10 Best Expense Tracking Software Shortlist
There are so many different expense-tracking solutions out there, so selecting the best one can be tricky. You want to streamline the process for tracking and categorizing expenses, allowing for accurate financial analysis and reporting, and you need the right tool for your projects and team.
I've got you covered! In this post, I use my personal experience with expense tracking in large teams to review a curated list of the best expense tracking software.
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Best Expense Tracking Software Summary
This comparison chart summarizes pricing details for my top expense tracking software selections to help you find the best one for your budget and business needs.
| Tool | Best For | Trial Info | Price | ||
|---|---|---|---|---|---|
| 1 | Best for vendor expenses | Free demo available | Pricing upon request | Website | |
| 2 | Best for global teams | Free demo available | From $29/employee/month | Website | |
| 3 | Best for payroll-linked expense tracking | Free demo available | Pricing upon request | Website | |
| 4 | Best for automated expense reporting | 30-day free trial + free plan + free demo available | From $15/user/month + platform-based fee | Website | |
| 5 | Best for customizable approval workflows | Free demo available | From $5.20/user/month | Website | |
| 6 | Best for managing multi-entity expenses | Free plan available | From $25/month | Website | |
| 7 | Best for spend management | Free demo available | Pricing upon request | Website | |
| 8 | Best for travel expense tracking | Free plan available | Pricing upon request | Website | |
| 9 | Best all-in-one expense tracking | Free plan + demo available | Pricing upon request | Website | |
| 10 | Best for integrations | 14-day free trial available | From $3/user/month (billed annually) | Website |
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Creatio CRM
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.7 -
DealHub
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.7 -
LiveFlow
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.9
Best Expense Tracking Software Reviews
Below are my detailed summaries of the best expense tracking software that made it onto my shortlist. My reviews offer a detailed look at the key features, pros u0026amp; cons, integrations, and ideal use cases of each tool to help you find the best one for you.
Payouts is a financial platform that automates and optimizes global payouts and vendor management. It streamlines financial workflows, making it easier for businesses to handle vendor-related expenses efficiently.
Why I picked Payouts: Payouts offers automated invoice processing, reducing manual data entry and minimizing errors. Its intelligent invoice capture technology accurately extracts data from invoices in any format, speeding up processing times and ensuring accuracy. This feature is particularly beneficial for tracking vendor-related expenses, as it ensures all invoices are processed promptly and correctly. Additionally, Payouts provides real-time spend visibility through comprehensive dashboards and custom reports. This allows you to monitor your expenses as they occur, giving you better control over your cash flow and enabling informed financial decisions.
Payouts Standout Features and Integrations:
Features include flexible approval workflows that you can customize to match your business needs, ensuring that all vendor payments are properly authorized before processing. The collaborative vendor portal enhances communication by allowing vendors to submit invoices directly and check payment statuses, reducing the administrative burden on your team. Payouts also supports diverse payment options, including traditional bank transfers, eWallets, and cryptocurrencies, offering flexibility in managing vendor payments across different platforms
Integrations include Everflow, CJ Affiliate, Awin, PayPal, Venmo, Payoneer, NetSuite, Priority, Workday, Skrill, and Tune.
Pros and Cons
Pros:
- Approval workflows for vendor payments
- Multiple payout methods
- Intelligent invoice capture and processing
Cons:
- Doesn't track non-vendor-related expenses
- Potential challenges integrating with existing systems
Deel is a platform that helps businesses manage hiring, payroll, and compliance for global teams. It offers tools to handle contracts, payments, and tax regulations across different countries.
Why I picked Deel: Deel's expense management system lets you create custom expense categories and set specific limits for each. This means you can tailor expense policies to fit your company's needs, ensuring that spending stays within budget. Additionally, you can require receipts for expense submissions, adding an extra layer of oversight. Another useful feature is the ability to manage and approve expenses directly through the platform. Managers can review pending expenses, approve or deny them, and keep track of all expense records in one place.
Deel Standout Features and Integrations:
Features include the option to add mileage expenses using a built-in calculator that estimates costs based on distance and vehicle type. Deel also offers per diem expense calculations, allowing employees to claim daily allowances for business trips easily.
