DATABASICS Expense vs Neat 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

DATABASICS Expense

Expense Management Software

4.2 71 user ratings

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Neat

Expense Management Software

4.5 2,399 user ratings

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Overview

Description

DATABASICS Expense makes online expense reporting easy without sacrificing control. This mobile app minimizes report entry for the travelers. For Finance, expense report tracking software streamlines project allocation, accounting integration, and policy enforcement. With DATABASICS Expense, user get the best of both worlds: ease of use and power. DATABASICS provides cloud-based, next-generation Expense Reporting, Timesheet Management, and Invoice Processing automation to customers in all industries in more than 140 countries. Specializing in meeting the most rigorous requirements, DATABASICS offers the highest level of service to its customers around the world. Read more

The Neat software platform provides small businesses, particularly those with a high volume of monthly expense transactions with the need to streamline the storage and organization of all business documentation, with the ability to quickly enter or import and convert document images into a digital data format. Neat helps organize and categorize the data and satisfy business reporting needs related to accounting and taxes. Neat is also a valuable solution for document retention for audit preparedness, provides the ability to create and leverage a variety of spending report and analysis tools, and offers integrations with contact management and marketing automation tools. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Available
Starts at $16.00.

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

98%
Reviews

81%
Momentum

60%
Popularity

72%

Features

Total Features	13 Features	7 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 + 10 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 + 4 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	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.2/5 71 user ratings	4.5/5 2,399 user ratings
Rating Distribution	Excellent 35.2% Very Good 52.1% Average 11.3% Poor 1.4% Terrible 0%	Excellent 79.1% Very Good 7.9% Average 3.7% Poor 2% Terrible 7.3%
User Sentiments	Not Available	Excellent Customer Support, Knowledgeable Support Staff, Ease of Use, Efficient Receipt Management Software Bugs and Glitches, Forced Cloud Migration, Lack of Legacy Software Support, Limited Functionality in Cloud Version
Review Summary	Not Available	Users appreciate Neat's user-friendly interface, highlighting its ease of use and intuitive design. The platform's ability to seamlessly integrate with various accounting software and financial institutions is also praised for streamlining workflows. However, some users have expressed concerns regarding occasional glitches and bugs that hinder the overall user experience. While customer support is generally well-received, a few users have reported challenges in reaching support representatives promptly. Additionally, some users have suggested improvements in reporting capabilities and customization options to enhance the platform's functionality further.
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $16.00.
Pricing Plans Monthly Plans Annual Plans	DATABASICS Expense Custom	NeatFiles $16.00 $16.00 per month NeatFiles Unlimited $16.50 $49.00 per month NeatBooks $24.00 $70.00 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Access Expense 4.3 10 ratings DATABASICS Expense Vs Access Expense Emburse Nexonia Expenses 4.4 547 ratings DATABASICS Expense Vs Emburse Nexonia Expenses ExpenseWire 4.2 51 ratings DATABASICS Expense Vs ExpenseWire ExpensePath 4.8 35 ratings DATABASICS Expense Vs ExpensePath Declaree 4.7 43 ratings DATABASICS Expense Vs Declaree	Access Expense 4.3 10 ratings Neat Vs Access Expense Capture Expense Neat Vs Capture Expense Webexpenses 4.3 1,259 ratings Neat Vs Webexpenses Expenday Neat Vs Expenday Expensify 4.6 4,422 ratings Neat Vs Expensify
	View All DATABASICS Expense Alternatives	View All Neat Alternatives