Open Collective vs Fraedom Comparison

Open Collective

Expense Management Software

5 3 user ratings

Get Free Advice

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

Get Free Advice

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

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

Pricing Options

Free Trial Not Available
Offers Free-forever and Custom plan.

Free Trial Not Available
Offers Custom 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%

Features

Total Features	5 Features	9 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 + 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. 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 + 6 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	Available

Reviews & Ratings

User Rating	5/5 3 user ratings	2.8/5 6 user ratings
Rating Distribution	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%	Excellent 33.3% Very Good 16.7% Average 0% Poor 0% Terrible 50%
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Offers Free-forever and Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	For Collectives Free For Fiscal Hosts Custom	Fraedom Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Capture Expense Open Collective Vs Capture Expense Access Expense 4.3 10 ratings Open Collective Vs Access Expense Weel 4.7 31 ratings Happay 4.6 459 ratings Open Collective Vs Happay Coupa Expense Management 4.3 126 ratings Open Collective Vs Coupa Expense Management	Capture Expense Fraedom Vs Capture Expense Access Expense 4.3 10 ratings Fraedom Vs Access Expense Concur Expense 4.1 7,044 ratings Fraedom Vs Concur Expense ExpenSys 3.2 268 ratings Fraedom Vs ExpenSys Webexpenses 4.3 1,259 ratings Fraedom Vs Webexpenses
	View All Open Collective Alternatives	View All Fraedom Alternatives