Abacus vs Tallie

May 28, 2023 | Author: Michael Stromann
4
Abacus
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.
4
Tallie
Emburse Tallie helps small businesses focus more on work with impact—and less on paperwork for managing expenses.
Abacus and Tallie are both cloud-based expense management solutions that aim to streamline and automate the expense reporting process. While they have similar objectives, there are some key differences between the two.

Abacus offers a robust expense management platform that combines automation, real-time expense reporting, and intelligent policy enforcement. It provides features such as receipt scanning, automatic expense categorization, and customizable approval workflows. Abacus focuses on simplifying the expense submission and reimbursement process for both employees and finance teams. Its pricing is typically based on a per-user, per-month subscription model.

Tallie, on the other hand, is a user-friendly expense management tool that emphasizes ease of use and efficient expense tracking. It offers features like receipt capture, mobile app accessibility, and integrations with popular accounting systems. Tallie is often favored by small to mid-sized businesses looking for a simple and straightforward expense management solution. Its pricing structure is typically based on a per-user, per-month or per-transaction model.

See also: Top 10 Expense Management software
Abacus vs Tallie 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.

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