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Expense Management Software

Expense Management Software is finance and accounting software that will help you quickly enter your reimbursement claims for expenses incurred during your professional activity.

Expense Management : related categories

Our selection of 55 expense management software

Virtual Benefits Administrator

Revolutionize Benefits Administration Effortlessly

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Streamline your expense management with our software. Track expenses, automate approvals, and generate reports with ease.

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Our software simplifies expense management by providing real-time tracking and customizable approval workflows. Generate detailed reports to analyze spending trends and improve budgeting.

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Zoho Expense

Streamlined Expense Management Software for Businesses

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4.7
Based on +200 reviews
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Streamline your business expenses with this top-rated expense management software. Track, approve, and reimburse with ease.

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Say goodbye to manual expense reporting processes. With this software, you can automate expense tracking, categorization, and approval workflows, ensuring accuracy and efficiency. Plus, with real-time insights and reporting, you'll have full visibility into your company's spending habits.

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Advanced Vendor Management

Streamline Procurement with Vendor Management Tools

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Streamline vendor management with advanced expense tracking, automated approval workflows, and real-time reporting.

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With Advanced Vendor Management, you can easily manage vendor relationships, track expenses, and automate approval workflows. The software provides real-time reporting, customizable dashboards, and the ability to set custom alerts and notifications. Say goodbye to manual processes and hello to streamlined vendor management.

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Xpans

Digital solution to manage your profesional expenses

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Paid version from €4.00 /month

Streamline expense management with automated workflows and real-time visibility into spending.

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Xpans simplifies the expense management process by automating workflows and offering real-time visibility into spending. Its intuitive interface allows for easy expense tracking, approval, and reimbursement, while its robust reporting capabilities provide valuable insights into company spending trends.

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Benefits of Xpans

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Tickelia

Streamline Expense Management with Innovatory Tools

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4.3
Based on 8 reviews
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Streamline expenses with this cloud-based solution. Track, submit, and approve expenses with ease. Simplify expense management.

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Say goodbye to manual expense reporting. Tickelia's cloud-based software allows for easy tracking, submitting, and approving of expenses. With real-time data and automated workflows, your expense management process will be simplified, saving you time and money.

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Odoo Expenses

Streamline Expense Management for Businesses

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4.3
Based on 15 reviews
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Streamline your expense management with a user-friendly software that automates expense reporting, approval, and reimbursement.

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Say goodbye to tedious manual expense management tasks and hello to a streamlined process with this software. It simplifies the entire process, from capturing receipts and creating expense reports to approving and reimbursing expenses. It also integrates with your accounting software for seamless bookkeeping.

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Datev Reisekosten classic

Streamline Travel Expenses Management Efficiently

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Pricing on request

Streamline expense management with our software. Submit and approve expenses easily, track spending, and generate reports effortlessly.

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Say goodbye to manual expense tracking. Our software simplifies the process by allowing users to enter expenses on-the-go, attach receipts, and submit them for approval. Managers can approve or reject expenses with a click, and generate reports in seconds. Stay on top of your spending and save time with our expense management software.

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Lexware reisekosten

Streamlined Travel Expense Management Software

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Pricing on request

Simplify expense management with software that tracks expenses, generates reports, and automates approval processes.

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With this software, users can easily upload receipts, categorize expenses, and get real-time insights into travel costs. The automated approval process helps save time and eliminates errors, while the intuitive dashboard makes it easy to stay on top of expenses.

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SD-Reisekosten

Streamline Your Travel Expense Management

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Pricing on request

Streamline your expense management with software that simplifies tracking, approval, and reimbursement.

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This SaaS solution offers a user-friendly interface for submitting expenses, customizable approval workflows, and real-time analytics for better financial insights. Plus, it integrates seamlessly with your accounting software.

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Infinity Ztravel

Streamline Corporate Travel Management Effortlessly

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Pricing on request

Manage expenses efficiently with this cloud-based software. Streamline expense reporting, approvals, and reimbursements with ease.

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With our expense management software, Infinity Ztravel, you can easily track expenses, set approval workflows, and automate reimbursements. Our cloud-based platform ensures easy access and collaboration, while our intuitive interface makes it simple for employees to submit expenses and managers to approve them.

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Sarce travel

Streamline Corporate Travel Management Effectively

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Pricing on request

Streamline expense management with automated tracking, approvals, and reporting.

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Our software simplifies the expense management process, from receipt capture to reimbursement. With real-time tracking and customizable approval workflows, you can easily manage expenses and ensure compliance. Plus, our reporting tools offer valuable insights to help you make informed decisions.

