Ramp vs Concur Expense

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Our analysts compared Ramp vs Concur Expense based on data from our 400+ point analysis of Expense Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Ramp Software Tool
Concur Expense Software Tool

Product Basics

Ramp offers a comprehensive software solution for managing expense-related tasks, making it particularly beneficial for businesses seeking streamlined financial operations. It is ideally suited for industries that require meticulous expense tracking and management, such as technology, finance, and consulting. The platform's standout features include automated receipt matching, real-time expense reporting, and seamless integration with accounting systems, which enhance efficiency and accuracy. Users appreciate its intuitive interface and robust analytics capabilities, which provide valuable insights into spending patterns. Compared to similar products, Ramp is often praised for its user-friendly design and the ability to significantly reduce manual workload. While specific pricing details are not readily available, potential users are encouraged to contact SelectHub for a tailored pricing quote that aligns with their specific requirements. This ensures that businesses can make informed decisions based on their unique financial management needs.
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Concur Expense is a sophisticated software solution designed to streamline expense management processes. It is particularly well-suited for businesses of varying sizes across industries such as finance, healthcare, and technology, where efficient expense tracking is crucial. The platform offers unique benefits like automated expense reporting, integration with travel bookings, and real-time data analytics, enhancing operational efficiency. Users appreciate its intuitive interface and robust features, including receipt capture via mobile devices and policy compliance checks. Compared to similar products, Concur Expense is praised for its comprehensive capabilities and ease of use, though some users note a learning curve. Pricing details are typically customized based on organizational needs, so potential users are encouraged to contact SelectHub for a tailored quote. Overall, Concur Expense stands out for its ability to simplify and automate expense management, making it a valuable tool for businesses aiming to optimize their financial operations.
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$15/User, Monthly, Freemium
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$2.45/Transaction, Usage-Based
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Tailored to your specific needs
Small
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Small
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Large
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Time Efficiency: Automate repetitive tasks like receipt collection and expense categorization, freeing up valuable time for more strategic work.
  • Cost Control: Gain real-time visibility into spending patterns, enabling proactive budget management and cost-saving opportunities.
  • Policy Compliance: Ensure adherence to company expense policies through automated checks and alerts, reducing the risk of non-compliance.
  • Data Accuracy: Minimize human error with automated data entry and integration with accounting systems, ensuring precise financial records.
  • Scalability: Easily accommodate business growth with a platform designed to handle increasing transaction volumes without additional complexity.
  • Employee Empowerment: Simplify the expense reporting process for employees, reducing frustration and improving overall satisfaction.
  • Customizable Workflows: Tailor approval processes to fit organizational needs, enhancing operational efficiency and control.
  • Enhanced Security: Protect sensitive financial data with robust security measures, including encryption and access controls.
  • Integration Capabilities: Seamlessly connect with existing financial tools and systems, ensuring a cohesive and streamlined workflow.
  • Insightful Reporting: Access detailed analytics and reports to make informed decisions and drive strategic financial planning.
  • Environmental Impact: Reduce paper usage and carbon footprint by transitioning to a digital expense management system.
  • Vendor Management: Optimize vendor relationships through consolidated spending insights and streamlined payment processes.
  • Cash Flow Optimization: Improve cash flow management with timely expense tracking and forecasting capabilities.
  • Remote Accessibility: Enable remote teams to manage expenses efficiently from anywhere, supporting flexible work arrangements.
  • Audit Readiness: Maintain comprehensive and organized records that simplify the audit process and ensure compliance with regulatory requirements.
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  • Streamlined Approval Process: Concur Expense automates the approval workflow, reducing the time managers spend on reviewing and approving expenses. This ensures faster reimbursement and less administrative burden.
  • Enhanced Compliance: The software enforces company policies by flagging non-compliant expenses, helping organizations maintain adherence to internal guidelines and external regulations.
  • Real-Time Expense Tracking: Employees can capture and submit expenses on-the-go using mobile devices, providing managers with up-to-date visibility into spending patterns.
  • Reduced Errors: Automated data entry and receipt capture minimize human errors, ensuring accurate expense reporting and reducing the risk of financial discrepancies.
  • Improved Financial Insights: Concur Expense provides detailed analytics and reporting tools, enabling finance teams to identify spending trends and make informed budgeting decisions.
  • Time Savings: By automating routine tasks such as receipt matching and expense categorization, employees and finance teams save significant time, allowing them to focus on more strategic activities.
  • Global Accessibility: The platform supports multiple currencies and languages, making it suitable for multinational organizations and facilitating seamless expense management across borders.
  • Integration Capabilities: Concur Expense integrates with various ERP and accounting systems, ensuring a smooth flow of financial data and reducing the need for manual data transfers.
  • Enhanced Employee Experience: The intuitive interface and mobile app make it easy for employees to submit expenses, improving user satisfaction and compliance with expense policies.
  • Cost Control: By providing visibility into spending and enforcing policy compliance, Concur Expense helps organizations control costs and prevent unnecessary expenditures.
