Abacus vs Tallie
May 28, 2023 | Author: Michael Stromann
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 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.