Shlomi Lavi /
Oct 17, 2022
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Bottom Line: Which is Better - Shoeboxed or Expensify?
Expensify is more expensive to implement (TCO) than Shoeboxed, and Expensify is rated higher (86/100) than Shoeboxed (85/100). Shoeboxed 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:
Shoeboxed Vs. Expensify
Shoeboxed : Shoeboxed is the easiest way to streamline accounting, bookkeeping and tax prep, allowing users to spend less time on paperwork and more time doing what they love.Go paperless and send us documents in one of our prepaid envelopes, through our free online and desktop uploaders, via email or with one of our free mobile apps.Your data is secured by SS...
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? Shoeboxed 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 Shoeboxed and Expensify.
Shoeboxed price starts at $18 per month , On a scale between 1 to 10 Shoeboxed 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: Shoeboxed cost is around the same cost of Expensify.
Which software includes more/better features?
We've compared Shoeboxed Vs. Expensify based on some of the most important and required Expense Management features.
Shoeboxed: Tax compliance, Core Accounting, Accounting & Finance, Document Management, Expense Management.
Expensify: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
The software is most suitable for small businesses and is equipped enough to regulate all the financial issues of small business managers. Customers of the software include businesses of all sizes and types.