Finly vs DATABASICS Expense Comparison

Finly

Expense Management Software

4.9 20 user ratings

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86% 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

DATABASICS Expense

Expense Management Software

4.2 71 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

DATABASICS Expense makes online expense reporting easy without sacrificing control. This mobile app minimizes report entry for the travelers. For Finance, expense report tracking software streamlines project allocation, accounting integration, and policy enforcement. With DATABASICS Expense, user get the best of both worlds: ease of use and power. DATABASICS provides cloud-based, next-generation Expense Reporting, Timesheet Management, and Invoice Processing automation to customers in all industries in more than 140 countries. Specializing in meeting the most rigorous requirements, DATABASICS offers the highest level of service to its customers around the world. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

86% 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

98%
Reviews

81%
Momentum

60%
Popularity

72%

Features

Total Features	13 Features	13 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 + 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. 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 + 10 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	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.9/5 20 user ratings	4.2/5 71 user ratings
Rating Distribution	Excellent 90% Very Good 10% Average 0% Poor 0% Terrible 0%	Excellent 35.2% Very Good 52.1% Average 11.3% Poor 1.4% Terrible 0%
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Finly Custom	DATABASICS Expense Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

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