Integrations include Expensify, QuickBooks, Google Workspace, Slack, JIRA, HubSpot, BambooHR, Workday, Xero, Salesforce, Microsoft Teams, Zendesk, and Jira Software Cloud.
Pros and Cons
Pros:
- Customizable expense policies
- Offers diverse payment options
- Simplifies global hiring and payments
Cons:
- Occasional delays in payment processing
- No option for corporate spending cards
Paylocity is a comprehensive HR and payroll platform that also provides a robust expense management solution. Its built-in expense tracking system helps you manage reimbursements, capture receipts, and maintain compliance, all within the same environment you use for payroll and employee data. This makes it ideal for organizations that want unified financial oversight across HR and finance functions.
Why I picked Paylocity: I picked Paylocity because it blends expense tracking directly with payroll processing, which can save you hours each month. You can set custom expense policies, automate reimbursement approvals, and have approved expenses flow straight into payroll for faster processing. I also like that Paylocity’s AI tools automatically capture receipts and categorize transactions, so you can reduce manual entry and improve accuracy. Its mobile app adds even more convenience, letting you submit, review, or approve expenses from anywhere.
Paylocity Standout Features and Integrations
Standout features include AI-powered receipt capture, customizable approval workflows, and integrated fraud detection to ensure compliance. The platform also supports mileage tracking and card transaction imports, giving you full visibility into business spending.
Integrations include Indeed, Ironclad, Jira Software, OneTrust, PARiM, Rain, Tilt, Timeero, VICTIG, When, 15Five, and 401GO.
Pros and Cons
Pros:
- Direct integration with payroll
- Automated receipt capture and categorization
- Mobile app for real-time expense tracking
Cons:
- Pricing only available upon request
- Learning curve due to broad feature set
Ramp is an expense tracking software that simplifies financial management for businesses. It offers a suite of tools, including corporate cards and accounts payable, to simplify your expense processes.
Why I Picked Ramp: I chose Ramp because it automates expense reporting, saving you from manual entry by capturing and categorizing expenses for you. You also get real-time transaction monitoring to track spending as it happens and customizable approval flows to match your company’s needs, helping you stay on budget and keep processes moving smoothly.
Ramp Standout Features and Integrations:
Features include global payment support, which allows you to handle transactions in multiple currencies, making it ideal for businesses with international operations. Another feature is the quick implementation process, letting you get up and running in just 30 days. Plus, Ramp provides free tools like expense policy templates to help you manage your finances more effectively.
Integrations include NetSuite, Sage, Xero, QuickBooks, Microsoft Dynamics Business Central, Acumatica, Uber, Lyft, Okta, Google, Rippling, and Gmail.
Pros and Cons
Pros:
- Automated expense reporting and receipt matching
- Ability to issue multiple virtual cards with customizable controls
- Comprehensive reporting features
Cons:
- Could offer more advanced accounting features
- Mostly focuses on accounts payable and spend management
New Product Updates from Ramp
Ramp Adds Auto-Capture Receipts via Chrome Extension
Ramp has introduced a Chrome extension that automatically captures receipts from merchants like Amazon and Uber. These updates simplify expense tracking by automating receipt collection and matching during checkout. For more information, visit Ramp's official site.
Klippa SpendControl is a cloud-based solution designed to simplify how you handle business expenses. By automating the submission and approval processes, it reduces the time you spend on administrative tasks.
Why I picked Klippa SpendControl: I like its advanced OCR technology that allows you to capture and process receipts and invoices by simply taking a photo with your mobile device. The system extracts relevant data automatically, reducing errors and saving you time. Another valuable aspect is the customizable approval workflows. You can set up multi-level approval processes that align with your company's policies. This ensures that expenses are reviewed and approved by the right people, maintaining control and compliance.
Klippa SpendControl Standout Features and Integrations:
Features include automatic currency conversion, which handles expenses in different currencies by applying daily exchange rates or allowing you to set custom rates. The mileage tracking feature integrates with Google Maps, enabling you to accurately calculate and claim travel expenses. Additionally, the system offers fraud detection by identifying duplicate claims, helping you maintain financial integrity.