  • Environmental Impact: Digital receipt capture and electronic submissions reduce paper usage, contributing to an organization's sustainability efforts.
  • Scalability: The solution can grow with the organization, accommodating increasing numbers of users and transactions without compromising performance.
  • Security and Data Protection: Concur Expense employs robust security measures to protect sensitive financial data, ensuring compliance with data protection regulations.
  • Customizable Workflows: Organizations can tailor approval processes and expense categories to fit their unique business needs, enhancing operational efficiency.
  • Vendor Negotiation Leverage: Detailed spending reports provide leverage in negotiations with vendors, potentially leading to better terms and cost savings.
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  • Automated Expense Reporting: Automatically generates expense reports by syncing transactions directly from corporate cards, reducing manual entry.
  • Real-Time Spend Insights: Provides immediate visibility into spending patterns with detailed analytics and dashboards, allowing for informed decision-making.
  • Receipt Matching: Uses AI to match receipts with transactions, ensuring accuracy and compliance without manual intervention.
  • Custom Approval Workflows: Allows businesses to set up tailored approval processes that align with their internal policies and hierarchies.
  • Vendor Management: Centralizes vendor information and tracks spending by supplier, helping to manage relationships and negotiate better terms.
  • Integrations with Accounting Software: Seamlessly connects with popular accounting platforms like QuickBooks and Xero, streamlining financial operations.
  • Corporate Card Issuance: Issues physical and virtual cards with customizable spending limits and controls, enhancing financial oversight.
  • Policy Enforcement: Automatically enforces company spending policies at the point of purchase, reducing non-compliant expenses.
  • Multi-Level Security: Employs robust security measures, including encryption and two-factor authentication, to protect sensitive financial data.
  • Customizable Reporting: Offers flexible reporting tools that allow users to generate reports tailored to specific business needs and metrics.
  • Mobile App Accessibility: Provides a mobile application for on-the-go expense management, enabling users to capture receipts and approve expenses from anywhere.
  • Budget Tracking: Monitors budgets in real-time, alerting users to potential overspending and helping maintain financial discipline.
  • Automated Reconciliation: Simplifies the reconciliation process by automatically matching transactions with bank statements, reducing errors.
  • Spend Categorization: Automatically categorizes expenses based on predefined criteria, aiding in accurate financial reporting and analysis.
  • Employee Reimbursement: Facilitates quick and efficient reimbursement processes for out-of-pocket expenses, improving employee satisfaction.
  • Audit Trail: Maintains a comprehensive audit trail of all transactions and changes, supporting compliance and transparency.
  • Custom Spend Controls: Allows businesses to set specific spending limits and restrictions for different teams or projects, enhancing budget management.
  • Data Export Options: Provides various data export formats, making it easy to share financial information with stakeholders or integrate with other systems.
  • Fraud Detection: Incorporates advanced algorithms to detect and flag suspicious transactions, safeguarding company funds.
  • Training and Support: Offers extensive resources and customer support to ensure users can effectively utilize the platform's features.
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  • Automated Expense Capture: Automatically imports and categorizes expenses from credit card transactions and receipts, reducing manual entry.
  • Mobile App Integration: Allows users to capture receipts and manage expenses on-the-go using a smartphone app, ensuring timely submissions.
  • Policy Compliance Checks: Built-in compliance rules flag policy violations, helping organizations enforce spending policies effectively.
  • Multi-Currency Support: Handles expenses in multiple currencies, automatically converting them based on current exchange rates for accurate reporting.
  • Customizable Approval Workflows: Enables organizations to set up tailored approval processes that align with their internal procedures.
  • Real-Time Analytics and Reporting: Provides detailed insights into spending patterns through customizable dashboards and reports.
  • Integration with ERP Systems: Seamlessly connects with enterprise resource planning systems like SAP, Oracle, and others for streamlined data flow.
  • Receipt OCR Technology: Uses optical character recognition to extract data from receipts, minimizing manual data entry errors.
  • Audit Trail: Maintains a comprehensive log of all actions taken within the system, supporting transparency and accountability.
  • Travel Booking Integration: Links with travel booking tools to consolidate travel and expense data, simplifying the management process.
  • Customizable Expense Categories: Allows businesses to define specific categories that match their unique expense tracking needs.
  • VAT/GST Tracking: Supports the tracking and reporting of value-added tax and goods and services tax for compliance with tax regulations.
  • Delegated Access: Permits users to assign delegates to manage expenses on their behalf, ensuring continuity during absences.
  • Fraud Detection: Employs algorithms to identify unusual spending patterns, helping to prevent fraudulent activities.
  • Expense Report Templates: Offers pre-configured templates for quick and consistent expense report creation.
  • Data Security and Compliance: Adheres to industry standards for data protection, ensuring sensitive financial information is secure.
  • Global Support: Provides support for multiple languages and regional compliance requirements, catering to international businesses.
  • User-Friendly Interface: Features an intuitive design that simplifies navigation and enhances user experience.
  • Third-Party App Integration: Connects with various third-party applications to extend functionality and improve workflow efficiency.
  • Custom Reporting Tools: Allows users to create bespoke reports tailored to specific business needs and objectives.
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Product Ranking

#10

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Expense Management Software

#13

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Expense Management Software

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Synopsis of User Ratings and Reviews

