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Learn how Fyle helps you:
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Gain total control and visibility over every spend with Budgets. Define weekly, quarterly or annual spend limits for every project, department or office location. There’s more — when budgets reach a certain spend threshold, set up customized alerts and inform important stakeholders within Finance, Ops, Departments or Projects.
When employees spend for specific Projects, maintain clear records of receipts, expenses, reports, approvals, payments and audit logs. Accurately bill your clients and ensure you don’t lose your profits to manual accounting processes.
Get access to real-time spend data around every Project and its budget. Understand who is spending or overspending on what with a single glance to the dashboard. Make informed decisions around business rules, mitigate accounting risks and move budgets to different Departments or Projects as needed.
Configure and automate any approval based on your Project’s workflow. Loop in the Project lead for additional approvals, involve the Department Head for the final sign-off on the cost, inform Finance in case of violations. In a nutshell, no matter what your approval workflow looks like, let Fyle automate it.
Sync your card provider (AMEX, VISA, Master card, Diner’s Club) or upload statements manually with our Universal Statement Parser. When employees upload receipts, Fyle will automatically match the transaction to the receipt and create a new expense without any manual intervention.
Catch fraud before the expense is even approved. Fyle checks every receipt for fictious or overstated representation. Furthermore, it calls out dubious merchants, duplicates and weekend or holiday expenses before they are even submitted for approval.
We all understand how big a role business rules play for compliance. Create rules for any employee group based on all expense parameters like amount, project or cost center. Cap the amount, flag internally, automatically involve additional approvers — enforce them based on the extent of violation.
It’s 2020 — if employees don’t like a software, they won’t use it. Fyle makes it easy for employees to submit expenses as they are incurred. Fyle resides within everyday apps that employees already use like Gmail, Outlook, Slack and WhatsApp.
No more hassle to collect, sort and represent every single data point around expenses for seamless audits. With Fyle, all data around your receipts, expenses, reports, approvals and payments is centralized and stored in an auditable fashion.
When Fyle takes care of all your pre-accounting needs and stores everything in a compliant and audit-ready manner, a few clicks allow you to push accurate data around GL codes, receipts, line items, locations and customers to your accounting software of choice.
PS: Fyle directly integrates with Oracle NetSuite, Intuit Quickbooks Online, Sage Intacct and Xero (self-serve setup included). We also APIs that can be used for third-party integrations.