15 Best Expense Report Software for Small Businesses in 2023 N

Are you tired of spending countless hours manually inputting and organizing expense reports? Well, it’s time to change the story because there are many excellent expense report software programs out there that can make the process much easier for you.

This article will explore the 15 best expense report software options small businesses should look out for in 2023. We have included their key features, pricing, and pros to help you make an informed decision.

What is Expense Report Software?

Expense report software streamlines the process of managing individuals’ or organizations’ expenses by automating the manual and time-consuming tasks involved in tracking and processing expenses.

This expense management solution typically includes features such as expense tracking, receipt capture, automatic categorization of expenses, integration with accounting systems, and customizable reporting.

The software automates the expense review and approval process, ensuring compliance with company policies and government regulations. If an expense exceeds a predetermined limit, the software can flag the expense and send it to a manager for review.

Using expense report software can help businesses reduce errors, minimize fraud, and save time and resources associated with manual expense tracking and reporting.

It can also give managers real-time visibility into employee spending, helping them make informed decisions and enforce spending policies.

Why is expense report important for small businesses?

Expense report software can greatly benefit small businesses by simplifying expense management processes and providing greater visibility into spending.

Features like real-time expense tracking, customizable policies, and automated approval workflows help small businesses stay on top of expenses, ensure compliance with policies and regulations, and prevent fraud.

Small businesses can save time, reduce costs, and grow more effectively by implementing expense report software.

Overall, expense report software provides improved financial visibility, accurate record-keeping, easy reimbursement, and compliance with regulations, making it a critical tool for small businesses’ success.

Here are the 15 Best Expense Report Software for Small Businesses in 2023

These software solutions are designed to meet the needs of small businesses, providing robust features and functionality at an affordable price point.

Whether you’re a solopreneur or managing a small team, these software solutions can help you to take control of your expenses and grow your business.

1. Ramp

Image of Ramp's Home Page

Ramp expense management software is designed to help small business owners better manage their corporate expenses, reduce costs, and increase visibility into their spending.

Ramp is one of the best expense management software with features such as automated expense tracking, real-time insights into company spending, and customized spending controls.

As one of the best free employee expense-tracking software, the platform offers several key features.

Key Features:

  • Expense Management: Ramp offers robust expense management solutions, allowing businesses to track expenses and manage their budgets efficiently. Users can scan receipts, categorize expenses, and set up approval workflows.
  • Corporate Cards: Ramp provides users with corporate cards that can be used to make purchases on behalf of the business. It also offers features such as spending limits, real-time transaction tracking, and the ability to set up virtual cards for online purchases.
  • Financial Insights: Ramp provides users with real-time financial insights, allowing them to monitor their cash flow, track spending trends, and identify areas where they can save money.
Image of Ramp page showing their All-in-one expense management tools

Pros:

  • Cost-effective: Ramp’s pricing is transparent and affordable, making it accessible for businesses of all sizes and budgets.
  • Integration: Ramp integrates with various other business tools, including accounting software, expense management tools, and ERP systems.
  • Savings: Ramp helps businesses save money by providing real-time financial insights and identifying areas where they can cut costs.
  • Support: Ramp provides users with a range of support options, including phone, email, and chat support, as well as an extensive knowledge base.

Pricing:

Image showing Ramp offers an unlimited free plan

Free Plan – (Ramp offers an unlimited free plan).

2. Zoho Expense

Image of the home page of Zoho Expense site

Zoho Expense is cloud-based expense management software that simplifies the expense reporting process for businesses.

It provides tools for tracking and managing business expenses, including automated expense tracking, receipt management, and travel expense management. The software is part of the Zoho suite of business software products.

Key Features:

  • Automated expense tracking: Zoho Expense automatically captures expenses from credit card transactions and receipts and categorizes them for easy tracking.
  • Receipt management: Zoho Expense allows users to snap their receipts and automatically extract data from them, eliminating the need for manual data entry.
  • Expense approval workflows: Zoho Expense provides customizable workflows for expense approvals, ensuring that expenses are reviewed and approved by the appropriate parties before being reimbursed.
  • Travel expense management: Zoho Expense offers tools for managing travel expenses, including booking travel, tracking expenses, and generating travel reports.
  • Integration with accounting software: Zoho Expense integrates with popular accounting software, such as QuickBooks and Xero, for seamless expense management and accounting.
Image Zoho's page showing several functionalities available

Pros:

  • Effective process automation: Zoho’s excellent automation process helps to simplify managing business expenses.
  • Optical Character Recognition (OCR) Technology: Streamlines receipt management through OCR technology.
  • Customizable workflows: This makes managing expenses more effective.
  • System integration: Seamlessly integrates with popular accounting software for easy expense management and accounting.

