Open Collective

About Open Collective

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.

Screenshots & Videos

Pricing

Free Trial Not Available
Offers Free-forever and Custom plan.
View Detailed Pricing

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)

API Support

Available

Modes of Support

Online

Open Collective Features

Show Feature Explanation

Show Missing Features

Expense Management Features

Card Spending Tracker

Automatically tracks the expense done using a linked debit or credit card.

Bank Feed Sync

Can sync with bank notification and fetch expenses to make entries in the record book.

Receipt Management

Store and manage receipts of the expenses incurred by the employees.

Spend Control

To reduce spending and prevent unauthorized use by setting transactional control.

Third-party Integration

Offers synchronization with third-party applications

Multi-level Approval

A sequential and thorough review process to approve expenses.

Reconciliation Summary

A statement prepared to report total outstanding payments and receipts.

Tax Claim

Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.

Receipt Scanner

OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.

Multiple Reporting Currency

Reports entries from different origin currencies in the native exchange rate.

Reimbursement Management

Helps in managing employee expenses claims and regularize the approval process.

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

Time & Expense Tracking

Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects

Open Collective Pricing

Free Trial

Not available

Pricing Options

Freemium ( Limited Features )

Premium Plans ( Open-source / Subscription )

Pricing Plans

For Collectives Free

Features

Unlimited access to all features
No fees if you hold money in your own bank account
Host fees may apply depending on your host

For Fiscal Hosts Custom

Features

0$ Platform Fees (on incoming contributions)
0$ Payout Fees (on outgoing payments)
Fundraising capabilities
Manually add funds from other channels
Manually add funds from other channels
Communication tools
Transparency and open finances tools
Expense payouts in local currency with one-click using the TransferWise integration.

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 24/03/2021 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Open Collective Pricing