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Pleo

Score8.8 out of 10

5 Reviews and Ratings

What is Pleo?

Pleo is a cloud-based business software product designed to simplify expenses and automate expense reporting for small and medium-sized businesses. With Pleo, companies can issue virtual and physical smart payment cards to their employees, enabling work-related purchases while retaining control over spending. The platform offers a real-time dashboard that tracks expenses as they occur, allowing users to detect fraud immediately.

Read more details.

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Top Performing Features

  • Employee Expense Reporting

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

    Category average: 8.7

  • Corporate Card Reconciliation

    Allows companies to reconcile employee expenses with company card statements.

    Category average: 8.5

  • Customizable Approval Policies

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

    Category average: 8.4

Areas for Improvement

  • Duplicate Bill Detection

    Detects duplicate invoices or expense reports to prevent double payments.

    Category average: 8

  • Electronic Funds Transfer

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

    Category average: 8.7

  • Advanced OCR

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

    Category average: 8.3

Who Buys & Uses Pleo

Streamlining Expenses with Pleo: A Comprehensive Review

Use Cases and Deployment Scope

for submitting expenses, and integration with other financial software
expense tracking
Set up reimbursement processes within Pleo to expedite payments to employees.
This made reimbursements more efficient.

Pros

  • Expense Tracking and Management
  • Compliance and Policy Adjerence
  • Cost Control with streamlined reimbursements

Cons

  • integration options
  • reporting and analytics
  • mobile app usability
  • expense rule automation
  • multi-currency support
  • receipt management
  • expense policy customization

Return on Investment

  • improving efficiency
  • providing valuable financial insight
  • Improved Compliance:
  • Visibility and Reporting

Alternatives Considered

Zoho Expense and SAP Concur

Other Software Used

Zoho Expense, SAP Concur