Finly vs Bento for Business Comparison

Finly

Expense Management Software

4.9 20 user ratings

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87% 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

Bento for Business

Expense Management Software

4.6 378 user ratings

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Overview

Description

Finly is a cloud-based expense management solution that provides automatic report generation of all the expenses incurred by the employees or any user. Just like most of the expense management software, Finly also equips the OCR tool to scan paper and digital receipts of all kinds. Every relevant information is automatically extracted from the bill and using all such information, the software prepares an expense report. The report is then received by the manager, who surveys the same for approval/rejection. This is then forwarded to the finance department, which reimburses the employees in accordance with the company’s policy. The report also helps to monitor and keep the expenses in check with the pre-allocated budget. Apart from the management, Finly also brings the integration of some accounting tools. This mitigates the need to switch between two or more apps. You can directly export all the data to your accounting software. Owing to all these features, Finly is trusted by big corporations such as Reliance Mobile, Videocon, Essel Group and many more. Read more

Futuristic business spending management software like Bento for Business helps out organisations with receipt reconciliations, employee reimbursements and petty cash management. This particular platform is card-based in general, besides being incorporated with top graded reconciliation tools and industry-leading controls alike. Sending out daily spend limits, restricting out merchant categories, eliminating international transactions and turning off misplaced/lost cards are some of the ways by which Bento for Business helps with savings. As per records, customer spending habits has been reduced by 15%, when they are using Bento for Business. Further, users can also set up personalised controls on different cards and chart out time-based expense reports. They can also automate expense reports, export data into any accounting platforms of choice or QuickBooks to be precise. To get started users just need to go through a quick sign-up process, import employee roaster and place orders (cards) for the entire team, download the Bento app for quick views and finally ship out the assigned cards to the employee address directly. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Available
Starts at $29.00. Offers Custom plan.

SW Score & Breakdown

87% 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

85%
Reviews

90%
Momentum

62%
Popularity

84%

Features

Total Features	13 Features	8 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. 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 + 10 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. 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 + 5 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	Business Hours Online	Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.9/5 20 user ratings	4.6/5 378 user ratings
Rating Distribution	Excellent 90% Very Good 10% Average 0% Poor 0% Terrible 0%	Excellent 74.9% Very Good 14% Average 6.1% Poor 1.3% Terrible 3.7%
User Sentiments	Not Available	Real-time Expense Tracking, Flexible Spending Controls, User-Friendly Interface, Seamless QuickBooks Integration Slow Fund Transfer Times, Occasional Card Declines, Limited Free Cards, Inconsistent Customer Service
Review Summary	Not Available	Bento for Business garners positive feedback from users across various platforms. The platform's intuitive interface and user-friendly design are widely praised, enabling efficient expense management. The mobile app is also lauded for its convenience and seamless integration with the web version. Bento for Business is also recognized for its excellent customer support, with users commending the prompt and helpful responses from the support team. Additionally, the platform's reporting capabilities are highlighted as a key strength, providing valuable insights into spending patterns and facilitating informed decision-making.
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $29.00. Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Finly Custom	Starter $29.00 $29.00 per month Team $69.00 $69.00 per month Professional $149.00 $149.00 per month Enterprise Custom
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Alternatives

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