Concur vs Yendo Accounting
Last Updated:Our analysts compared Concur vs Yendo Accounting based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Yendo Accounting is a comprehensive software solution designed to streamline financial management tasks such as bookkeeping, invoicing, and financial reporting. It is particularly well-suited for small to medium-sized businesses across various industries, including retail, services, and manufacturing, due to its user-friendly interface and robust functionality. The software offers unique benefits like real-time financial insights and automated processes that enhance efficiency and accuracy in accounting operations. Users appreciate its powerful features, such as customizable reports and seamless integration with other business tools, which facilitate a more cohesive financial management experience. Compared to similar products, Yendo Accounting is often praised for its intuitive design and ease of use, making it accessible even for those with limited accounting knowledge. Pricing details are not readily available, so it is recommended to contact SelectHub for a tailored quote based on specific business needs.
Product Assistance
Product Insights
- Reduce Cost: Connect various sources of expense data and reduce the need for manual information entry. Make more intelligent business decisions with accurate and consolidated data.
- More Centralized Data: Connect with over 150 apps and spend data giving employees the freedom to work without hunting down information.
- Ensure Compliance: Automate policy upgrades to ensure compliance. Leave no room for non-compliance by flagging exceeded spending thresholds for the employees.
- Accessibility: Access the system by web or mobile app. Record expenses through the journey in the app while on the go. Manage travel and costs quickly and easily – including photographing receipts and attaching them to the expense claim.
- Go Paperless: Eliminate the need for paper receipts by storing all receipts in the receipt store.
- Easy Approval: Approve expenses across the different departments with real-time notifications.
- More Straightforward Invoice Management: Review the invoice and submit it without any manual intervention.
- Minimize Risk: Mitigate risk by importing feeds from travel suppliers and corporate credit card providers. Protect the business in tax season by creating an accurate audit trail.
- Transparency: Check for new ways to save money by gaining complete control over the organization’s funds. Keep a tab of open but unapproved expenses in the system. Report spending across each department to identify areas of excess.
- Streamlined Financial Management: Yendo Accounting simplifies complex financial tasks, allowing businesses to manage their finances with ease and precision, reducing the likelihood of errors.
- Real-Time Financial Insights: Gain immediate access to up-to-date financial data, enabling informed decision-making and strategic planning based on current financial health.
- Enhanced Collaboration: Facilitate seamless collaboration among team members by providing shared access to financial data, ensuring everyone is on the same page.
- Time Efficiency: Automate routine accounting tasks such as invoicing and payroll, freeing up valuable time for your team to focus on growth-oriented activities.
- Cost Savings: Reduce the need for extensive manual labor and minimize the risk of costly financial errors, leading to significant savings over time.
- Scalability: Easily adapt to the changing needs of your business, whether you're expanding operations or managing seasonal fluctuations, without overhauling your accounting system.
- Data Security: Protect sensitive financial information with robust security measures, ensuring compliance with industry standards and safeguarding against data breaches.
- Customizable Reporting: Generate tailored financial reports that meet the specific needs of your business, providing clarity and insight into various financial aspects.
- Improved Cash Flow Management: Monitor and manage cash flow effectively, helping to maintain liquidity and avoid potential financial pitfalls.
- Regulatory Compliance: Stay compliant with ever-changing financial regulations and tax laws, reducing the risk of penalties and legal issues.
- Integration Capabilities: Seamlessly integrate with other business tools and platforms, creating a cohesive ecosystem that enhances overall operational efficiency.
- User-Friendly Interface: Navigate the software with ease, thanks to an intuitive design that requires minimal training and supports quick adoption by new users.
- Customer Support: Access reliable customer support to resolve any issues promptly, ensuring minimal disruption to your business operations.
- Scalable Pricing Options: Choose from a range of pricing plans that align with your business size and budget, ensuring you only pay for what you need.
- Environmental Impact: Reduce paper usage and contribute to sustainability efforts by digitizing financial processes and documentation.
- Real-Time Integration: See precisely what is being spent with real-time data and AI audits to help the businesses. Eliminate blind spots.
- Automate Rules: Automate and apply rules fairly and consistently so that everyone’s expectations are met and fraud is easily caught.
- Accounts Payable Automation: Automate the invoice process to catch duplicate entries. Save significant time with invoice tracking and quicker payments.
- Travel Integration: Record expenses incurred on work-related trips automatically. Prepopulate business travel information so it’s easy for employees to submit accurate claims for reimbursement.
- Analytics: Improve control over funds, examine productivity and increase compliance with automated, fast and accurate reporting.
- Budget: Get a consolidated view of revenue and expenses in real time on an easy-to-use dashboard to identify gaps and make well-informed decisions.
- Drive: Capture mileage to ensure compliance, reduce fraud, cut costs and reimburse employees adequately.
- Audit: Ensure all employees are compliant and each dollar spent is certified against the company’s policy with a receipt audit service.
- Payment Solution: Automate and simplify vendor payment and reimbursement.
- Company Bill Statements: Centralize company cards and financial statements that capture total spend and maintain policy control.
- Travel: Ensure every employee is supported with travel insights, regardless of where the trip is booked.
- TripLink: Connect travelers and itineraries across multiple channels. Apply policies to direct booking to boost compliance and locate and support travelers.
