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Emburse Abacus vs Expensify

When it comes to expense management software, Emburse Abacus and Expensify are two of the most popular options on the market. 

Both platforms offer a range of features to help businesses track and manage their expenses, but there are some key differences between the two that are worth exploring.

Emburse Abacus is a cloud-based expense management solution that allows businesses to automate their expense reporting process. 

The platform offers a range of features, including receipt capture and management, real-time expense reporting, and automatic policy enforcement. With Emburse Abacus, businesses can easily track employee expenses and ensure that they are compliant with company policies.

Expensify, on the other hand, is a popular expense management solution that is designed for businesses of all sizes. 

The platform offers a range of features, including receipt capture, automatic expense categorisation, and real-time expense tracking. 

Expensify also offers a range of integrations with other business tools, such as accounting software and travel booking platforms.

Key Takeaways

  • Emburse Abacus and Expensify are two popular expense management solutions that offer a range of features to help businesses track and manage their expenses.
  • Emburse Abacus offers real-time expense reporting and automatic policy enforcement, while Expensify offers automatic expense categorisation and a range of integrations with other business tools.
  • When choosing between the two platforms, it's important to consider factors such as pricing, user satisfaction, and customer support to determine which solution is the best fit for your business.

Emburse Abacus Overview

If you're looking for an efficient and reliable expense management software, Emburse Abacus might be the solution you need. Emburse Abacus is a professional and user-friendly expense management software that can help you automate your expense reports and simplify the process for your employees.

One of the main advantages of Emburse Abacus is its ease of use. With its intuitive interface, you can easily navigate through the software and manage your expenses without any hassle. Additionally, Emburse Abacus offers a mobile app that allows you to manage your expenses on the go, making it a convenient option for busy professionals.

Emburse Abacus also provides excellent customer service. Their team is professional and knowledgeable, and they are always ready to help you with any questions or issues you may have. This level of support can be crucial for businesses that need to ensure their expense management software is running smoothly.

In terms of features, Emburse Abacus offers a wide range of options to help you manage your expenses efficiently. You can easily create expense reports, track your expenses, and manage your receipts all in one place. Emburse Abacus also allows you to automate certain tasks, such as expense approvals, which can save you time and effort.

Overall, Emburse Abacus is a reliable and user-friendly expense management software that can help you streamline your expense reporting process. With its excellent customer service, ease of use, and useful features, it's definitely worth considering for your business.

Expensify Overview

Expensify is an expense management software that allows you to automate your expense reports and streamline your expense management process. With Expensify, you can easily track your business expenses, manage receipts, and reimburse your employees.

One of the best features of Expensify is its mobile app, which makes it easy for employees to capture receipts and submit expense reports on the go. The app allows you to scan receipts, track mileage, and categorise expenses.

Expensify also has a strong focus on customer service, with a dedicated team available to help you with any questions or issues you may have. The platform is user-friendly and easy to navigate, making it a great choice for businesses of all sizes.

In terms of usability, Expensify is professional and easy to use. It has a range of features that make it easy to manage expenses and automate your expense reports. The platform allows you to set up custom approval workflows, track expenses in real-time, and export data to your accounting software.

Overall, Expensify is a great choice for teams looking for an easy-to-use expense management software with a strong focus on mobile functionality and customer service.

Comparing Features

When it comes to expense management, both Emburse Abacus and Expensify offer a range of features to help you automate and streamline the process. Here's a comparison of some of their key features:

  • Expense Reports: Both Emburse Abacus and Expensify allow you to create customisable expense reports that can be exported to various formats like CSV, PDF, or Excel.

  • Automate: Both platforms offer automation features to help you save time and reduce errors. For example, you can automate expense categorisation and approval workflows.

  • Category: Emburse Abacus allows you to create custom categories and subcategories to organise your expenses. Expensify offers pre-defined categories, but you can also create your own.

  • Consolidation: Emburse Abacus allows you to consolidate expenses across multiple cards and sources, making it easier to manage and reconcile expenses. Expensify also offers this feature.

  • Uploading Receipts: Both platforms allow you to upload receipts via mobile app, email, or web interface. Emburse Abacus also offers the option to upload receipts via Dropbox or Google Drive.

  • OCR: Both platforms use OCR (optical character recognition) technology to extract data from receipts and automatically populate expense fields.

  • Virtual and Physical Cards: Emburse Abacus offers virtual and physical cards that can be assigned to employees for business expenses. Expensify offers virtual cards only.

  • Screenshots: Expensify offers a unique feature called SmartScan, which allows you to take screenshots of receipts and automatically extract data from them.

  • Expense Policy: Both platforms allow you to set up expense policies to ensure compliance with company policies and procedures.

  • Policy Enforcement: Emburse Abacus offers policy enforcement features that can prevent employees from submitting non-compliant expenses. Expensify also offers policy enforcement, but it's not as robust as Emburse Abacus.

In summary, both Emburse Abacus and Expensify offer a range of features to help you manage your expenses more efficiently. Which platform is best for you will depend on your specific needs and requirements.

