Shlomi Lavi /
Aug 23, 2022
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Bottom Line: Which is Better - Expense Reports or Expensify?
Expensify is more expensive to implement (TCO) than Expense Reports, and Expensify is rated higher (86/100) than Expense Reports (62/100). Expense Reports offers users more features (5) than Expensify (3).
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. Expensify
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.
Expensify: Expensify does "expense reports that don't suck!" by importing expenses and receipts from credit cards and mobile phones, submitting expense reports through email, and reimbursing everything online with QuickBooks and Direct Deposit.
Who is more expensive? Expense Reports or Expensify?
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 Expensify.
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. Expensify price starts at $5 per user/month , When comparing Expensify to its competitors, the software is rated 2 - much lower than the average Expense Management software cost.
Bottom line: Expense Reports cost is around the same cost of Expensify.
Which software includes more/better features?
We've compared Expense Reports Vs. Expensify 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.
Expensify: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
Customers of the software include businesses of all sizes without any restriction on industrial affiliation. Customers of the software include businesses of all sizes and types.