Tallie Versus Expensify: What’s the Value of Using Tallie?

As a user of Expensify, it can feel like you’re paying too much for what amounts to a confusing, fragmented experience. 

While Expensify is a recognized brand name in expense management, its offering is rarely a productive option for small businesses looking for a straightforward, cost-effective solution. As a result, it can be hard for a small business to realize a clear return on investment.

Here’s some good news: Expense management can be streamlined and automated. It can be easy — and it can all be done with straightforward pricing. At least, that’s the case with Tallie’s expense reporting tool that one customer called “objectively excellent.”

“Tallie offers small to midsize businesses that are looking for online/mobile expense management capability at an affordable price,” says one customer on Tallie’s G2 Crowd Page. “Choose Tallie! You can’t go wrong.”

This article explains how Tallie can be an excellent alternative to Expensify for your small business. 

To see the Tallie difference for yourself, sign up for a free trial today.

What’s the Value of Using Tallie Instead of Expensify? 

Ease: An Out-Of-The-Box Solution

Other expense reporting tools may offer supplementary bells and whistles that often distract from the main solutions small businesses look for: 

  1. Automating manual workflows
  2. Reconciling credit cards
  3. Increasing visibility over your expenses
  4. Connecting seamlessly with your accounting systems

Tallie provides out-of-the-box expense management with impact. Our simple user interface supports automation, visibility, and connectivity — it’s as simple as that. 

  • Automate expense reporting. Employees can simply snap receipt images with their phone and let the system populate their expense report for them. 
  • Reconcile credit cards. Connect Tallie to your bank account for any credit card, including corporate credit cards. 
  • Expense reports that build themselves. Tallie can prepare an expense report that matches your statement cycle or automatically build reports as employees upload receipts. 
  • Panoramic view into outstanding spend. Tallie’s Administrator Overview offers visibility into the status of all expenses in the system. 
  • Award-winning accounting integrations with Bill.com, Xero, QuickBooks Online, QuickBooks Desktop/Enterprise, Sage Intacct, and NetSuite.

As one customer put it on Tallie’s G2 Crowd page: “Tallie is super easy to use and adopt. No training required, you can pretty much explore the interface and learn by using.”

Customer Success That’s “Objectively Excellent”

Questions happen, we get it. It shouldn’t be a challenge to get your questions answered, and you shouldn’t be forced to troubleshoot yourself. Without a direct phone number, Expensify customers can experience challenges in receiving proper support. 

The Tallie team is here to help when you need it; call or email us anytime. We’ve built a Help Center with dozens of articles, videos, PDF user guides, and live trainings. And you have the option to upgrade to our white-glove implementation and additional chat support and guaranteed 2-hour response times. 

Customers can even opt into enhanced service options, like letting Tallie administer your account and approve expenses on your behalf. 

But don’t take it from us. As a customer put it on Tallie’s G2 Crowd page: “The customer support at Tallie is objectively excellent if you have an issue.”

Flexible Pricing That Works for Your Business

Your business deserves clear pricing for its expense reporting tool — it doesn’t need to worry about hidden fees, surprise price hikes, or punitive charges. 

With Expensify, pricing doubles when 50% of company spend is not performed on an Expensify card. Customers report punitive charges in order to cancel subscriptions. The result can mean prices much higher than initially expected. 

At Tallie, we keep things straightforward. You don’t need to worry about doubling rules or hidden charges. Your pricing is tailored to your needs, and scales with your company. Our simple pricing tiers let you choose a plan that meets the needs of your back office — with integrations and active users that can grow alongside you.

Explore how much Tallie would cost for your small business on our pricing page.

Ready to explore how Tallie can help your business? Contact us for a demonstration or sign up for a free trial today.

Why Do I Need Expense Report Software Over Spreadsheets?

More than ever, your small business’s finance and accounting functions are strategic assets. Businesses are generating more data than they ever have before; the ability to make data-backed decisions for your business starts with finance’s ability to parse that data. 

But all too often, these functions are bogged down by manual workflows instead of spending valuable time on those strategic decisions. In fact, 49% of companies still rely on a manual expense management process.

What if we told you that it didn’t have to be this way? 

The right expense reporting software can automate your expense workflows. You’ll increase visibility and control over your expenses, as well as boost productivity thanks to the time saved. Most importantly, you’ll free finance and accounting functions to focus on the business’s big picture.

This article walks through why your expense report software is important, and the impact it can make.

Increase Visibility for Better Decision Making

Your expense reporting software should empower your finance and accounting teams to be a more strategic company resource. Automations to help track expenses, reconcile and manage credit card transactions, pull reports, and gain insights at a granular level across your company help achieve this. Best case, expense reports are just as easy to access on mobile as they are on desktop. Now, instead of pulling reports and sifting through data, finance can easily glean insights that inform business decisions. 

“In the past, organizations looked to the CFO to ensure the financials of the company were accurate. Today, with the increase of data across organizations, CFOs are looked upon to advise leaders as they plan out the strategic future of the company.”
— Adaptive Insights CFO Jim Johnson, as told to Forbes

Gain Control Over Expenses

Maintaining policy compliance and reducing the risk of fraud is a common concern for finance teams in regards to business expenses. Expenses are often submitted with missing or incorrect information, or are outside of policy. An expense management solution will help you dramatically increase your control over your data’s accuracy. The solution should have system-triggered rule settings that automatically flag out-of-policy expenses as rule violations. It should also connect directly with your ERP or accounting system (Bill.com, QuickBooks, Sage Intacct, etc.) to decrease the amount of manual work (and human error!) required.

Companies saw a 64% reduction in errors and 40% improvement in policy compliance when using an expense management solution.
— The Aberdeen Group

Boost Employee Productivity to Lower Costs

According to the Aberdeen Group, the average cost of processing a single expense report is $20.65 factoring in the time it takes for a finance team to review, approve, file and reimburse expenses. 

An expense management software can help automate your expense reporting and reduce time across the entire workflow. This is especially true with tools that focus on usability and automation, so employees can quickly enter expenses without major disruptions to their work. Be sure  your expense report software can also connect to corporate credit cards for streamlined credit card reconciliation and management.

You can reduce the cost of processing expenses by nearly 60% when implementing an expense management solution.
— The Aberdeen Group