Expensify vs. Teampay

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Expensify
Score 7.2 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.
$0
per month
Teampay
Score 7.2 out of 10
N/A
Teampay (Team Labs, Inc) headquartered in New York provides their distributed spend management platform, designed to give users total control and visibility over spending, and employees purchasing power.N/A
Pricing
ExpensifyTeampay
Editions & Modules
Collect
$5
per month per user
Control
$9
per month per user
No answers on this topic
Offerings
Pricing Offerings
ExpensifyTeampay
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
ExpensifyTeampay
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
ExpensifyTeampay
Expense Management
Comparison of Expense Management features of Product A and Product B
Expensify
7.0
10 Ratings
13% below category average
Teampay
-
Ratings
Employee Expense Reporting7.710 Ratings00 Ratings
Corporate Card Reconciliation6.34 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Expensify
7.0
9 Ratings
14% below category average
Teampay
-
Ratings
Customizable Approval Policies7.18 Ratings00 Ratings
Financial Document Management7.24 Ratings00 Ratings
Payment Status Tracking6.66 Ratings00 Ratings
Payment Audit Trail8.06 Ratings00 Ratings
Duplicate Bill Detection6.98 Ratings00 Ratings
Advanced OCR7.18 Ratings00 Ratings
Electronic Funds Transfer5.94 Ratings00 Ratings
Best Alternatives
ExpensifyTeampay
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
BILL Spend & Expense
BILL Spend & Expense
Score 8.9 out of 10
Medium-sized Companies
BILL Spend & Expense
BILL Spend & Expense
Score 8.9 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.5 out of 10
GEP SMART
GEP SMART
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ExpensifyTeampay
Likelihood to Recommend
5.1
(98 ratings)
7.0
(1 ratings)
Likelihood to Renew
10.0
(8 ratings)
-
(0 ratings)
Usability
7.0
(1 ratings)
-
(0 ratings)
Support Rating
8.5
(42 ratings)
-
(0 ratings)
User Testimonials
ExpensifyTeampay
Likelihood to Recommend
Expensify
Expensify has been incredibly useful to me for many years. Considering I am using the free version, it's hard to find a better value! If your company does not have a good expense-capturing system, Expensify will save you hours on submitting reports. You can take a picture and toss the paper receipts right at the point of sale without worrying about losing them during your travels. If you have a small business, you can use it to track and organize regular expenses to make billable expenses and end-of-year taxes a whole lot easier.
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Teampay (Team Labs, Inc)
Well suited for simple payroll needs. Not a great option for large companies looking for more detailed reports. We have always been able to get employees paid on time and easily.
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Pros
Expensify
  • Submitting expenses. It's easy to enter an expense, choose a category, enter the dollar amount and submit it. That's about it.
  • Uploading receipts. You can send receipts to Expensify from your phone, or upload them from your computer.
  • Entering hours worked. It's simple to move from expenses over to timesheets to submit the hours that you've worked.
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Teampay (Team Labs, Inc)
  • Simple to use
  • User friendly
  • Effective
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Cons
Expensify
  • Make it easier to submit multiple receipts/files in one expense
  • Often times I get a warning that the value of a receipt doesn't match what I manually I inputted. So making Smart scanner a little smarter, essentially.
  • It would be fun to see stats about my expenses
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Teampay (Team Labs, Inc)
  • Generating Reports
  • Employee Profile Information
  • Password Reset Function to Reset for Employees
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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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Teampay (Team Labs, Inc)
No answers on this topic
Usability
Expensify
Mobile works great, but let's be honest. It's just a photograph. Their OCR and human turk technology works great to scan that photo and enter the proper information. The web interface is decent and allows you to work with single expenses in great detail. What's missing is the ability to mass update expenses, and this sometimes hurts, especially if you're a heavy user of the system.
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Teampay (Team Labs, Inc)
No answers on this topic
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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Teampay (Team Labs, Inc)
No answers on this topic
Alternatives Considered
Expensify
Concur was a great product as well but Expensify offers the ability to quickly upload expenses and submit reports just the same. There is no free version with Concur, so for a small business that's interested in keeping costs down I would highly recommend Expensify.
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Teampay (Team Labs, Inc)
Teampay was simplified and great for smaller businesses. ADP Workforce Now has many add-on features, while Teampay feels more basic but effective.
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Return on Investment
Expensify
  • Our organization no longer spends countless hours per month orchestrating the consolidation of data (MS Excel, typically) into our general ledger.
  • Our accounting department is no longer tasked with making sure the correct individuals have approved submitted reports.
  • Our accountants have a much easier time coding the reports that have been submitted by users. For the most part, we rely on users to code their submissions to the correct accounts.
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Teampay (Team Labs, Inc)
  • Teampay helps us effectively process payroll for our employees
  • S. and Canada ADP don't communicate, operated as a completely separate company
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ScreenShots

Expensify Screenshots

Screenshot of the Expensify financial management app for expenses and corporate cards.Screenshot of The Expensify Card, which offers up to 2% cash back and 50% off the monthly Expensify bill. It includes realtime alerts, spend limits, and auto-reconciliation.