Expenday vs Receipt Bank Comparison

78% 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

Expenday

Expense Management Software

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Receipt Bank

Expense Management Software

4.5 1,532 user ratings

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Overview

Description

Expenday provides its users with a platform to store, manage, and generate reports in a quick and easy way. The software allows its users to put everything in one place with a few button clicks. Users can upload their expenses receipts just by photographing them and entering the smallest details. Expenday software enables its users to generate expenses report by selecting the period for the report, and the software will generate an organized report and send it to an email of the choice of users. The users can manage their expenses by adding, deleting, and modifying outlays and hence attaching receipts to them. All the data of users is securely saved in a cloud-based system. The software enables its users to scan their receipts and extract amount and date automatically through Expenday OCR. One can generate simple yet powerful standard reports of expenses, and there is no requirement for complex invoicing or integrations with country-specific tax agencies. Read more

Receipt Bank is a paperless expense management platform that connects accountants, bookkeepers, and businesses all around the world. It has the highest accuracy of any cloud app when scanning critical details from papers. Your clients can send you documents in a variety of ways, including through app, email, post, and more, with Receipt Bank. They send reminders to your clients' phones regularly to assist them to stay on top of their spending. All photos and collected data are saved in the cloud in a secure and compliant manner. Client data can be exported to CSV, PDF, or published to their cloud platform, along with an image. Its practice efficiency features allow you to have a better understanding of your firm's overall performance while also saving time. You can boost productivity by devoting time formerly spent on customer paperwork to other areas of the company. Furthermore, you will be able to engage with your client frequently about their business via in-app live discussion on specific things supplied and costs. Read more

Pricing Options

Free Trial Not Available
Starts at $2.99.

Free Trial Available
Offers Custom plan.

SW Score & Breakdown

78% 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

86%
Reviews

60%
Momentum

63%
Popularity

66%

Features

Total Features	9 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. 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. 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. 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	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. 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. 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. 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	Freelancers Large Enterprises Medium Business Small Business	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	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	Not Available	4.5/5 1,532 user ratings
Rating Distribution	Not Available	Excellent 76.4% Very Good 14% Average 0.9% Poor 1.1% Terrible 7.5%
User Sentiments	Not Available	Accurate Data Extraction, Time-Saving Efficiency, Seamless Integrations with Accounting Software, User-Friendly Mobile App Occasional Data Extraction Errors, Limited Invoice Fetch Functionality, Lack of Sales Invoice Processing, Confusing Client Account Management
Review Summary	Not Available	Receipt Bank is generally well-received by users, earning praise for its user-friendly interface, OCR technology, and seamless integration with accounting software. Reviewers find it efficient in organizing and categorizing receipts, saving time and reducing manual data entry. Additionally, the mobile app is lauded for its convenience in capturing receipts on the go. However, some users have reported occasional technical glitches and suggest improvements in invoice processing and customer support. Overall, Receipt Bank is considered a reliable and efficient tool for managing receipts, helping businesses streamline their expense management processes.
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Pricing

Pricing Options	Free Trial Not Available Starts at $2.99.	Free Trial Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Single $2.99 $2.99 per month Small $19.99 $19.99 per month Medium $39.99 $39.99 per month Large $59.99 $59.99 per month	Streamline Custom Optimize Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Access Expense 4.3 10 ratings Expenday Vs Access Expense Zoho Expense 4.7 1,090 ratings Expenday Vs Zoho Expense Capture Expense Expenday Vs Capture Expense Webexpenses 4.3 1,259 ratings Expenday Vs Webexpenses ExpenseWire 4.2 51 ratings Expenday Vs ExpenseWire	Expensify 4.6 4,422 ratings Receipt Bank Vs Expensify aCloud Expense 4.4 12 ratings Receipt Bank Vs aCloud Expense Capture Expense Receipt Bank Vs Capture Expense Access Expense 4.3 10 ratings Receipt Bank Vs Access Expense Webexpenses 4.3 1,259 ratings Receipt Bank Vs Webexpenses
	View All Expenday Alternatives	View All Receipt Bank Alternatives