Integrations include AFAS Software, SAP, Exact Online, Odoo, Twinfield, Oracle Netsuite, Xero, Okta, QuickBooks, and Microsoft Entra ID.
Pros and Cons
Pros:
- Fraud detection through duplicate claim identification
- Customizable approval workflows
- OCR technology reduces manual data entry
Cons:
- Most integrations are add-ons
- Initial setup may require time
Slash is a financial platform that combines expense tracking with modern business banking. It lets you manage multiple entities, automate payments, and analyze spending across accounts—all from one dashboard. With features like unlimited virtual cards, real-time analytics, and crypto-to-fiat support, Slash gives finance teams a flexible and transparent way to monitor cash flow.
Why I picked Slash: I picked Slash because it gives you the ability to separate income and spending across distinct virtual accounts, making it easier to organize finances for different projects or entities. You also get real-time spending analytics that help you spot trends and manage budgets as they evolve. I especially like that Slash offers spend controls and FDIC-backed security, which means you can issue virtual and physical cards while maintaining control over limits, permissions, and access.
Slash standout features and integrations:
Features include multi-entity management to oversee several businesses from one account, developer-friendly APIs for automation, and secure user role controls to customize permissions. You can also convert between fiat and crypto, automate transfers, and access high-yield business accounts.
Integrations include Google Sheets, Notion, Airtable, Email, Webhook, Amplitude, Zapier, Slack, QuickBooks, NetSuite, Xero, and Zoho.
Pros and Cons
Pros:
- Comprehensive banking integrations
- Advanced spend control options
- Supports multiple income streams
Cons:
- Limited tutorial and onboarding content
- Lacks built-in invoicing tools
Airbase is a spend management platform that gives you high-level insight into how much your company is expensing and on what.
Why I picked Airbase: I like that it has features that allow you to proactively manage your expenses and spending. Instead of finding out about surprise expenses after they’ve occurred, you’ve got spend controls and rule-based expense policies to prevent them in the first place.
Airbase Standout Features and Integrations:
Features include spending limits and budgets, which you can set for different departments or teams. I think this would be a great tool to hold people accountable, as well as proactively give managers a better understanding of how much money they have to work with. I think Airbase’s mobile app makes it easy to capture receipts. It also provides a detailed audit trail for every expense.
Integrations include NetSuite, QuickBooks, Xero, Jira, Ironclad, and Slack.
Pros and Cons
Pros:
- Strong focus on control and compliance
- Advanced reporting and analytics
- Easy to reimburse employees
Cons:
- No offline connectivity
- Limited integrations
Navan (formerly called TripActions) is a software that helps companies manage corporate cards, manage travel expenses, and track other operating costs.
Why I picked Navan: I think Navan stands out as the best solution for tracking travel expenses. I was impressed by its group travel features and user-friendly interface.
Navan Standout Features and Integrations:
Features include simplified online booking. I like how you can make employee flight and hotel reservations within the software. The group travel options allow you to book travel arrangements for up to 50 employees at a time.
I was impressed by Navan’s automated expense management. It automatically categorizes and reconciles transaction details whenever a company card is used in person or online.
Integrations include Slack, QuickBooks, NetSuite, Okta, Expensify, and Sage Intacct.
Pros and Cons
Pros:
- Automated reconciliation simplifies the expense reporting process
- Easy to integrate with various travel booking platforms
- Intuitive interface
Cons:
- May be too complex for small businesses
- Pricing details aren’t transparent
Despite its name, TravelPerk doesn’t just handle travel expenses. It offers a variety of expense management tools and features.
Why I picked TravelPerk: If you want expense tracking software with lots of features, I think TravelPerk is an option worth considering. I like that you get unlimited users, as other per-software user costs can really start to add up.
TravelPerk Standout Features and Integrations:
Features include one interface for your travel booking, expense tracking, and reimbursement. I personally like having access to everything in one centralized place. TravelPerk allows you to book within the app, capture and manage your expenses while booking flights, accommodations, and transportation.
Integrations include Slack, Divvy, Rydoo, WeWork, Ramp, Expensify, Fyle, Zoom, and a few others.
