Innovo Xpense vs Finly Comparison

75% 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

Innovo Xpense

Expense Management Software

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Finly

Expense Management Software

4.9 20 user ratings

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Overview

Description

Innovo Xpense helps the user gain control of their expenses by effortlessly capturing receipts, organising and categorising expenses and gaining valuable insights. Expense details are very easy to record and require just snapping a picture. Expense claims can then be automatically generated within seconds. These claims also get logged into accounting or ERPs without any human intervention. They can then be conveniently approved on the go. Innovo Xpense integrates with popular apps like QuickBooks, Xero, MYOB and others that sync with the user's accounting tools. It also helps them optimize GST claims by automatically extracting GST information from user's expenses to make accurate input tax claims. Credit card transactions are easy to import in the tool. Generating downloadable reports lets users keep a holistic view of their expenses. The software even helps the user ensure adherence to compliance. It allows them to create, manage and customize their approval workflows based on their specific requirements. Read more

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

Pricing Options

Free Trial Available
Starts at $14.72. Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

75% 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

81%
Reviews

60%
Momentum

60%
Popularity

66%

Features

Total Features	7 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. 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 + 4 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 + 10 More - Show Less

Technical Details

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

Reviews & Ratings

User Rating	Not Available	4.9/5 20 user ratings
Rating Distribution	Not Available	Excellent 90% Very Good 10% Average 0% Poor 0% Terrible 0%
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Pricing

Pricing Options	Free Trial Available Starts at $14.72. Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Team $14.72 $14.72 per month Enterprise Custom	Finly Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Access Expense 4.3 10 ratings Innovo Xpense Vs Access Expense Capture Expense Innovo Xpense Vs Capture Expense Webexpenses 4.3 1,259 ratings Innovo Xpense Vs Webexpenses Zoho Expense 4.7 1,090 ratings Innovo Xpense Vs Zoho Expense ExpenseWire 4.2 51 ratings Innovo Xpense Vs ExpenseWire	Access Expense 4.3 10 ratings Finly Vs Access Expense Capture Expense Finly Vs Capture Expense Zoho Expense 4.7 1,090 ratings Finly Vs Zoho Expense aCloud Expense 4.4 12 ratings Finly Vs aCloud Expense ExpenseWire 4.2 51 ratings Finly Vs ExpenseWire
	View All Innovo Xpense Alternatives	View All Finly Alternatives