Best Business Expense Tracker Apps 2024

Best Business Expense Tracker Apps 2024Best Business Expense Tracker Apps 2024  Read More Software & Apps

To curate this list of the best business expense tracker apps, our team performed in-depth research of multiple providers in four key areas: pricing, general features, additional features and ratings and reviews. Each of these criteria was then broken down further by looking at 22 specific metrics that were weighted to favour features that small business owners find valuable in an expense tracker app.

Pricing

We considered whether the service offered a free trial, how low its starting price was and the range of costs between its lowest tier and highest tier price. Those that offered a free version fared better in our rankings as did those whose starting price fell within what we considered to be an affordable or moderate price range. We counted pricing as 10 percent of the total rating.

Features

Our team of experts considered whether the app allowed unlimited users, receipt upload and direct reimbursement from the app. We also considered workflow management tools, workflow approval and multicurrency support. These were features that we considered to be ones that every app should have, either as part of its plan or available as an add-on.

Then, we looked for unique features that the apps could have. Some of these nice-to-have features we looked for included how the app integrated with accounting software as well as how the mobile app worked and whether it had automation functionality. Features accounted for 50 percent of the final score.

Third-party reviews

We also wanted to get the opinions of real users of the expense tracker apps. We considered the number of reviews from the App Store, G2 and Capterra, looking for positive reviews that numbered at least 200. We also calculated how many of those reviews were higher at least 3.5 stars or higher out of 5. Third-party reviews totalled 10 percent of the final score.

Expert analysis

Continuing with customer reviews, our experts looked at essential metrics that included popularity, value for the money, ease of use and stand-out features. By crunching the numbers, we could then calculate which business expense tracker came out on top. Altogether, these criteria make up 40% of the total score.

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