Chrome River Expense vs Expensify Comparison

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Chrome River Expense

Expense Management Software

4.3 900 user ratings

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98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Expensify

Expense Management Software

4.6 4,422 user ratings

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Overview

Description

Chrome River Expense helps you to manage the expenses of your employees by automating expense reporting and enabling easy approval. It enables real-time monitoring of all types of expenses and assist you to keep them in compliance with the company’s policy. It is a web-based solution and has great compatibility on almost all platforms. This makes it highly accessible from anywhere and anytime. You can configure a different set of rules for managing the expense of different departments. On top of that, it also has multi-currency support. Besides displaying data in different exchange rates, it also shows them according to different time zones. With the integration of the accounting software that you use, Chrome River eliminates the need to install any additional application and reworking with the same data again. The software separates expense claims and only sends the one to the approver that requires approval at that time. The approver can easily approve or reject reimbursement using simple controls and get the things done within no time. You also have the option to add Chrome River Analytics, by which, the expense data can be transformed into meaningful reports. Read more

Expensify is a US-based software company that offers expense management software for both individual and group use. The products are available as a web service that can be used with any computer browser and comes in the form of mobile application as well. It carries all essential functionality like allowing employees/user to upload receipts and request reimbursement. All expenses are recorded automatically, which in turn, are used to prepare expense reports based on the projects, types of expenses, etc. One can approve reimbursement directly from the software without any need to use a third-party money transfer application. The app tracks every expense incurred on food, travel, fuel, etc and uses artificial intelligence to extract information such as merchant’s name and date of expense from the uploaded receipt. Moreover, it also allows users to download their respective expense report. Expensify integrates with applications like Xero, Workday, Intacct and a few more. The company also has several partners like Uber, TripActions and Locomote that enable the user to automatically import expenses incurred for taking services from these partner companies. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Starts at $5.0.

SW Score & Breakdown

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%
Reviews

79%
Momentum

60%
Popularity

63%

98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%
Reviews

94%
Momentum

70%
Popularity

95%

Features

Total Features	14 Features	14 Features
Common Features for All	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card. Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected. Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports Multi-level Approval A sequential and thorough review process to approve expenses. Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate. Receipt Management Store and manage receipts of the expenses incurred by the employees. Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go. Reconciliation Summary A statement prepared to report total outstanding payments and receipts. Reimbursement Management Helps in managing employee expenses claims and regularize the approval process. Spend Control To reduce spending and prevent unauthorized use by setting transactional control. Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization. Third-party Integration Offers synchronization with third-party applications Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects + 11 More - Show Less	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card. Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected. Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports Multi-level Approval A sequential and thorough review process to approve expenses. Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate. Receipt Management Store and manage receipts of the expenses incurred by the employees. Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go. Reconciliation Summary A statement prepared to report total outstanding payments and receipts. Reimbursement Management Helps in managing employee expenses claims and regularize the approval process. Spend Control To reduce spending and prevent unauthorized use by setting transactional control. Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization. Third-party Integration Offers synchronization with third-party applications Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects + 11 More - Show Less

Technical Details

Organization Types Supported	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Business Hours Online	Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	4.3/5 900 user ratings	4.6/5 4,422 user ratings
Rating Distribution	Excellent 41.8% Very Good 46.7% Average 6.4% Poor 4.8% Terrible 0.3%	Excellent 71% Very Good 21.5% Average 3.5% Poor 0.7% Terrible 3.2%
User Sentiments	Easy to Use Interface, Efficient Expense Report Creation and Submission, Seamless Receipt Management, Extensive Integrations Reporting Functionality Limitations, Occasional Software Glitches, Complex Admin Settings, Mobile App Usability Issues	Easy to Use Interface, Receipt Scanning Accuracy, Mobile App Functionality, Fast Reimbursements Inconsistent Smartscan Feature, Confusing Expense Reporting System, Limited Credit Card Compatibility, Unreliable Mobile App Performance
Review Summary	Chrome River Expense is a cloud-based expense management software popular among businesses for its user-friendly interface, robust reporting capabilities, and efficient expense tracking. Users appreciate its seamless integration with major accounting systems, streamlined approval processes, and mobile app for expense tracking on the go. However, some users have reported occasional technical glitches and a lack of customization options. Overall, Chrome River Expense is praised for its ease of use, comprehensive features, and excellent customer support, making it a reliable choice for businesses seeking a user-friendly and efficient expense management solution.	Overall, Expensify garners praise for its user-friendly interface, robust expense tracking capabilities, and seamless integration with various accounting software. Reviewers appreciate its mobile app for its convenience and real-time expense capture. However, some users express concerns regarding occasional glitches and limited customization options. Expensify's customer support receives mixed feedback, with some users commending their responsiveness, while others encounter delays and unsatisfactory resolutions. Overall, Expensify is viewed favorably for its ease of use and expense management features, but it could benefit from enhanced customization and more consistent customer support.
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Starts at $5.0.
Pricing Plans Monthly Plans Annual Plans	Chrome River Expense Custom	Collect $5.00 $5.00 per user / month Control $9.00 $9.00 per user / month
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