We wouldn't recommend Expensify, read our full Expensify review here to see why and check out our BILL Spend & Expense vs Ramp comparison instead.
We believe there are better options available in this category, read below to learn what this software does well, and what they could do better. ⤵
.webp)
The spend management platform for mid-size teams (customizable virtual cards, budgeting, auto-reconciling, and expense reimbursement).
Ramp is a corporate card and expense management platform designed to help companies control spend, automate finance tasks, and gain real-time visibility into expenses. It's a leader in the spend/expense management and accounting automation space, with a clean UI/UX, tons of reporting features, and fast search functionality. Ramp is built for scaling businesses who want better financial control without the friction of traditional banks.
They have a great UI/UX, tons of reporting/insights features, and a super clean and fast search functionality to find exactly what you're looking for:
Super fast, taking just minutes to issue cards and accounts.
Easy navigation with CMD+K search and an AI chatbot for help.
Immediate visibility into transactions and spend patterns.
Easy to configure budgets via spend programs and card restrictions.
Automatic retries and Gmail integration for company-wide receipt fetching.
Native integrations with top accounting platforms, plus powerful reporting and tagging features.
Alerts via mobile app, SMS, and Slack for ultimate visibility
1.5% cashback standard with less complexity compared to other tools.
Custom contract uploads and renewal alerts.
No annual fees, no user fees, and no hidden fees. Revenue comes from interchange fees and an optional paid tier for larger teams. BUT Important: You need around $25K in your business bank account at signup to get approved. Your credit limit will be based on your cash balance. If you're looking for an expense management solution with no bank minimum, then check out BILL Spend & Expense (typically better for smaller businesses while Ramp is better for growing/scaling businesses with cash flow).
The spend management platform for small and mid-size teams (customizable virtual cards, budgeting, auto-reconciling, and expense reimbursement).
Expensify is one of the original expense management solutions on the market. We actually used Expensify for the first few years in business (more recently switching to Divvy).
It started as a simple invoice/receipt scraping tool that you'd forward your receipts into [email protected] via email, and it would pull out all of the details, learn from past classifications, and sync that over to your accounting software like QBO or Xero.
They have more recently moved into the virtual credit card experience, realizing that if the charge starts with a virtual credit card, all the categorization is way more consistent and seamless (whereas that's where Divvy, Brex, and Ramp all started).
.svg)
.jpg)
.svg)
.svg)
.svg)
.svg){kind=icon}
.svg)
.svg)
