Fyle Review - why 4.5 stars?

Fyle Review
ITQlick Score: 85/100
ITQlick Rating: (4.5/5)
Pricing: 2.8/10 - low cost
Category: Expense Management -> Fyle
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: Apr 24, 2022

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What is Fyle and its features?

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.

What is Fyle rating?

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.

Who uses Fyle?

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

Is it easy to use?

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

Is Fyle 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.

Is Fyle the best Expense Management system?

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

What are Fyle's pros? (3 Pros)

  • Fyle is capable of automatically capturing information from saved images
  • Fyle supports multiple currencies
  • Frequently used vendors are populated automatically within the software

What are Fyle's cons? (2 cons)

  • This software does not show author of comments made on submitted bills as of yet
  • There is a limited user ability to define specific processes in this software for now

Who are their main alternatives?

Popular alternatives to Fyle: Replicon WebExpense, Expensify, Shoeboxed, SpringAhead, Nexonia Expense Reports, Coupa Expense Management, Chrome River EXPENSE, Zoho Expense, Itemize, ExpensePoint. The full list of competitors can be found here.

What is the cost of Fyle?

The cost of license starts at $4.99 per user/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.8 out of 10 (10 is most expensive). You can find here the REAL total cost breakdown for Fyle. You can also find here pricing information from Fyle's website.

What should you ask Fyle during a demo session? (65 questions)

Schedule a demo with Fyle and access 65 must ask questions for the vendor while watching Fyle in action.

Where Fyle is used?

Fyle is designed for small, medium, and large-sized profit and non-profit organizations from across various industries. It is especially fit for organizations that are looking to use automated data extraction software. Innovation Core SEI, OneWind, Freshworks, and Royal Enfield are some of the customers that this software caters for.

List of categories

Accounts Receivable
Expense Tracking
Workflow Management

Fyle Vs. Alternatives

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
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.