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Sage Expense Management Review

Sage Expense Management
Our score: 8.0 User satisfaction: 96%

What is Sage Expense Management?

Sage Expense Management (previously known as Fyle) is an expense management platform that leverages artificial intelligence and is compatible with your existing credit cards. It assists businesses of all sizes in optimizing their financial workflows and provides employees with a straightforward, intuitive method of submitting expenses. Finance teams acquire real-time visibility into card transactions through direct integrations with credit card networks, including American Express, Visa, and Mastercard.

Email, text message, or mobile application are the methods by which employees effortlessly capture receipts. The AI of the platform automatically extracts details, categorizes expenses, and matches them to the appropriate projects, departments, or cost centers. Finance teams capitalize on intelligent capabilities, including automated policy checks, bidirectional integrations with accounting platforms such as Sage Intacct, Sage 300 CRE, NetSuite, QuickBooks Online, QuickBooks Desktop, and Xero, as well as flexible approval workflows.

Sage Expense Management is designed to be user-friendly and efficient, seamlessly integrating with common tools. Additionally, it requires no learning curve. It provides a seamless, frictionless experience for employees and frees finance teams from manual work by automating routine tasks and connecting to existing credit cards.

Sage Expense Management enables businesses to track every dollar, expedite reconciliation, and focus on growth rather than chasing receipts.

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Overview of Sage Expense Management Benefits

Easy Set Up

Sage Expense Management is super easy to set up and use. It sits in everyday apps like Gmail, Outlook, Slack, and Teams, enabling employees to submit their expenses on time and Finance teams to close books on time.

Real-time Credit Card Reconciliation

Credit card reconciliation is real-time. When employees make a corporate card transaction, they are instantly notified via SMS to submit the receipt. They can reply to the message with a picture of the receipt, and Sage Expense Management will automatically match it with the transaction in real-time.

Direct Integrations

Sage Expense Management also has direct, self-serve integrations with NetSuite, Sage Intacct, QuickBooks Online, and Xero to easily sync accounting data and close your books on time.

Audit-ready and Compliant

Users also get unlimited receipt storage and detailed audit trails, so they’re constantly compliant and audit-ready. Their data is also secure with the team. Sage Expense Management has enterprise-grade security, and users have 100% ownership of their data.

Straightforward Pricing

Sage Expense Management’s pricing is straightforward, and their customer support is reliable. They charge as per “Active User,” someone who creates at least one expense report a month. It is completely usage-led with no lock-in contracts. Their support team is available 24/7 over chat, email, or call, with an average first response time of under 30 minutes.

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Overview of Sage Expense Management 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 Sage Expense Management 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 Sage Expense Management, employees can now submit their expense reports through GSuite integration even when they incur them.
  2. Sage Expense Management 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 Sage Expense Management, the company did not have to worry about this, as Sage Expense Management captures expense data and the receipt automatically.
  2. The expense data, receipts, audit trail, and communication around expenses are stored together.
  3. Furthermore, employees can download reports in PDF format, with all receipts stitched together in a single file.

3. Problem

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

Solutions

  1. After implementing Sage Expense Management, 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. Sage Expense Management’s engine automatically detects duplicates across the system and warns employees about the possible duplicate at the time of expense creation.

Awards & Quality Certificates

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This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.
An award given to products that have recently entered the market but are already becoming very popular

Sage Expense Management Position In Our Categories

Knowing that businesses have particular business wants, it is only logical that they avoid preferring an all-encompassing, ideal software solution. Still, it would be almost impossible to try to stumble on such application even among branded software solutions. The efficient step to undertake should be to narrow down the numerous main functions that call for a deliberation such as essential features, packages, technical skill ability of staff members, company size, etc. The second step is, you must do your product research thoroughly. Read some Sage Expense Management evaluations and explore the other software products in your shortlist more closely. Such well-rounded research can make sure you take out unsuitable applications and pay for the one which delivers all the benefits your business requires to be successful.

