Value for money
Rating: 5 out of 10
IncentivizedUse Cases and Deployment Scope
Currently ExpenseWire is being used across the whole organization of 15 people for inputting, approving, and reimbursing expenses incurred by employees for both out-of-pocket and corporate credit card expenses. It helps to track reimbursements on the portal rather than via Excel, which is what we used to do.
Pros
- Ability to directly reimburse employees' bank accounts on the application itself; no need to do a separate wire/ACH payment via the company bank
- Keeps track of all receipt submissions and you can view them on the application
- Approval flow meets our needs
Cons
- Increase ability to integrate with different accounting platforms automatically (we use Xero)
- Enhance the ability to generate more types of reports with different field combinations
- User interface is not as user friendly compared to other solutions
Likelihood to Recommend
Our organization was able to get a deep discount on the product, so it's suited for small businesses that are very cost conscious that just need basic tools. It's best to evaluate your accounting platform and how the information can flow from ExpenseWire to the financial application, since what we use currently doesn't allow automatic sync, which might be problematic in many cases.
Vetted Review
2 years of experience