TravelBank vs Yokoy Comparison

TravelBank

Expense Management Software

4.5 745 user ratings

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83% 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

Yokoy

Expense Management Software

4.6 15 user ratings

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Overview

Description

TravelBank is an all in one solution to streamline issues related to expenses, travel and cards. Simply put together, with TravelBank as a reliable companion, booking flights, trains and hotels within budget becomes easy. Also, it is capable of synchronising card payments as well as tabulating expenses, improving visibility. Popular features of this software include end to end solutions for travel, in-house support, rewards and an innovative marketplace to make things interesting for the clients as well as their consumers. A simple interface for operations through mobile ensures that clients can keep track of the updates on the go. Setting up TravelBank is an easy task with an in-app guide for first-timers to navigate through easily. TravelBank is ideal for finance experts, management professionals, employees and even customers. Real-time analysis of reviews and appropriate insights offer ample scope for improvising and thus, it is well evident that the customers are an equally important fraction of the database. Read more

Yokoy is a platform that automates spend management for large and medium enterprises with AI, combining supplier invoice management, expense management, and smart corporate cards. More than 500 companies rely on this platform. Yokoy with its artificial intelligence learns to automatically fill out expense forms and invoices including VAT. Rule infractions, outliers, and potentially fraudulent instances are flagged by Yokoy and sent for manual examination. The remainder is automated, from registration to exporting to the accounting system. Yokoy is the only expenditure management platform that allows people to map their own company's process flow without requiring a group of developers to design and maintain it. Reliable integrations are essential for automating the flow of data across technologies. Yokoy connects with all major third-party technologies and offers all partners as well as consumers the free "OpenAPI" platform. The receipt is photographed and transferred to Yokoy via apps and the invoices are scanned or uploaded to the platform via email. Read more

Pricing Options

Free Trial Available
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

83% 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

93%
Reviews

72%
Momentum

60%
Popularity

78%

Features

Total Features	8 Features	11 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 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 + 5 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 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 + 8 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	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.5/5 745 user ratings	4.6/5 15 user ratings
Rating Distribution	Excellent 64.3% Very Good 27.1% Average 5.5% Poor 0.8% Terrible 2.3%	Excellent 60% Very Good 40% Average 0% Poor 0% Terrible 0%
User Sentiments	Easy to Use Interface, Fast Reimbursements, Efficient Expense Tracking & Reporting, Helpful Customer Service Limited Flight & Hotel Options, Occasional App Glitches and Crashes, Difficult Flight & Hotel Modification, Confusing Rewards System	Not Available
Review Summary	TravelBank, a popular travel and expense management solution, garners mixed reviews from users. While many reviewers appreciate its user-friendly interface, automation capabilities, and comprehensive reporting features, others express concerns regarding its occasional technical glitches, limited customization options, and lack of integration with certain accounting software. Additionally, some users find the mobile app to be less intuitive compared to the web version.	Not Available
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AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	TravelBank Custom	Yokoy Custom
	View Detailed Pricing	View Detailed Pricing

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