Name: ExpenseWire
Rating: 7 (2 reviews)
Author: Paychex Inc.

Digital Adoption

Help Desk

Web and Video Conferencing

Customer Support

Online Learning

Education

Business Intelligence (BI)

Collaboration

Enterprise

Accounting

CTRM

Finance and Accounting

Applicant Tracking

Compensation Management

Contractor Management

Corporate Learning Management

Employee Onboarding

HR Management

Payroll

Resume Parsing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

API Design

Browser

C/C++ Integrated Development Environments

Change and Configuration Management

Cloud Storage

Data Center Infrastructure Management

Data Observability

Data Pipeline

Enterprise Architecture Management

Enterprise Backup

Extended Detection and Response (XDR)

Fraud Detection

High Availability Cluster

Integration Platform as a Service (iPaaS)

Internet of Things (IoT)

Interoperability

Network Performance Monitoring

Password Management System

Remote Monitoring and Management

Security Awareness Training

Software Defined Storage (SDS)

Static Code Analysis

Storage Area Network

Voice Recognition

Vulnerability Management

Web Application Firewalls

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Content Marketing

Digital Experience Platforms (DXP)

Email Marketing

Graphics

Heatmap and Session Recording

Marketing Automation

Marketing OS

Social Media Management

Survey & Forms Building

Swag Management

Web Analytics

Marketing

Field Service Management

Professional Services Automation

Project Management

Prototyping

Professional Services

Customer Relationship Management (CRM)

Point of Sale

Sales Intelligence

eCommerce

Sales

Insider Risk Management

Secure Service Edge (SSE)

Security

Church Management

Forestry

Telemedicine

Vertical-Specific

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ExpenseWire is an online expense management product offered and supported by Paychex since the 2012 acquisition.

SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.

Concur Travel and Expense

Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.

Early

Growing

Established

ExpenseWire

Expense Management Software is designed to submit, process, reimburse, and track employee expenses. Typical features facilitate and automate invoicing and approval processes. Document management is usually contained in the software for capturing receipts and creating an audit trail. This allows administrators to approve expenses (e.g. for travel) and generate reports. More comprehensive software manages travel itinerary and add various levels of support for the transaction process, increasing efficiency and reducing fraud.

Expense Management

Likelihood to Recommend

Paychex
Flex® is an all-in-one HR solution designed with simplicity in mind. With
technology that grows and changes with your business, Paychex has the right
combination of innovative business solutions and dedicated support to help you
reach your goals, wherever your business is going.

•Hire,
pay, manage, and retain employees with confidence

•Get
experienced, award-winning support where and when you need it
with our 24/7/365 U.S.-based, live support team

•Stay
ahead of changing laws and regulations with our compliance experts

•Access
your information on the go with the Paychex Flex Mobile App and
Paychex Voice Assist

Talent
Management: Recruit, retain, and develop top talent
from a single HR platform and streamline your hiring and onboarding
process. 

Workforce
Management: Improve
employee efficiency and productivity with our vital workforce
management resources. 

Payroll
and Financial Support: Easily pay employees and manage
taxes, expenses, and more, so you can continue to focus on your
business. 

Employee
Benefits: Attract and retain top talent by offering
valued employee benefits while simplifying your plan
administration. 

PEO
and HR Outsourcing: Support your business throughout the
entire employee lifecycle with our comprehensive HR outsourcing
solutions. 

Employee
Experience: Save time and improve accuracy by giving
employees access to self-service HR, training, and financial
tools. 

Integrations: Automatically
and accurately connect and share data between your software and
Paychex Flex.

Choose
the right level of technology and support for your business now — while
keeping the ability to grow as your needs change. See why Paychex is
the largest HR company for small to medium-sized businesses and let us simplify
your payroll experience.

Paychex Inc.

Employee Expense Reporting

Allows companies to track employee expenses to make cost-effective decisions.

Corporate Card Reconciliation

Allows companies to reconcile employee expenses with company card statements.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

Qualtrics XM for Strategy and Research

Concur Invoice module

ExpenseWire 2021-07-15 12:36:45

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Ability to integrate

Types of reports

User interface

User friendly

Meets our needs

Ability to directly

Bank accounts

Keeps track

Approval flow

Home

Expense Management Software

Currently ExpenseWire is being used across the whole organization of 15 people for inputting, approving, and reimbursing expenses incurred by employees for both out-of-pocket and corporate credit card expenses. It helps to track reimbursements on the portal rather than via Excel, which is what we used to do.

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

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

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

Xero, Concur Invoice, Slack, Box, Qualtrics CoreXM

ExpenseWire

Overview

What is ExpenseWire?