Pricing:

Image of Zoho's pricing plan
  • Free: For small businesses to track expenses.
  • Standard Plan: $3 monthly per user (If billed annually).
  • Premium Plan: $5 monthly per user (If billed annually).
  • Enterprise Plan: $8 monthly per user (If billed annually).

3. Tallie

Tallie's home page to access the basic information about the expense report software

Tallie is designed to make the expense reporting process easier and more efficient for businesses. It allows users to upload receipts using their mobile devices, email, or by drag and drop from their computer.

The software uses OCR technology to automatically read and capture data from the receipts, minimizing the need for manual data entry.

The system then creates an expense report with the captured data, which the user can review and edit before submission.

Key Features:

  • Receipt Management: Tallie allows users to capture and store receipts electronically, reducing the need for paper receipts. It uses OCR technology to read and capture data from the receipts automatically, minimizing manual data entry.
  • Expense Report Creation: Tallie creates expense reports automatically based on the data captured from receipts. Users can edit and review the expense report before submitting it for approval.
  • Approval Workflows: Tallie offers customizable approval workflows, allowing businesses to set up approval processes based on their needs. Approvers can approve, reject, or request changes to expense reports.
  • Integration with Accounting Software: Tallie integrates with popular accounting software such as QuickBooks, Xero, and NetSuite, allowing easy data transfer between systems.
  • Mobile App: Tallie offers a mobile app that allows users to capture and upload receipts on the go. The app is available for both iOS and Android devices.
Page showing how small businesses' key information sites and features

Pros:

  • Automated receipt capture and expense report creation.
  • Customizable approval workflow: Tallie’s customizable approval workflows allow businesses to set up approval processes.
  • Integration with Accounting Software.
  • Mobile App: Tallie’s mobile app allows users to capture and upload receipts on the go, increasing convenience and flexibility.

Pricing:

Pricing information for all the offered plans
  • Basic Accounting: $90 per month.
  • Cash Control: $160 per month.
  • Enterprise Plan: $350 per month.

4. Emburse Certify Expense

Emburse Certify Expense home page. Picture of ladies holding a tablet and phone

Emburse Certify Expense is a Web-based solution that allows businesses to manage expenses from receipt capture to reimbursement.

It automates the expense report creation process, enabling employees to submit expenses from any device easily.

The software integrates with popular accounting systems, making it easier for businesses to track expenses and generate reports.

Key Features:

  • Receipt Management: Emburse Certify Expense allows users to capture receipts using mobile devices or email. The software extracts data from receipts using OCR technology, minimizing manual data entry.
  • Automatic expense report creation: Emburse Certify Expense automatically creates expense reports based on the data extracted from receipts. Users can review and edit expense reports before submitting them for approval.
  • Approval Workflows: Emburse Certify Expense offers customizable approval workflows, enabling businesses to configure their approval processes based on their requirements. Approvers can approve, reject, or request changes to expense reports.
  • Integration with Accounting Software: Emburse Certify Expense integrates with popular accounting systems such as QuickBooks, NetSuite, and Sage Intacct. This allows for seamless data transfer between systems, reducing the need for manual data entry.
  • Mobile App: Emburse Certify Expense offers a mobile app that enables users to capture and upload receipts on-the-go.
The home page of Certify (emburse). Image showing a man and woman looking at information on tablet.

Pros:

  • Ease of Use: Emburse Certify Expense is user-friendly, making it easy for employees to submit expenses and for managers to approve them.
  • Time-Saving: The software automates the expense report creation process, minimizing manual data entry and saving time.
  • Customizable Approval Workflows: Emburse Certify Expense offers customizable approval workflows, enabling businesses to set up approval processes based on their specific requirements.

