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Concur VS Fyle

Compare Concur VS Fyle and see what are their differences

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Concur logo Concur

Automated travel and expense management - your employees, travel managers and finance, too.

Fyle logo Fyle

Track expenses across devices on-the-go and maintain a central repository. With custom approval flows, automatic policy violation detection and an automated audit trail, be audit-ready at all times!
  • Concur Landing page
    Landing page //
    2021-12-14
  • Fyle Landing page
    Landing page //
    2023-08-20

Concur

Website
concur.com
Pricing URL
Official Concur Pricing
$ Details
-
Platforms
-
Release Date
-
Edit details

Fyle

Website
fylehq.com
Pricing URL
Official Fyle Pricing
$ Details
paid $4.99 / Monthly (Billed based on monthly active users)
Platforms
iOS Mac OSX Android Windows iPhone Google Chrome Chrome OS Slack GMail Browser
Release Date
2016 January
Startup details
Country
India
State
Karnataka
City
Bengaluru
Founder(s)
Sivaramakrishnan Narayanan
Employees
10 - 19
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Concur features and specs

  • Comprehensive Expense Management
    Concur offers a robust platform for managing travel and expenses, facilitating streamlined reporting and approval workflows which improve organizational efficiency.
  • Integration Capabilities
    Concur integrates seamlessly with various ERP systems, accounting software, and other business tools, enhancing data accuracy and consistency across platforms.
  • Mobile Accessibility
    The mobile app allows users to capture receipts, manage expenses, and approve reports on-the-go, greatly increasing accessibility and convenience.
  • Automated Processes
    Automation features such as automatic expense report generation from receipts and travel itineraries save time and reduce manual data entry efforts.
  • Compliance and Policy Enforcement
    Concur helps enforce corporate travel policies and compliance with regulations, reducing the risk of errors and policy violations.

Possible disadvantages of Concur

  • Cost
    The platform can be quite expensive, especially for small to mid-sized businesses, due to subscription fees and implementation costs.
  • Complexity
    The system can be complex to set up and configure, requiring significant time and resources for proper implementation and customization.
  • User Interface
    Some users find the user interface to be less intuitive and not as user-friendly, which may lead to a steeper learning curve.
  • Customer Support
    There have been reports of inconsistent customer support experiences, which can be frustrating when needing timely assistance for issues.
  • Customization Limitations
    Certain aspects of the platform may have limited customization options, which can be a drawback for businesses with very specific needs or processes.

Fyle features and specs

  • User-Friendly Interface
    Fyle offers an intuitive and easy-to-navigate interface, making it accessible for users of all technical skill levels.
  • Real-Time Expense Tracking
    Users can capture and track expenses in real-time using Fyle's mobile app, thereby reducing the risk of missing receipts or late submissions.
  • Integration Capabilities
    Fyle integrates with popular accounting and ERP systems like QuickBooks, Xero, and NetSuite, improving workflow efficiency.
  • Automated Receipt Scanning
    The platform offers OCR technology to auto-scan receipts and extract relevant data, saving time and reducing manual entry errors.
  • Advanced Reporting
    Fyle provides robust reporting features, allowing finance teams to generate detailed reports and gain insights into company expenses.
  • Policy Compliance
    Customizable policy settings ensure that expense submissions adhere to company policies, thereby minimizing non-compliant expenses.
  • Scalability
    Designed to accommodate growing businesses, Fyle can scale from small teams to larger organizations without a hitch.

Possible disadvantages of Fyle

  • Cost
    Fyle’s pricing may be considered high for smaller businesses or startups with limited budgets.
  • Learning Curve for Advanced Features
    While the interface is user-friendly, mastering all of the advanced features and integrations may take some time.
  • Customer Support
    Some users have reported slow response times from customer support, which can be an issue in urgent situations.
  • Limited Customization for Reports
    Though reporting features are advanced, there may be limitations in customizing the reports exactly to specific business needs.
  • Mobile App Performance
    Users have reported occasional glitches and slow performance in the mobile app, which can hinder real-time expense tracking.
  • Feature Overload
    For smaller organizations, the extensive range of features may be overwhelming and more than what is necessary.

Analysis of Concur

Overall verdict

  • Concur is generally considered a good solution for businesses looking to streamline and automate their travel and expense processes. It is trusted by companies of different sizes and industries.

Why this product is good

  • Concur is a widely used travel and expense management platform that offers features such as automated expense reporting, travel booking, and invoice management. It integrates well with various financial and business systems, enhancing efficiency and accuracy in managing expenses.

Recommended for

  • Large enterprises with complex travel and expense needs
  • Companies seeking integration with existing financial systems
  • Businesses aiming to improve compliance and reporting capabilities
  • Organizations with a high volume of business travel

Analysis of Fyle

Overall verdict

  • Fyle is a reliable and efficient tool for managing expenses, particularly useful for businesses looking to automate and simplify their expense management processes. Its user-friendly interface and robust feature set make it a strong contender in the expense management software market.

Why this product is good

  • Fyle is considered good because it offers an intuitive expense management solution designed for businesses of all sizes. It provides features like real-time expense tracking, seamless integrations with accounting software, automated receipt scanning using AI, and powerful policy compliance tools. These capabilities help streamline financial processes, reduce manual work, and ensure accuracy in expense reporting.

Recommended for

  • Small to medium-sized businesses seeking an efficient way to handle employee expenses.
  • Organizations that require seamless integration with existing accounting systems.
  • Companies looking to automate and enforce expense policies with real-time tracking and alerts.
  • Businesses interested in leveraging AI for accurate receipt scanning and data extraction.
  • Teams that need a scalable solution to manage expenses as they grow.

Concur videos

+ Add

Concur Travel, Expense, and Invoice Overview

More videos:

  • Review - SAP Concur Overview for beginners
  • Demo - Concur Solutions Overview Demonstration

Fyle videos

+ Add

Intuit Circles Startup Series Ft. FYLE

More videos:

  • Review - Fyle for Gmail
  • Review - Expense data extraction from email receipts with Fyle
  • Demo - Track expenses from anywhere with Fyle

Category Popularity

0-100% (relative to Concur and Fyle)

Concur

Fyle

Hospitality & Travel
100 100%
Hospitality & Travel
0% 0
Expense Tracking
22 22%
Expense Tracking
78% 78
HR
100 100%
HR
0% 0
Expense Management And Reporting
0 0%
Expense Management And Reporting
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Concur and Fyle

Concur Reviews

We have no reviews of Concur yet.
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Fyle Reviews

  1. Akhono Seleyi
    · Working at Fyle ·
    Multiple option for expense reporting

What are some alternatives?

When comparing Concur and Fyle, you can also consider the following products

FinancialForce HCM - FinancialForce.com provides cloud back-office applications for Salesforce CRM.

Expensify - Import expenses directly from a credit card to create free expense reports quickly. Approve reports online and reimburse directly to a checking account with one click.

StarGarden HCM - StarGarden HCM is an integrated HR and Payroll software with workflow automation tools.

Spendesk - Smart spending solution for agile teams

Vibe HCM - Vibe HCM is a recruiting and employee engagement platform.

Zoho Expense - Automate your expense reporting process and streamline the approval flow.

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