Accounting & Finance · head to head
Fyle vs FloQast
Fyle
Accounting & Finance
Real-time expense management that works with your cards
- From
- $29/month
- Rated
- -
FloQast
Accounting & Finance
Close management software for accounting teams
- 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; 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
- They diverge on capability: Fyle covers Real-time card tracking, FloQast covers Close management.
Where they differ
Only the attributes on which Fyle and FloQast actually diverge.
Identical on both: starting price ($29/month), pricing model (subscription), free tier (No), 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
- Xero
- Sage Intacct
- Slack
Only in FloQast
- Close management
- Reconciliation
- Flux analysis
- Audit prep
- Team collaboration
- Sage
- Excel
- SOC 2
Both cover
- QuickBooks
- NetSuite
- GDPR
- Web support
What people use each for
The jobs each tool is most often brought in to do.
Fyle
- Expense reporting and corporate card reconciliationnot FloQast
- Enforcing spend policy and approvals before reimbursementnot FloQast
FloQast
- Managing the accounting close with checklists and reconciliationsnot Fyle
- Automating account reconciliation and compliance workflowsnot 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
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
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
FloQast
$29/month- StandardFree
- Custom pricing
- Close management
- Reconciliation
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.
Questions people ask
- Is Fyle or FloQast better?
- Neither clearly leads. Fyle starts at $29/month and FloQast at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Fyle or FloQast?
- Fyle starts at $29/month and FloQast at $29/month.
- Does Fyle or FloQast run on more platforms?
- Fyle runs on Web, Ios, Android. FloQast runs on Web.
- 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 FloQast is typically brought in for.
- What can Fyle do that FloQast cannot?
- Fyle covers Real-time card tracking, Automatic receipt matching, Expense policies, Approval workflows. FloQast covers Close management, Reconciliation, Flux analysis, Audit prep. Both handle QuickBooks, NetSuite, GDPR, Web support.