Pricing:

Pricing plans of certify (emburse)
  • Certify Now!: $12 per user/month.
  • Professional: Monthly Customized Pricing (Available on request).
  • Enterprise: Annual Fixed Customized Pricing (Available on request).

5. Expensify

Expensify home page shows a man taking the picture of a receipt and an image of a laptop

Expensify is a cloud-based solution that automates the expense reporting process for businesses. The software allows employees to submit expense reports quickly and accurately and provides managers with tools to approve and monitor expenses.

Expensify also integrates with accounting systems, such as QuickBooks and Xero, making managing business expenses easy.

Key Features:

  • Receipt Capture and Management: Expensify allows users to capture receipts using their mobile devices or by forwarding receipts to a designated email address. The software extracts important data from receipts using OCR technology, reducing the need for manual data entry.
  • SmartScan Technology: Expensify’s SmartScan feature captures and categorizes receipt information automatically, reducing the need for manual categorization. SmartScan also flags duplicates and detects fraudulent expenses.
  • Expense Report Creation: Expensify automatically creates expense reports based on the data extracted from receipts. Users can add additional expenses or edit existing expenses before submitting the report for approval.
  • Approval Workflows: Expensify offers customizable approval workflows, allowing businesses to set up rules for expense approvals. Managers can approve or reject expenses, and they can add comments or request additional information if needed.
  • Integration with Accounting Software: Expensify integrates with popular accounting software like QuickBooks and Xero, making exporting expense data to accounting systems easy.
  • Mobile App: Expensify’s mobile app allows users to manage expenses on-the-go. Users can capture receipts, create and submit expense reports, and track the status of their reports from their mobile devices.
Some of the platforms that can integrate with Expensify

Pros:

  • User-friendly: Expensify’s user-friendly interface makes it easy for employees to submit expenses and for managers to approve them.
  • Automated reporting process: The software automates the expense reporting process, minimizing the time spent on manual data entry and report creation.
  • Automated approval workflow: Expensify allows businesses to create approval workflows that match their specific requirements.
  • Integration system: Expensify’s integration with popular accounting software makes transferring expense data to accounting systems easy.
  • Mobile App: Expensify’s mobile app provides users with the flexibility to manage expenses on-the-go.

Pricing:

Pricing of Expensify plans
  • Free Plan: 0$ (Expensify Card, Reimburse Expenses, Send Invoices, Pay Bills).
  • Collect Plan: $10 monthly per user (When billed annually).
  • Control Plan: $18 monthly per user (When billed annually).
  • Track (Individuals & Self-Employed) – Free.
  • Submit (Individuals & Self-Employed) – Free.

6. Rydoo

Rydoo's home page showing expense reports on a phone and tablet

Rydoo is a user-friendly and customizable expense management platform and solution that simplifies business expense reporting.

The software automates the entire expense reporting process, from capturing receipts to reimbursing employees.

Rydoo is suitable for businesses of all sizes and integrates with popular accounting software like QuickBooks and Xero.

Key Features:

  • Expense Management: This feature allows users to easily submit, approve, and track expenses in real-time, including receipts, expense categories, project allocation, and more. It also supports custom expense policies and approval workflows.
  • Travel Management: Rydoo provides end-to-end travel management, including booking flights, hotels, and ground transportation. It allows users to set up travel policies and approvals and provides real-time data on travel expenses.
  • Mobile App: The Rydoo mobile app enables users to manage their travel and expenses on-the-go, capture receipts with their phone’s camera, and submit expense reports directly from their device.
  • Reporting and Analytics: This feature provides powerful reporting and analytics tools that allow users to analyze travel and expense data, identify trends and areas for improvement, and make data-driven decisions.
  • Integrations: Rydoo integrates with various accounting and ERP systems, such as SAP, Oracle, and Microsoft Dynamics, to streamline data transfer and improve accuracy.
  • Compliance and Security: Rydoo complies with GDPR and features secure data encryption, user authentication, and ISO 27001-certified data centers to protect sensitive data.
  • Multi-Currency and Multi-Lingual: Rydoo supports multiple currencies and languages, making it easy for companies with a global presence to use the software.
Functionalities of the Rydoo expense report software

Pros:

  • Highly user-friendly: Rydoo’s interface is designed to be user-friendly and easy to navigate.
  • Automated approval workflow: Rydoo allows businesses to create approval workflows that match their specific requirements.
  • Automated reporting process: The software automates the expense reporting process, minimizing the time spent on manual data entry and report creation.
  • Excellent travel management features: Rydoo’s travel management feature provides users with the ability to book and manage travel expenses within the software.

