Softwr

Accounting & Finance · head to head

Fyle vs Prospect

Fyle logo

Fyle

Accounting & Finance

Real-time expense management that works with your cards

From
$29/month
Rated
-
Full reviewWebsite
Prospect logo

Prospect

Proposal & Quote

VR for architectural visualization

From
$225/month
Rated
-
Full reviewWebsite

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; Prospect no longer available as a standalone product; has been discontinued and replaced by other solutions
  • They diverge on capability: Fyle covers Real-time card tracking, Prospect covers BIM visualization.

Where they differ

Only the attributes on which Fyle and Prospect actually diverge.

Attributes where Fyle and Prospect differ
AttributeFyleProspect
Starting price$29/month$225/month
Pricing modelsubscriptionUnknown
PlatformsWeb, Ios, AndroidVR Headsets (Oculus Rift, HTC Vive, Meta Quest)
CategoryAccounting & FinanceProposal & Quote
Founded20162014

Identical on both: 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 Fyle

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

Only in Prospect

  • BIM visualization
  • Real-scale viewing
  • Collaboration
  • Annotations
  • Revit
  • SketchUp
  • Rhino
  • Navisworks

What people use each for

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

Fyle

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

Prospect

  • VR Gamingnot Fyle
  • AR Marketingnot Fyle
  • Virtual Trainingnot Fyle
  • 3D Visualizationnot Fyle
  • Immersive Experiencesnot 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

Prospect

  • No longer available as a standalone product; has been discontinued and replaced by other solutions
  • Acquisition by The Wild in 2021 resulted in product discontinuation and transition to Workshop XR
  • No ongoing development, bug fixes, or feature updates since acquisition

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

Prospect

$225/month
  • Team$350/month
    • Multiuser VR collaboration
    • Design review tools
    • Voice communication

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.
Fyle review

Choose Prospect if

  • You need bim visualization.
  • You work on VR Headsets (Oculus Rift, HTC Vive, Meta Quest).
  • You also want real-scale viewing.
Prospect review

Questions people ask

Is Fyle or Prospect better?
Neither clearly leads. Fyle starts at $29/month and Prospect at $225/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Fyle or Prospect?
Fyle starts at $29/month and Prospect at $225/month.
Does Fyle or Prospect run on more platforms?
Fyle runs on Web, Ios, Android. Prospect runs on VR Headsets (Oculus Rift, HTC Vive, Meta Quest).
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 Prospect is typically brought in for.
What can Fyle do that Prospect cannot?
Fyle covers Real-time card tracking, Automatic receipt matching, Expense policies, Approval workflows. Prospect covers BIM visualization, Real-scale viewing, Collaboration, Annotations.

Answered from the vendors’ own pages

Prospect: What is Prospect by IrisVR?

Prospect was an immersive VR application that converted 3D design files from Revit, Rhino, SketchUp, and Navisworks into virtual reality walkthroughs with one click. It enabled AEC teams to conduct design reviews, collaborate in VR, and present projects to clients immersively.

Source
Prospect: Is Prospect still available?

No. Prospect by IrisVR was acquired by The Wild in February 2021 and has been discontinued. Autodesk Workshop XR is now the recommended successor for AEC teams migrating from Prospect.

Source
Prospect: How was Prospect priced?

Prospect's Team plan cost approximately $350 per workstation per month when billed annually. Earlier pricing information from 2020 showed starting prices around $225. Custom enterprise pricing was available.

Source
Prospect: What VR headsets did Prospect support?

Prospect was compatible with major VR headsets including Oculus Rift, HTC Vive, and later Meta Quest. Support depended on the runtime and connection method available.

Source
Prospect: What was Prospect's biggest advantage?

Prospect's one-click conversion from native design files (Revit, Rhino, SketchUp) into immersive VR experiences was its primary value proposition, enabling non-VR specialists to easily create compelling design reviews and client presentations.

Source
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