ExpensePoint vs Fraedom Comparison

91% 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

ExpensePoint

Expense Management Software

4.9 151 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

ExpensePoint is the best expense report management software. For starters, the platform makes it very convenient for producers to set up, train and execute activities, based on an around-the-day support system. With ExpensePoint, it becomes very easy to create multiple reports at any point in time. Other expense report features include a built-in expense manager, creating reports for others, managing cash advances and returns, split expense function, bill expense function and a comments feature that enables clients to add, delete and edit readable comments. ExpensePoint as a program has several benefits too. These include seamless access regardless of the platform it is operated on, proxy server capability, multi-install feature for clients, secured login and landing pages, a detailed dashboard and offline accessibility for anywhere, anytime. The analysis manager allows clients to run reports and user-based queries, while the analysis permissions enlist the ones who can run the reports at different levels. Lastly, ExpensePoint’s built-in employee reimbursement ACH system enables the authorities to approve expenses easily. 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 $8.50.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

91% 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

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	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	Online	Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.9/5 151 user ratings	2.8/5 6 user ratings
Rating Distribution	Excellent 88.7% Very Good 10.6% Average 0% Poor 0.7% Terrible 0%	Excellent 33.3% Very Good 16.7% Average 0% Poor 0% Terrible 50%
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Pricing

Pricing Options	Free Trial Not Available Starts at $8.50.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	ExpensePoint $8.50 $8.50 per month	Fraedom Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Access Expense 4.3 10 ratings ExpensePoint Vs Access Expense Capture Expense ExpensePoint Vs Capture Expense Zoho Expense 4.7 1,090 ratings ExpensePoint Vs Zoho Expense Expenday ExpensePoint Vs Expenday Webexpenses 4.3 1,259 ratings ExpensePoint Vs Webexpenses	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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