger companies.

On the other hand, Concur is ideal for businesses that require a travel and expense management solution. It offers features such as expense tracking, travel booking, and reporting. Concur integrates well with other software solutions, making it easy to use alongside other business tools. However, it may not be as comprehensive as QuickBooks when it comes to accounting features.

If you are a small business looking for a comprehensive accounting software solution, QuickBooks is the way to go. But if you are a larger company that requires a travel and expense management solution, Concur may be the better choice.

To summarise, both solutions have their strengths and weaknesses. It's important to evaluate your business needs and priorities before making a decision.

Frequently Asked Questions

How does SAP Concur integrate with QuickBooks for financial management?

SAP Concur integrates with QuickBooks for financial management through its Expense Integrations feature. This feature enables businesses to import expense data from SAP Concur into QuickBooks for accounting and financial reporting purposes. The integration process is seamless and eliminates the need for manual data entry, which saves businesses time and reduces the risk of errors.

What are the core features of SAP Concur Expense?

SAP Concur Expense is a comprehensive expense management solution that includes several core features. These features include expense report creation, receipt capture, expense policy enforcement, and reimbursement processing. Additionally, SAP Concur Expense offers mobile access, which enables employees to submit expenses on-the-go and managers to approve expenses from anywhere.

Can businesses use SAP Concur for free or is there a trial version available?

SAP Concur is not a free solution, but businesses can request a demo or sign up for a trial version to test the platform's capabilities before committing to a paid plan. The trial version provides access to the full range of SAP Concur features, enabling businesses to evaluate the platform's suitability for their needs.

What are the benefits of using SAP Concur for invoice management?

SAP Concur offers several benefits for invoice management, including automated invoice processing, streamlined workflows, and improved visibility into invoice status. With SAP Concur, businesses can easily capture invoice data, route invoices for approval, and track payment status. Additionally, SAP Concur provides analytics and reporting capabilities that enable businesses to gain insights into their invoice management processes.

How does SAP Concur facilitate travel expense management?

SAP Concur facilitates travel expense management through its Travel Integrations feature. This feature enables businesses to import travel data from SAP Concur into QuickBooks for accounting and financial reporting purposes. Additionally, SAP Concur offers travel booking capabilities, enabling employees to book travel arrangements and submit expenses in one platform.

Is SAP Concur considered a comprehensive accounting solution?

SAP Concur is not a comprehensive accounting solution, but it does offer several accounting and financial management features. These features include expense management, invoice management, and travel expense management. Additionally, SAP Concur integrates with QuickBooks for accounting and financial reporting purposes, enabling businesses to use both platforms together for a more comprehensive financial management solution.

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