 |
Abacus vs Certify
June 10, 2023 | Author: Michael Stromann
4
Real Time Expense Reporting. Abacus is the easiest way for you to automate how you reimburse your team, reconcile corporate credit cards, and implement your expense policy.
6
Certify is the leading cloud-based travel and expense report management solution for companies of all sizes. Certify makes expense reports easy by automating the creation of the expense report for the employee, providing online review and approval process for managers, and streamlining the processing and reimbursement process for accountants.
Abacus and Certify are both popular expense management software solutions, providing features to streamline and automate expense processes, but they have distinct differences. Abacus is a modern expense management platform designed to simplify the expense reporting workflow. It offers features such as receipt capture, automated approvals, real-time reporting, and integrations with accounting systems. Abacus focuses on providing a user-friendly experience and emphasizes the importance of real-time expense tracking. On the other hand, Certify is a comprehensive expense management platform suitable for businesses of all sizes. It offers features such as expense reporting, receipt capture, policy enforcement, and integrations with accounting systems. Certify provides robust reporting capabilities and customization options, making it suitable for organizations with complex expense management needs.
See also: Top 10 Expense Management software
See also: Top 10 Expense Management software
Abacus vs Certify in our news:
2020. Expense management vendors unite to form Emburse
A consortium of six leading travel and expense management software vendors, namely Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie, has consolidated into a single entity known as Emburse, with the intention of challenging SAP Concur's dominance. With a global workforce of 750 employees, Emburse aims to serve a user base exceeding 4.5 million business travelers across 14,000 customers spanning 120 countries. This consolidation process has been unfolding over the past few years, with Certify and Chrome River joining forces in the previous year. Prior to that, in 2017, Certify, Nexonia, ExpenseWatch, and Tallie merged under the Certify name, backed by a $125 million investment from K1 Investment Management, with the objective of competing against SAP Concur. In July of the same year, the combined Certify and Chrome River entities acquired Emburse, a startup specializing in virtual and physical cards for business expenses and vendor payments. On the other side of the spectrum, German business software giant SAP acquired Concur for a staggering $8.3 billion in 2015.
