Fyle vs. Ramp

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fyle
Score 7.6 out of 10
N/A
Fyle is an expense management solution built for finance teams. Fyle extracts data from receipts, attaches the invoice, and ensures constant compliance - all in real-time. Fyle's benefits: Easy expense tracking: Submit expenses from everyday apps like Slack, WhatsApp, G suite, Outlook, and SMS. Automatic corporate card reconciliation: reconcile any card transaction, expense, or receipt in an audit-ready fashion without any manual intervention. Predictive…N/A
Ramp
Score 9.3 out of 10
N/A
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. Boasting best in class user experience and a direct integration with the user's accounting solutions, the vendor states Ramp helps finance teams save 1-2 days a week tracking expenses, following up with employees, and closing their books. With Ramp, companies have real time visibility into spending, automated expense reporting, and advanced…N/A
Pricing
FyleRamp
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FyleRamp
Free Trial
YesNo
Free/Freemium Version
YesYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsRamp is 100% free.
More Pricing Information
Best Alternatives
FyleRamp
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 8.8 out of 10
Medium-sized Companies
Darwinbox
Darwinbox
Score 7.9 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
FyleRamp
Likelihood to Recommend
8.6
(3 ratings)
9.7
(15 ratings)
User Testimonials
FyleRamp
Likelihood to Recommend
Fyle Technologies Pvt. Ltd
Fyle is a much better software than traditional excel reports as it provides both a mobile app and desktop application. Though there is much room for improvement, it still can be rated higher for more users as it makes the process of claims processing and auditing much faster and easier as compared to handling physical bills and receipts. It has helped my organization to save on 2 man-months cost as well by reducing the redundant activities of automating bill submission through apis for common apps like UBER, OLA, etc.
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Ramp Business Corporation
Ramp is great if you want to automate your expenses process. Ramp immediately responds when I (or someone on my behalf) make(s) purchase and I can easily pass receipts and notes live. No more searching for "stuff"!! I spend more time on my job and not worrying about chasing things down or forgetting what was purchased. I charge, I send notes, and I'm done. It's so easy!!! It's incredibly helpful to be able to instantly spin up a virtual card for employees on the go or who have planned expenses. It gets you away from a delayed reimbursement to remote employees and having expenses coded by the employees shortly after they make their purchases.
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Pros
Fyle Technologies Pvt. Ltd
  • Expense management
  • Submitting bills for Reimbursement
  • Approval process
  • Expense tracking
  • The ability to converse within the app. If the approver rejects, the requester can see the reason and type back their response/rectify and resubmit. All within the app.
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Ramp Business Corporation
  • You can forward your receipts to receipts@ramp.com and it will auto-approve.
  • You can easily reverse charges if an employee accidentally places a charge on their work card.
  • You can send employees physical Ramp cards.
  • You can create as many virtual cards as needed.
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Cons
Fyle Technologies Pvt. Ltd
  • Calculate miles on the go
  • Bugs at time of submission
  • Not enough categories for expenses. More dropdowns would be helpful.
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Ramp Business Corporation
  • More flexible spend rule requirements that align with the $75 IRS compliance rule for food/travel purchases. Our organization has a $25 compliance threshold for food and travel. It would be helpful if Ramp provided the ability to customize this type of spending requirement for particular categories with respect to receipt requirements.
  • A little more support in implementing a two-entity environment.
  • Increased heads-up on : auto approval of credit card returns.
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Alternatives Considered
Fyle Technologies Pvt. Ltd
Features wise both Zoho and Concur are equivalent to Fyle - may be they even offer more features. We picked Fyle particularly because: a) We are a small organization of less than 200 employees and were looking for a cloud based offering b) We had to keep our costs minimal without making major changes to our organization structure Fyle was most optimal that catered to all our requirements.
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Ramp Business Corporation
We moved to Ramp from Expensify at our accountant's advice. We went with her advice due to ease of use, ease of Quickbooks sync, ability to send reminders with one click, and more. We are very happy with the decision to switch to Ramp.
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Return on Investment
Fyle Technologies Pvt. Ltd
  • Saves so much time!
  • Makes it easier for everyone involved in the processes
  • Ease in releasing payments/reimbursements.
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Ramp Business Corporation
  • It has given us the ability to make informed decisions for controlling costs.
  • Increased oversight (mandatory rules) impacts people to be more mindful when spending funds.
  • Setting static limits on cards and being able to monitor with a click of a button.
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ScreenShots

Fyle Screenshots

Screenshot of Use Fyle's Gmail extension.Screenshot of Create custom policies.Screenshot of Detect policy violations automatically.Screenshot of Get analytics to make informed decisions.Screenshot of Powerful, all-in-one dashboard.

Ramp Screenshots

Screenshot of Screenshot of Screenshot of Slack integrationScreenshot of Vendor ManagementScreenshot of Automated savings insights