Pros and Cons
Pros:
- User-friendly interface
- Booking tools
- Flat fee
Cons:
- Customizations are limited
- Mobile app could be more user-friendly
Zoho Expense is a standalone travel and expense management software created by the same company as the popular Zoho Books accounting software.
Why I picked Zoho Expense: Zoho Expense gives you access to a huge library of 3rd party integrations and ad-ons that can be used in tandem with their software.
Zoho Expense Standout Features and Integrations:
Features include Zoho Expense’s ability to scan receipts and import them in bulk. I like that your receipts are digitally stored within the software as well, so you don’t have to worry about losing paper copies.
Zoho Expense also has some of the best mileage tracking tools I came across. Employees have the option to enter their mileage via Android, iPhone, or Apple Watch.
For companies already using Zoho Books for accounting, I think Zoho Expense seems like it might be a good fit.
Integrations include QuickBooks, Xero, GetThere, Lyft, Uber, HSBC, Slack, Dropbox, Office 365, and a few more.
Pros and Cons
Pros:
- Mobile app for scanning and tracking receipts
- Easy to learn and use
- Integration options
Cons:
- Limited features on free plan
- No single-user plan (3 user minimum)
Other Expense Tracking Software
Here are some additional expense tracking software options that didn’t make it onto my shortlist, but are still worth checking out:
- Sage Expense Management (formerly Fyle)
For AI-powered expense tracking
- Divvy
Free expense tracking software
- Brex
For startups and small business
- Rydoo
For mobile users
- Coupa
For supplier integrations
- Puzzle
For AI-powered categorization accuracy
- Expensify
For automated receipt scanning features
- SAP Concur
For large companies
- LicenceOne
For SaaS spend management and security
- ExpensePoint
For global teams
Related Reviews
Expense Tracking Software Selection Criteria
When selecting the best expense tracking software to include in this list, I considered common buyer needs and pain points like ease of use and integration capabilities. I also used the following framework to keep my evaluation structured and fair:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Track expenses
- Generate reports
- Integrate with accounting software
- Provide mobile access
- Support multiple currencies
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Automated receipt scanning
- Customizable approval workflows
- AI-driven expense categorization
- Integration with travel booking systems
- GPS mileage tracking
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive interface
- Easy navigation
- Quick access to features
- Consistent design elements
- Minimal learning curve
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Access to webinars
- Onboarding templates
- Responsive chatbots
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- 24/7 availability
- Multiple support channels
- Quick response times
- Comprehensive knowledge base
- Personalized support options
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing
- Transparent pricing structure
- Flexibility in subscription plans
- Included features vs. cost
- Discounts for annual payments
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall satisfaction ratings
- Commonly cited strengths
- Frequently mentioned weaknesses
- Frequency of updates and improvements
- Customer loyalty and retention rates
How to Choose Expense Tracking Software
It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:
| Factor | What to Consider |
|---|---|
| Scalability | Can the software grow with your business? Consider whether it supports additional users, transactions, and data as your company expands. |
| Integrations | Does it connect with your existing systems? Check compatibility with your current accounting tools and other essential software. |
| Customizability | Can you tailor the tool to fit your needs? Look for customization options in workflows, reporting, and user roles to match your processes. |
| Ease of use | Is the software intuitive for your team? Evaluate the user interface and how quickly team members can navigate and utilize the tool effectively. |
| Implementation and onboarding | How long will it take to get started? Consider the setup time, training materials, and support offered during the initial phase. |
| Cost | What's the total cost of ownership? Compare pricing models, including subscription fees, additional charges, and any potential hidden costs. |
| Security safeguards | How does the software protect your data? Ensure it has strong encryption, access controls, and compliance with industry standards. |
What Is Expense Tracking Software?
Expense tracking software is a tool that helps businesses record, manage, and analyze their expenses. It’s commonly used by finance professionals, accountants, and managers to gain insight into spending patterns and make informed financial decisions. Features like real-time expense tracking, automated receipt scanning, and integration capabilities help with efficiency and accuracy in managing expenses. These tools provide overall value by simplifying financial oversight and enhancing budget control.
