Veryfi Receipts OCR & Expenses vs Airbase Comparison

Intuitive and easy to integrate. Solid app with intelligent tools to manage expenses

Virtual cards are only available via the desktop portal. Limited controls on app

Previously was using Trinet in order to submit expenses. Difference is night and day. Submitting receipts via email is natural, fits in well with my day to day. UI provides clear feedback on what the status of reports is. I also like that they use plaid to link your re-imbursement accounts, the whole process of linking my account took about sixty seconds.

I have very few qualms so far. A back button on the request reimbursement form page would be a nice touch. Or inferring what sort of reimbursement it is (Cash/Card Expense Vs. Mileage) in order to simplify the submission process even more. Overall though, these aren't major impedances to using the software.

Easy way how to distribute money between employees for company expenses

Some payment gates doesn't accept airbase, that could be improved

The ability to request and review/track multiple budgets (via virtual cards) has been a game changer for us. What used to be a more complicated process with hard-to-track communication (using other internal messaging tools )is now so easy and requires less back and forth comms with our finance department. Requesting reimbursement for out of pocket spending is easy and streamlined as well. We also work with many outside vendors, and I am able to review and approve of invoices through Airbase. Everything is easily assigned to the right people and easy to track. I am looking forward to continuing to use the product as we grow as a company!

It is somewhat challenging to attach receipts to expenses. By that I mean that I get an email stating that I have an expense that needs a receipt. That part works great. But then finding the exact expense that needs the receipt, and the location where I can upload the receipt within the Airbase UI could use some improvement. It is not as intuitive as I hope and expect. However, this is a small issue for a product that otherwise works really great!

The ease of uploading receipts and always being made aware of where in process the approval is. Category design

The virtual card I was a bit confused about how to use in the beginning, but the Airbase team was quick to answer any questions I had and helped provide clarity as well!

- Hyper-granular control of expenses. Instead of managing limits and checking expenses on corporate cards, each approved expense request receives a single virtual credit card number (managed by accounting) for that specific vendor an expense (one-time or recurring) - Flexible approval workflows

- Lack of integration with budgeting. Approval workflows should show managers how any discrete approval affects their department budget.

When a startup goes above 100 people, you need a spend management software. Airbase has tons of features, the implementation is easy and their product team always strive for continuous improvement.

I think it's on the right path, however some tool for reconciliation is missing when it comes to check that all the prepaid accounts are cleared and booked and that amortization expense is correct.

Very easy to use and track expenses. The user interface is simple and effective, unlike other relative companies.

There's nothing that I can really think of.

the most impactful feature is having the virtual card. this makes it easy for employees to purchase things without having to submit reimbursements / receipts every single time

the reimbursement feature can be improved, sometimes it takes a while for people to receive reimbursements

Virtual cards is so obviously the future of corporate expenses and purchasing that it's silly it took this long to figure it out.

The experience around recurring software purchases could use some minor clarifications.

Airbase is ideal for managing the company's finances, controlling the spending process, getting a complete perspective on representative expenses, and deciding on business strategies.

airbase works well for me I haven't had any complications yet

- Automatic bill coding with OCR (time savings). - Automatic credit card coding with receipt management function. - Excellent onboarding and implementation team. - Fast responsive customer support team. - Airbase improves features based on customer feedback. - Fast and meaningful product improvements and great UI/UX. - Early access to beta features on request (such as receipt audits, advanced approvals).

- Airbase lacks a few features to replace some other tools effectively (e.g. Expensify). - Annual fee could be lower or cashback on credit cards higher. - International payments still not supported as of early Feb.2021

The most impactful feature for our team has been Airbase's ease of use and the fact that we don't have to process expense reports. So no more wait times for reimbursements to land and no more wasted time tracking down receipts!

Can't think of anything at this time. Airbase has been awesome!

Airbase offers clarity to our finances, the ability to create 1-time use cards for security, safety of finances and ability to see where each dollar goes towards. Airbase offers the ability to upload receipts all in one place in preparation for audits & taxes.

- nothing at the moment. Everything has been very carefully thought out.

This is the first time I have used a spend management platform like this and it is 100% a game changer. I enjoy how easy it is to set employees up to create virtual credit cards and efficiently take care of expenses with external vendors. Permissions that are set up for each person streamlines the approval process and lets them get their work done quicker. It also easily tracks all of your expenses so that you can reference them at any point. Really grateful that my company uses Airbase!

No areas of improvement that I can think of at this time.

One of the good things about having Airbase is that you can keep track of all the expenses and make sure everything is processed and paid correctly. You can make a different virtual card for other vendors is fantastic.

I like pretty much everything about Airbase.

I like that it’s quick to request a purchase from my manager and the dashboard that lets me see different transactions. I get personal expenses reimbursed faster, I can see if a vendor has charged me or not and I can see where I am in regard to budget.

It was a bit confusing the first time I made a pre-purchase request whether to raise a purchase order or a virtual card, but once my manager explained the difference it made sense.

I love the user experience on this platform. Everything about it is just intuitive and well thought out. It makes processing purchasing requests a really seamless experience and has saved us hours of work at the month end. Since adopting Airbase as our platform for spend management, we have been able to take everything back in house, have much more control over our spend, receipts and reporting, and have cut our bookkeeping costs by 90%

I honestly can't think of any downsides to Airbase. Really! It's saved is tons of time, money and headaches.

I love this software! I really enjoy that we can keep track of all our expenses within one platform and how simple it is to submit an expense. It literally takes seconds with the automated receipt scanner. I also love how quickly virtual cards can be created. With virtual cards, you never have to worry about losing a physical card or having the card number being stolen. The transfer of ownership of the cards is always such a seamless process as well!

There are not many things I dislike about the software. Sometimes the automated receipt scanner picks up on the wrong vendor names/amount, but that is super easy to add manually. Also, there are times when you have to go in and edit an approved expense which can be difficult to do, (I typically have to re-submit) but other than that it's a fantastic platform.

* Helped me streamline the entire spend process at Coda.io - I route most expenses through the platform - everything from software to travel to one-off expenditures. * Incredibly easy to use - I have never trained an employee on how to use Airbase. They log in, and it's clear what they should do. * It creates tremendous peace of mind on spend - I don't worry about vendors charging us more than they should, people buying software they don't need, and card numbers getting stolen. * Visibility - It's easy to know what has already been purchased, who purchased it, and how much are we spending. * Keeps getting better - Airbase started with just digital credit cards but the tool is quickly replacing all types of spend management software internally.

* Mobile app still catching up to web app, but moving quickly. * Manually moving over old spend into Airbase by switching credit cards with vendors was tedious, but a worthwhile one-time investment, and Airbase did a lot to make it as painless as possible (found all the vendors for us that we needed to update)