Chrome River Expense vs Yokoy 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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83% 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

Yokoy

Expense Management Software

4.6 15 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

Yokoy is a platform that automates spend management for large and medium enterprises with AI, combining supplier invoice management, expense management, and smart corporate cards. More than 500 companies rely on this platform. Yokoy with its artificial intelligence learns to automatically fill out expense forms and invoices including VAT. Rule infractions, outliers, and potentially fraudulent instances are flagged by Yokoy and sent for manual examination. The remainder is automated, from registration to exporting to the accounting system. Yokoy is the only expenditure management platform that allows people to map their own company's process flow without requiring a group of developers to design and maintain it. Reliable integrations are essential for automating the flow of data across technologies. Yokoy connects with all major third-party technologies and offers all partners as well as consumers the free "OpenAPI" platform. The receipt is photographed and transferred to Yokoy via apps and the invoices are scanned or uploaded to the platform via email. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

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%

83% 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

93%
Reviews

72%
Momentum

60%
Popularity

78%

Features

Total Features	14 Features	11 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 + 8 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Business Hours Online	Business Hours Online

Reviews & Ratings

User Rating	4.3/5 900 user ratings	4.6/5 15 user ratings
Rating Distribution	Excellent 41.8% Very Good 46.7% Average 6.4% Poor 4.8% Terrible 0.3%	Excellent 60% Very Good 40% Average 0% Poor 0% Terrible 0%
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	Not Available
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.	Not Available
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Chrome River Expense Custom	Yokoy Custom
	View Detailed Pricing	View Detailed Pricing

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