Everlance vs Fraedom Comparison

88% 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

Everlance

Expense Management Software

4.5 157 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

Everlance's automated mileage and expense tracking application. Rated the best tax receipt app. Lose the shoebox of receipts and Digitally store receipts and credit card statements with a single tap. Take the headache and uncertainty out of tax time. Connect your bank and save a percentage of new independent income. Rest easy knowing you saved enough for taxes. Connect your card to Everlance and tell what you do for a living. 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 Not Available
Starts at $5.00. Offers Free-forever plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

88% 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

94%
Reviews

84%
Momentum

65%
Popularity

77%

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	12 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. 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 + 9 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. 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	Online	Online
API Support	NA	Available

Reviews & Ratings

User Rating	4.5/5 157 user ratings	2.8/5 6 user ratings
Rating Distribution	Excellent 69.4% Very Good 18.5% Average 8.3% Poor 0.6% Terrible 3.2%	Excellent 33.3% Very Good 16.7% Average 0% Poor 0% Terrible 50%
User Sentiments	Automatic Mileage Tracking, Ease of Use, Accurate Mileage Tracking, Comprehensive Expense Tracking Inaccurate Trip Tracking, Battery Drainage, App Crashes/Glitches, Missing Trip Data	Not Available
Review Summary	Everlance users widely appreciate its user-friendly interface and seamless integration with various financial tools. Many reviewers commend its accurate mileage tracking, detailed expense reports, and hassle-free receipt management. The mobile app's convenience and accessibility are praised, enhancing the overall user experience. However, some users have expressed concerns about occasional glitches and the pricing structure, suggesting room for improvement in terms of affordability.	Not Available
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Pricing

Pricing Options	Free Trial Not Available Starts at $5.00. Offers Free-forever plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Basic Free Premium $5.00 $8.00 per month Premium+ $10.00 $12.00 per month	Fraedom Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	MileageWise 4.9 65 ratings ExpenseWire 4.2 51 ratings Everlance Vs ExpenseWire Access Expense 4.3 10 ratings Everlance Vs Access Expense MileIQ 4.4 65 ratings Everlance Vs MileIQ Capture Expense Everlance Vs Capture Expense	Capture Expense Fraedom Vs Capture Expense Access Expense 4.3 10 ratings Fraedom Vs Access Expense Concur Expense 4.1 7,044 ratings Fraedom Vs Concur Expense ExpenSys 3.2 268 ratings Fraedom Vs ExpenSys Webexpenses 4.3 1,259 ratings Fraedom Vs Webexpenses
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