Concur Expense vs Fraedom Comparison

85% 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

Concur Expense

Expense Management Software

4.1 7,044 user ratings

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81% 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

Fraedom

Expense Management Software

2.8 6 user ratings

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Overview

Description

Concur Expense is a cloud-based travel and expense management software that allows users to maintain travel expenses by featuring travel processes from booking to approval to payment. This tool enables small and medium-sized businesses to track employee expenses and to review and approve invoices promptly. SAP concur software is a very useful tool that integrates all the users' expenses, travel, and vendor invoices pending in one system. It offers a single way to maintain pending from end to end transactions, acquire great visibility into transactions, enhances compliance, and simplify the process. Concur comprises an intelligence feature that allows employees to create customized dashboards offering an overview of multiple reports that allows finance managers to keep track of it. Moreover, the software automates data capture from receipt images and submits expense records for approvals. Concur software unlocks the robust sides, helps businesses reduce complications, and offers a clear view of invoices. It automates the accounts payable process by using predefined reports and templates. Make customize workflows and automate vendor business payments easily with Concur pricing strategy of $9 per report average price. Read more

Fraedom is an intuitive expense management platform that provides effortless spend monitoring facilities to various companies across the globe. This platform simplifies the entire expense management process from start to finish. Fraedom’s intuitive, automated, consistent and easy-to-use user interface helps businesses to manage their spending seamlessly. Furthermore, this platform captures all types of expenses including invoices, cash and cards. Fraedom also offers greater visibility to the organisation leaders. With its fast expense management systems, Fraedom allows organisational employees to get back what is important. It also identifies the modern trends which help leaders take rapid action and make smarter decisions. Fraedom features Optical Character Recognition (OCR) technology which can read receipts online. Thus eliminating the need to maintain paper receipts accordingly. Furthermore, staff and managers can capture, manage, submit and approve expenses on the go. Fraedom works seamlessly with all major ERP, Finance, HR and payroll tools, by offering real-time integrations with external systems like Oracle, SAP, Dynamics, Technology, JDE, Sage and many more. Read more

Pricing Options

Free Trial Available
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

85% 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

84%
Momentum

60%
Popularity

60%

81% 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

87%
Reviews

71%
Momentum

60%
Popularity

73%

Features

Total Features	14 Features	9 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 + 6 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 Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.1/5 7,044 user ratings	2.8/5 6 user ratings
Rating Distribution	Excellent 31.6% Very Good 50.5% Average 12.8% Poor 1.8% Terrible 3.3%	Excellent 33.3% Very Good 16.7% Average 0% Poor 0% Terrible 50%
User Sentiments	Mobile App Functionality, Expense Tracking and Reporting, Ease of Use, Extensive Integrations Slow Processing Speed, Outdated User Interface, Confusing Travel Booking, Limited Receipt Management Functionality	Not Available
Review Summary	Users praise Concur for its user-friendly interface, robust expense management capabilities, and seamless integration with other business systems. They appreciate the ability to track and manage expenses, create and approve reports, and enforce company policies. Additionally, users find the mobile app convenient for submitting expenses on the go. However, some users express concerns regarding occasional technical glitches, limited customization options, and the need for better customer support. Overall, Concur is a widely recommended expense management solution for businesses seeking an efficient and user-friendly platform.	Not Available
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AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Concur Expense Custom	Fraedom Custom
	View Detailed Pricing	View Detailed Pricing

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