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What is Skovik?

Skovik delivers a robust global expense management solution designed to simplify the often cumbersome expense reporting procedures for medium to large businesses, enhancing compliance and allowing both employees and finance departments to concentrate on more vital tasks. With an average completion time of just three minutes for expense reports, employees can shift their attention to more pressing responsibilities. The platform supports expense submissions from any location, enabling users to capture receipts through photos or email, while its AI technology adeptly extracts all the required information. Additionally, Skovik ensures precise calculations for reimbursable amounts across various travel scenarios, accommodating both single and multi-destination trips, all while remaining compliant with the latest regulations. Users can quickly calculate mileage expenses by entering their starting point and destination, whether for simple or complex journeys. The platform also keeps abreast of current financial laws and allows for effortless retrieval of corporate card transactions and invoices from any financial institution via its open API. Furthermore, Skovik aids in effective spending management by aligning card transactions with receipts, providing users with a thorough overview of all their expenses. This degree of automation not only boosts accuracy but also considerably lessens the manual workload, which is a boon for the overall financial well-being of the organization. Moreover, by streamlining these processes, Skovik fosters a more productive work environment, encouraging teams to focus on strategic initiatives rather than administrative tasks.

What is Sage Expense Management?

Sage Expense Management (formerly Fyle) is an AI-powered expense management software built to automate and simplify how businesses handle employee expenses and corporate credit card transactions. Works with your existing credit cards: Sage Expense Management connects directly to credit card networks (Visa, Mastercard, American Express). This means, the moment a card is swiped, the transaction data is sent to our platform. Users instantly receive a text notification and can simply reply with a picture of the receipt for instant, automated reconciliation. Effortless expense submission: Employees can submit expenses from everyday apps, including Text Messages, Gmail, Outlook, or our easy-to-use mobile and web app. Our AI-powered OCR engine automatically extracts, codes, and categorizes data from receipts and allocates it to the right projects & cost centers. Automated, compliant workflows: Transactions appear the moment they occur, with instant policy checks that flag errors or out-of-policy spend. Further, you can set up multi-level approval workflows and track expense approvals in real time. Seamless accounting integrations: Sage Expense Management offers two-way integrations with QuickBooks Online, QuickBooks Desktop, Xero, NetSuite, Sage Intacct, and Sage 300 CRE. It automatically exports your expense data to your accounting software, mapping all key dimensions, including your Chart of Accounts, GL codes, projects, and employees. This ensures that every expense is accurately coded, eliminating the need for manual data entry. 2,000+ teams trust Sage Expense Management to simplify expense management.

Media

Media

Integrations Supported

Google Workspace
NetSuite
BambooHR
Cegid Talentsoft
Deel
Heartpace
HiBob
IFS Cloud
Microsoft Dynamics 365 Business Central
Oracle Cloud CX
SAP Cloud Platform
Sage 100
Sympa
Unit4 ERP
Workday Extend

Integrations Supported

Google Workspace
NetSuite
Gmail
Perk
QuickBooks Online
QuickBooks Online Advanced
Xero

API Availability

Has API

API Availability

Pricing Information

Free
Free Version
Free Trial Offered?

Pricing Information

$11.99/month/user
Usage-led pricing: Sage Expense Management bills only for users who create at least one expense in a month, or have a corporate card connected to Sage Expense Management, with at least one transaction in that month. These are called active users. This means you can onboard all employees but you get charged only for active users.

For the Growth Plan, Sage Expense Management charges $11.99 per active user per month when paid annually. And for the Business Plan, we charge $14.99 per active user per month when paid annually.
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Skovik

Company Location

United States

Company Website

skovik.com

Company Facts

Organization Name

Sage

Date Founded

2016

Company Location

United States

Company Website

www.fylehq.com

Categories and Features

Expense Report

Not specified

Mileage Tracking

Not specified

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Duplicate Payment Alert
Fraud Detection

Expense Report

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

Mileage Tracking

Business / Personal Travel
Employee Reimbursement
Expense Reports
GPS Tracking
Manager Workflow
Mileage Logging
Reporting

Receipt Scanner

Not specified

Reconciliation

Not specified

Spend Analysis

Not specified

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Receipt Management
Spend Analysis
Spend Control

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