Pricing and Plans

When it comes to pricing and plans, both Emburse Abacus and Expensify offer different options to suit different needs and budgets.

Emburse Abacus offers a flexible pricing model that starts from $9 per active user per month. They also offer a free trial, so you can test out the software before committing to a plan. The pricing is based on the number of active users and includes unlimited expense reports, unlimited receipt storage, and integrations with popular accounting software.

Expensify, on the other hand, offers a per-user pricing model that starts from $20 per month. They also offer a free version with limited features, as well as a free trial of their paid plans. The pricing includes features such as automatic receipt scanning, mileage tracking, and integrations with popular accounting software.

Both platforms offer mid-market and enterprise-level plans with additional features and custom pricing. If you have a larger team or need more advanced features, it may be worth considering these plans.

When comparing pricing and plans, it's important to consider your budget and the features that are most important to you. Emburse Abacus may be a better option if you're looking for a more flexible pricing model and unlimited expense reports, while Expensify may be a better option if you need more advanced features like automatic receipt scanning and mileage tracking.

Ultimately, the decision between Emburse Abacus and Expensify comes down to your specific needs and budget. Take the time to compare the features and pricing of each platform to make an informed decision.

User Satisfaction and Reviews

When it comes to user satisfaction, both Emburse Abacus and Expensify have received positive reviews from their customers. Emburse Abacus has been rated 8.3 out of 10 based on 282 reviews and ratings on TrustRadius, while Expensify has been rated 4.3 out of 5 stars with 49 reviews on Gartner Peer Insights.

Reviewers have found Emburse Abacus easier to use, set up, and administer. They have also praised the software's real-time processing of expense transactions. Emburse Abacus is well suited for mid-market organisations that are open to or embrace this concept. On the other hand, Expensify has been found to meet the needs of businesses better than Emburse Abacus.

Both software solutions have a customer support team that is available to assist employees with any issues they may encounter. Emburse Abacus has received positive reviews for their customer support, with reviewers noting that the team is responsive and helpful. Expensify has also been praised for their customer support, with reviewers noting that the team is knowledgeable and quick to respond to inquiries.

In terms of reviews, Emburse Abacus has 57 reviews with a rating of 4.38 out of 5 stars on Software Advice. Expensify, on the other hand, has 1010 reviews with a rating of 4.45 out of 5 stars. Both software solutions have been praised for their user-friendly interfaces, ease of use, and the ability to streamline expense reporting processes.

Overall, both Emburse Abacus and Expensify have received positive reviews from their customers. While Emburse Abacus may be better suited for mid-market organisations that are open to real-time processing of expense transactions, Expensify has been found to meet the needs of businesses better than Emburse Abacus.

Integrations and Compatibility

Both Emburse Abacus and Expensify offer integrations with a range of popular accounting and financial software, making it easy to streamline your expense management process. Emburse Abacus integrates with Sage Intacct, SAP Concur, QuickBooks, Xero, and many more. Expensify, on the other hand, integrates with Intacct, Sage, and other ERP systems.

If you use Sage Intacct, you have the option to choose either Emburse Abacus or Expensify. Both solutions integrate seamlessly with Sage Intacct, allowing you to easily track expenses and sync data between the two systems.

If you're based in Germany, you'll be pleased to know that both Emburse Abacus and Expensify are compatible with German accounting standards. This means that you can use either solution to manage your expenses in compliance with German regulations.

If you're an Uber or Egencia user, you'll be happy to know that both Emburse Abacus and Expensify integrate with these popular travel booking platforms. This means that you can easily import your travel expenses into either solution and keep all your expenses in one place.

If you're looking for a solution that offers comprehensive travel management features, you may want to consider Emburse Abacus. It integrates with Locomote, a travel management platform that allows you to book flights, hotels, and rental cars all in one place. Expensify, on the other hand, does not offer this level of travel management integration.

Overall, both Emburse Abacus and Expensify offer a wide range of integrations and compatibility options, making it easy to integrate with your existing accounting and financial software.

Customer Support and Service

When it comes to customer support and service, both Emburse Abacus and Expensify offer a range of options to ensure that clients get the help they need in a timely and efficient manner.

Emburse Abacus provides phone, email, and chat support during business hours, as well as a comprehensive help center with articles, videos, and FAQs. Additionally, Abacus offers personalized onboarding and training sessions to ensure that clients are able to get the most out of the platform.

Expensify also offers phone, email, and chat support during business hours, as well as a knowledge base with articles and FAQs. However, Expensify also provides 24/7 emergency support for critical issues.

Overall, both platforms offer strong customer support and service options. Emburse Abacus may be a better option for clients who value personalized onboarding and training, while Expensify may be a better option for those who require 24/7 emergency support.

In summary, whether you choose Emburse Abacus or Expensify, you can be confident that you will receive knowledgeable and efficient customer support and service to help you get the most out of the platform.

Reimbursement and Expense Management

When it comes to reimbursement and expense management, both Emburse Abacus and Expensify offer solutions that can simplify the process for you and your employees.

