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All industries · head to head

Expensify vs Loopio

Expensify logo

Expensify

All industries

Expense management for receipts, bills & more

From
$5/month
Rated
-
Full reviewWebsite
Loopio logo

Loopio

Proposal & Quote

RFP Response Software

From
$20000/year
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Expensify minimal offline expense entry capabilities hamper use in areas with unstable internet; Loopio export formatting causes issues with document appearance in client deliverables
  • They diverge on capability: Expensify covers SmartScan receipts, Loopio covers Content library.

Where they differ

Only the attributes on which Expensify and Loopio actually diverge.

Attributes where Expensify and Loopio differ
AttributeExpensifyLoopio
Starting price$5/month$20000/year
PlatformsWeb, iOS, AndroidWeb
CategoryAll industriesProposal & Quote
Founded20082014

Identical on both: pricing model (Unknown), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Expensify

  • SmartScan receipts
  • Expense reports
  • Corporate cards
  • Reimbursements
  • Travel booking
  • Mileage tracking
  • Multi-currency
  • Real-time syncing

Only in Loopio

  • Content library
  • RFP automation
  • Collaboration
  • Analytics
  • AI suggestions
  • Salesforce
  • Google Drive
  • Microsoft 365

Both cover

  • Slack

What people use each for

The jobs each tool is most often brought in to do.

Expensify

  • Expense reportingnot Loopio
  • Receipt managementnot Loopio
  • Travel expensesnot Loopio
  • Corporate card managementnot Loopio
  • Reimbursementsnot Loopio

Loopio

  • Customer Successnot Expensify
  • Rfp Responsenot Expensify
  • Content Librarynot Expensify

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Expensify

  • Minimal offline expense entry capabilities hamper use in areas with unstable internet
  • OCR receipt data extraction requires manual review and correction for accuracy
  • Per-user pricing model increases costs for larger organizations

Loopio

  • Export formatting causes issues with document appearance in client deliverables
  • Content library responses often end up generic and bland without bespoke customization
  • AI response suggestions frequently incorrect, requiring extensive manual review
  • Collaborators cannot comment on specific paragraphs or ask questions inline

Pricing, plan by plan

Expensify

$5/month

No published plan breakdown. See the Expensify review.

Loopio

$20000/year

No published plan breakdown. See the Loopio review.

Which should you pick?

Choose Expensify if

  • You need smartscan receipts.
  • You work on Web, iOS, Android.
  • You also want expense reports.
Expensify review

Choose Loopio if

  • You need content library.
  • You also want rfp automation.
Loopio review

Questions people ask

Is Expensify or Loopio better?
Neither clearly leads. Expensify starts at $5/month and Loopio at $20000/year, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Expensify or Loopio?
Expensify starts at $5/month and Loopio at $20000/year.
Does Expensify or Loopio run on more platforms?
Expensify runs on Web, iOS, Android. Loopio runs on Web.
What is Expensify best used for?
Expensify is most often used for expense reporting, receipt management, travel expenses, corporate card management. Of those, expense reporting and receipt management are not what Loopio is typically brought in for.
What can Expensify do that Loopio cannot?
Expensify covers SmartScan receipts, Expense reports, Corporate cards, Reimbursements. Loopio covers Content library, RFP automation, Collaboration, Analytics. Both handle Slack.

Answered from the vendors’ own pages

Expensify: How does Expensify capture receipts?

Expensify uses SmartScan technology with OCR to automatically extract data from receipt images, reducing manual data entry. Users can photograph receipts with their phone to quickly create expense entries.

Source
Loopio: What does Loopio do?

Loopio is RFP response management software that helps enterprises scale their response process for RFPs, RFIs, Security Questionnaires, and similar requests with AI-powered answer suggestions from approved content libraries.

Source
Expensify: What reimbursement methods does Expensify support?

Expensify supports ACH reimbursement via direct deposit after setting up a direct deposit account. Next-day reimbursement is available, or standard processing takes 3-5 business days.

Source
Loopio: How much does Loopio cost?

Entry pricing for the Foundations plan is estimated around $20,000 per year for 10 seats. Median contract is approximately $22,786 annually with range from $11,000 to over $55,000 depending on team size and tier.

Source
Expensify: How does Expensify offline mode work?

Expensify has limited offline capabilities. Users can capture receipts offline, but data syncs when internet connectivity is restored. Full functionality requires online access.

Source
Loopio: What integrations does Loopio support?

Loopio integrates with Salesforce, Slack, Microsoft Teams, Google Drive, SharePoint, OneDrive, Box, Word, PowerPoint, Excel, and SSO providers like Okta, Microsoft Azure, and Auth0.

Source
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Related pages

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