Easy to Use: Both employees and finance teams find the platform's design intuitive and easy to use.
Automated Expense Tracking: Features like receipt matching and automatic transaction categorization remove the need for manual data entry, saving time and reducing errors.
Real-Time Visibility: Ramp provides a real-time overview of company spending, allowing for better budget tracking and financial decision-making.
Seamless Accounting Integration: Integration with popular accounting software like QuickBooks ensures data consistency and simplifies financial reconciliation.
Virtual and Physical Cards: Ramp offers both virtual and physical cards, providing flexibility and control over employee spending.
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Comprehensive Features: Concur Expense encompasses a wide array of features, covering everything from travel booking and expense tracking to policy enforcement and reporting, making it a one-stop solution for managing business expenses.
Mobile Accessibility: The availability of a highly-rated mobile app allows users to manage expenses, capture receipts, and submit reports from any location, simplifying expense management for on-the-go employees.
Integration Capabilities: Concur Expense seamlessly integrates with other enterprise systems, including accounting software and travel booking platforms, streamlining data flow and reducing manual entry.
Automated Processes: The platform automates numerous tasks, such as expense calculations, policy checks, and approval workflows, minimizing manual effort, reducing errors, and accelerating reimbursements.
Real-Time Visibility: Concur Expense provides real-time insights into travel and expense data, enabling businesses to track spending patterns, identify cost-saving opportunities, and make informed decisions.
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Role-Based Permissions: Users seeking more robust role-based permissions, especially for individuals handling multiple responsibilities, might find the current system inadequate.
Missing Items Page: Some users have expressed that the user experience of the page dedicated to managing missing receipts or information could benefit from improvements.
Reporting Customization: While Ramp offers reporting features, a desire for greater flexibility and customization options within those reports has been noted by some users.
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User Interface: Many users find the Concur interface, particularly the mobile app, less intuitive and more cumbersome than some competing expense solutions.
Performance Issues: Users frequently report glitches, crashes, and slow performance with the Concur app, particularly on Android devices, leading to frustration and lost productivity.
Receipt Management: Uploading, attaching, and managing receipts can be a significant pain point for Concur users, with frequent issues reported in saving receipts correctly and linking them to expense reports.
Customer Support: Concur's customer support is often criticized for slow response times and unhelpful resolutions, leaving users feeling stuck and frustrated with unresolved issues.
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Is Ramp on-ramp to the highway of success when it comes to expense management, or does it fall flat? User reviews from the past year paint a largely positive picture of Ramp, highlighting its user-friendly design and powerful automation features as key strengths. Users rave about the platform's intuitive interface, which simplifies expense tracking and reporting for both employees and accountants. The automation capabilities, particularly receipt matching and spend policy enforcement, are praised for saving time and reducing errors, a sentiment echoed by a user who stated, "This software makes no room for your team not to provide receipts for expense reporting." Seamless integrations with popular accounting software like Xero and QuickBooks Online further streamline financial processes, making reconciliation a breeze. However, some users point out areas where Ramp could improve. Limited delegation features, particularly the inability to allow administrative assistants to submit receipts on behalf of employees without granting full account access, are a common gripe. Additionally, users who wear multiple hats within their organizations find it cumbersome to navigate between different permission levels. Some users also desire more robust reporting functionalities, such as enhanced sorting and filtering options. One user, while generally satisfied, noted, "The statement would be better for us if it was broken down by card. Instead all transactions are in one group by transaction date." Despite these minor drawbacks, Ramp's strengths in user-friendliness, automation, and integrations make it a compelling choice for businesses looking to streamline their expense management processes. Its intuitive design and robust feature set make it particularly well-suited for startups, small and midsize businesses, and companies with remote workforces. These types of businesses often grapple with limited resources and time constraints, and Ramp's automation and ease of use can significantly alleviate the burden of expense management, allowing them to focus on core operations and growth.

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Can Concur Expense concur with your expense management needs? User reviews from the last year suggest a mixed bag. While Concur Expense is generally praised for its robust features, mobile app, and integrations, which streamline expense reporting and make it a breeze for frequent travelers, some users find the initial learning curve steep and customer support inconsistent. For instance, one user lauded the app's ability to effortlessly upload receipts and track approvals, while another bemoaned the occasional spotty customer service. This disparity in experience highlights the importance of considering individual needs and expectations. A key differentiator for Concur Expense is its comprehensive nature, offering a one-stop shop for expense tracking, reporting, and approval. This is particularly valuable for larger organizations where streamlined workflows and integration with existing financial systems are paramount. However, the lack of pricing transparency and potential for complexity might make it less appealing to smaller businesses with simpler requirements. Think of it like a Swiss Army knife – incredibly versatile but potentially overwhelming if you only need a basic blade. In conclusion, Concur Expense emerges as a powerful tool best suited for larger organizations seeking a feature-rich and integrated expense management solution. Its strengths lie in its comprehensiveness, mobile capabilities, and automation features, which can significantly reduce manual effort and improve efficiency. However, potential users should weigh these benefits against the potential for a complex user interface and variable customer support.

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