Expensify vs Ramp Comparison

98% 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

Expensify

Expense Management Software

4.6 4,422 user ratings

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95% 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

Ramp

Expense Management Software

4.9 1,966 user ratings

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Overview

Description

Expensify is a US-based software company that offers expense management software for both individual and group use. The products are available as a web service that can be used with any computer browser and comes in the form of mobile application as well. It carries all essential functionality like allowing employees/user to upload receipts and request reimbursement. All expenses are recorded automatically, which in turn, are used to prepare expense reports based on the projects, types of expenses, etc. One can approve reimbursement directly from the software without any need to use a third-party money transfer application. The app tracks every expense incurred on food, travel, fuel, etc and uses artificial intelligence to extract information such as merchant’s name and date of expense from the uploaded receipt. Moreover, it also allows users to download their respective expense report. Expensify integrates with applications like Xero, Workday, Intacct and a few more. The company also has several partners like Uber, TripActions and Locomote that enable the user to automatically import expenses incurred for taking services from these partner companies. Read more

Ramp is a corporate card platform that has been designed to help clients regulate their payments. The software along with the digital card tracks every transaction and notifies the user of the amount left and how it can be saved. Since it is an automated platform, the operations are all streamlined to cut down manual labour required to scale a minimum of thousand employees at a go. Every transaction made with Ramp is accompanied by guaranteed cashback, points and insights that are aimed at maximising savings. Further, the expense policies can be digitised with Ramp so that clients can check their future spending and cut down on the extra expenditure significantly. Ramp further goes on to collect and verify receipts accurately so that the clients can proceed over to hassle-free payments. This is arguably also the most powerful accounting experience and it eliminates the need for account books or Excel sheets to keep a track of multiple entities and custom fields. Read more

Pricing Options

Free Trial Not Available
Starts at $5.0.

Free Trial Not Available
Offers Free-forever plan.

SW Score & Breakdown

98% 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

94%
Momentum

70%
Popularity

95%

95% 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

95%
Reviews

86%
Momentum

73%
Popularity

94%

Features

Total Features	14 Features	12 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 + 9 More - Show Less

Technical Details

Organization Types Supported	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals 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	Online	Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.6/5 4,422 user ratings	4.9/5 1,966 user ratings
Rating Distribution	Excellent 71% Very Good 21.5% Average 3.5% Poor 0.7% Terrible 3.2%	Excellent 89.1% Very Good 8.7% Average 1% Poor 0.3% Terrible 0.9%
User Sentiments	Easy to Use Interface, Receipt Scanning Accuracy, Mobile App Functionality, Fast Reimbursements Inconsistent Smartscan Feature, Confusing Expense Reporting System, Limited Credit Card Compatibility, Unreliable Mobile App Performance	Easy to Use Interface, Extensive Integrations, Seamless Receipt Management, Effective Spend Controls Fluctuating Credit Limits, Slow Customer Support Response, Lack of Robust Reporting, Limited International Functionality
Review Summary	Overall, Expensify garners praise for its user-friendly interface, robust expense tracking capabilities, and seamless integration with various accounting software. Reviewers appreciate its mobile app for its convenience and real-time expense capture. However, some users express concerns regarding occasional glitches and limited customization options. Expensify's customer support receives mixed feedback, with some users commending their responsiveness, while others encounter delays and unsatisfactory resolutions. Overall, Expensify is viewed favorably for its ease of use and expense management features, but it could benefit from enhanced customization and more consistent customer support.	Overall, Ramp is a popular financial management software praised for its user-friendly interface, efficient expense tracking, and seamless integration with accounting systems. Users appreciate the customizable features, real-time reporting capabilities, and mobile app convenience. Positive feedback highlights its effectiveness in streamlining financial processes and aiding in smart spending decisions. However, some users mention occasional glitches, limited customization options, and a learning curve for certain features. Additionally, there have been concerns regarding customer support responsiveness and pricing transparency.
Pros & Cons	User-friendly interface and robust expense tracking capabilities Seamless integration with various accounting software Convenient mobile app for real-time expense capture Occasional glitches and limited customization options Mixed feedback on customer support responsiveness	Streamlined financial processes and smart spending decisions Customizable features and real-time reporting capabilities Effective expense tracking and receipt verification Occasional glitches and limited customization options Learning curve for certain features Concerns regarding customer support responsiveness and pricing transparency
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AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Starts at $5.0.	Free Trial Not Available Offers Free-forever plan.
Pricing Plans Monthly Plans Annual Plans	Collect $5.00 $5.00 per user / month Control $9.00 $9.00 per user / month	Ramp Free
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Zoho Expense 4.7 1,090 ratings Expensify Vs Zoho Expense Concur Expense 4.1 7,044 ratings Expensify Vs Concur Expense Capture Expense Expensify Vs Capture Expense Access Expense 4.3 10 ratings Expensify Vs Access Expense Webexpenses 4.3 1,259 ratings Expensify Vs Webexpenses	Brex 4.6 1,823 ratings Ramp Vs Brex Expensify 4.6 4,422 ratings Ramp Vs Expensify Access Expense 4.3 10 ratings Ramp Vs Access Expense Capture Expense Ramp Vs Capture Expense ExpenSys 3.2 268 ratings Ramp Vs ExpenSys
	View All Expensify Alternatives	View All Ramp Alternatives

Screenshots & Videos

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Videos		+ 2 More

Vendor information

Company Details

Located in: San Francisco, California Founded in: 2008

Located in: New York, New York Founded in: 2019

Contact Details

Not available

https://www.expensify.com

Not available

https://ramp.com/

Social Media Handles

Linkedin 15K

Twitter 15K

Facebook 6K

Instagram 5K

Youtube 3K

Linkedin 103K

Twitter 13K

Facebook 1K

Instagram 1K

Youtube 1K

FAQs

What are the key differences between Expensify and Ramp?

Expensify focuses on expense management with features like receipt scanning and reimbursement, while Ramp is a corporate card platform that offers expense tracking, budgeting, and financial automation.

What are the alternatives to Expensify?

The top alternatives to Expensify are Zoho Expense, Concur Expense, Access Expense, Webexpenses, and ExpenSys.

Which SaaS products can Expensify integrate with?

Expensify integrates with accounting software like Xero, Workday, and Intacct, as well as travel and expense management tools like Gusto and Egencia.

What are the key features of Ramp?

Ramp's key features include corporate cards, expense tracking, budgeting, receipt management, and financial automation.

What are the alternatives to Ramp?

The top alternatives to Ramp are Brex, Access Expense, Divvy, PEX, and ExpenSys.