CR2 BankWorld Cards vs. Expensify

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CR2 BankWorld Cards
Score 10.0 out of 10
N/A
CR2 provide banks with Digital, Self-Service and Payments solutions to grow their business, optimise their customer service cost and deliver an enhanced customer experience. Headquartered in Ireland, they state they support over 100 banks in 60 countries in connecting and engage with their customers. Their Digital Banking Platform – BankWorld – enables banks to provide digital customer journeys across mobile, internet, self-service and payments, and the Cards solution is a card issuing software…N/A
Expensify
Score 7.6 out of 10
N/A
Expensify automates the entire spend management process. Scan receipts, track mileage, submit and approve expenses, manage corporate cards, reimburse employees, pay bills, send invoices, and book travel. Built for individuals and companies of all sizes, anywhere in the world.
$5
per month per user
Pricing
CR2 BankWorld CardsExpensify
Editions & Modules
No answers on this topic
Collect
$5
per month per user
Control
$9
per month per user
Offerings
Pricing Offerings
CR2 BankWorld CardsExpensify
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
CR2 BankWorld CardsExpensify
Features
CR2 BankWorld CardsExpensify
Expense Management
Comparison of Expense Management features of Product A and Product B
CR2 BankWorld Cards
-
Ratings
Expensify
8.4
Ratings
2% below category average
Employee Expense Reporting00 Ratings8.90 Ratings
Corporate Card Reconciliation00 Ratings7.80 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
CR2 BankWorld Cards
-
Ratings
Expensify
7.5
Ratings
9% below category average
Customizable Approval Policies00 Ratings6.60 Ratings
Financial Document Management00 Ratings8.20 Ratings
Payment Status Tracking00 Ratings8.30 Ratings
Payment Audit Trail00 Ratings8.70 Ratings
Duplicate Bill Detection00 Ratings6.70 Ratings
Advanced OCR00 Ratings6.60 Ratings
Electronic Funds Transfer00 Ratings7.90 Ratings
Best Alternatives
CR2 BankWorld CardsExpensify
Small Businesses
Rippling
Rippling
Score 8.9 out of 10
Dext
Dext
Score 9.8 out of 10
Medium-sized Companies
Rippling
Rippling
Score 8.9 out of 10
Precoro
Precoro
Score 2.8 out of 10
Enterprises

No answers on this topic

Emburse Chrome River
Emburse Chrome River
Score 9.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CR2 BankWorld CardsExpensify
Likelihood to Recommend
10.0
(0 ratings)
9.1
(0 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(0 ratings)
Usability
-
(0 ratings)
7.0
(0 ratings)
Support Rating
-
(0 ratings)
8.5
(0 ratings)
User Testimonials
CR2 BankWorld CardsExpensify
Likelihood to Recommend
We can use CR2 for targeted loan campaigning to bank customers on ATMs. It is very easy to use and quick to launch. It,s extensive mobile features are just impactful.
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I think it's really good for small businesses. At least in the way we use it. It's very good for keeping an eye on employee spending in nearly real time. I'm not sure how it works for larger companies when there is a larger number of people to keep track of.
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Pros
  • It helps us in retail banking. Thus our banking channels are now more powerful, flexible, and digitalized.
  • We can focus on a digital-led Corporate Banking strategy, and we also can optimize the risk in market competition.
  • Our loan facilities are more targeted, more customer oriented.
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  • I am able to submit my mileage and the great feature to put the starting destination and end destination. It auto populates the mileage for you!
  • The coniserge is helpful and reminds me when I did not do certain things like submit my report. That’s a nice feature!
  • I am able to submit my expenses quickly and it scans the receipts or you can upload a picture of them very quickly.
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Cons
  • Still we didn’t get any loopholes of this software.
  • We can grow and protect our market share.
  • It is still so far so good for us.
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  • Cant choose for specific lines of non -reimbursable expenses to several credit cards. only one preconfigured.
  • there are limited cards to choose for with Expensify Travel as a corporate cards.
  • The policy rules are pretty basic. i would like to have more granular options
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Likelihood to Renew
No answers on this topic
Our company will use Expensify for as long as it will fit our purposes. However, it is obvious that once the fast-growing company will reach a certain size, we will need to transition to a more complex system. For our current purposes however, Expensify is great and I would recommend it to everyone
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Usability
No answers on this topic
So simple to set up and use. It was easy to roll out to all our staff! The demos, instructions, and FAQ's were well written and enabled us to train our staff quickly. We have frontline employees who have mastered the system in a day. The scalability is also perfect. We are able to start with just a few cards and grew that number as our organization needed without any problems.
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Support Rating
No answers on this topic
Our rep has been amazing. He has built custom reports for us that have been very time consuming and difficult. Our reps are also currently looking into new submission solutions for us that we are excited about. They came up with this and recommended it on their own without me complaining about an issue. They are about our success and are very excited about the product they offer.
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Implementation Rating
No answers on this topic
The implementation process went rather smoothly, linking it to the bank and cards was handled easily. without too many unnecessary steps. Getting the accounts setup did take some time, but that would be true with any organization. All in all things went smoothly and I was very pleased with the setup and implementation process
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Alternatives Considered
CR2 is much more comfortable than Mambu and its price is less than Mambu. It is fit for all.
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Concur is the only formal software I've used, though I think this was only used in my PhD program (2010-2014), so in fairness, it's been a while. I remember Concur being just OK. It was certainly easier to use than the 'upload documents to email' process my former employer had instituted, but it was not Expensify-level smart and easy. At least back then, there was no simple drag-and-drop document parsing for example.
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Return on Investment
  • It offers a broad range of payment capabilities for our clients.
  • It secures our communication channel.
  • Remote implementation is much more comfortable.
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  • Positives include - timely expense reports to reconcile our fiscal year financials
  • Negatives include - the monthly service fee per employee (even if no expenses were generated that month) - it is not cost effective for ALL of our employees to utilize the application.
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ScreenShots

Expensify Screenshots

Screenshot of the dashboard used to manage expenses, book travel, reimburse employees, and create expense reports.Screenshot of corporate cards. The Expensify Card offers cash back on every US purchase.