Open Collective vs ExpenseMonkey Comparison

Open Collective

Expense Management Software

5 3 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

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

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 Not Available
Offers Free-forever and Custom plan.

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	5 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. 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. 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. 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 + 2 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. 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. 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

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Online	Online
API Support	Available	NA

Reviews & Ratings

User Rating	5/5 3 user ratings	Not Available
Rating Distribution	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%	Not Available
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Pricing

Pricing Options	Free Trial Not Available Offers Free-forever and Custom plan.	Free Trial Not Available Starts at $9.99. Offers Free-forever and Custom plan.
Pricing Plans Monthly Plans Annual Plans	For Collectives Free For Fiscal Hosts Custom	Starter Free Premium $9.99 $12.99 per month Organisation Custom
	View Detailed Pricing	View Detailed Pricing

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