Deluxe Payment Exchange+ vs. Rydoo

Deluxe works great for us as we have a decent number of payments that go through them. I believe it would not be efficient for a smaller company who did not receive a lot of checks or electronic payments. Our volume warrants outsourcing of payment processing as it saves us a lot of time in-house. I would weigh the costs of the service against the time and payroll it costs your company.

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I would recommend it for someone who wanted to track reimbursed expenses or credit card expenses, but there is not enough in Rydoo to work with these two distinct categories of items separately. It is not a good fit for someone looking to have their expenses seamlessly reimbursed (like Expensify). I do recommend it if you need to work with multiple currencies, because it makes that easy.

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• allows check signors to sign checks when they are traveling
• allows vendors to received payment same day
• eliminates the need to mail payments via snail mail

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• Saves recent accounts so you do not have to search for them each time you are adding receipts
• Matches transactions quickly
• Reads receipt details accurately

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• the ability to set up multiple check signatures depending on who is signing the check
• Deluxe Payment Exchange+ to sell check blanks that we could use if we want to have the check emailed back to the company and print out a paper check
• More space on payee line

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• Support responsiveness.
• Features to detail what has actually been reimbursed vs. what has been reported.
• More flexibility in setting approval flows.

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It is more useful for large companies who have to make payments on large scale. The reason for less rating is because it is not useful for business who have less volume as the Deluxe Payment Exchange+ software needs customized setup required which can be less flexible and costlier to smaller organizations. The software can be improved and available at less cost to businesses who have less transactions.

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When Rydoo is responsive, support is just fine, but there have been times when our requests for support have gone unanswered for more than a day when their queue has indicated response times much shorter than that.

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It was used as an alternate app as it user friendly and has similar cost compared to Plooto. Also it offers most of the features that Plooto is offering. But Plooto is useful for small businesses which Deluxe Payment Exchange+ is missing the needs of organizations with less transactions.

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Expensify was easy to use too but I feel like Rydoo does a better job of capturing receipt info with less work on the users end. Also with Rydoo you don't have to create a report, you can just submit expenses as you go. With Expensify you had to create a report first which added extra unnecessary work with no benefits.

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• It's allowed company growth with the need for extra accounts staff
• Allowed for easier payment management on the go
• Gone a good way to pay for itself on extra staff and resources not needed

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• Rydoo saves time, which saves money. I'm able to make and check expenses quickly.
• Rydoo was easy to learn and integrate. It didn't require lengthly training so it smoothed the onboarding process for new hires.
• Rydoo centralizes internal communication about specific expenses, since you can leave comments.

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Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info