Pricing:

Pricing information of Rydoo plans
  • Essentials: $10 monthly per user. (If billed annually).
  • Pro: $12 monthly per user. (If billed annually).
  • Enterprise Plan: Customized Pricing (Available on request).

7. ExpensePoint

ExpensePoint home page showing expense report on a laptop and phone

ExpensePoint is Web-based expense management software that simplifies expense reporting for businesses of all sizes.

In addition to being an excellent expense tracking software, it provides an intuitive interface that allows users to capture receipts, create expense reports, and submit them for approval.

ExpensePoint integrates with popular accounting software, such as QuickBooks and Xero, making it easy to transfer expense data to accounting systems.

Key Features:

  • Receipt Management: ExpensePoint allows users to capture receipts using their mobile devices, email, or by uploading them directly to the software. The software uses OCR technology to extract essential data from receipts, reducing the need for manual data entry.
  • Expense Report Creation: ExpensePoint automatically creates expense reports based on the data extracted from receipts. Users can add additional expenses or edit existing expenses before submitting the report for approval.
  • Approval Workflows: ExpensePoint offers customizable approval workflows, allowing businesses to set up rules for expense approvals. Managers can approve or reject expenses, and they can add comments or request additional information if needed.
  • Credit Card Integration: ExpensePoint integrates with significant credit card providers, allowing users to import expenses directly from their statements.
  • Mileage Tracking: ExpensePoint allows users to track their mileage and calculate reimbursements based on the current mileage rate.
  • Mobile App: ExpensePoint’s mobile app allows users to manage expenses on-the-go. Users can capture receipts, create and submit expense reports, and track the status of their reports from their mobile devices.
Key features of ExpensePoint expense report software

Pros:

  • Customizable Approval Workflows: ExpensePoint allows businesses to create approval workflows that match their specific requirements.
  • Operational efficiency: The software minimizes the time spent on manual data entry and report creation.
  • System Integration: ExpensePoint’s credit card integration feature provides users with the ability to import expenses directly from their credit card statements.
  • ExpensePoint’s mileage tracking feature: This allows users to track their mileage and calculate reimbursements based on the current mileage rate.

Pricing:

Pricing information of ExpensePoint

Customized pricing (available on request).

8. Happay

Happay home page showing a tablet and phone

Happay is a comprehensive expense management platform and solution that enables businesses to manage their expenses seamlessly.

It offers a user-friendly interface, which makes it easy for businesses to track and control expenses, automate reimbursements, and monitor employee spending.

Happay aims to help businesses achieve greater visibility and control over their expenses while also providing employees with a hassle-free expense management experience.

Key Features:

  • Expense Tracking: Happay allows businesses to track expenses in real-time, making it easy for employees to submit expense reports and for managers to review and approve them.
  • Automated Reimbursements: Happay offers automated reimbursement processing, which helps to reduce the time and effort required to manage expense reimbursements.
  • Policy Compliance: Happay ensures that all expenses comply with company policies, reducing the risk of fraud and errors.
  • Mobile App: Happay provides a mobile app that allows employees to submit expenses on the go easily and managers to review and approve expenses from anywhere.
  • Analytics and Reporting: Happay provides detailed analytics and reporting, enabling businesses to gain insights into their spending patterns and make informed decisions.
Features of the Happay Travel and Expense Management Software

Pros:

  • Easy to Use: Happay offers a user-friendly interface, making it easy for both employees and managers to use.
  • Automation: Happay automates many aspects of the expense management process, reducing the time and effort required to manage expenses.
  • Real-time Expense Tracking: Happay allows businesses to track expenses in real-time, making it easy for employees to submit expense reports and for managers to review and approve them.
  • Cost-effective: Happay offers a range of pricing plans, making it affordable for businesses of all sizes.

Pricing:

How to schedule for a demo of the Happay software

Customized Pricing, Free Trial, Quotation Based (Available on request)

9. Navan (formerly TripActions)

Home page of Navan showing expense reports on tablet and phone

Navan is a comprehensive travel and expense management solution that helps businesses manage their corporate travel programs.

