Concur vs Expensify

March 19, 2025 | Author: Michael Stromann
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Concur
SAP Concur's easy-to-use business travel and expense management software solution helps your business save time, money and gain control. The Concur booking tool makes business travel a snap—starting with customized options that align with your company policies. You can also upload electronic folios, directly to expense reports. Concur provides full visibility into spend and the ability to ensure policy and regulatory compliance.
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Expensify
Simplified expense reporting your employees will love. Streamline the way your employees report expenses, the way expenses are approved, and the way you export that information to your accounting package.

Expense management software, much like intergalactic bureaucracy, exists to make life simultaneously easier and more complicated. Both Concur and Expensify claim to eliminate the agony of receipt hoarding, the despair of reimbursement requests and the existential dread of financial audits. They live in the cloud, talk to accounting software in a way that suggests they might be planning a takeover and have mobile apps that let you photograph your lunch bill in a way that feels oddly artistic. They also support multi-currency tracking, because some humans insist on conducting business across planetary borders.

Concur, the wise and slightly intimidating elder of the two, has been lurking around since 1993, waiting for the day expense reports would become a thrilling corporate necessity. Now under the benevolent rule of SAP, it thrives in vast enterprise ecosystems, helping companies with too many employees to count. It comes with a full-fledged travel booking system, the kind that allows people to click buttons and magically appear in a distant conference room. It’s also priced at a level that suggests your company should have at least three departments dedicated to understanding its invoices.

Expensify, the younger and more rebellious upstart, appeared in 2008 with the radical idea that expense tracking shouldn’t require a team of monks chanting over spreadsheets. Designed for small businesses, freelancers and anyone who just wants to be reimbursed without selling their soul, it boasts a freemium model and a magical feature called SmartScan, which reads receipts like an omniscient but slightly smug librarian. It doesn’t book flights, but it plays well with others that do. Unlike its elder counterpart, it is content in its simplicity, quietly judging anyone who still tapes receipts to sheets of paper.

See also: Top 10 Expense Management software
Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email [email protected]