Fraedom vs ReceiptsAI Comparison

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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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

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

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

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%

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	9 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. 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	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. 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 Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Online	Online
API Support	Available	NA

Reviews & Ratings

User Rating	2.8/5 6 user ratings	Not Available
Rating Distribution	Excellent 33.3% Very Good 16.7% Average 0% Poor 0% Terrible 50%	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	Fraedom Custom	Free Forever Free Starter $12.00 $12.00 per month Premium $29.00 $29.00 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

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