Fyle Review - why 4.5 stars?

Fyle Review
ITQlick Score: 85/100
ITQlick Rating:
Pricing: 2.8/10 - low cost
Category: Expense Management -> Fyle review
Ranking:Ranked 5 out of 31 Expense Management systems
Company: Fyle
Pricing: starts at $4.99 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Cloud
Links: Fyle pricing, Fyle alternatives
Shlomi LaviShlomi Lavi / updated: Oct 24, 2022

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What is Fyle?

Fyle is a cloud-based accounting software that allows administrators to manage accounting policies with respect to department and employee level, as well as allotting secondary approvers in the event of a policy violation by an employee. It also enables them to oversee advances such as raised requests, refunds, as well as determining the projects that are assigned cash advances.

The main features of Fyle include automated OCR, searchable receipt storage, custom data extraction, and approval workflow automation. Fyle is a privately owned computer software company that has its base in Bengaluru, Karnataka, India. Founded in 2016; Fyle currently has within 50 employees.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

Fyle pricing is based on its subscription plans: Standard, Business, and Enterprise. No free trial or plan is available. Fyle Standard pricing starts at $4.99/active user/month, billed annually, with a minimum of five users. The plan covers expense tracking, personal card management, and a universal statement parser.

Fyle Business pricing begins at $8.99/active user/month, billed annually, with a minimum of ten users. The plan covers everything in Standard plus corporate card management, fraud & duplicate detection, and employee behavior. Fyle Enterprise pricing is undisclosed, and it covers everything in Business plus branded accounts & emails, and half-yearly business reviews.

ITQlick pricing score is 2.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Fyle. You can also find here pricing information from Fyle's website.

Pros

  • Fyle is a feature-rich expense management solution
  • The software is relatively easy to learn and use
  • Fyle offers a variety of support channels for its users

Cons

  • Fyle has a minimum user requirement for each of its subscription plans
  • The software has so many features that they could end up being underutilized

How it stacks up?

Access a head to head analysis of Fyle vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Fyle
ITQlick rating
4.5/5
Score
85/100
Pricing
2.8/10
License pricing
$4.99 per user/month
Functionality
3
Review
Compare
Replicon...
ITQlick rating
3.5/5
Score
88/100
Pricing
3/10
License pricing
$4 per user/month
Functionality
4
Expensify
ITQlick rating
4.4/5
Score
86/100
Pricing
2.8/10
License pricing
$5 per user/month
Functionality
5
Shoeboxed
ITQlick rating
4.3/5
Score
85/100
Pricing
2.4/10
License pricing
$18 per month
Functionality
13
SpringAhead
ITQlick rating
5/5
Score
85/100
Pricing
6.6/10
License pricing
$125 per company/month
Functionality
3

Frequently Asked Questions (FAQs)

Is it the best Expense Management system?

Fyle is ranked 5 out of 31 software in their category (Expense Management systems).

How they are rated on ITQlick?

The rating of Fyle is 4.5 stars out of 5 and the total score is 85 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Fyle makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Fyle can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Fyle and alternatives?

The most popular alternatives to Fyle in 2024: Replicon WebExpense, Expensify, Shoeboxed, SpringAhead, Nexonia Expense Reports. Access the complete competitors analysis here - Fyle VS Expense Management Software alternatives.

Is Fyle right for you or your business?

Fyle is an expense management solution for businesses in construction, nonprofit, accounting, IT, and legal services. The software is a scalable option for small and large businesses. Clients that use Fyle include 3CX, Laguna, and Datacamp.

List of categories

Accounts Receivable
Expense Tracking
Workflow Management

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.