Expensify vs. Lola.com

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Expensify
Score 9.0 out of 10
N/A
Expensify automates the entire spend management process. Scan receipts, track mileage, submit and approve expenses, manage corporate cards, reimburse employees, pay bills, send invoices, and book travel. Built for individuals and companies of all sizes, anywhere in the world.
$5
per month per user
Lola.com
Score 8.0 out of 10
N/A
Lola.com, from Lola Travel Company headquartered in Boston, is a travel management platform featuring employee travel points and other rewards, travel spend tracking and management, generate travel itineraries and receipts, and other features.
$250
per month
Pricing
ExpensifyLola.com
Editions & Modules
Collect
$5
per month per user
Control
$9
per month per user
All-In
$250
per month
Free
Free
Offerings
Pricing Offerings
ExpensifyLola.com
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
ExpensifyLola.com
Features
ExpensifyLola.com
Expense Management
Comparison of Expense Management features of Product A and Product B
Expensify
9.6
149 Ratings
15% above category average
Lola.com
-
Ratings
Employee Expense Reporting9.8148 Ratings00 Ratings
Corporate Card Reconciliation9.563 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Expensify
9.3
136 Ratings
15% above category average
Lola.com
-
Ratings
Customizable Approval Policies9.295 Ratings00 Ratings
Financial Document Management9.299 Ratings00 Ratings
Payment Status Tracking9.7110 Ratings00 Ratings
Payment Audit Trail9.888 Ratings00 Ratings
Duplicate Bill Detection8.9112 Ratings00 Ratings
Advanced OCR8.991 Ratings00 Ratings
Electronic Funds Transfer9.577 Ratings00 Ratings
Best Alternatives
ExpensifyLola.com
Small Businesses
Dext
Dext
Score 9.6 out of 10
Rippling
Rippling
Score 9.0 out of 10
Medium-sized Companies
Precoro
Precoro
Score 9.4 out of 10
Rippling
Rippling
Score 9.0 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 7.9 out of 10
Emburse Chrome River
Emburse Chrome River
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ExpensifyLola.com
Likelihood to Recommend
9.6
(239 ratings)
9.7
(14 ratings)
Likelihood to Renew
10.0
(14 ratings)
9.1
(1 ratings)
Usability
9.6
(140 ratings)
9.1
(1 ratings)
Support Rating
8.5
(45 ratings)
9.1
(10 ratings)
Implementation Rating
9.5
(2 ratings)
-
(0 ratings)
User Testimonials
ExpensifyLola.com
Likelihood to Recommend
Expensify
I think it's really good for small businesses. At least in the way we use it. It's very good for keeping an eye on employee spending in nearly real time. I'm not sure how it works for larger companies when there is a larger number of people to keep track of.
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Lola Travel Company
We are currently in the process of planning our company wide retreat in which we need at least 69 people to book their flights. While with that many people traveling at once, I do suspect I'll get some questions and have to assist some folks however by using Lola.com, the time I would have spent prior will be cut drastically. And I'll be able to see who is taking what flight and obtain departure and arrival information without much interruption to anyone's day. Prior to Lola.com this task would have been something truly daunting, but not this time!
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Pros
Expensify
  • Easy to access online portal whether using a mobile device or desktop app
  • Receipts can be uploaded in a breeze and automatically categorized
  • Expense Reports are submitted monthly on autopilot
  • Expenses for gas is calculated on the app by entering the starting/ending destinations.
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Lola Travel Company
  • Provides corporate leadership with great insights into employee travel costs BEFORE they hit corporate credit cards, thereby facilitating better budgeting, planning, and cash flow management
  • Offers employees who travel a single interface for booking travel
  • Provides employees who are traveling with concierge level service when booking and while on the road
  • The platform's live chat is fantastic!
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Cons
Expensify
  • I wish that I could sync accounts on the back end kind of like with banking software, so that Expensify would automatically port over receipts for recurring expenses as soon as they're available
  • It would be nice to one-click submit an expense all the way through instead of having to attach it to a report
  • Wackier profile icons? :) Not a big deal. This software is pretty much amazing as it is now, and typically the urge to update and modify very good software leads to poor outcomes!
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Lola Travel Company
  • Room for existing features to grow and expand, especially on the administrative side
  • Visually-speaking, the overall layout and color scheme used within the site, specifically when it comes to placement and contrast of key text info, has led to some confusion at times
