At Fyle, we believe in driving compliance through experience for both the finance teams and employees.
Keep checking this space for the latest product releases.
The admin dashboard has a cleaner and more enhanced design. Admins view tasks such as reports to be verified and processed, payments to be processed, advances to be collected, etc, as well as an overview of useful spend data such as top spend by categories, top spenders, and top policy violators.
Users collapse the sidebar to avail of a bigger workspace and get the flexibility to try out different layouts.
Employees upload bulk receipts from their mobile app. Fyle automatically matches them to existing expenses without receipts or employees create new expenses against receipts. Employees filter receipt-less expenses with a new filter called ‘Need receipts’.
Employees track expenses for a trip in a separate report, as opposed to having a single report with multiple expenses.
The Head of Department and Head of Project gain quick insight into the team budgets and expenditures right from the Team Dashboard.
Admins gain useful insights on spending patterns and pending tasks - number of reports to be verified and processed, payments to be processed, advances, spend by categories, top spenders and top policy violators.
A self serve integration enables admins to export all the expenses of their company from Fyle to NetSuite for accounting purposes.
Users add or edit expenses, upload receipts, delete or submit reports directly from Slack.
Approver sees the risk associated with an expense as well as a report and determines which reports need more attention without having to open the report.
Users save any set of applied filters in advance search and reuse the same filters next time with just a single click. Save it for personal use or can be shared with everyone across the org.
Admins configure complex policies around custom fields. User and expense fields that are text, number, boolean, date, and location are supported.
Admins regularly back up all their expenses and receipts at any time. All the data backed up can also be exported and downloaded for offline audits or reviews from here.
Employees can auto-submit expenses (unflagged only), within specified intervals. Approvers can also auto-approve reports that match predefined criteria by setting up workflows.
Department and Project Heads assess the spending patterns of their team - pending reports, approval TATs, top violators, travel spends, and more - all in one place.
Admins of multiple entities within an organization export the data of all entities. Custom analytics are performed on this data using Google Data Studio.
Admins who work with different entities and have a QBO subscription set up QuickBooks workspaces for each entity separately.
Set reminders for employees to submit expenses to their Google Calendar from Fyle. While setting auto-reminders, admin can also choose to add the reminder to their Google Calendar as well.
Customise different currency exchange rates for different vendors from Fyle.
A negative expense is created and matched to the original expense in the case of refunds or cancellations of a card expense, even if it is already reported. Admins and users will be able to understand the changes from the history tab. The reversal is negated upon deletion.
Fyle now creates monthly MIS reports which provides admins with a monthly breakdown of spend by vendors, departments projects and categories.
Admins can now export projects or cost centers in Fyle as either classes, customers, departments or locations in QuickBooks.
Admins upload expense attachments to QuickBooks Online from Fyle with ease while creating checks, journal entries, bills, or credit card transactions.
Users can quickly mark expenses recorded as personal on the corporate credit card page, even after the expense is matched automatically.
To help the user automate the mundane, corporate card expenses will be directly saved as expenses and automatically mapped with the corresponding credit card transaction.
Delete multiple card transactions in bulk just by choosing the date range. This will also delete matched but unreported card expenses.
Admins can create various policies for different departments and route violated expenses to the Head of each department for further approval.
Now admins can add anyone who are in the organization as approvers for trips and advances requests even if they are not the designated primary or secondary approvers.
Easily search for expenses from the ‘My Expenses’ page with the all new advanced search filter functionality.
A UI upgrade for team reports that enable approvers to view the reports as lists for improved accessibility and easier decision making.
Employees can configure specific expenses and mileages that are recurring in nature for a specific interval of time. Employee are notified when the expense or mileage is created automatically.
Users can choose a preferred currency to track their expenses while travelling to a foreign country for the periods of time they are in that country.
Admins can set foreign exchange rates manually by assigning currency rates for a custom period of time.
Admins can get detailed insights from the project based spend data with an all new Spend by Project category.
Fyle - QuickBooks Online integration is now a self-serve app. Admins can map employee expense fields, corporate credit card expenses, expenses that are reimbursable, journal entries, and more all by themselves.
Employees search for expenses from the ‘My Expenses’ page using advanced search filters.
Employees see Fyle’s dashboard on their Slack app, with information about expenses, reports, trips, and advances. Employees click on ‘Add Expense’ to fyle a new expense.
Admins specify foreign currency preference which they use frequently. This currency will be pre-populated while creating expenses or creating advance and trip requests.
Admins specify a pre-defined currency exchange rate for any currency specific to the organization.
Admins add, edit, and enable/disable limits upto which employees claim expenses without receipts.
Admins verify the organization’s bank accounts to initiate ACH. Two small deposits less than 10 cents will be initiated with the bank to verify the account within 1-3 business days.
Card expenses are created and reconciled automatically if an expense is already created at the time of spending.
Heads of Projects and Departments view all the expense data of their teams such as spend patterns, top vendors, turnaround time, risk overview, top policy violators and more.
Admins who use QuickBooks Online for their accounting export all their data from Fyle easily with this self-serve integration.
Employees can search, choose filters, and sort expenses and reports right from the mobile app.
Admins add comments, flag or remove expenses, or even send back a single expense in an expense report directly from the mobile app.
Configure policies on fields that do not belong to a certain list. For example, cap expenses to 400$ if city is NOT New York.
Admins can upload company logo and customize the expense reports, web and mobile app to complement the company’s branding.
Employees can add multiple mileage expenses together at the same time to save time and effort.
Fylers can reply to comments made to their expenses and reports right from their inbox. The old comments will be updated to the new comments in real time.
Bulk add comments to more than one expense as an admin with ease.
Avoid overspend by setting custom budgets for projects, teams or departments and cost centers.Admins also receive an email notification every time the budget reaches a set threshold limit of the budget.
Fylers can now track and create an expense simply by sending an SMS of the receipt to the Fyle phone number. This will create an expense in Fyle automatically.
Enable admins to push delayed notifications regarding payment processing confirmation upto 1 day, 3 days or 5 days.
Admins can now search for employees based on their role easily from the employee database.
Configure and whitelist IP addresses and restrict admin access to Fyle to ensure they can only use Fyle from a specific location like the office for improved security.
Admins can delegate their account authority temporarily or permanently to another employee during holidays or emergencies.
Admins can now process reimbursements directly from Fyle through ACH ensuring faster reimbursements and more efficient tracking.