Uploaded on Feb 17, 2021
Expense management software is a complete solution that organizations utilize to organize, pay, and monitor their business expenses.
Best Expense Management Software in 2020 - Latest Quadrant Ranking Released By 360quadrants
www.360quadrants.com
Best Expense Management Software in 2020 - Latest Quadran
t Ranking Released By 360quadrants
https://www.360quadrants.com/software/expense-management
Expense management software is a complete solution that organizations utilize to organize, pay,
and monitor their business expenses. Specifically, such expenses include leisure and company
transport. In addition, business owners often use them to control and track their corporate
expenses. The top advantages of expense management software include automating payment,
itemized data entry, and invoice monitoring. Most businesses are moving toward this platform for
the application's simple usability. This enables companies to evaluate and simplify the repayment
method. Expense management software also helps in the cost-management process to avoid
possible errors and forgery.
360Quadrants has recognized and listed several vendors, providing the
best expense management software to help clients make strategic business decisions. These
quadrants are created after in-depth vendor evaluation, providing a complete set of features and
go-to-market strategies for growth in the market. The quadrants are updated in the expense
management software space every three months which includes enhanced analysis of the vendors’
strategies and performance by skilled researchers and analysts.
https://www.360quadrants.com/software/expense-management
360Quadrants performs a detailed SWOT evaluation and correctly analyzes the vendors picked for selection. This
assessment helps companies obtain information about potential market opportunities and trends so that they can adopt
the strategies needed for growth and progress in the industry. 360Quadrants offers a detailed list of leading companies
which simplify the vendor selection process.
Quadrant Categorization for Expense Management Software
360Quadrants analyzes 25 vendors in the expense management software space and 11 vendors are displayed on the
quadrant as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.
SAP Concur, Zoho Expense, Expensify, ReceiptBank, and Paycom were recognized as visionary leaders and placed on the
quadrant in the expense management software space.
Deem has been described as an innovator in the expense management software space.
Happay, Fyle, and PEX are identified as emerging companies in the expense management software space.
Divvy and Expend have been categorized as dynamic differentiators in the expense management software space.
https://www.360quadrants.com/software/expense-management
360Quadrants Assessment Method
Top expense management software vendors are usually recognized to be placed in a quadrant by researchers and industry
experts after undertaking a significant amount of research. The vendor evaluation is done based on two major criteria
which are product maturity and company maturity. Product maturity includes criteria such as set of features and
functionality, services offered, deployment models and pricing options provided, while company maturity includes criteria
such as geographic footprint, industries served, partner network, and organic as well as inorganic growth strategies.
The shortlisted vendors are then evaluated on more than 90 parameters and criteria decided by analysts and researchers.
Weightage is allocated to these parameters and criteria, and a rating is created for a particular vendor. This rating will
determine the vendor's location in the 360Quadrant, which will be positioned respectively.
https://www.360quadrants.com/software/expense-management
About 360Quadrants
360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spend and
is the only rating platform for vendors in the technology space. The platform provides users access
to unbiased information that helps them make qualified business decisions. 360Quadrants enables
vendors to influence the business decisions of potential clients. Vendors get to win ideal new
customers, customize their quadrants, decide key parameters, and position themselves strategically
in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brand and
increase their thought leadership. The platform targets the building of a social network that links
industry experts with companies worldwide. The platform has around 400 total buyers across
various markets.
360Quadrants will also be launching quadrants in fields like Study Tools, 3D Rendering Software,
Artificial Intelligence Software and Retail Management System.
https://www.360quadrants.com/software/expense-management
Contact:
Mr. Agney Sugla
[email protected]
630 Dundee Road, Suite 430
Northbrook, IL 60062
https://www.360quadrants.com/software/expense-management
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