It offers a range of features such as booking and travel management, expense tracking and reporting, and compliance and risk management.

Navan aims to simplify the travel booking process, reduce travel expenses, and give businesses greater visibility and control over travel spending.

Key Features:

  • Travel Booking: Navan offers a user-friendly platform for booking flights, hotels, and rental cars, which simplifies the booking process for both travelers and travel managers.
  • Travel Management: Navan provides a comprehensive travel management solution, enabling businesses to manage all aspects of their corporate travel programs.
  • Expense Tracking and Reporting: Navan allows businesses to track travel expenses in real-time, making it easy for employees to submit expense reports and for managers to review and approve them.
  • Compliance and Risk Management: Navan ensures that all travel bookings comply with company policies and regulations, reducing the risk of fraud and errors.
  • Mobile App: Navan provides a mobile app that allows travelers to easily book and manage their travel and managers to monitor and approve travel bookings from anywhere.
Features of the Navan Expense management software

Pros:

  1. Easy to Use: Navan offers a user-friendly interface, making it easy for both travelers and managers to use.
  2. Comprehensive Travel Management: Navan provides a comprehensive solution for managing all aspects of corporate travel programs, reducing the need for multiple tools and platforms.
  3. Cost Savings: Navan helps businesses reduce travel expenses through its negotiated rates and automated expense tracking and reporting.
  4. Customization: Navan offers customizable policies and reporting features, enabling businesses to tailor the solution to their specific needs.

Pricing:

How to contact the Navan's sales department for pricing.

Customized Pricing (Available on request).

10. Zaggle

Home page of Zaggle shows a lady pointing expense report table

Zaggle is one of the best expense management software and employee engagement platform that offers a range of solutions to help businesses streamline their expense management processes and boost employee productivity.

It offers features such as expense tracking, corporate cards, rewards and recognition programs, and a digital wallet. Zaggle aims to simplify the expense management process, promote employee engagement, and improve business outcomes.

Key Features:

  • Corporate Cards: Zaggle provides corporate cards that allow employees to make business purchases while giving businesses greater control over their expenses.
  • Rewards and Recognition: Zaggle offers rewards and recognition programs that help businesses incentivize employees and boost engagement.
  • Digital Wallet: Zaggle offers a digital wallet that allows employees to make online purchases and pay bills securely and conveniently.
  • Expense Tracking: Zaggle allows businesses to track expenses in real-time, making it easy for employees to submit expense reports and for managers to review and approve them.
  • Integration: Zaggle integrates with popular accounting and ERP software, enabling businesses to streamline their expense management processes.
Features and solutions of Zaggle

Pros:

  • Employee Engagement: Zaggle offers rewards and recognition programs that can help businesses boost employee engagement and retention.
  • Cost Savings: Zaggle helps businesses reduce expenses through its corporate card program and automated expense tracking and reporting.
  • Customization: Zaggle offers customizable policies and reporting features, enabling businesses to tailor the solution to their specific needs.
  • Security: Zaggle offers robust security features to protect against fraud and cyber threats, giving businesses peace of mind.

Pricing:

How to contact Zaggle for pricing information

 Customized Pricing (Available on request).

11. SAP Concur

Home page of SAP Concur. It shows a team working on laptops and tablets

SAP Concur is a leading travel and expense management solution that offers the entire expense management process needed to manage an organization’s travel programs effectively.

It provides solutions for travel booking, expense tracking and reporting, compliance and risk management, and invoice management.

SAP Concur aims to simplify travel and expense management, reduce costs, and provide businesses with greater visibility and control over their expenses.