Position of Sage Expense Management in our main categories:

TOP 500

Sage Expense Management is one of the top 500 Accounting Software products

Since each company has unique business wants, it is prudent for them to abstain from searching for a one-size-fits-all perfect software application. Needless to say, it would be futile to try to find such a system even among widely used software platforms. The clever thing to do would be to jot down the various vital elements that need consideration such as main features, budget, skill levels of workers, company size etc. Then, you should do your homework thoroughly. Read some Sage Expense Management Expense Management Software reviews and investigate each of the other solutions in your shortlist in detail. Such exhaustive homework can ensure you weed out ill-fitting systems and zero in on the system that presents all the elements you require for business success.

How Much Does Sage Expense Management Cost?

Sage Expense Management Pricing Plans:

Free Trial

Growth

$11.99/user/month

Business

$14.99/user/month

Enterprise

Contact vendor

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What are Sage Expense Management pricing details?

Sage Expense Management Pricing Plans:

Free Trial

Growth

$11.99/user/month

Business

$14.99/user/month

Enterprise

Contact vendor

Sage Expense Management offers usage-led pricing, billing users only when they create at least one expense or have a corporate card connected to Sage Expense Management with at least one transaction on it in a month. These are called active users. This means users can onboard all employees but get charged only for active users. They can then book a demo to get a quick tour of how the software works.

Below are the three plans Sage Expense Management offers based on the users’ needs:

Growth – $11.99/month

  • Unlimited receipt scanning with automated data extraction
  • Receipt collection & expense completion via Text Messages
  • Unlimited expense tracking from, Gmail, Outlook, Slack, and more.
  • Mileage & Per Diem tracking
  • Direct Visa integration via real-time feeds
  • Direct Mastercard integration via real-time feeds
  • American Express virtual Cards
  • Instant text notifications for card spend, receipt collection via text and automated reconciliation
  • Personal card management
  • Universal statement parser to import credit card statements
  • Automated credit card reconciliation
  • Single-stage approvals
  • Business rules and real-time policy violation checks
  • Custom employee categories and expense fields
  • Employee access delegation
  • Two-way integrations with:
    • QuickBooks Online
    • Xero
    • QuickBooks Desktop (additional cost applicable)
  • AI-powered Copilot for instant spend insights and real-time support, get expense breakdowns and instant answers to all your queries.
  • Basic email and knowledge base support
  • Optional premium support with 24/7 live chat based support (additional fee applicable)

Business – $14.99/month

Everything in Growth plan, plus:

  • Multi-org, multi-stage and policy-driven approvals
  • ACH reimbursements (US only)
  • Project expense tracking
  • Custom data exports, including MIS
  • Multi-currency, multi-region setup with multiple entities/orgs
  • Two-way integrations (one-time implementation fee applicable) with:
    • NetSuite
    • Sage Intacct (Sage fees as applicable)
    • Sage 300 Construction & Real Estate (Sage fees as applicable)
    • QuickBooks Desktop (additional cost applicable)
  • Direct, third-party, and API integrations with any accounting, travel, HRMS, and payroll software
  • Premium Support with 24/7 live chat and email-based support, with a named account manager
  • Optional SSO (additional fee applicable)

Enterprise – By quote

Everything in Business plan, plus:

  • IP whitelisting of admin accounts
  • Google single sign-on (SSO)
  • Single sign-on with AD and Okta
  • Branded account and emails
  • Dedicated Enterprise Account Manager
  • Half-yearly business reviews to optimize cost and compliance
  • Customer Advisory Group for feature suggestions and direct FaceTime with the Product and Engineering teams, with priority access to features and planned deployments.

 

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We are aware that when you choose to get a Expense Management Software it’s crucial not only to find out how professionals rank it in their reviews, but also to discover if the real users and businesses that purchased it are indeed satisfied with the product. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Sage Expense Management reviews across a vast array of social media sites. The data is then featured in a simple to digest format showing how many users had positive and negative experience with Sage Expense Management. With that information at hand you will be ready to make an informed buying choice that you won’t regret.

Video

Screenshots

Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Monthly payment
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Sage Expense Management?

Sage Expense Management integrates with the following business systems and applications:

  • Intuit Quickbooks
  • Xero
  • travelperk
  • Gmail
  • Office 365
  • Oracle NetSuite
  • Sage Inacct
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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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