When it comes to managing expenses, businesses need a platform that is reliable, accurate, and easy to use. Clyr and Concur are both popular expense management platforms, but which one is the better choice? In this article, we will compare the two platforms and explain why Clyr may be the superior Concur alternative.
Clyr: Concur Alternative
Rating | Clyr | Concur |
---|---|---|
Integrations with everyday apps like Slack, G suite, Outlook for expense tracking | ✔ | X |
Automated card expense reconciliations | ✔ | X |
Multi-entity or cross-org approvals | ✔ | X |
Automatic GL coding | ✔ | X |
Automatic Customer coding | ✔ | X |
Automatic Vendor coding | ✔ | X |
Smart categorization | ✔ | X |
Expense report analytics | ✔ | X |
AI-based receipt scanning | ✔ | X |
SMS chatbot for receipt submission | ✔ | X |
Integrations with Everyday Apps
One of the key benefits of Clyr is its integration with everyday apps like Slack, G suite, and Outlook. This means that users can track expenses and submit reports directly from these apps, saving time and effort. In contrast, Concur does not offer these integrations, which can be a significant disadvantage for businesses that rely on these apps for their daily operations.
Automated Card Expense Reconciliations
Another advantage of Clyr is its automated card expense reconciliations. This feature allows businesses to automatically reconcile their card expenses, which can save significant time and effort. It also helps to ensure accuracy and reduce the risk of errors. Concur does not offer this feature, which means that businesses may have to rely on manual reconciliation processes or other tools to manage their card expenses.
Multi-Entity or Cross-Org Approvals
Clyr’s expense management platform also offers multi-entity or cross-org approvals, which can be valuable for businesses with multiple entities or locations. This feature allows businesses to easily manage expenses and approvals across different entities, which can save time and effort. Concur does not offer this feature, which may make it more difficult for businesses to manage expenses in a centralized and efficient manner.
Automatic GL Coding, Customer Coding, and Vendor Coding
Clyr also offers automatic GL coding, customer coding, and vendor coding, which can help businesses streamline their expense management process. This can be particularly useful for businesses with large volumes of expenses, as it allows them to quickly and accurately classify and categorize expenses. Concur does not offer these features, which may make it more difficult for businesses to efficiently manage their expenses.
Smart Categorization
Clyr’s expense management platform includes smart categorization, which means that expenses are automatically classified and organized based on pre-set rules. This can be a significant time-saver for businesses, as it eliminates the need to manually categorize expenses. Concur does not offer this feature, which means that businesses may have to spend more time and resources classifying expenses manually.
Automatic Invoicing
Clyr’s automatic invoicing feature allows businesses to easily generate and send invoices to clients and customers. This can help to streamline the invoicing process and reduce the risk of errors. Concur does not offer this feature, which may make it more difficult for businesses to efficiently manage their invoicing process.
Expense Report Analytics
Clyr also provides expense report analytics, which can be valuable for businesses looking to track and analyze their expenses. This feature allows users to view expenses by category, location, and other criteria, and it can help businesses identify trends and areas for improvement. Concur does not offer this feature, which means that businesses may have to rely on other tools to get the insights they need.
AI-Based Receipt Scanning
Clyr’s expense management platform includes AI-based receipt scanning, which allows users to easily upload and categorize receipts using their mobile devices. This can be a significant time-saver for businesses, as it eliminates the need to manually enter receipt data. Concur does not offer this feature, which may make it more difficult for businesses to efficiently manage their expenses.
SMS Chatbot for Receipt Submission
Clyr also offers an SMS chatbot for receipt submission, which allows users to easily submit receipts using their mobile phones. This can be a convenient feature for businesses that need to track expenses on the go, as it allows them to submit receipts quickly and easily. Concur does not offer this feature, which may make it more difficult for businesses to submit receipts
In summary, Clyr offers a number of benefits that make it a superior choice for expense management compared to Concur. Its integrations with everyday apps, automated card expense reconciliations, multi-entity or cross-org approvals, automatic GL coding, customer coding, vendor coding, smart categorization, automatic invoicing, expense report analytics, AI-based receipt scanning, and SMS chatbot for receipt submission all contribute to a more efficient and effective expense management process. These features can save businesses time, effort, and resources, and they can help to improve accuracy and reduce the risk of errors. While Concur may offer some of these features, it is clear that Clyr has a more comprehensive and user-friendly expense management platform overall.