Item: Sage Expense Management
Rating: 9
Author: Praburam Srinivasan

Overall Satisfaction with Fyle

Use Cases and Deployment Scope

We use Fyle to manage, track and reimburse expenses at our company.

Almost everyone in the company started using Fyle during the COVID wave. Our organization was generous enough to offer allowances like WFH Setup, Fitness and Reading Allowance, and more. Every employee had various expenses pertaining to the allowances and we used Fyle to submit bills, get approvals, and claim reimbursements.

While there were a lot of questions around the scope of allowances and which bills can be submitted etc, we never had any issue with submitting bills or claiming reimbursements because Fyle made it easy for us.

When you don't even notice a new app in the whole pandemic situation, it only means that the app is so great to use and no one found it odd or difficult to use. That was Fyle for us.

Pros and Cons

Pros

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.

Cons

Ability to upload multiple bills at once. The file upload option as of now allows only one file to be uploaded at a time

Return on Investment

Saves so much time!
Makes it easier for everyone involved in the processes
Ease in releasing payments/reimbursements.

Alternatives Considered

Expensify

Key Insights

Do you think Sage Expense Management delivers good value for the price?

Yes

Are you happy with Sage Expense Management's feature set?

Yes

Did Sage Expense Management live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Sage Expense Management go as expected?

I wasn't involved with the implementation phase

Would you buy Sage Expense Management again?

Yes

Likelihood to Recommend

A business/individual can definitely opt Fyle for their expense tracking and management.
In a remote-first, employee first world, it's vital for companies to stay close to employees and make it easier for employees/users to claim reimbursements etc.
A cloud software like Fyle is all you need to get started.

What more do you need than a robust app that has seen over 50 million dollars being reimbursed to date?

While this is the positive use case of Fyle, I think another major use case would be to monitor and track expenses made by employees. It'll help finance teams to see policy violations, make sure the claims are authentic, and reimburse only valid claims. It's intelligent in that way.

Comments

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Fyle, so that you don't have to buy (employee count)x paper files.