With Emburse Abacus, you can automate your reimbursement process, eliminating the need for manual data entry and reducing the risk of errors. The solution allows you to set up custom expense policies, which can help ensure that your employees are submitting expenses that are in line with your company's guidelines. Additionally, Emburse Abacus offers card issuing capabilities, which can make it easier for your employees to make purchases and track expenses.

Expensify also offers a comprehensive expense management solution that can help you streamline your reimbursement process. The solution allows you to automate your expense reporting, making it easier for your employees to submit expenses and for you to approve them. Additionally, Expensify offers card issuing capabilities, which can help simplify the purchasing process for your employees.

Both Emburse Abacus and Expensify offer mobile apps that allow your employees to submit expenses on-the-go. With Emburse Abacus, your employees can also track their expenses in real-time, which can help them stay within budget and avoid overspending.

Overall, both Emburse Abacus and Expensify offer robust solutions for reimbursement and expense management. Depending on your specific needs, one solution may be a better fit for your business than the other.

Alternatives to Emburse Abacus and Expensify

If you are considering expense management software, Emburse Abacus and Expensify are not the only options available. There are several alternatives that may better suit your business needs. Here are some of the top alternatives to Emburse Abacus and Expensify:

1. Zoho Expense

Zoho Expense is a cloud-based expense reporting software that allows you to automate expense reporting and streamline expense approvals. It offers features such as receipt scanning, mileage tracking, and credit card reconciliation. Zoho Expense also integrates with other Zoho applications, such as Zoho CRM and Zoho Books.

2. Xpenditure

Xpenditure is an expense management software that automates expense reporting and provides real-time expense data. It offers features such as receipt scanning, mileage tracking, and credit card integration. Xpenditure also integrates with other applications, such as QuickBooks and Salesforce.

3. Rydoo

Rydoo is a cloud-based expense management software that automates expense reporting and provides real-time expense data. It offers features such as receipt scanning, mileage tracking, and credit card integration. Rydoo also integrates with other applications, such as SAP and Oracle.

4. Nexonia Expenses

Nexonia Expenses is a cloud-based expense management software that automates expense reporting and provides real-time expense data. It offers features such as receipt scanning, mileage tracking, and credit card integration. Nexonia Expenses also integrates with other applications, such as NetSuite and Microsoft Dynamics.

5. Certify

Certify is an expense management software that automates expense reporting and provides real-time expense data. It offers features such as receipt scanning, mileage tracking, and credit card integration. Certify also integrates with other applications, such as QuickBooks and Salesforce.

When considering alternatives to Emburse Abacus and Expensify, it is important to evaluate each vendor's features, pricing, and customer support. Make sure to choose a vendor that meets your business needs and budget.

Conclusion

When it comes to choosing between Emburse Abacus and Expensify, it ultimately depends on the specific needs of your professional team. Both solutions have their strengths and weaknesses, and it's important to carefully consider each one before making a decision.

If you're looking for a flexible expense management software that can automate the entire expense reporting process and track multiple expense data points, then Abacus may be the right solution for you. With Abacus, you can easily manage expenses for teams of any size, from small businesses to large enterprises.

On the other hand, if you're looking for a more affordable solution that's easy to use and can be quickly adopted by your team, then Expensify may be the better choice. Expensify offers a free version and is perfect for small teams or businesses that need a simple and straightforward expense management solution.

When comparing Emburse Abacus vs Expensify, reviewers found Emburse Abacus easier to use, set up, and administer. However, Expensify is perfect for a small team or a small business and is very easy to submit reports and to teach others how to submit reports.

Ultimately, the best solution for your team will depend on your specific needs and budget. Take the time to evaluate both solutions and determine which one will be the best fit for your business.

Frequently Asked Questions

What are the differences between Emburse Abacus and Expensify?

Emburse Abacus and Expensify are both cloud-based expense management software that automate expense reporting from start to finish. However, there are some differences between the two. For instance, Emburse Abacus is more flexible and offers more customization options than Expensify. On the other hand, Expensify has a more user-friendly interface and is easier to use than Emburse Abacus.

Which expense management software is more cost-effective, Emburse Abacus or Expensify?

When it comes to cost-effectiveness, Emburse Abacus is a better option than Expensify. Emburse Abacus offers a more flexible pricing model that allows you to pay only for what you use. Moreover, Emburse Abacus is more customizable, which means that you can tailor it to your specific needs and requirements.

Who is the owner of Expensify?

Expensify is a privately held company that was founded by David Barrett in 2008. David Barrett is the current CEO of Expensify.

Is there a free version of Expensify available?

Yes, Expensify offers a free version that is suitable for small businesses and individuals. The free version of Expensify comes with basic features such as receipt tracking, expense reports, and mileage tracking.

Can Brex be used as a replacement for Expensify?

Brex is a corporate credit card that offers a range of expense management features such as receipt capture, expense tracking, and real-time reporting. However, Brex cannot be used as a replacement for Expensify as it does not offer all the features that Expensify does.

How many companies currently use Expensify for expense management?

As of 2021, Expensify has more than 10,000 corporate clients and over 10 million users worldwide. Expensify is used by companies of all sizes, from small startups to large enterprises.

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