Innovo Xpense vs Open Collective 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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Open Collective

Expense Management Software

5 3 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

Community is about trust and sharing. Open Collective lets you manage your finances so everyone can see where money comes from and where it goes. Collect and spend money transparently.Money management made simple, plus great tools for community engagement, budget reporting, and fiscal sponsorship.Receive funds by credit card, Paypal, or bank transfer, and record everything in your transparent budget. Define different ways people can contribute with customizable tiers and rewards. Read more

Pricing Options

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

Free Trial Not Available
Offers Free-forever and 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	5 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. 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 + 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. 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. 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 + 2 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	5/5 3 user ratings
Rating Distribution	Not Available	Excellent 100% Very Good 0% 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 Free-forever and Custom plan.
Pricing Plans Monthly Plans Annual Plans	Team $14.72 $14.72 per month Enterprise Custom	For Collectives Free For Fiscal Hosts Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

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	View All Innovo Xpense Alternatives	View All Open Collective Alternatives