Here\u2019re some of the must-have features that you will get with the best expense management solutions. Let\u2019s have a look:<\/p>\n\n\n\n
- \n
- Travel Expense Management:<\/strong> If a company reimburses the work-related travel expenses of an employee, it needs the best travel expense management software<\/a>. One can customize the approval hierarchy for reimbursement requests and take care of approvals as well.<\/li>\n<\/ul>\n\n\n\n
- \n
- Employee Expense Management:<\/strong> Employees can be empowered with the best employee expense management software. They will be able to easily reimburse whatever amount they have spent with the help of travel expense software. Now one can track their expenses and approve other requests on time with the help of notifications and alerts.<\/li>\n<\/ul>\n\n\n\n
- \n
- Telecom Expense Management:<\/strong> Accurate telecom expenses of your employees can be calculated with the help of the best telecom expense management software. You can also track and manage expenses for data and voice services with this software.<\/li>\n<\/ul>\n\n\n\n
- \n
- Expense Report Management:<\/strong> Expense reports can save a lot of time as they are easy and efficient in themselves. One can submit all the expenses in one form and further automate the reporting process using travel expense report software. One can also set limits for spending a particular amount and also set an expiration period. Add custom fields and opt for notifications in the best expense report management software.<\/li>\n<\/ul>\n\n\n\n
<\/span>List of 10 Best Travel & Expense Management Software <\/span><\/h2>\n\n\n\n
- \n
- Zento<\/a><\/li>\n\n\n\n
- Fyle<\/a><\/li>\n\n\n\n
- Keka<\/a><\/li>\n\n\n\n
- Happay<\/a><\/li>\n\n\n\n
- JSM Technologies<\/a><\/li>\n\n\n\n
- Concur<\/a><\/li>\n\n\n\n
- Finly<\/a><\/li>\n\n\n\n
- Expensify<\/a><\/li>\n\n\n\n
- Easyform<\/a><\/li>\n\n\n\n
- Zoho<\/a><\/li>\n<\/ul>\n\n\n\n
- \n
<\/span>Zento<\/span><\/span><\/h3><\/li>\n<\/ul>\n\n\n
\n![\"Zento](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/Zento-300x163.png\")
<\/figure><\/div>\n\n\nZento travel expense management software allows employees to manage their business travel expenses in a hassle-free manner. They can easily submit travel receipts, check the reimbursement status and even reconcile expense claims and reimbursement on a single dashboard.<\/p>\n\n\n\n
Further, managers need not track down expense data to approve the claim, as software\u2019s dashboard gives a quick view of all the expenses in a filtered and arranged manner. It is as helpful for employees as it is for employers.<\/p>\n\n\n\n
Key Features<\/strong><\/p>\n\n\n\n
- \n
- Handling\nrequest for advance payment <\/li>\n\n\n\n
- Expense\napproval with a single click<\/li>\n\n\n\n
- Strict\nsecurity controls<\/li>\n\n\n\n
- You\ncan easily attach receipts for claim.<\/li>\n<\/ul>\n\n\n\n\n\n<\/i><\/div>\n\n
- \n
- It has a feature of approval process control.<\/li>\n
- Reimbursement management module is available.<\/li>\n
- Spend control option is there.<\/li>\n
- Spend control option is there.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n \n<\/i><\/div>\n\n
- \n
- This software can\u2019t incorporate multi-currency calculations.<\/li>\n
- Receipt management module is not present.<\/li>\n
- Time tracking<\/a> feature is not available.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
Bottom line:<\/strong> It is as helpful for employees as it is for employers.<\/em><\/p>\n\n\n\n
- \n
<\/span>Fyle<\/span><\/span><\/h3><\/li>\n<\/ul>\n\n\n
\n![\"Fyle](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/Fyle.png\")
<\/figure><\/div>\n\n\nWith Fyle expense management software<\/a>, managers will no longer have to chase employees for their expense receipts to prepare expense reports. One of the most interesting things about Fyle is its AI-powered data extraction feature.<\/p>\n\n\n\n
This feature extracts data from receipts and cross check it with company\u2019s expense policy. If there is any violation in terms of the pre-set policy, expense claims are not approved. And Fyle\u2019s powerful integration with third-party software like Microsoft Dynamics, Netsuite, QuickBooks is icing on the cake.<\/p>\n\n\n\n
Key Features<\/strong><\/p>\n\n\n\n
- \n
- Approval workflows<\/li>\n\n\n\n
- Travel requests & advances<\/li>\n\n\n\n
