ExpenseWire vs. Shoeboxed

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'm not sure how Shoeboxed can be used in a large organization, but for our small business, it is perfect. I'm the only one who deals with our finances and works with our accountant and for that Shoeboxed is simply my lifesaver and worth so much more for not just all the time it saves me but all the worries and headaches too.

• 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

• Hassle free ways to submit (mobile, snail mail, etc.) with virtually no workload for us
• Digitalizing business cards to facilitate contact management
• Categorizing of receipts to make them searchable

• 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

• I had some issues with the mobile app in the past - where it crashes or gets stuck uploading. I think they fixed most of that, however, I transitioned to simply mailing my documents off to them.

We felt we got more customized support through Shoeboxed and pricing was competitive.

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

Incentivized

• It saves me, I would say, at least 2-3 hours each week
• We probably generate 'better' tax returns - more deductions and save on our accountant in the process, since they have everything perfectly prepped