Shlomi Lavi /
May 31, 2022
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Bottom Line: Which is Better - Expense Reports or ExpensePoint?
ExpensePoint is more expensive to implement (TCO) than Expense Reports, and ExpensePoint is rated higher (78/100) than Expense Reports (62/100). Expense Reports offers users more features (5) than ExpensePoint (0).
Looking for the right Expense Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Nexonia Inc. Vs. ExpensePoint
Nexonia Inc.: The company has a powerful blend of talented professionals with over 25 years of experience in time & expense systems, customer support systems, software architecture, business management and leading-edge open source systems.
ExpensePoint: ExpensePoint fully automates your employee expense report process. ExpensePoint allows employees to create, submit, approve and process expense reports online from anywhere in the world. Take a picture of receipts and expenses are automatically created by ExpensePoints Receipt Reader system.
Who is more expensive? Expense Reports or ExpensePoint?
The real total cost of ownership (TCO) of Expense Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Expense Reports and ExpensePoint.
Expense Reports price starts at $12 per user/month , On a scale between 1 to 10 Expense Reports is rated 2, which is much lower than the average cost of Expense Management software. ExpensePoint price starts at $8.50 per user/month , When comparing ExpensePoint to its competitors, the software is rated 4 - lower than the average Expense Management software cost.
Bottom line: ExpensePoint is more expensive than Expense Reports.
Which software includes more/better features?
We've compared Expense Reports Vs. ExpensePoint based on some of the most important and required Expense Management features.
Expense Reports: Basic Reports, Data Import/Export, Online Customer Support, Workflow, Time Tracking.
ExpensePoint: We are still working to collect the list of features for ExpensePoint.
Target customer size
Customers of the software include businesses of all sizes without any restriction on industrial affiliation. and ExpensePoint's target customer size include: Small, medium and large size businesses.