- Real-time expense reporting<\/li>\n\n\n\n
- Accurate data and insights<\/li>\n\n\n\n
- Direct data extraction from receipts.<\/li>\n<\/ul>\n\n\n\n\n\n<\/i><\/div>\n\n
- \n
- This SaaS based software provides cost-effective subscription options.<\/li>\n
- Fyle can also be used on android and iOS mobile phones.<\/li>\n
- Webinars and online trainings are available.<\/li>\n
- 24×7 live support is present.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n \n<\/i><\/div>\n\n
- \n
- This software cannot be installed in Mac devices.<\/li>\n
- In-person trainings are not available.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
Bottom Line<\/strong>: With Fyle, it becomes easy to track expenses, manage receipts and approvals and increase financial productivity. It automatically extracts data from all kinds of receipts. <\/em><\/p>\n\n\n\n
- \n
<\/span>Keka<\/span><\/span><\/h3><\/li>\n<\/ul>\n\n\n
\n![\"Keka](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/Keka.png\")
<\/figure><\/div>\n\n\nKeka developers understand that company expenses are a menace to manage and therefore, their payroll software<\/a> comes with the expense management module. Their expense manager for PC<\/a> module allows an employee to group all their expenses into one batch.<\/p>\n\n\n\n
After that they can submit the same to the manager for approval. Once the submission has been made, it can be tracked by the employee until the expenses are reimbursed.<\/p>\n\n\n\n
Key Features<\/strong><\/p>\n\n\n\n
- \n
- Easy\nreceipt capture<\/li>\n\n\n\n
- Expense\napproval policies<\/li>\n\n\n\n
- Setup\nmileage rates<\/li>\n\n\n\n
- Per\ndiem payment based on the days of assignment<\/li>\n\n\n\n
- Cost\ncenters for expense reports<\/li>\n<\/ul>\n\n\n\n\n\n<\/i><\/div>\n\n
- \n
- It is a cloud-based software that ensures data security.<\/li>\n
- Modules of this expense management software can be customized according to your needs.<\/li>\n
- The software also has a mobile app to ensure expense claim and reimbursement on the go.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n \n<\/i><\/div>\n\n
- \n
- It doesn\u2019t have an app for iOS.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
Bottom Line:<\/strong> One can group all their expenses into a single batch and then submit the same to the manager for approval. After submission, it can be tracked by the employee until the expenses are reimbursed.<\/em><\/p>\n\n\n\n
- \n
<\/span>Happay<\/span><\/span><\/h3><\/li>\n<\/ul>\n\n\n
\n![\"happay](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/happay.png\")
<\/figure><\/div>\n\n\nHappay employee expense management system<\/a> empowers employees to report expenses digitally and allows managers to give approvals online. However, the software has more to offer other than expense management. <\/p>\n\n\n\n
- It doesn\u2019t have an app for iOS.<\/li>\n <\/ul>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n
- Fyle<\/a><\/li>\n\n\n\n
- Zento<\/a><\/li>\n\n\n\n
- Expense Report Management:<\/strong> Expense reports can save a lot of time as they are easy and efficient in themselves. One can submit all the expenses in one form and further automate the reporting process using travel expense report software. One can also set limits for spending a particular amount and also set an expiration period. Add custom fields and opt for notifications in the best expense report management software.<\/li>\n<\/ul>\n\n\n\n
- Telecom Expense Management:<\/strong> Accurate telecom expenses of your employees can be calculated with the help of the best telecom expense management software. You can also track and manage expenses for data and voice services with this software.<\/li>\n<\/ul>\n\n\n\n
- Employee Expense Management:<\/strong> Employees can be empowered with the best employee expense management software. They will be able to easily reimburse whatever amount they have spent with the help of travel expense software. Now one can track their expenses and approve other requests on time with the help of notifications and alerts.<\/li>\n<\/ul>\n\n\n\n
![\"JSM](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/JSM-.png\")
<\/figure><\/div>\n\n\n![\"concur](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/Sap-concur.png\")
<\/figure><\/div>\n\n\n![\"Finly](\"https:\/\/cdn.techjockey.com\/blog\/wp-content\/uploads\/2018\/08\/Finly.png\")
<\/figure><\/div>\n\n\n