ExpenseWire vs ReceiptsAI Comparison

89% 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

ExpenseWire

Expense Management Software

4.2 51 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

ReceiptsAI

Expense Management Software

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Overview

Description

ExpenseWire is an expense management solution that helps in simplifying expense reports for employees and get them reimbursed without any hassle. It automatically extracts relevant information by tracking, editing and submitting expenses from receipts, bills, cards and travel booking tools. Users can use ExpenseWire mobile interface to upload receipts from anywhere. Using all the submitted information, it generates reports and automates work approvals. Moreover, it also scrutinises the data thoroughly to eliminate any duplication. ExpenseWire also enables to approve multiple reports at a time. This gives you an idea of expenses in general and also helps in reducing extravagant expenses to ensure compliance with the company’s policies. Post-approval, you can reimburse your employees in batches. You can also launch status reports to gain insights in bottlenecks of your management process. The graphical reports help you to identify trends in spending with respect to type, season and department. Read more

Introducing ReceiptsAI, the innovative AI Bookkeeping Assistant designed specifically for small businesses. Running a business is no easy task, and keeping track of receipts, invoices, and expenses can quickly become overwhelming. With ReceiptsAI, we provide a simple solution to streamline their bookkeeping processes and ensure that they stay organized and efficient. Say goodbye to digging through emails and searching for lost receipts. With ReceiptsAI, they can easily upload any document, whether it's a receipt, invoice, or bank statement, all in one convenient place. This advanced AI technology automatically reads and extracts the necessary data from their documents, saving they time and eliminating manual data entry errors. With just a few clicks, they can select the data they need and export it into an Excel or PDF file, making it easy to share with their accountant or team members. This intuitive platform makes it effortless to stay on top of their finances and make informed decisions for their business. Don't let bookkeeping bog they down - let ReceiptsAI take the reins and simplify their workflow. Experience the power of AI automation in bookkeeping and see how it can transform the way they manage their business finances. Stay ahead of the game with ReceiptsAI their trusted partner in bookkeeping excellence. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Starts at $12.00. Offers Free-forever plan.

SW Score & Breakdown

89% 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

72%
Momentum

62%
Popularity

75%

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

90%
Reviews

60%
Momentum

66%
Popularity

65%

Features

Total Features	14 Features	10 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 + 7 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	SaaS/Web/Cloud
Modes of Support	Business Hours Online	Business Hours Online

Reviews & Ratings

User Rating	4.2/5 51 user ratings	Not Available
Rating Distribution	Excellent 45.1% Very Good 35.3% Average 15.7% Poor 2% Terrible 2%	Not Available
User Sentiments	Ease of Use, Receipt Management, Expense Tracking, Time Saving Outdated User Interface, Mobile App Functionality, Reporting Features, Initial Setup Process	Not Available
Review Summary	ExpenseWire is a user-friendly expense management software that helps businesses and individuals track and manage their expenses efficiently. Users praise its ease of use for uploading receipts, submitting expense reports, and tracking spending. The software's integration with accounting systems and ability to categorize expenses are also highlighted as strengths. However, some users mention that the interface could be more modern and that uploading receipts could be improved. Overall, ExpenseWire is a reliable and accessible tool for managing expenses.	Not Available
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Starts at $12.00. Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	ExpenseWire Custom	Free Forever Free Starter $12.00 $12.00 per month Premium $29.00 $29.00 per month
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