Softwr

Accounting · head to head

FloQast vs Fyle

FloQast logo

FloQast

Accounting

Close management software for accounting teams

From
$29/month
Rated
-
Fyle logo

Fyle

Accounting

Real-time expense management that works with your cards

From
$11.99/month per active user
Rated
-

The short version

  • Each has a real cost: FloQast no pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against; Fyle billed per active user, defined as anyone who creates an expense or has a connected card with transactions in the month, so headcount does not predict the bill
  • They diverge on capability: FloQast covers Close management, Fyle covers Real-time card tracking.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which FloQast and Fyle actually diverge.

Attributes where FloQast and Fyle differ
AttributeFloQastFyle
Starting price$29/month$11.99/month per active user
PlatformsWebWeb, Ios, Android
Founded20132016

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

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 FloQast

  • Close management
  • Reconciliation
  • Flux analysis
  • Audit prep
  • Team collaboration
  • Sage
  • Excel
  • SOC 2

Only in Fyle

  • Real-time card tracking
  • Automatic receipt matching
  • Expense policies
  • Approval workflows
  • Mileage tracking
  • Xero
  • Sage Intacct
  • Slack

Both cover

  • NetSuite
  • QuickBooks
  • GDPR
  • Web support

What people use each for

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

FloQast

  • Managing the accounting close with checklists and reconciliationsnot Fyle
  • Automating account reconciliation and compliance workflowsnot Fyle

Fyle

  • Expense reporting and corporate card reconciliationnot FloQast
  • Enforcing spend policy and approvals before reimbursementnot FloQast

Where each one falls short

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

FloQast

  • No pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • The product is split into five separately packaged solution categories
  • Every route to a figure runs through a personalised demo

Fyle

  • Billed per active user, defined as anyone who creates an expense or has a connected card with transactions in the month, so headcount does not predict the bill
  • The Growth plan carries a 5 user minimum and the Business plan a 10 user minimum, so the entry cost is set by the floor rather than the team
  • API access and the Sage Intacct and NetSuite integrations require a paid tier
  • ACH reimbursements and project expense tracking sit above the entry plan
  • Both published plans are billed annually
  • Enterprise pricing is custom and aimed at organisations with 250 or more employees

Pricing, plan by plan

FloQast

$29/month
  • StandardFree
    • Custom pricing
    • Close management
    • Reconciliation

Fyle

$11.99/month per active user
  • Growth$11.99/month per active user
    • Minimum 5 users
    • Unlimited expense tracking, receipt scanning
    • Card integrations, mileage/per diem tracking
  • Business$14.99/month per active user
    • Minimum 10 users
    • Multi-stage approvals, ACH reimbursements (US only)
    • Project tracking, Sage Intacct/300 CRE integrations
  • Enterprise$null/mo
    • 250+ employees
    • IP whitelisting, SSO options
    • Branded accounts, dedicated account manager

Which should you pick?

Choose FloQast if

  • You need close management.
  • You also want reconciliation.

Choose Fyle if

  • You need real-time card tracking.
  • You work on Web, Ios, Android.
  • You also want automatic receipt matching.

Questions people ask

Is FloQast or Fyle better?
Neither clearly leads. FloQast starts at $29/month and Fyle at $11.99/month per active user, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or Fyle?
FloQast starts at $29/month and Fyle at $11.99/month per active user.
Does FloQast or Fyle run on more platforms?
FloQast runs on Web. Fyle runs on Web, Ios, Android.
What is FloQast best used for?
FloQast is most often used for managing the accounting close with checklists and reconciliations, automating account reconciliation and compliance workflows. Of those, managing the accounting close with checklists and reconciliations and automating account reconciliation and compliance workflows are not what Fyle is typically brought in for.
What can FloQast do that Fyle cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep. Fyle covers Real-time card tracking, Automatic receipt matching, Expense policies, Approval workflows. Both handle NetSuite, QuickBooks, GDPR, Web support.

Answered from the vendors’ own pages

FloQast: How much does FloQast cost?

FloQast does not publish specific pricing with dollar amounts. Instead, the company offers customized packages that scale with business outcomes rather than seat count. Pricing is tailored to each organization's unique needs, scope, and scale.

Source
Fyle: How does Fyle define and charge for active users?

An 'active user' is defined as an employee who creates at least one expense or has a credit card connected with active transactions monthly. You only pay for active users, not all onboarded employees.

Source
FloQast: Does FloQast charge per user?

No. FloQast explicitly states 'No Per-User Fees. Pricing Built Around Value, Not Headcount.' The company's pricing is customized to organizational requirements rather than based on the number of users.

Source
Fyle: What is Fyle's Growth plan pricing?

The Growth plan costs $11.99 per active user per month (billed annually) with a minimum of 5 users. Includes unlimited expense tracking, receipt scanning, and single-stage approvals.

Source
FloQast: What is FloQast's pricing model?

FloQast uses a value-based pricing approach with customizable packages across solutions like Close Management, Compliance & Risk, Financial Reporting, and AI Automation. Each organization receives a personalized pricing recommendation based on their unique challenges and objectives.

Source
Fyle: What features does Fyle's Business plan add?

The Business plan costs $14.99 per active user per month (minimum 10 users, annual billing) and adds multi-stage approvals, project tracking, ACH reimbursements (US only), and premium support.

Source
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