Key Features:

  • Expense Tracking and Reporting: SAP Concur allows businesses to track expenses in real-time, making it easy for employees to submit expense reports and for managers to review and approve them.
  • Compliance and Risk Management: SAP Concur ensures that all travel and expense bookings comply with company policies and regulations, reducing the risk of fraud and errors.
  • Invoice Management: SAP Concur offers a comprehensive solution for managing supplier invoices, streamlining the invoice approval process, and improving cash flow.
  • Mobile App: SAP Concur provides a mobile app that allows travelers to easily book and manage their travel and managers to monitor and approve travel bookings and expenses from anywhere.
Features of SAP Concur

Pros:

  • Customization: SAP Concur offers customizable policies and reporting features, enabling businesses to tailor the solution to their specific needs.
  • Integration: SAP Concur integrates with popular accounting and ERP software, enabling businesses to streamline their travel and expense management processes.
  • Cost Savings: SAP Concur helps businesses reduce travel and expense costs through its negotiated rates and automated expense tracking and reporting.
  • Scalability: SAP Concur can be easily scaled up or down to meet the changing needs of businesses as they grow or adjust their travel and expense management programs.

Pricing:

Concur expense self-guided demo

Customized pricing (available on request)

12. Freshbooks

Home page of Freshbooks. It shows a man looking at his phone

FreshBooks is an accounting software designed for small business owners and self-employed individuals.

It offers features such as invoicing, time tracking, expense management, project management, and financial reporting.

FreshBooks aims to simplify accounting tasks, help businesses get paid faster, and provide greater insight into their financial health.

Key Features:

  • Invoicing: FreshBooks allows businesses to create professional-looking invoices, send them to clients, and track payments in real-time.
  • Time Tracking: FreshBooks offers a time tracking feature that enables businesses to track billable hours, manage projects, and generate accurate invoices.
  • Expense Management: FreshBooks makes it easy to track expenses, categorize them, and attach receipts, simplifying the expense management process.
  • Project Management: FreshBooks allows businesses to manage projects, assign tasks, and collaborate with team members, streamlining project workflows.
  • Financial Reporting: FreshBooks provides a range of financial reports, including profit and loss statements, balance sheets, and cash flow statements, giving businesses greater insight into their financial health.
Key features of Freshbooks

Pros:

  • User-Friendly: FreshBooks is easy to use, with a user-friendly interface that makes it simple for businesses to manage their finances.
  • Customizable: FreshBooks offers customizable invoicing templates and expense categories, enabling businesses to tailor the solution to their specific needs.
  • Time-Saving: FreshBooks automates many accounting tasks, reducing the time businesses spend on manual data entry and paperwork.
  • Integration: FreshBooks integrates with popular accounting and payment processing software, enabling businesses to streamline their financial workflows.
  • Customer Support: FreshBooks offers excellent customer support, with a dedicated support team available to answer questions and resolve issues.

Pricing:

Pricing information of the available plans

13. ITILITE

Home page of ITILITE

ITILITE is a travel and expense management software designed to help companies manage their business travel and expenses.

It provides features that make travel and expense management easy. ITILITE aims to simplify the travel and expense management process, reduce costs, and improve compliance.

Key Features:

  • Travel Booking: ITILITE offers a travel booking platform that allows businesses to book flights, hotels, and other travel arrangements, all in one place.
  • Expense Tracking: It provides tools for tracking expenses, capturing receipts, and submitting expense reports, streamlining the expense management process.
  • Policy Compliance: ITILITE ensures compliance with company travel policies by providing real-time policy checks, approvals, and alerts.
  • Reporting: It provides advanced reporting features, including expense analytics and dashboards, allowing businesses to gain insights into their travel and expense data.
Features of  ITILITE. Phone and payment card pictures displayed

Pros:

  • User-Friendly: ITILITE is easy to use, with a user-friendly interface that makes it simple for businesses to manage their travel and expenses.
  • Customizable: It allows businesses to set up custom travel policies and approval workflows, enabling them to tailor the solution to their specific needs.
  • Cost-Effective: ITILITE helps businesses save costs by providing access to negotiated rates for flights, hotels, and other travel arrangements.
  • Integration: It integrates with popular accounting and HR software, enabling businesses to streamline their financial workflows.
  • Customer Support: ITILITE offers excellent customer support, with a dedicated support team available to answer questions and resolve issues.

Pricing:

Pricing information of  ITILITE's plans
  • Travel Plan: $9.99 per trip
  • Expense Plan: $4.99 per user (when billed monthly)

14. Sage Intacct

Home page of Sage Intacct. It shows a partial picture of expense report on phone and tablet

Sage Intacct is a cloud-based financial management and accounting software designed for small to mid-sized businesses.

It offers a range of features that help businesses streamline their financial operations, gain insights into their finances, and improve their overall financial management.

