Neat vs ExpenseMonkey Comparison

Neat

Expense Management Software

4.5 2,399 user ratings

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79% 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

ExpenseMonkey

Expense Management Software

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Overview

Description

The Neat software platform provides small businesses, particularly those with a high volume of monthly expense transactions with the need to streamline the storage and organization of all business documentation, with the ability to quickly enter or import and convert document images into a digital data format. Neat helps organize and categorize the data and satisfy business reporting needs related to accounting and taxes. Neat is also a valuable solution for document retention for audit preparedness, provides the ability to create and leverage a variety of spending report and analysis tools, and offers integrations with contact management and marketing automation tools. Read more

Simplify their expenses with ExpenseMonkey, the expense management solution built for freelancers, teams, and small businesses. By snapping a photo with their phone, they can leverage our smart receipt scanner to handle the rest. Monitor, review, and organize their expenses seamlessly in one place. With features like project setup, customer capture, and team collaboration, ExpenseMonkey makes managing their finances effortless. View detailed expense reports in their dashboard and create exports to align with their budget. Our intuitive platform, designed with freelancers, teams, and small businesses in mind, streamlines expense management, saving them time and hassle. The integration of built-in AI technology automates routine tasks and extracts receipt data effortlessly, removing the need for specific credit cards or accounting software. Plus, ExpenseMonkey offers premium features at an economical price, making it the ideal choice for budget-conscious professionals. Empower their business with ExpenseMonkey and focus on what truly matters growing their brand. Read more

Pricing Options

Free Trial Available
Starts at $16.00.

Free Trial Not Available
Starts at $9.99. Offers Free-forever and Custom plan.

SW Score & Breakdown

79% 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

82%
Reviews

60%
Momentum

69%
Popularity

65%

Features

Total Features	7 Features	7 Features
Common Features for All	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected. 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. 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 + 4 More - Show Less	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected. 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. 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 + 4 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

Reviews & Ratings

User Rating	4.5/5 2,399 user ratings	Not Available
Rating Distribution	Excellent 79.1% Very Good 7.9% Average 3.7% Poor 2% Terrible 7.3%	Not Available
User Sentiments	Excellent Customer Support, Knowledgeable Support Staff, Ease of Use, Efficient Receipt Management Software Bugs and Glitches, Forced Cloud Migration, Lack of Legacy Software Support, Limited Functionality in Cloud Version	Not Available
Review Summary	Users appreciate Neat's user-friendly interface, highlighting its ease of use and intuitive design. The platform's ability to seamlessly integrate with various accounting software and financial institutions is also praised for streamlining workflows. However, some users have expressed concerns regarding occasional glitches and bugs that hinder the overall user experience. While customer support is generally well-received, a few users have reported challenges in reaching support representatives promptly. Additionally, some users have suggested improvements in reporting capabilities and customization options to enhance the platform's functionality further.	Not Available
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Pricing

Pricing Options	Free Trial Available Starts at $16.00.	Free Trial Not Available Starts at $9.99. Offers Free-forever and Custom plan.
Pricing Plans Monthly Plans Annual Plans	NeatFiles $16.00 $16.00 per month NeatFiles Unlimited $16.50 $49.00 per month NeatBooks $24.00 $70.00 per month	Starter Free Premium $9.99 $12.99 per month Organisation Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Access Expense 4.3 10 ratings Neat Vs Access Expense Capture Expense Neat Vs Capture Expense Webexpenses 4.3 1,259 ratings Neat Vs Webexpenses Expenday Neat Vs Expenday Expensify 4.6 4,422 ratings Neat Vs Expensify	Access Expense 4.3 10 ratings ExpenseMonkey Vs Access Expense Capture Expense ExpenseMonkey Vs Capture Expense ExpenseIn 4.4 25 ratings ExpenseMonkey Vs ExpenseIn Expensify 4.6 4,422 ratings ExpenseMonkey Vs Expensify ExpenseWire 4.2 51 ratings ExpenseMonkey Vs ExpenseWire
	View All Neat Alternatives	View All ExpenseMonkey Alternatives