Features
When selecting expense tracking software, keep an eye out for the following key features:
- Real-time tracking: Allows you to monitor expenses as they occur, ensuring up-to-date financial records.
- Automated receipt scanning: Converts paper receipts into digital data, saving time and reducing manual entry errors.
- Integration capabilities: Connects with existing accounting and business systems to streamline data flow and enhance accuracy.
- Customizable reporting: Offers tailored reports to provide insights specific to your business needs and financial goals.
- Multi-currency support: Enables tracking and managing expenses in various currencies, essential for international operations.
- Approval workflows: Streamline the expense approval process, ensuring compliance and control over spending.
- Mobile access: Provides on-the-go access to expense data, allowing users to manage finances from anywhere.
- Data security: Ensures the protection of sensitive financial information with encryption and access controls.
- User-friendly interface: Offers an intuitive design that makes it easy for users to navigate and utilize the software effectively.
Benefits
Implementing expense tracking software provides several benefits for your team and your business. Here are a few you can look forward to:
- Increased accuracy: Automated receipt scanning reduces manual errors, ensuring precise financial records.
- Time savings: Real-time tracking and mobile access allow users to manage expenses quickly and efficiently.
- Enhanced visibility: Customizable reporting provides insights into spending patterns, helping with informed decision-making.
- Improved compliance: Approval workflows ensure expenses are reviewed and approved, maintaining control over spending.
- Cost management: Multi-currency support and integration capabilities help monitor and manage expenses across various platforms and regions.
- Data security: Strong encryption and access controls protect sensitive financial information from unauthorized access.
Costs & Pricing
Selecting expense tracking software requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in expense tracking software solutions:
Plan Comparison Table for Expense Tracking Software
| Plan Type | Average Price | Common Features |
|---|---|---|
| Free Plan | $0 | Basic expense tracking, limited receipt uploads, and essential reporting. |
| Personal Plan | $5-$25/user/month | Unlimited receipt uploads, mobile access, and basic integrations. |
| Business Plan | $25-$50/user/month | Advanced reporting, multi-currency support, and approval workflows. |
| Enterprise Plan | $50-$100/user/month | Customizable features, integration with enterprise systems, and dedicated support. |
Expense Tracking Software FAQs
Here are some answers to common questions about expense tracking software:
Can expense tracking software sync with corporate credit cards?
Yes, many expense tracking software tools support syncing with corporate cards. This lets your team track spending automatically without entering every transaction. Make sure your card provider is supported by the software you use. Once linked, expenses usually show up in real time or within a day.
What’s the difference between expense tracking and accounts payable software?
u003cspan style=u0022font-weight: 400u0022u003eExpense tracking software is specialized in dealing with recording, categorizing, and managing employee expenses. It includes features for capturing receipts and submitting expense reports for reimbursements.u003c/spanu003ernrnu003cspan style=u0022font-weight: 400u0022u003eAccounts payable software is more broad. It involves managing payments to suppliers and vendors. This includes processing invoices, scheduling and issuing payments, and bank reconciliation.u003c/spanu003e
How does expense tracking software handle duplicate receipts?
Most expense tracking software flags duplicates using receipt metadata or matching transaction amounts. If you upload the same receipt twice, the system may warn you or block the duplicate. You can usually review flagged entries and decide whether to keep or delete them. Some tools also let you merge duplicates if needed.
Does expense tracking software let you set spending limits?
Yes, many tools let you set limits by category, project, or employee. If someone goes over the limit, the software can flag the expense or block the submission. These limits help your team stay within budget without needing manual checks. You can adjust thresholds as policies change.
Is it necessary to train my team on the new expense tracking software?
Yes, training your team on new expense tracking software is necessary for successful adoption. Even if the tool is user-friendly, training helps team members understand its full capabilities and use it effectively. Look for vendors that offer comprehensive onboarding resources, such as tutorials, webinars, and support materials. This investment in training will help your team get the most out of the software and ensure a smooth transition.
What’s Next:
If you're in the process of researching expense tracking software, connect with a SoftwareSelect advisor for free recommendations.
You fill out a form and have a quick chat where they get into the specifics of your needs. Then you'll get a shortlist of software to review. They'll even support you through the entire buying process, including price negotiations.
