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What is ProSpend?

Everything you need can be found in one convenient location: management of spending, payment cards, and transactions. This solution is ideal for businesses aiming to revolutionize their approach to expenditures and actively oversee their financial outflows. It offers various modules that cover every aspect of expenditure oversight. You can begin with one module and expand by integrating additional ones as your needs grow. Gone are the days of concealed spreadsheets; now, you can monitor your budgets in real-time as you make purchases, enabling informed and prudent buying choices. Customize features such as multi-dimensional setups and initial balances to fit your requirements. Comprehensive reporting tools are also included. Claims can be created, submitted, and approved effortlessly from any device, at any time, making it suitable for corporate, business, or personal expenses, including mileage and travel reimbursements. With daily updates from credit card transactions, intelligent receipt matching, and automated coding, you can process expense claims without any manual intervention. Streamline and transition all accounts payable functions to the cloud, significantly reducing the costly issues associated with paper billing, manual data entry, and prolonged approval processes. This all-in-one solution not only enhances efficiency but also provides greater visibility and control over your financial operations.

What is 1Channel Expense Management Software?

1Channel Expense Management is a cloud-based solution tailored for managing claims and reimbursements, making it especially advantageous for organizations with field teams operating in multiple locations. Administrators can set up expense categories, impose claim limits, outline receipt requirements, and define approval hierarchies. Employees benefit from a user-friendly mobile application that allows them to submit claims, attach images or PDFs of receipts, and save drafts for later submission, even without internet access, which will sync once they reconnect. The system automatically checks claims against predefined policies and routes them through the necessary reporting protocols, ensuring that higher-value claims undergo multiple approval levels for greater accuracy. For travel expenses, claims can be calculated automatically based on GPS-tracked distances, simplifying the process further. Throughout the claims process, employees receive updates on the status of their submissions, and once approved, reimbursement details are integrated with Attendance Closure to streamline payroll management. Managers have the capability to assess submissions and create detailed reports categorized by employee, type of expense, and timeframe. The adaptable workflows support various expense types, including travel, fuel, meals, lodging, communication, and daily allowances, serving the needs of field sales, retail, FMCG, pharmaceuticals, logistics, insurance, real estate, and service-focused teams, thereby delivering a well-rounded expense management solution. This efficient system not only accelerates the reimbursement process but also promotes greater transparency and operational efficiency across the organization, ultimately leading to improved financial oversight.

Media

Media

Integrations Supported

Access Attaché
JCurve ERP
MYOB
MYOB Acumatica
Microsoft Dynamics 365
Microsoft Dynamics GP
NetSuite
Oracle Fusion Cloud ERP
Pronto
Reckon One
SAP Business One
SAP ERP
Sage Accounting
Sage Intacct
Sybiz Vision
Wiise
Xero

Integrations Supported

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Monthly and annual plans are available; pricing varies by selected features, user count, and deployment model. Plans include cloud hosting, Android and iOS apps, training, and support at no additional cost.

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

ProSpend

Date Founded

2015

Company Location

Australia

Company Website

prospend.com

Company Facts

Organization Name

Channelplay

Date Founded

2014

Company Location

India

Company Website

www.1channel.co/sfa/expense-management-software

Categories and Features

Accounts Payable

Approval Process Control
Cash Management
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

AP Automation

Not specified

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Workflow Management

Categories and Features

Expense Report

Not specified

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