Compare the Top 5 Expense Management Software in the UK

See how providers perform on ROI, user ratings and additional features to find the right software for you.

Julian, Author
Last updated: May, 2024
Providers
Features
Rating
Further info
Most Popular
  • 47% increase in finance team productivity.
  • 27% quicker employee reimbursement.
  • £700 saving per employee annually through improved efficiency.
  • Achieve a 4.5x ROI
  • Real-time tracking of budgets across all spend
9.8

Moss offers comprehensive expense management solutions designed to drive growth for businesses. From corporate cards to invoice management and expense reimbursement, Moss helps financial teams make informed, data-driven decisions to propel business success.

Trusted by over 3,000 businesses, Moss streamlines expense management challenges, eliminating time-consuming tasks such as manual data entry and approval processes. With Moss, businesses gain a comprehensive summary of expenses and valuable insights to optimize financial tracking.

By utilizing Moss, companies can take charge of their expenses, reducing paperwork while maintaining control over corporate spend. With faster month-end processes and more accurate expense reporting, Moss empowers businesses to efficiently manage their finances.

Employees can easily submit expense claims through the Moss mobile or web app, leveraging OCR technology to capture receipt details and streamline the submission process. Additionally, Moss facilitates seamless expense approvals and payouts with tailored workflows and swift reimbursements via mobile app or bank payment files.

Moss enables paperless month-ends with automated accounting, providing real-time monitoring of expenses that are automatically categorized and pre-coded for review. Integration with top accounting software ensures a seamless sync with chart of accounts and reliable exports. Businesses can experience effective expense management software by booking a call with Moss experts to learn how to elevate their finance team and optimize financial operations.

Best for businesses with 10+ employees
  • Up to £250k credit limits
  • Save on FX compared to banks (1.99%)
  • All-in-one solution
  • Flawless Integrations
  • Auto Reconciliations
9.5

Working best for businesses with >50 employees, Payhawk’s leading expense management solution offers a wide variety of solutions to businesses that enable them to better manage their expenses, invoices and subscriptions.

One of the many benefits Payhawk offer is there host of fantastic integrations, allowing you to take advantage of their expense management suite whilst not losing connection with your existing business tools. Some examples of their integrations include:

– Xero
– Microsoft Dynamics 365
– NetSuite
– Azure
– Quickbooks
– And more!

If their existing integrations aren’t enough, Payhawk also offer the ability to customise integrations for their clients through their partner API form, meaning all businesses can be supported.

Payhawk also offer the most efficient corporate visa credit and debit cards for your business, which backed up by their powerful expense management software allows you to manage your cash flow with ease:

– Set impactful spend controls
– Real-time business spend monitoring
– Simplified bulk card management
– Create approval flows that reflect company structures

And all this is just the tip of the iceberg when it comes to what Payhawk could offer you business. Schedule a free demo today to find out how they can help your business take back control on your finances and expenses.

  • Trusted by 25,000+ customers
  • Completely free to use
  • 90% user satisfaction rate
  • Save over 138 hours on expenses each year
9.3

Pleo is a cutting-edge expense management software that provides a hassle-free solution to manage business expenses effectively. It is designed to assist businesses in controlling their spending and offers an array of features to streamline the expense management process.

One of the key benefits of Pleo is its easy-to-use virtual cards, which allow employees to make purchases conveniently while enabling managers to monitor and manage spending in real-time. This feature enables businesses to keep track of their expenses effectively and eliminate the need for manual reporting. Pleo’s automated accounts payable solution also makes managing and paying invoices faster than ever before.

Pleo’s list of integrations are best in class, connecting with tools your finance team use every day like:

  • Netsuite
  • Xero
  • Sage
  • Travelperk
  • And more

Pleo’s software also includes automated expense reporting, which simplifies the process of tracking expenses and reduces the workload of employees. The platform automatically categorizes expenses and generates detailed reports, eliminating the need for manual data entry and allowing for more accurate and timely reporting.

  • Unlimited users, just £50 per year. Free for charities & non-profits
  • Complete control & visibility. Teams only spend what you allow
  • Directly integrated with Xero
  • Works around the world. Access 140+ currencies at great exchange rates
9

Equals Money makes money movement simple, join over 20,000 companies they’ve helped take control of their business expenses.

