Webexpenses vs Receipt Bank Comparison

95% 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

Webexpenses

Expense Management Software

4.3 1,259 user ratings

Get Free Advice

Receipt Bank

Expense Management Software

4.5 1,532 user ratings

Get Free Advice

Overview

Description

Webexpenses is a travel and expense management software that offers its users a system to manage their expenses digitally. With the help of its expense management option, users can track their expenses easily. Along with this, it also helps users to build their claims within seconds. The application comes with advanced workflow and control alongside ERP integration, which makes it more user friendly. Users can also utilize the provided business tools like airline discounts and missed travel recouping for booking or managing their corporate travels. Besides this, the software enables its users to process their invoices by using the account payable automation option. Thus, it helps to eliminate the stress of paper-chase and manual data entry. The software also has the options for online transactions and reimbursement, which can help its users to transfer funds throughout the world. Additionally, there is another option to audit the expenses which contribute supplementary protection to the software's automatic checks and lower the risks of overpaying. Read more

Receipt Bank is a paperless expense management platform that connects accountants, bookkeepers, and businesses all around the world. It has the highest accuracy of any cloud app when scanning critical details from papers. Your clients can send you documents in a variety of ways, including through app, email, post, and more, with Receipt Bank. They send reminders to your clients' phones regularly to assist them to stay on top of their spending. All photos and collected data are saved in the cloud in a secure and compliant manner. Client data can be exported to CSV, PDF, or published to their cloud platform, along with an image. Its practice efficiency features allow you to have a better understanding of your firm's overall performance while also saving time. You can boost productivity by devoting time formerly spent on customer paperwork to other areas of the company. Furthermore, you will be able to engage with your client frequently about their business via in-app live discussion on specific things supplied and costs. Read more

Pricing Options

Free Trial Not Available
Starts at $3461.00. Offers Custom plan.

Free Trial Available
Offers Custom plan.

SW Score & Breakdown

95% 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

100%
Reviews

92%
Momentum

67%
Popularity

83%

Features

Total Features	14 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. Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports 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. 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. 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 + 11 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 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. 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. 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	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	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.3/5 1,259 user ratings	4.5/5 1,532 user ratings
Rating Distribution	Excellent 48.4% Very Good 40.6% Average 8.7% Poor 1.4% Terrible 1%	Excellent 76.4% Very Good 14% Average 0.9% Poor 1.1% Terrible 7.5%
User Sentiments	Ease of use, Mobile App Functionality, Receipt Management, Fast Expense Reimbursements System Glitches and Crashes, Complicated Mileage Tracking, Limited Offline Functionality, Lack of Integration with other tools	Accurate Data Extraction, Time-Saving Efficiency, Seamless Integrations with Accounting Software, User-Friendly Mobile App Occasional Data Extraction Errors, Limited Invoice Fetch Functionality, Lack of Sales Invoice Processing, Confusing Client Account Management
Review Summary	Overall, WebExpenses receives positive reviews from users, with many praising its ease of use, comprehensive features, and helpful customer support. Reviewers appreciate the software's intuitive interface, which simplifies expense tracking and management. The wide range of features, including customizable expense categories, receipt capture, and integration with accounting systems, is also a major selling point. Additionally, users find the customer support team to be responsive and knowledgeable. However, some users have reported occasional glitches and bugs, as well as a need for more robust reporting capabilities.	Receipt Bank is generally well-received by users, earning praise for its user-friendly interface, OCR technology, and seamless integration with accounting software. Reviewers find it efficient in organizing and categorizing receipts, saving time and reducing manual data entry. Additionally, the mobile app is lauded for its convenience in capturing receipts on the go. However, some users have reported occasional technical glitches and suggest improvements in invoice processing and customer support. Overall, Receipt Bank is considered a reliable and efficient tool for managing receipts, helping businesses streamline their expense management processes.
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Starts at $3461.00. Offers Custom plan.	Free Trial Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Basic $3,461.00 $3,461.00 per month Custom Custom	Streamline Custom Optimize Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Concur Expense 4.1 7,044 ratings Webexpenses Vs Concur Expense Expensify 4.6 4,422 ratings Webexpenses Vs Expensify ExpenSys 3.2 268 ratings Webexpenses Vs ExpenSys Access Expense 4.3 10 ratings Webexpenses Vs Access Expense Coupa Expense Management 4.3 126 ratings Webexpenses Vs Coupa Expense Management	Expensify 4.6 4,422 ratings Receipt Bank Vs Expensify aCloud Expense 4.4 12 ratings Receipt Bank Vs aCloud Expense Capture Expense Receipt Bank Vs Capture Expense Access Expense 4.3 10 ratings Receipt Bank Vs Access Expense Webexpenses 4.3 1,259 ratings Receipt Bank Vs Webexpenses
	View All Webexpenses Alternatives	View All Receipt Bank Alternatives