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Fyle REVIEW

Expenses Management Software

No user reviews
USER SATISFACTION 100%
OUR SCORE 8.0

What is Fyle?

Fyle is a smart expense management system that provides enterprises and organizations with a robust, powerful, user-friendly platform that simplifies and streamlines the way they track, manage, reimburse, and audit their expenses. The software grants users unparalleled control and total compliance with its smart receipt tracking capabilities, report automation, and speedier reimbursement.

With Fyle, users enjoy AI-powered expense monitoring and reporting, total automation of all their expense management processes. The software captures and gathers information from receipts and bulls with no manual effort. Highly accurate real-time expense reports make it easy to see the whole picture and come to smart decisions and actions.

Overview of Fyle Benefits

Fyle provides you with a powerful expense management solution that automates all your expense tracking processes and workflows, from capturing information from your receipts, invoices, bills and more.

It  helps you manage all your expenses with an AI-powered platform that generates accurate reports on all your and your employees’ expenses, including travel fares, equipment and office supplies, rent, company-sponsored dinners, and more.

The software is designed to automatically extract data from electronic bills, receipts, and statements you receive through email with just a single click. Fyle offers the world’s first AI-powered expense management email plug-in that works well with Gmail and Outlook. Whenever you receive your receipts, tickets, bills, invoices, and other documents, you never have to manually gather all the data to your system ever again.

Fyle is a perfect partner if you frequently go on business trips or if you have to make purchases for the company using your own money. With Fyle’s mobile capture functionality, you can use your mobile device to gather data from paper receipts, electronic receipts, as well as track your expense within Gmail and Outlook. With a single click, you can generate real-time accurate expense reports that you can submit to your superiors digitally. That means you get reimbursed faster than ever.

Overview of Fyle Features

  • Automatic Data Extraction
  • Automatic Policy Enforcement
  • Real-time Expense Visibility
  • Dynamic Approval System
  • Custom Approval Hierarchy
  • 3rd Party APIs
  • Trip Authorization and Requests
  • Multi-Country & Multi-Org Setup
  • Automatic Account Syncing
  • Corporate Cards
  • Advance Management
  • Duplicate Detection
  • Mileage Claims
  • Analytics
  • Expense Audit Trail

What Problems Will Fyle Solve?

1. Problem: Employees don’t submit bills on time and finance teams have minimal visibility on payout amounts and some employees have not submitted in over 3 months.

Solutions:

  1. After implementing Fyle, employees can now submit their expense reports through GSuite integration even when they incur them.
  2. Fyle mobile app enables employees to capture a picture of receipts, invoices, and other documents on the go.
  3. Since there is no manual work for employees to enter data, there is no little delay. Admins no longer have to pursue and personally request employees to submit bills on time.

2. Problem

Expense data, receipts, communication information is scattered and a becomes a nightmare for reconciliation.

Solutions

  1. After implementing Fyle the company did not have to worry about this as Fyle captures expense data and the receipt automatically.
  2. The expense data, receipts, audit trail, communication around expenses are stored together.
  3. Furthermore, employees can download reports in PDF with all the receipts stitched together in a single PDF file.

3. Problem

Checking for duplicates and policy violations took so much time and was never done accurately.

Solutions

  1. After implementing Fyle, the company can see everything via a dashboard of expenses, category wise and accurate information about policy violations and stats around different policies that were violated and employees who frequently violate them.
  2. Fyle’s engine automatically detects duplicates across the system and warns employees about the possible duplicate at the time of expense creation.

Awards & Quality Certificates

Fyle Position In Our Categories

Position of Fyle in our main categories:

500

Fyle is one of the top 500 Accounting Software products

500

Fyle is one of the 500
Accounting Software products


Fyle is also listed in the following subcategories:

Category:Position:Category:Position:
Expenses Management Software#45
Category:Position:
Expenses Management Software#45

It's important to note that hardly any app in the Accounting Software category is going to be a perfect solution that can meet all the goals of all company types, sizes and industries. It may be a good idea to read a few Fyle reviews first as certain software might perform well only in a really small group of applications or be designed with a really specific industry in mind. Others can work with a goal of being simple and intuitive and consequently lack complicated functions welcomed by more experienced users. There are also software that focus on a wide group of users and give you a powerful feature set, however this usually comes at a more expensive cost of such a solution. Ensure you're aware of your requirements so that you choose a solution that has specifically the elements you look for.

How Much Does Fyle Cost?

Fyle offers three SMB and enterprise pricing plans for users to choose from.  Packages scale to more advanced feature set as your requirements get complex.

Team – $4.49/user/month

  • User + 1 Approver
  • Single stage approval
  • Basic policies
  • QBO integration
  • Gmail and outlook extension
  • Mobile app
  • Mileage tracking
  • Per Diem
  • Projects and cost center
  • Self-Serve Policies
  • Duplicate detection

Company – $6.99/user/month

  • All Team features
  • High Touch policies
  • Multiple approvals workflow
  • Personal/Corporate Card Reconciliation
  • Trip Requests
  • Advance requests and refunds
  • Multi-Country/Org Setup
  • Bank File Export
  • Integrations: NetSuite, Dynamics & Tally
  • Roles

Custom – Custom Pricing information

  • All Company features
  • 1500+ Employees
  • Dedicated Account manager
  • Single Sign-on
  • Custom Policies
  • Custom Deployment options
  • API integrations with HRMS, CRM, ERP systems
  • Custom Analytics and Insights on Cost Savings

User Satisfaction

We realize that when you make a decision to buy Expenses Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Fyle reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Fyle. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

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NEGATIVE SOCIAL MENTIONS

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Technical details

Devices Supported
  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
Language Support
  • English
Pricing Model
  • Monthly payment
  • Quote-based
Customer Types
  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • TRAINING
  • TICKETS

What are Fyle pricing details?

Fyle offers three SMB and enterprise pricing plans for users to choose from.  Packages scale to more advanced feature set as your requirements get complex.

Team – $4.49/user/month

  • User + 1 Approver
  • Single stage approval
  • Basic policies
  • QBO integration
  • Gmail and outlook extension
  • Mobile app
  • Mileage tracking
  • Per Diem
  • Projects and cost center
  • Self-Serve Policies
  • Duplicate detection

Company – $6.99/user/month

  • All Team features
  • High Touch policies
  • Multiple approvals workflow
  • Personal/Corporate Card Reconciliation
  • Trip Requests
  • Advance requests and refunds
  • Multi-Country/Org Setup
  • Bank File Export
  • Integrations: NetSuite, Dynamics & Tally
  • Roles

Custom – Custom Pricing information

  • All Company features
  • 1500+ Employees
  • Dedicated Account manager
  • Single Sign-on
  • Custom Policies
  • Custom Deployment options
  • API integrations with HRMS, CRM, ERP systems
  • Custom Analytics and Insights on Cost Savings

What integrations are available for Fyle?

Fyle integrates with the following business systems and applications:

  • QuickBooks
  • NetSuite
  • Dynamics
  • API integrations with HRMS, CRM, ERP systems

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