ExpenseWire vs. Motus

Our organization was able to get a deep discount on the product, so it's suited for small businesses that are very cost conscious that just need basic tools. It's best to evaluate your accounting platform and how the information can flow from ExpenseWire to the financial application, since what we use currently doesn't allow automatic sync, which might be problematic in many cases.

Incentivized

I would recommend Motus to anyone processing a FAVR program currently. A tax-compliant system results in a saving for the company that can be passed along to the individual. The higher the effective tax rate for the individual, the greater opportunity for tax-loss savings. As a company, we made our policy more stringent but also increased employee gross pay while reducing employee cost.

Incentivized

• Ability to directly reimburse employees' bank accounts on the application itself; no need to do a separate wire/ACH payment via the company bank
• Keeps track of all receipt submissions and you can view them on the application
• Approval flow meets our needs

Incentivized

• Saves time by automatically tracking mileage for me.
• Easily submit mileage at the end of the month.
• Easy to edit mileage if needed.

Incentivized

• Increase ability to integrate with different accounting platforms automatically (we use Xero)
• Enhance the ability to generate more types of reports with different field combinations
• User interface is not as user friendly compared to other solutions

Incentivized

• Drains your phone battery.

Incentivized

We did not use a FAVR compliant company in the past. Fixed monthly amounts were processed on payroll and taxed, variable mileage expense was processed on expense reports.

Incentivized

• Less time spent inputting/tracking expenses
• Positive employee feedback (greater satisfaction as compared to Excel)

Incentivized

• More time spent prospecting.
• Able to hit objectives much easier.

Incentivized