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Otto

Streamline Payroll Management Efficiently

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5.0
Based on 1 reviews
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Manage expenses efficiently with this SaaS software. Track spending, approve requests, and generate reports easily.

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With this expense management software, you can set budgets, categorize expenses, and manage reimbursements. Its user-friendly interface simplifies the process, and its mobile app makes it easy to manage expenses on-the-go.

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Numilia

Advanced Financial Management for Streamlined Efficiency

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Streamline expense tracking and reporting with automated processes and real-time data insights.

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Numilia's expense management software offers a user-friendly interface, customizable expense categories, and integration with major accounting systems. Manage expenses with ease and gain valuable insights into spending trends and areas for optimization.

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Exaccta Xpens

Effortless Expense Management for Agile Teams

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Streamline expense management with automated tracking, real-time reporting, and intuitive user interface.

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Say goodbye to manual expense tracking and reporting with Exaccta. Our software simplifies expense management with automated tracking, real-time reporting, and an intuitive user interface. Get visibility into your expenses and streamline your reimbursement process.

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easyap

Streamline Invoicing with Automated Accounts Payable

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Streamline expense management with ease. Automate expense reports, approvals, and reimbursements.

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Say goodbye to manual expense tracking. With easyap, you can easily capture receipts, categorize expenses, and generate reports. The software integrates with popular accounting systems, making it easy to stay on top of your finances. Plus, automated approval workflows and reimbursement processes save time and reduce errors.

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Sabbatic

Optimize Expense Management for Professionals

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Automate expense tracking and approval, streamline reimbursement process, and gain real-time visibility into spending with this cloud-based software.

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With its intuitive interface and customizable workflows, this expense management software simplifies expense tracking for employees and managers alike. Features include receipt scanning, automated approval routing, and integration with popular accounting software.

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Solmicro

Comprehensive ERP Solutions for Businesses

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Streamline your business expenses with software that automates data entry, tracks expenses, and generates reports.

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Eliminate the headache of manual expense tracking by using our software to easily upload receipts, categorize expenses, and get real-time insights into your spending. Plus, our customizable reporting options make it easy to analyze data and make informed decisions.

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Okticket

Streamline Expense Management with Ease

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Streamline expense management with this powerful software. Track expenses, automate approvals, and gain valuable insights into spending patterns.

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Say goodbye to manual expense reports and hello to efficiency. With this software, you can easily upload receipts, set spending limits, and receive notifications when expenses need approval. Plus, with detailed analytics, you can identify areas for cost savings and optimize your budget.

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nomastickets

Streamlined Event Management for Ticketing Excellence

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Simplify expense management with this software. Track expenses, automate approvals, and generate reports easily.

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This software offers a user-friendly interface that helps you track expenses from anywhere. With automated approvals, you can ensure expenses comply with company policies. Generate detailed reports to gain insights into spending patterns and make informed decisions.

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Olivia

Streamlined Chatbot Software for Enhanced Engagement

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4.5
Based on 4 reviews
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Pricing on request

Streamline your expense management process with our software. Track expenses, automate approvals, and generate detailed reports all in one place.

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With our expense management software, you can easily capture receipts, categorize expenses, and assign them to specific projects or clients. Our approval workflows ensure that expenses are reviewed and approved quickly, while our reporting features provide valuable insights into spending trends and cost savings opportunities.

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Expense Management software: purchase guide

What is Expense Management Software?

Definition

With Expense Management Software you can immediately submit claims for professional expenses to the person in charge of validating them (manager, accountant, manager, etc.), saving time and money.

Requests are then validated in expense reports and expenses are reimbursed.

How Does it Work?

Cloud-based Expense Management Solutions work in two ways.

First, it is an HR portal or a mobile application (smartphone and tablet) that allows your employees to record their business expenses:

  • Complete a reimbursement claim form.
  • Add a supporting document (invoice or ticket photo).
  • Send the request to the person in charge for approval.

The director, manager,  or HR manager of a small business has an IT tool to manage the requests received:

  • Via a Web browser (or a mobile device), it accesses a dashboard on which it has a global view of requests. 
  • One by one, it examines each request: whether or not it accepts them.

An accepted note automatically triggers the employee's refund and the recording of the transaction in the company's general accounts.

Employees are notified automatically of the decision of their supervisor.

What are the main features of Expense Management Software?

