Software Alternatives, Accelerators & Startups

Fyle VS ITILITE

Compare Fyle VS ITILITE and see what are their differences

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!

ITILITE logo ITILITE

Join 300+ businesses that trust us with their corporate travel and expense management needs and attain a 30% reduction in your T&E spends.
  • Fyle Landing page
    Landing page //
    2023-08-20
  • ITILITE Landing page
    Landing page //
    2023-08-29

ITIILITE is a travel and expense management platform with advanced features. It solves the major business travel challenges for both employers and employees with intuitive travel bookings, automated reimbursements, granular policies, AI-based analytics, customized reporting, and more. ITILITE is a G2 Best Software Award winner of 2022 in the Accounting and Finance category. ITILITE is a fully integrated business travel booking and expense reimbursement solution that dramatically reduces spending while keeping employees safe and happy. Also, with a wide range of travel inventory of flights, accommodations, trains, etc., ITILITE offers a variety of travel options for business travel that can be accessed easily on the interactive bookings window. Moreover, the integrated travel and expense platform reduces manual effort and facilitates error-free processes.
ITILITE also offers 24/7 customer support over call, chat, or email, even on weekends and holidays. Try ITILITE for free by getting a demo now.

Fyle

Website
fylehq.com
$ 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

ITILITE

$ Details
paid Free Trial $9.99 (Per-trip Pricing)
Platforms
Browser Android iOS
Release Date
2017 May
Startup details
Country
India
State
Karnataka
City
Bengaluru
Founder(s)
Anish Khadiya
Employees
100 - 249

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.

ITILITE features and specs

  • Trip Cost Predictor
  • Dynamic Policy Integration
  • Personalized Booking Options
  • Multi Stop Trips
  • Managed Travel Bookings
  • Off Market Rates
  • Travel Insights
  • Rewards
  • Auto Scan Receipts
  • Custom Reports
  • Standard and Custom Dashboards
  • Mileage Reimbursements
  • Instant Fraud Detection

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.

Fyle videos

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

ITILITE videos

ITILITE

More videos:

Category Popularity

0-100% (relative to Fyle and ITILITE)
Expense Tracking
91 91%
9% 9
Expense Management And Reporting
Travel Expense Management
Expense Reporting
100 100%
0% 0

User comments

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Reviews

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

Fyle Reviews

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

ITILITE Reviews

We have no reviews of ITILITE yet.
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What are some alternatives?

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

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.

Dice.tech - All-in-one Spend Management

Spendesk - Smart spending solution for agile teams

Happay Expense Management - Happay is a management software that provides automated business expense module that helps companies in tracking and improving the employee process and calculate the expenses for generating significant revenue for the business.

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

TravelPerk - Corporate Travel Management