Key Features:

  • Financial Management: Sage Intacct provides comprehensive financial management tools that enable businesses to manage their finances more efficiently. This includes features such as accounts payable, accounts receivable, general ledger, and cash management.
  • Automation: The software automates many financial processes, reducing the time and effort required for manual tasks. This includes automated billing, revenue recognition, and bank reconciliation.
  • Customization: Sage Intacct allows businesses to customize the software to fit their specific needs. Users can create custom dashboards, reports, and workflows to manage their finances better.
  • Collaboration: The software enables collaboration between team members, with real-time data visibility and sharing. This helps to improve communication and ensure everyone is working towards the same financial goals.
  • Integration: Sage Intacct integrates with various other business applications, including CRM systems, payroll software, and e-commerce platforms. This allows businesses to streamline their operations and reduce manual data entry.
Features available for small businesses

Pros:

  • Scalability: Sage Intacct is designed to grow with your business, allowing adding new features and users as needed.
  • Cloud-Based: Being a cloud-based solution, Sage Intacct provides easy accessibility from anywhere, as long as you have internet access. Also, businesses do not have to worry about maintaining servers or software updates.
  • Robust Reporting: The software provides comprehensive reporting features, giving businesses access to real-time data and insights into their finances.
  • Streamlined Processes: With its automation features, Sage Intacct can help businesses streamline their financial processes, saving time and effort.
  • Customer Support: Sage Intacct provides excellent customer support, with dedicated account managers and online resources to help users make the most of the software.

Pricing:

How to start a free trial. Image of a man and woman and a tablet.

Free trial available; Custom Pricing (Available on request).

15. Quickbooks

Home page of Quickbooks. Image of a laptop

QuickBooks is a popular accounting software package developed and marketed by Intuit. It is designed for small and medium-sized businesses to help manage their financial operations.

QuickBooks provides a range of features to assist with tasks such as invoicing, billing, expense tracking, financial reporting, and more.

Key Features:

  • Bookkeeping: QuickBooks offers powerful bookkeeping features, allowing businesses to manage their finances efficiently. It allows users to track income and expenses, manage bills and payments, and reconcile bank accounts. It also offers features such as budgeting, forecasting, and inventory management.
  • Invoicing: QuickBooks allows users to create and send invoices to customers, making it easier to manage payments and track outstanding balances. It also offers features such as payment reminders and recurring invoices, streamlining the invoicing process.
  • Payroll Management: QuickBooks simplifies payroll management by automating tasks such as calculating taxes, generating pay stubs, and filing payroll taxes. It also offers features such as direct deposit, time tracking, and employee benefits management.
  • Financial Reporting: QuickBooks provides users with various financial reporting options, allowing them to generate reports such as profit and loss statements, balance sheets, and cash flow statements. It also allows users to customize reports and track key performance indicators.
Features of a laptop

Pros:

  • User-friendly: QuickBooks is designed to be user-friendly, with an intuitive interface and easy-to-use features.
  • Comprehensive: QuickBooks offers a wide range of features, making it a comprehensive business accounting tool.
  • Integration: QuickBooks integrates with various other business tools, including payment processors, time-tracking tools, and CRM systems.
  • Cost-effective: QuickBooks offers a range of pricing plans, making it accessible for businesses of all sizes and budgets.
  • Support: QuickBooks provides users with a range of support options, including phone, email, and chat support, as well as an extensive knowledge base.
Quickbooks' pricing information

Pricing:

Quickbooks' pricing information based on available plans
  • Simple Start: $5.10 per month
  • Essentials Plan: $7.80 per month
  • Plus Plan: $10.80 per month

Executive Summary

In today’s fast-paced business world, using expense report software is essential for small businesses to manage their expenses efficiently.

With the right software, businesses can easily track and categorize expenses, automate processes, and generate reports for accounting and tax purposes.

This article showcases some of the best expense report software options available for small businesses in 2023, making it easier for them to choose the best option for their needs.

However, it is essential to note that each business has unique needs and priorities, and what works for one may not work for another. Therefore, it is crucial to thoroughly research and evaluate the available options before making a final decision.

This can involve taking advantage of free trials or demos, speaking with customer support representatives, and seeking feedback from other small business owners.

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