Concur vs Zoho Expense

September 27, 2023 | Author: Michael Stromann
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Concur
SAP Concur's easy-to-use business travel and expense management software solution helps your business save time, money and gain control. The Concur booking tool makes business travel a snap—starting with customized options that align with your company policies. You can also upload electronic folios, directly to expense reports. Concur provides full visibility into spend and the ability to ensure policy and regulatory compliance.
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Zoho Expense
Expense reporting doesn't have to be painful. Zoho Expense is a perk for employees, managers, and finance teams. Automate travel and business expense reporting, streamline approvals, gain spend visibility and control.
Concur and Zoho Expense are both widely used expense management software solutions, but they have distinct differences in terms of features and target audience. Concur is a comprehensive expense management platform primarily aimed at large enterprises. It offers a range of features such as expense reporting, receipt capture, policy compliance, and integration with travel booking systems. Concur provides advanced reporting capabilities and customizable workflows to handle complex expense processes and gain visibility into spending. On the other hand, Zoho Expense is a user-friendly expense management solution suitable for businesses of all sizes. It offers features like receipt scanning, expense tracking, approval workflows, and integration with accounting systems. Zoho Expense focuses on simplicity and ease of use, making it an ideal choice for small to medium-sized businesses.

See also: Top 10 Expense Management software
Concur vs Zoho Expense in our news:

2021. Zoho Expense gets new interface, Trips and Expense Audit modules



Zoho has recently unveiled the all-new version of Zoho Expense, an advanced software solution for corporate travel and expense management. The latest update brings a refreshed user interface, accompanied by role-based access control. Users now have the ability to customize the application based on their specific roles, be it admin, submitter, or approver. This feature enables a clear distinction of responsibilities, ensuring that users only have access to relevant modules. The enhanced Trips module centralizes all aspects of business travel, simplifying tasks such as itinerary planning, document accessibility, and flight and hotel bookings. Additionally, the Expense Audit module equips travel and finance teams with the necessary functionalities to enforce policies and maintain compliance standards. With these new enhancements, Zoho Expense aims to provide a comprehensive and tailored solution for efficient corporate travel and expense management.


2019. Expense management software Zoho Expense integrated with Xero


Zoho Expense simplifies the process of expense reporting through its user-friendly automation features, including receipt auto-scanning, automatic report generation, and customizable approval workflows. However, once the expense management app completes its tasks, the finance team of an organization still needs to account for those expenses. To assist in this aspect, Zoho Expense has collaborated with Xero. Through this integration, expense reporting becomes effortless. Users can effortlessly create expense reports, monitor their status through timely notifications, and gain insights through analytical reports within Zoho Expense. Additionally, apart from reporting expenses, users can establish budgets to effectively manage their cash outflow. By uploading expense receipts or sending them to the receipt inbox in Zoho Expense, the system automatically converts them into expenses. Furthermore, users can configure the automatic generation of reports and seamlessly export them to Xero.


2017. Zoho Expense gets Windows app



Zoho Expense has expanded its capabilities by introducing compatibility with Windows 10 Desktop. This means that users can now conveniently access the expense reporting software directly from their Windows desktop environment. Zoho Expense for Windows 10 desktop offers a range of impressive features, including a comprehensive dashboard, automated scanning of expense receipts, support for multiple currencies, tracking mileage expenses, managing travel allowances (per diems), itemized expense tracking, monitoring advances received, and customized approvals.


2016. Travel and expense management platform Concur acquired travel search Hipmunk



Concur, the renowned travel and expense platform, acquired by SAP for $8.3 billion in 2014, has recently announced its latest acquisition. Concur is purchasing Hipmunk, a travel search startup, with plans to seamlessly integrate it into its existing platform. While Concur already offers search capabilities, as a current Concur user, I can confirm that there is room for improvement, which Hipmunk's inclusion is expected to address effectively. Concur has a history of acquiring startups to enhance its functionalities, such as TripIt, which enables users to track and share travel plans, and investments made in ClearTrip. This acquisition reflects Concur's commitment to continually enhance its platform and provide a comprehensive travel and expense management solution.


2015. Zoho launched expense tracking app Zoho Expense



Zoho has introduced its latest application, Zoho Expense, designed to streamline and automate the process of expense reporting. This innovative tool eliminates the need for manual data entry, accelerates report approvals, and seamlessly integrates with other business applications, promoting enhanced productivity across various business functions. Zoho Expense boasts a range of features, including the ability to convert receipts into data through automated scanning, syncing credit card statements with a simple click, and ensuring zero data entry during expense creation. Approving expense reports becomes effortless with one-click approvals and rejections. Managers can conveniently access and review expense report details in a centralized location, facilitating direct communication and collaboration within Zoho Expense, eliminating the need for lengthy email threads and phone calls. Moreover, Zoho Expense is seamlessly integrated with Zoho Books and Zoho CRM. The service offers a monthly plan priced at $15 for up to 10 users per month, while mobile apps are available for free on iOS, Android, and Windows platforms.


2014. SAP acquires travel and expense management service Concur



SAP has made a significant move by acquiring Concur, the expense and travel management solution, for a whopping $8.3 billion. Concur boasts an impressive user base of approximately 25 million individuals across more than 150 countries. Interestingly, in 2011, Concur itself acquired the travel organizer TripIt. This acquisition places SAP in control of Concur and allows them to claim ownership of 50 million cloud users. As part of this agreement, Concur will collaborate with SAP to develop mobile applications that are contextually aware, while SAP will begin utilizing Concur's travel and expense management services. The acquisition is projected to conclude either in the fourth quarter of this year or the first quarter of 2015.

Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com