Stay on top of team spending with physical and virtual cards* and an easy-to-use online platform. Your team can request top-ups, pause their card, and check their PIN 24/7. They can also spend all over the world while you monitor their spending in real time.

You’ll get an expert account manager who works to understand your business needs, arrange demos for your team and help protect your business from volatile markets with great exchange rates on international payments.

Finance Managers stay in control by monitoring budgets, responding to requests, and adjusting permissions for users.
*Fees may apply to issue physical cards.

  • AutoExpense Tracking
  • Team Card Control
  • Effortless Bookkeeping
8.7

Simplify Expenses & Boost Productivity with Revolut! Automate expense tracking, empower your team with tailored debit cards, and stay in control with real-time notifications. Spend less time on admin, more on growth.

Invite your whole team and tailor every aspect of their card access. Set spending limits, block and freeze cards, and determine how team members can spend.

Wave goodbye to missing information! Team members get instant reminders after each card transaction. Once a receipt is uploaded or forwarded via email, it’s attached to the right expense, meaning less work for you

  • Gives flexibility
  • Keep expenses in check
  • Eliminate form-filling
8.5

Tide are an industry leading expense management provider that makes expense management simple, taking the stress out of your day to day with easy to learn and use software. Makin it easier than ever to manage your business finances.

Tide brings your essential bookkeeping and accounting jobs into one, user-friendly platform. Track performance with powerful reporting, manage bookkeeping and stay organised and get your taxes right first time, on time.

Tide also ensures you get paid faster, with personalised invoices. Invoice your customers straight from the Tide app, as soon as you finish the job – and get paid on time. You can also add payment links to your invoices, so your customers can pay you on the spot.

  • 100% cash flow transparency
  • OCR integrations
  • Approval workflows
8.3

Precoro’s expense management software is a powerful tool designed to simplify the process of managing expenses for businesses of all sizes. The software is known for its intuitive interface and customizable features, making it an ideal choice for businesses looking to streamline their expense management processes.

One of the key strengths of Precoro is its flexibility, with customizable workflows and automated approval processes. The software allows businesses to create and manage expense reports quickly and easily, with options for categorizing expenses and setting spending limits.

Precoro is also known for its user-friendly interface, which makes it easy to navigate and use. The software offers a range of features, including real-time tracking, budget control, and vendor management, all designed to help businesses manage their finances more efficiently.

What is an Expense Management Software?

Expense management software is a tool that helps businesses manage and track their expenses. It can perform a range of functions, including:

  • Capturing receipts and invoices for expense reporting
  • Corporate cards with range of controls to keep track of individual & team spending
  • Travel expenses including mileage tracking
  • Tracking employee expenses and reimbursements
  • Automating the approval process for expense reports
  • Integrating with other business processes, such as accounting and payment processing
  • Providing real-time visibility into expense metrics, allowing businesses to make informed decisions
  • Ensuring compliance with corporate policies and regulatory requirements

Expense management software is particularly useful for businesses of all sizes, from small startups to large enterprises, that need to manage their expenses efficiently. By automating many of the manual tasks involved in expense management, businesses can save time and reduce errors, ultimately improving their financial performance. The software’s real-time data updates and powerful analytics also provide businesses with the insights they need to make informed financial decisions.

Editor’s Top 3

Editor's Top Pick

Take charge of your company spend. Less paperwork, but more control over spend, faster month-end, and more accurate reporting.

Payhawk is the leading spend management solution for domestic and international businesses throughout Europe, the US, and the UK. Combining company cards, reimbursable expenses, accounts payable, and seamless accounting software integrations into a single product.

Pleo is the best solution to simplify your company expenses. With a seamless set-up process you can start managing your expenses ASAP

Who we are

Tech.co is a leading business technology authority, here to help you know more about tech and find the best solutions to work smarter and grow securely. We assist over half a million customers each month in making the right choices for their needs, with our comparison charts, guides, and reviews.

The right tech can help you find new and more efficient ways of running your operation, retain and attract loyal customers, protect your assets from security risks, or even add entirely new revenue streams. We should know, because we’ve been there; Tech.co started out as a simple community-building Tech Cocktail event, back in 2006, and has transformed into a fully-fledged media company.

Advertising disclosure

Please be advised that the operator of this site accepts advertising compensation from the companies listed, and such compensation impacts the location and order in which the companies (and/or their products) are presented. Company listings on this domain do not imply endorsement.

Read more →