Expensify
Expensify is a versatile expense management software providing automated receipt scanning, one-click reimbursement, and corporate card reconciliation to help individuals and businesses simplify their entire back-office financial workflow.
Ramp
Ramp is a comprehensive financial operations platform that integrates corporate cards, expense management, bill payments, and automated accounting to help you control spend and save money globally.
Quick Comparison
| Feature | Expensify | Ramp |
|---|---|---|
| Website | expensify.com | ramp.com |
| Pricing Model | Freemium | Freemium |
| Starting Price | Free | Free |
| FREE Trial | ✓ 30 days free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✓ Has free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2008 | 2019 |
| Headquarters | Portland, USA | New York, USA |
Overview
Expensify
Expensify simplifies how you manage your business spending by automating the entire process from receipt to reconciliation. You can snap a photo of any receipt using the mobile app, and the SmartScan technology automatically extracts the merchant, date, and amount for you. It then groups these expenses into reports that you can submit for approval with a single click.
The platform handles everything from basic expense tracking to complex multi-stage approval workflows and global reimbursements. You can sync your data directly with popular accounting software, manage corporate cards, and even book travel within the app. Whether you are a freelancer tracking mileage or a global enterprise managing thousands of employees, it scales to meet your specific financial reporting needs.
Ramp
Ramp is a unified finance platform designed to help you gain total control over your company's spending. Instead of juggling disconnected tools, you get corporate cards, expense tracking, and bill payments in one interface. You can issue physical or virtual cards with built-in spend limits, ensuring your team stays within budget before they even swipe.
The platform automatically collects receipts and categorizes expenses, saving your finance team hours of manual data entry every month. You can also manage global reimbursements and automate your entire accounts payable process. Whether you are a fast-growing startup or a large enterprise, Ramp helps you identify redundant subscriptions and negotiate better contracts to actively reduce your overhead.
Overview
Expensify Features
- SmartScan Technology Snap a photo of any receipt and let the app automatically extract all the key details for your expense report.
- One-Click Reimbursement Send money directly to your employees' bank accounts the next day with a simple, automated reimbursement process.
- Corporate Card Sync Connect your business cards to automatically import transactions and reconcile them against your receipts in real-time.
- Multi-Level Approvals Configure custom approval workflows that match your company structure to ensure every expense is properly reviewed.
- Mileage Tracking Track your business trips automatically using GPS or odometer readings to ensure accurate distance-based reimbursements.
- Audit & Compliance Detect duplicate receipts and flag expenses that violate your company policy automatically before they are even submitted.
Ramp Features
- Smart Corporate Cards. Issue unlimited virtual and physical cards with automated spend controls and real-time tracking for every employee.
- Automated Expense Management. Eliminate manual reports with AI-powered receipt collection and automatic categorization that syncs directly to your books.
- Global Bill Pay. Pay your vendors in minutes via ACH, check, or wire transfer across 175+ countries and multiple currencies.
- Procurement Controls. Streamline your purchasing with custom approval workflows that ensure every dollar spent is authorized and documented.
- Real-time Reporting. Monitor your company's financial health with instant visibility into department spending, top vendors, and saving opportunities.
- Accounting Automation. Close your books eight times faster by automating 95% of your coding and syncing data to your ERP.
Pricing Comparison
Expensify Pricing
- Unlimited receipt scanning
- Unlimited invoicing
- Bill pay features
- Expensify card access
- Basic expense reporting
- Everything in Free, plus:
- SmartScan automation
- Accounting integrations
- Custom coding
- Approval workflows
- Direct reimbursements
Ramp Pricing
- Unlimited corporate cards
- Global expense management
- Next-day ACH bill pay
- Automatic receipt collection
- Standard accounting sync
- Everything in Ramp, plus:
- Multi-entity support
- Advanced procurement workflows
- Global reimbursements
- Custom ERP integrations
- Smart contract negotiations
Pros & Cons
Expensify
Pros
- SmartScan accurately captures receipt data automatically
- Mobile app is highly responsive and intuitive
- Seamless integration with major accounting platforms
- Next-day reimbursements speed up employee payments
Cons
- Pricing structure can be confusing for new users
- Customer support is primarily chat-based
- Occasional delays in syncing bank transactions
Ramp
Pros
- Eliminates the need for manual expense reports
- Provides instant visibility into company-wide spending
- Highly intuitive interface requires almost no training
- Saves money by identifying unused software subscriptions
Cons
- Strict credit requirements for new businesses
- Limited support for very small cash-heavy businesses
- Mobile app lacks some advanced desktop features