What is travel and expense management software?
- Give you a comprehensive overview of your corporate travel spending
- Help you book travel that’s aligned with your corporate travel policy
- Streamline your invoice process
The best travel and expense management solutions
1. Perk
- Access to multiple user profiles for booking travel
- Centralized invoicing , so you can say goodbye to multiple invoices and even opt to let Perk handle invoice collection for you
- Company policy compliance when offering booking options
- Third-party integrations with popular tools.
- Excellent 24/7 customer support with a target 1-minute response time
- Advanced reporting and insights for a comprehensive overview of spending
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- G2 rating: 4.6 / 5, based on 1,533 ratings (as of September 2024)
- Capterra rating: 4.7 / 5, based on 408 ratings (as of September 2024)
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2. Spendesk
- Unlimited virtual cards for frictionless subscription management and online payments
- Built-in budgets and spending rules to eliminate rogue spending
- Automatic receipt capture with OCR technology
- Smoother month-end closing thanks to automated bookkeeping and streamlined processes
- Faster, smarter spending decisions
- G2 rating: 4.7 / 5, based on 402 reviews (as of September 2024)
- Capterra rating: 4.8 / 5, based on 219 ratings (as of September 2024)
3. BILL Spend & Expense
- Unlimited, customizable virtual cards for your business expenses
- In-depth reporting and insights to give you complete control over business expenses
- Travel reimbursement software to measure expense claims and mileage reimbursements against specific budgets for added spend visibility
- Rewards program based on your payoff schedule, with rewards on restaurants, hotels, subscriptions, and more
- G2 rating: 4.5 / 5, based on 1,435 ratings (as of September 2024)
- Capterra rating: 4.7 / 5, based on 414 ratings (as of September 2024)
4. Ramp
- Accounting automation to eliminate tedious, time-consuming accounting tasks (when integrated with an accounting solution)
- Easy to set up spending approval and prepaid cards with custom budgets
- AI-powered receipt matching that learns from previous receipt submissions
- Cards with your company branding for that extra personalized touch
- G2 rating: 4.8 / 5, based on 2,013 ratings (as of September 2024)
- Capterra rating: 4.9 / 5, based on 186 ratings (as of September 2024)
5. Fyle
- Easily manage receipts and business travel details
- Save or submit digital expense reports through a centralized dashboard
- Ensure travel compliance with set business travel expense reimbursement policies
- Access credit card management software, which is useful for monitoring and processing company credit cards
- G2 rating: 4.6 / 5, based on 1,411 ratings (as of September 2024)
- Capterra rating: 4.5 / 5, based on 146 ratings (as of September 2024)
6. SAP Concur
- Reduce overall costs with control over your travel and expense management
- Improve your compliance and help mitigate risks
- Simple implementations with cloud solutions
- A scalability solution for growing businesses
- Mobile optimized for those looking for mobile app capabilities
- A larger inventory means Perk offers deals from a wider variety of travel providers, including deals on flights, accommodation, and car hire.
- SAP Concur’s pricing can be difficult to estimate, and many features are optional additions. With Perk, you pay when you travel—no unexpected fees or add-ons.
- Perk’s platform is easy to implement and use, whereas SAP Concur users often report the tool being “ clunky and not easy to use ”.
- G2 rating: 4 / 5, based on 6,109 ratings (as of September 2024)
- Capterra rating: 4.3 / 5 stars, based on 2,074 reviews (as of September 2024)
Click below to compare both platforms’ features and benefits
Why choose Perk over SAP Concur?7. Zoho Expense
- Streamlined corporate travel with automated expense reporting for each trip
- Notifications to alert team members of updates and changes
- Real-time spend visibility for an up-to-date overview of any expense data
- Analytics that can highlight changes required for better travel and expense management
- High-quality 24/7 customer support with a target response time of 1 minute
- A leading inventory that offers Perk’s negotiated rates
- Key features like carbon offsetting and VAT recovery
- An easy-to-use interface and workflow
- G2 rating: 4.5 / 5, based on 1,216 ratings (as of September 2024)
- Capterra rating: 4.6 / 5, based on 1,021 ratings (as of September 2024)
8. Emburse Certify
- Workflows for efficient, reliable, and data-rich employee expense management
- Policy compliance with built-in policy controls
- Automate the accounts payable process and gain insights into business spend
- G2 rating: 4.5 / 5, based on 2,132 ratings (as of September 2024)
- Capterra rating: 4.7 / 5, based on 1,279 ratings (as of September 2024)
When is the right time to find a travel and expense management solution?
- Identify where you could be saving on your travel budget
- Find better deals on travel and accommodation with negotiated rates
- Lower your overall travel spending
- Make life easier for your corporate travel manager(s)
- Enable employees to easily self-book travel within your organization’s company policy
What should you look out for in T&E software? 6 Key features
1. A user-friendly travel management platform
2. Multiple user profiles
3. Travel policy integration and compliance
4. A seamless reimbursement process
5. Automated approval workflows and reporting
Need an easier way to manage expenses for business travel?
Read our 3 step guide on automating expense management for business travel6. Integrations with existing tools
- Accounting software
- Travel management software
- Time-tracking tools
- HR tools
- Team management software
- Calendar software