  • Need for more support of existing travel rewards accounts
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Likelihood to Renew
Expensify
We like using the tool and we receive positive feedback from employees and management who use the tool. It saves time and helps us concentrate on the value adding activities so we are very likely to keep using Expensify in the future
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Lola Travel Company
This is just my guess as I'm not involved in the decision aside from providing feedback on using Lola. I think, from what I've heard, that everyone likes Lola and we'll renew the usage. I say this because we're an all-remote company and this greatly solves the logistics of booking flights for everyone.
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Usability
Expensify
My rating of 8 out of 10 for Expensify's overall usability reflects its strong performance in empowering individual users and streamlining core expense processes, while acknowledging that there are specific areas, particularly on the administrative or enterprise side, where the user experience could be further refined. Exceptional End-User Experience (for basic tasks).Automation & Time-Saving Features.Clear Workflow for Approvers. Why it's not a perfect 10 (areas for improvement that dock points): Limited corporate bank to choose from, limited multi-currency to pay to ( for instance, as a foreign corporatio,n i cannot pay with my US account to Israeli employees, or pay to our UK employees)
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Lola Travel Company
Lola is simple and straight to the point in regards to usability. I didn't have to figure things out and felt that the interface was intuitive. I loved it.
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Support Rating
Expensify
Our rep has been amazing. He has built custom reports for us that have been very time consuming and difficult. Our reps are also currently looking into new submission solutions for us that we are excited about. They came up with this and recommended it on their own without me complaining about an issue. They are about our success and are very excited about the product they offer.
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Lola Travel Company
Lola's customer support is fantastic. They have frequently contacted us when there are travel alerts, or anticipated flight cancellations to re-book us before it was too late. They are always helpful and pleasant and we have never had any issues.
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Implementation Rating
Expensify
The implementation process went rather smoothly, linking it to the bank and cards was handled easily. without too many unnecessary steps. Getting the accounts setup did take some time, but that would be true with any organization. All in all things went smoothly and I was very pleased with the setup and implementation process
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Lola Travel Company
No answers on this topic
Alternatives Considered
Expensify
It is definitely 10 times better than using an Excel spreadsheet. We are talking a digitized with AI type capabilities to do the work for you. It’s honestly a lifesaver. This beats manual calculations and data entry any day. Scanning 100 receipts and saving them to pdf files not only takes space on your storage but it is an extra unnecessary step
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Lola Travel Company
Lola.com is much easier to use in terms of UX. Very little Admin and/or user training is needed to get up and running with Lola.com -- which increases our ability to quickly scale the solution. However, I would say that Concur is able to do more inside the travel arena with the addition of expense tracking.
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Return on Investment
Expensify
  • We went from paying credit card fees with no approval process to a no fees and complex approval processes.
  • I personally save time in not having to develop a spend report I just have my admin assistent fill in the details of the auto generated report and it is done. Went from an hour long process to 5- 10 minutes max to prepare a high quality audit ready report.
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Lola Travel Company
  • They have made travel cheaper, so that is a direct reflection to our customers and to us.
  • Customer Service just makes the stress of travel on our employees not so bad. Knowing we have someone to stand behind us while we travel goes a long way
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ScreenShots

Expensify Screenshots

Screenshot of the dashboard used to manage expenses, book travel, reimburse employees, and create expense reports.Screenshot of corporate cards. The Expensify Card offers cash back on every US purchase.