The main features of expense management software include:

  • Entering expense reports
  • The management of supporting documents
  • The request for reimbursement
  • Refund validation
  • Payments management
  • Expense archiving
  • Spend management

Free or paid expense management software is increasingly accompanied by mobile apps that allow you to take a picture of the invoice that will accompany the refund request. Some software programs even offer to complete the expense report in advance by recognizing the words and numbers on the invoice (OCR technology).

Other valuable features allow you to save significant time in your business expense management and reimbursement process. Among them:

  • Management of travel expenses in real-time (mileage, mission expenses, etc.), URSSAF fees, etc.
  • Accounting exports (CSV, PDF).
  • Recognition of bank data.
  • Definition of approval workflow (single or multi-level) and follow-up of requests.
  • The offline mode of mobile applications.
  • Etc.

On the application dashboard, you can access graphs, performance indicators (KPIs), and reports to monitor and analyze your business expenses by type, category, etc.

Who uses expense management software?

A self-employed entrepreneur or a small company (very small, small SMEs, startups) does not necessarily need an HR solution dedicated to expense reports. Accounting software is sufficient to manage the few expense reports: record the accounting entry, write it on the employee's pay statement, or send them to the accountant.

A larger structure (ETI, large company) has every interest in having an expense report tool to help HR, financial and accounting departments save time and productivity.

What are the benefits of using expense management software?

Expense management software simplifies the time-consuming process of managing business expenses. Cross-functional, it is beneficial to almost all functions. However, it has some disadvantages.

Advantages

  • No need to manage paper expense reports, everything is scanned and managed with a configurable and intuitive application.
  • You process your employees' expenses more quickly and no longer capitalize part of your cash flow at the beginning of the month to reimburse expense advances.
  • This management tool streamlines some time-consuming administrative tasks related to personnel management. It improves the company's accounting management and project management (costs can be charged to certain tasks or projects).
  • This software improves sales management and customer relations: actual costs are automatically used as supporting documents for certain quotes and invoices sent to customers.
  • The software is fully integrated with time tracking, business travel management and business travel tools.
  • It ensures perfect tracking of the costs incurred.

Disadvantages

  • Employees may be tempted to turn all their purchases into expense reports. Within a large organization, the HR manager will have difficulty filtering all requests to identify relevant requests
  • To be effective, the tool must be compatible with the majority of software used in the company: online invoicing software, ERP, project management, accounting, payroll, other management applications. Some organizations will prefer to use a full HRIS rather than a stand-alone solution whose integration may be problematic

How to Choose an Expense Management Software?

Choosing the right expense management solution requires improving the working conditions of all employees:

  • Employees must be able to enter their claim and create their expense reports easily. They must also be able to check their balance/expense account.
  • Managers and accounting administration must be able to validate expenses quickly, consolidate monthly amounts to be reimbursed and create accounting data without reentering data.

The cost of an expense management solution should also be considered. This generally varies according to the number of users or monthly notes to be processed.

The Latest Trend: The Expense Card

Some software companies such as Spendesk are revolutionizing the expense report by eliminating expense advances with their expense report cards.

This is an IT solution that combines the functionalities listed above, but also offers a personal Mastercard style payment card (physical and virtual) distributed to employees.

Employees no longer have to make expense advances. They pay directly with their company's business card up to the limit of available credit. The employee is managed by the HR manager who can better manage the resources of his company.

To find out everything you need to know about managing reimbursements, discover our guides on expense management.

Expense Management softwares: Q&A

How does expense management software work?

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Expense management software automates the process of tracking, submitting, and approving employee expenses. It allows employees to capture receipts and submit expense reports, while managers can review and approve expenses before reimbursement. The software can integrate with accounting systems to simplify financial reporting.

What features should I look for when looking for expense management software?

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Look for software that offers real-time expense tracking, automated receipt capture, customizable approval workflows, and mobile accessibility. Additional features that may be beneficial include integrations with accounting software, expense policy enforcement, and analytics and reporting capabilities.

What are the benefits of expense management for my company?

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Expense management software can help your company save time and money by streamlining the expense reporting process, reducing errors and fraud, and providing visibility into spending patterns. It can also ensure compliance with company policies and regulatory requirements.

What are the best expense management software options?

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The best expense management software options vary depending on your company's specific needs and budget. Some popular options include Expensify, Concur, and Zoho Expense. Each offers unique features such as receipt scanning capabilities, customizable approval workflows, and mobile accessibility.

What are the free expense management software alternatives I could try?

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Some free expense management software alternatives include Wave, Shoeboxed, and Neat. These options offer basic expense tracking and reporting features, but may not include more advanced features such as automated approval workflows or integrations with accounting software. It's important to carefully evaluate your needs before selecting a free option.