Softwr

All industries · head to head

Loom vs Spendesk

Loom logo

Loom

All industries

Record instantly, share anywhere

From
Free
Rated
-
Spendesk logo

Spendesk

Accounting & Finance

Smart spend management for modern teams

From
$29/month
Rated
-

The short version

  • Only Loom has a free tier, so it costs nothing to try first.
  • Each has a real cost: Loom free tier capped at 25 total videos with 5-minute maximum recording length per video; Spendesk no publicly available pricing, requires custom quote
  • They diverge on capability: Loom covers Screen & camera recording, Spendesk covers Company cards.

Where they differ

Only the attributes on which Loom and Spendesk actually diverge.

Attributes where Loom and Spendesk differ
AttributeLoomSpendesk
Starting priceFree$29/month
Pricing modelfreemiumsubscription
Free tierYesNo
PlatformsWebWeb, Mobile iOS, Mobile Android
CategoryAll industriesAccounting & Finance
Founded20152016

Identical on both: 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 Loom

  • Screen & camera recording
  • Instant sharing
  • Video editing
  • Viewer analytics
  • Comments & reactions
  • Transcription
  • Custom CTAs
  • Drawing tools

Only in Spendesk

  • Company cards
  • Expense management
  • Invoice payments
  • Budget management
  • Spend analytics
  • Xero
  • Sage
  • NetSuite

What people use each for

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

Loom

  • Asynchronous video communication and screen recordingnot Spendesk
  • Product demonstrations and tutorialsnot Spendesk
  • Meeting transcription and documentationnot Spendesk
  • Team communication and knowledge sharingnot Spendesk

Spendesk

  • Expense managementnot Loom
  • Spend controlnot Loom
  • Finance automationnot Loom

Where each one falls short

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

Loom

  • Free tier capped at 25 total videos with 5-minute maximum recording length per video
  • Free tier limited to 50 workspace members
  • AI features (auto-meeting recaps, auto-notes, auto-editing) only available on paid Business+AI and Enterprise tiers
  • Video branding (Loom logo) appears on free and Business plan videos; only removed on Business+AI tier

Spendesk

  • No publicly available pricing, requires custom quote
  • Strong European presence but limited in some non-EU markets
  • High implementation costs due to extensive integration requirements

Pricing, plan by plan

Loom

Free

No published plan breakdown. See the Loom review.

Spendesk

$29/month
  • EssentialsFree
    • Virtual cards
    • Expense tracking
    • Approvals

Which should you pick?

Choose Loom if

  • You need screen & camera recording.
  • You want to start without paying.
  • You also want instant sharing.

Choose Spendesk if

  • You need company cards.
  • You work on Web, Mobile iOS, Mobile Android.
  • You also want expense management.

Questions people ask

Is Loom or Spendesk better?
Neither clearly leads. Loom starts at Free and Spendesk at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Loom or Spendesk?
Loom has a free tier; the other does not. Paid plans start at Free for Loom and $29/month for Spendesk.
Does Loom or Spendesk run on more platforms?
Loom runs on Web. Spendesk runs on Web, Mobile iOS, Mobile Android.
Can I use Loom for free?
Yes. Loom has a free tier, so you can try it without paying. Spendesk starts at $29/month.
What is Loom best used for?
Loom is most often used for asynchronous video communication and screen recording, product demonstrations and tutorials, meeting transcription and documentation, team communication and knowledge sharing. Of those, asynchronous video communication and screen recording and product demonstrations and tutorials are not what Spendesk is typically brought in for.
What can Loom do that Spendesk cannot?
Loom covers Screen & camera recording, Instant sharing, Video editing, Viewer analytics. Spendesk covers Company cards, Expense management, Invoice payments, Budget management.

Answered from the vendors’ own pages

Spendesk: What is included in Spendesk's platform?

Spendesk combines corporate cards, a mobile receipts app, approval workflows, automated reconciliation, accounts payable, procurement, and spend controls into one platform.

Source
Spendesk: How does Spendesk handle expense receipts?

Spendesk captures receipts via mobile photo upload with OCR technology, automatically matching receipts to transactions and generating automated expense reports with 98% of expense receipts collected on time.

Source
Spendesk: What integrations does Spendesk offer?

Spendesk integrates with accounting software including Sage, Xero, NetSuite, and SAP, plus HR systems and tools like Slack for comprehensive spend management.

Source
Spendesk: Is Spendesk profitable?

Yes. Spendesk became the first spend management platform to reach profitability in 2025, processing over £10 billion in spend across 35+ countries.

Source
Spendesk: What is Spendesk's valuation?

Spendesk is a unicorn company with a valuation of $1.5 billion, with 2025 revenue of $52 million ARR.

Source
Spendesk: How much time can Spendesk save on bookkeeping?

Organizations using Spendesk save an average of 4 days per month on bookkeeping, equivalent to over 380 hours per year returned to the business.

Source

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