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Fyle

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Company health

Employee growth
31% increase in the last year
Web traffic
4% decrease in the last quarter
Financing
October 2019 - $10M

Ratings

G2
4.6/5
(1348)
Glassdoor
4.8/5
(128)

Fyle description

Fyle is an expense management software that simplifies expense reporting for mid-sized companies. Employees can use text, email, or apps like Slack to submit receipts. Fyle's AI extracts data, codes expenses, and integrates with accounting software like QuickBooks and Xero. It offers real-time credit card reconciliation and spend visibility. Fyle is designed for businesses with 50 to 500 employees, helping them save time and improve accuracy.


Who is Fyle best for

Fyle is an AI-powered expense management software perfect for mid-sized businesses. Users praise its automated receipt scanning, easy expense submissions through various channels, and real-time spend visibility. However, some have noted issues with expense deletion and mobile app glitches. Fyle streamlines expense reporting and integrates with popular accounting software.

  • Best for mid-sized companies (50-500 employees).

  • Ideal for Finance, E-commerce, Retail, Manufacturing, Education, Real Estate & Construction, Software/IT, Non-profit, Government, Marketing, Professional Services, and Automotive industries.


Fyle features

Supported

Fyle allows creating and managing various expense approval workflows.

Supported

Fyle automates expense claims, smartly codes expenses, and matches receipts.

Supported

Fyle allows capturing receipts using its mobile app for Android and iOS.

Supported

Fyle offers real-time budget tracking and spend visibility through direct credit card integration.

Supported

Fyle supports corporate card reconciliation, including statement reconciliation, expense tracking, and spending management.

Supported

Fyle integrates with QuickBooks for automated expense management.

Supported

Fyle automatically flags expenses that violate company policies.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather positive
+0.33

Customer Service

Rather positive
+0.53

Ease of Use

Strongly positive
+0.93

Reliability and Performance

Neutral
+0.02

Ease of Implementation

Rather positive
+0.33

Scalability

Rather positive
+0.5

Fyle reviews

We've summarised 1348 Fyle reviews (Fyle G2 reviews) and summarised the main points below.

Pros of Fyle
  • Automated receipt scanning and data extraction using AI
  • Easy expense submission through text, email, and apps like Slack
  • Real-time credit card reconciliation and spend visibility
  • Convenient mobile app for expense tracking on-the-go
  • Integrates with accounting software like QuickBooks and Xero
Cons of Fyle
  • Difficult to delete expenses if a mistake is made
  • Mobile app can be glitchy and unreliable
  • Limited file type and size uploads, especially for PDFs and HEIC files
  • Amazon purchases don't always go through smoothly
  • Slow payout times can be frustrating

Fyle pricing

The commentary is based on 19 reviews from Fyle G2 reviews.

Fyle is considered a reasonably priced expense management solution, especially for small businesses. Users appreciate its cost-effectiveness combined with features like real-time tracking, mileage reimbursement, and receipt scanning. Some users mention it is more affordable than competitors like Expensify.

Users sentiment

Rather positive
+0.33

See the Fyle pricing page.

Growth
$15

Includes unlimited expense tracking and real-time card feeds, unlimited receipt scanning with automated data extraction, receipt collection & expense completion via Text Messages, unlimited expense tracking from Gmail, Outlook, Slack, and more, Mileage & Per Diem tracking, direct integration via real-time feeds, American Express virtual cards, instant text notifications for card spend, receipt collection via text and automated reconciliation, Personal card management, universal statement parser to import credit card statements, Automated credit card reconciliation, Single-stage approvals, business rules and real-time policy violation checks, Custom employee categories and expense fields, employee access delegation, two-way integrations with QuickBooks Online, Xero, QuickBooks Desktop Integration, basic email and knowledge base support, optional premium support.

Business
$25

Includes all Growth plan features, plus multi-org, multi-stage and policy-driven approvals, ACH reimbursements (US only), project expense tracking, advanced analytics, custom data exports including MIS, multi-currency, multi-region setup with multiple entities/orgs, two-way integrations with NetSuite, Sage Intacct, Sage 300 Construction & Real Estate, direct, third-party and API integrations with any accounting, travel, HRMS and payroll software, Premium Support with 24/7 live chat and email based support, with a named account manager, Optional SSO.

Enterprise
Custom

Includes all Business plan features, plus IP whitelisting of admin accounts, Google single-sign on (SSO), Single sign-on (SSO) with AD and Okta, branded account and emails, Dedicated Enterprise Account Manager, half-yearly business reviews to optimize cost and compliance, Customer Advisory Group for feature suggestions and direct facetime with the Product and Engineering teams.


Fyle alternatives

  • Logo of ExpenseOnDemand - Employee Expense Management App
    ExpenseOnDemand - Employee Expense Management App
    Simplify employee expenses, automate reports, and control costs.
    Read more
  • Logo of BILL Spend & Expense (Formerly Divvy)
    BILL Spend & Expense (Formerly Divvy)
    Smart corporate cards, budgeting, and expense reports, all in one.
    Read more
  • Logo of ExpensePoint
    ExpensePoint
    Effortless expense reports, automated, integrated, and mobile-friendly.
    Read more
  • Logo of Clyr
    Clyr
    AI-powered expense reports for project-based businesses.
    Read more
  • Logo of Yokoy
    Yokoy
    Automated spend management platform. Streamlines expenses, invoices, and payments.
    Read more
  • Logo of N2F
    N2F
    Effortless expense reports, company cards, and automated approvals.
    Read more

Fyle FAQ

  • What is Fyle and what does Fyle do?

    Fyle is an AI-powered expense management software designed for mid-sized businesses. It automates expense reporting, streamlines approvals, and integrates with accounting software. Employees can submit expenses via text, email, or apps like Slack, while Fyle extracts data, codes expenses, and provides real-time spend visibility.

  • How does Fyle integrate with other tools?

    Fyle integrates with accounting software like QuickBooks and Xero, enabling automated expense management and reconciliation. It also connects with everyday apps such as Slack, allowing expense submissions via text and email. This streamlines workflows and centralizes expense data.

  • What the main competitors of Fyle?

    Fyle's main competitors include expense management software and spend management platforms like Airbase, SAP Concur, Jenji, and Payhawk. These alternatives offer similar features such as automated expense reporting, real-time spend visibility, and integrations with accounting software.

  • Is Fyle legit?

    Yes, Fyle is a legitimate expense management software. User reviews praise its AI-powered receipt scanning, ease of use, and integrations. It's considered safe and reliable for expense tracking and reconciliation, particularly for mid-sized companies seeking to automate their expense processes.

  • How much does Fyle cost?

    Fyle's pricing is usage-based, charging per active user. The Growth plan is $15/month, the Business plan is $25/month, and the Enterprise plan has custom pricing. Contact Fyle for Enterprise pricing or specific add-on costs.

  • Is Fyle customer service good?

    Fyle's customer support receives generally positive feedback. Users praise the helpful and responsive support team, highlighting their quick response times and efficient problem-solving. However, some users have experienced difficulties with specific issues, such as syncing transactions and software glitches.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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