GetApp Releases Its Q1 2016 Ranking of the Top Expense Management Solutions

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GetApp’s updated ranking sees Concur, Expensify, and Xpenditure top the list of Expense Management solutions.

2016 Q1 ranking of the top 25 Expense Management apps based in the cloud, ranked by GetApp

2016 Q1 ranking of the top 25 Expense Management apps based in the cloud, ranked by GetApp

The top 10 expense management applications all have high mobile app scores, reinforcing the importance of having a mobile expense management solution that allows users to capture expense data on-the-go.

GetApp continues to update its expanding list of rankings for small and mid-sized businesses looking for the best cloud-based solutions for their company, now with a recently updated ranking for expense management. The ranking is based on five unique data points including user reviews, integrations, mobile app availability, media presence, and security. Each data point is scored out of 20 for a total possible score out of 100.

The security data point uses data from a vendor-completed survey based on the Cloud Security Alliance’s Self-Assessment Form. Integrations and user-generated reviews scores are calculated using data listed on GetApp, while mobile data, which is a combination of availability on iOS and Android and the app’s related ratings, is captured from Google Play and the Apple App Store. Finally, media scores are calculated by the number of Facebook fans and Twitter followers that an app has.

Concur took the top spot thanks to its integrations and mobile apps, each scoring 20 for an overall score of 70. The battle for second and third place was close: Expensify came in second with similarly high scores for integrations and mobile, while Xpenditure finished narrowly in third with a score of 61, in part thanks to a strong score of 19/20 for its integrations. Notably, the top 10 applications all benefited from having both an iOS and Android app.

“The top 10 expense management applications all have high mobile app scores, reinforcing the importance of having a mobile expense management solution that allows users to capture expense data on-the-go. Tracking receipts and uploading expense data in real-time significantly reduces the amount of time that it takes to upload expense data, as well as the headache associated with collecting receipts, especially when there are options to take photos that can help make the process paperless,” says Suzie Blaszkiewicz, researcher and project manager of GetRank.

Click through to see the entire Q1 2016 GetRank for expense management solutions, as well as our 2016 report on Accounting in the Cloud, with industry analysis and expert contributions on trends in the industry.         

More about GetApp: GetApp, a Gartner company, is the leading premium business app discovery platform on the web. Headquartered in Barcelona (Spain), GetApp serves as a platform for user-generated and editorial reviews of software and apps for businesses.

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