- TripLink Connected Suppliers: Set up direct connections with suppliers. Integrate with Locale to ensure proper communication with the travelers.
- Invoice: Get real-time visibility into financial components, boost cash flow, ensure compliance and minimize security risks.
- Other Products: Provide end-to-end, automated data synchronization with the vendor’s suite of products granting visibility into the employee spend and ensuring effortless and accurate management of expenses.
- Free Trial: Get the free trial for a demonstration of spend management solutions, travel management. Use the sample information provided or snap a receipt from a phone or computer to see the program in action.
- Multiple Scanning Options: Upload receipts to the expense report through using various methods. Scan it in the app, uploading a picture via the web or the receipt through email.
- Comprehensive Dashboard: Offers a real-time overview of financial metrics, including cash flow, profit margins, and expenses, all in one place.
- Multi-Currency Support: Facilitates transactions in various currencies, automatically updating exchange rates to ensure accurate financial reporting.
- Invoice Management: Allows for the creation, customization, and tracking of invoices, with options for recurring billing and automated reminders.
- Expense Tracking: Enables users to categorize and monitor expenses, providing insights into spending patterns and budget adherence.
- Bank Reconciliation: Simplifies the process of matching bank statements with accounting records, reducing errors and ensuring accuracy.
- Financial Reporting: Generates detailed reports such as balance sheets, income statements, and cash flow statements, aiding in strategic decision-making.
- Tax Management: Assists in calculating and filing taxes, with features for VAT, GST, and other tax compliance requirements.
- Inventory Management: Tracks stock levels, orders, and deliveries, integrating seamlessly with sales and purchase modules.
- Project Accounting: Provides tools for tracking project-specific financials, including budgets, expenses, and profitability analysis.
- Customizable Chart of Accounts: Allows businesses to tailor their accounting structure to fit specific needs and reporting requirements.
- Role-Based Access Control: Ensures data security by allowing administrators to assign specific permissions to different users based on their roles.
- Integration Capabilities: Connects with other business tools such as CRM systems, payment gateways, and e-commerce platforms for streamlined operations.
- Mobile Accessibility: Offers a mobile app that provides on-the-go access to key accounting functions, ensuring flexibility and convenience.
- Automated Data Backup: Regularly backs up financial data to prevent loss and ensure business continuity in case of system failures.
- Customer Support: Provides access to a dedicated support team for troubleshooting and guidance, ensuring smooth software operation.
Product Ranking
#6
among all
Accounting Software
#37
among all
Accounting Software
User Sentiment Summary
10098 reviews
2 reviews
Concur has a 'great' User Satisfaction Rating of 81% when considering 10098 user reviews from 5 recognized software review sites.
Yendo Accounting has a 'excellent' User Satisfaction Rating of 100% when considering 2 user reviews from 1 recognized software review sites.
Awards
Yendo Accounting stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Overall, Concur has garnered a reputation as a comprehensive and reliable solution for managing expenses, travel, and invoices. Users frequently praise its ability to streamline expense reporting, automate tasks, and provide real-time visibility into spending. The mobile app receives kudos for its user-friendly interface and offline functionality, making it easy for employees to capture receipts and submit expenses on the go. Concur's integration with travel booking platforms and credit cards is a major plus, simplifying the process of reconciling expenses and ensuring accuracy. However, some users find the initial setup and configuration to be complex, requiring significant time and effort. Additionally, the system's flexibility can be a double-edged sword, as extensive customization options may overwhelm some users. Concur's pricing structure, often based on the number of users and transactions, can be a concern for smaller businesses. Despite these drawbacks, Concur's strengths in automation, integration, and mobile accessibility make it a top choice for mid-sized to large organizations with complex expense management needs and a desire to enhance efficiency and control over spending.
Is Yendo Accounting really the way to go for your business accounting needs? User reviews from the last year paint a somewhat mixed picture of this software. While Yendo is generally praised for its user-friendliness and comprehensive functionality, some users have pointed out areas where it falls short. On the plus side, Yendo Accounting is lauded for its intuitive interface, making it easy for even non-accountants to navigate. The software's robust feature set, including invoicing, expense tracking, and bank reconciliation, is another major selling point, especially for small businesses looking for an all-in-one solution. The flexible pricing structure, starting at $10 per month, is also very attractive. However, some users have reported that the user interface, while generally easy to use, could benefit from a more modern design. Additionally, the lack of certain advanced features, such as an audit trail and API support, might be a dealbreaker for some businesses. For example, businesses with strict compliance requirements might find the absence of an audit trail a significant drawback. Overall, Yendo Accounting seems to be a good fit for small businesses or freelancers who need a user-friendly and affordable accounting solution. However, businesses that require advanced features or a more polished user interface might want to consider other options.
Screenshots
Top Alternatives in Accounting Software
Accounting Seed
Acumatica
BQE Core
Dynamics 365 Finance
FreeAgent
Freshbooks
Manager
Odoo Accounting
Oracle Financials Cloud
Patriot Accounting
QuickBooks Online
Sage 50cloud Accounting
Sage Intacct
SAP Business One
SAP S/4 HANA Finance
TallyPrime
Wave Accounting
Workday Financial Management
Xero
ZarMoney
Related Categories
WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...
