Accounting & Finance · head to head
Fyle vs Empower
Fyle
Accounting & Finance
Real-time expense management that works with your cards
- From
- $29/month
- Rated
- -
The short version
- Each has a real cost: 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; Empower empower's managed advisory tiers require a minimum of $100,000 in investable assets for Personal Strategy and $1,000,000 for Private Client, with exact advisory fee percentages deferred to the Form ADV filing rather than published on the site.
- They diverge on capability: Fyle covers Real-time card tracking, Empower covers Net worth tracking.
Where they differ
Only the attributes on which Fyle and Empower actually diverge.
Identical on both: starting price ($29/month), free tier (No), platforms (Web, Ios, Android), user rating (Not yet rated), category (Accounting & Finance).
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 Fyle
- Real-time card tracking
- Automatic receipt matching
- Expense policies
- Approval workflows
- Mileage tracking
- QuickBooks
- Xero
- Sage Intacct
Only in Empower
- Net worth tracking
- Investment tracking
- Retirement planner
- Cash flow
- 401k fee analyzer
- Bank connections
- Brokerage accounts
- SOC 2
Both cover
- Web support
- Ios support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Fyle
- Expense reporting and corporate card reconciliationnot Empower
- Enforcing spend policy and approvals before reimbursementnot Empower
Empower
- Wealth trackingnot Fyle
- Retirement planningnot Fyle
- Investment analysisnot Fyle
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
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
Empower
- Empower's managed advisory tiers require a minimum of $100,000 in investable assets for Personal Strategy and $1,000,000 for Private Client, with exact advisory fee percentages deferred to the Form ADV filing rather than published on the site.
Pricing, plan by plan
Fyle
$29/month- Standard$8/month
- Real-time card feeds
- Receipt matching
- Basic approvals
- Business$12/month
- Advanced policies
- Custom workflows
- Analytics
- Enterprise$undefined/month
- Unlimited users
- API access
- Priority support
Empower
$29/month- Free ToolsFree
- Net worth tracking
- Cash flow
- Investment checkup
- Wealth ManagementFree
- 0.89% AUM fee
- Dedicated advisor
- Tax optimization
Which should you pick?
Choose Fyle if
- You need real-time card tracking.
- You work on Web, Ios, Android.
- You also want automatic receipt matching.
Choose Empower if
- You need net worth tracking.
- You work on Web, Ios, Android.
- You also want investment tracking.
Questions people ask
- Is Fyle or Empower better?
- Neither clearly leads. Fyle starts at $29/month and Empower at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Fyle or Empower?
- Fyle starts at $29/month and Empower at $29/month.
- Does Fyle or Empower run on more platforms?
- Both run on Web, Ios, Android, so platform support will not decide this one for you.
- What is Fyle best used for?
- Fyle is most often used for expense reporting and corporate card reconciliation, enforcing spend policy and approvals before reimbursement. Of those, expense reporting and corporate card reconciliation and enforcing spend policy and approvals before reimbursement are not what Empower is typically brought in for.
- What can Fyle do that Empower cannot?
- Fyle covers Real-time card tracking, Automatic receipt matching, Expense policies, Approval workflows. Empower covers Net worth tracking, Investment tracking, Retirement planner, Cash flow. Both handle Web support, Ios support, Android support.