Softwr

Software · head to head

Prospect vs Spendesk

Prospect logo

Prospect

Software

VR for architectural visualization

From
$225/month
Rated
-
Full reviewWebsite
Spendesk logo

Spendesk

Software

Smart spend management for modern teams

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Prospect no longer available as a standalone product; has been discontinued and replaced by other solutions; Spendesk no publicly available pricing, requires custom quote
  • They diverge on capability: Prospect covers BIM visualization, Spendesk covers Company cards.

Where they differ

Only the attributes on which Prospect and Spendesk actually diverge.

Attributes where Prospect and Spendesk differ
AttributeProspectSpendesk
Starting price$225/month$29/month
Pricing modelUnknownsubscription
PlatformsVR Headsets (Oculus Rift, HTC Vive, Meta Quest)Web, Mobile iOS, Mobile Android
Founded20142016

Identical on both: free tier (No), user rating (Not yet rated), category (Unknown).

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 Prospect

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

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.

Prospect

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

Spendesk

  • Expense managementnot Prospect
  • Spend controlnot Prospect
  • Finance automationnot Prospect

Where each one falls short

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

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

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

Prospect

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

Spendesk

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

Which should you pick?

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

Choose Spendesk if

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

Questions people ask

Is Prospect or Spendesk better?
Neither clearly leads. Prospect starts at $225/month and Spendesk at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Prospect or Spendesk?
Prospect starts at $225/month and Spendesk at $29/month.
Does Prospect or Spendesk run on more platforms?
Prospect runs on VR Headsets (Oculus Rift, HTC Vive, Meta Quest). Spendesk runs on Web, Mobile iOS, Mobile Android.
What is Prospect best used for?
Prospect is most often used for vr gaming, ar marketing, virtual training, 3d visualization. Of those, vr gaming and ar marketing are not what Spendesk is typically brought in for.
What can Prospect do that Spendesk cannot?
Prospect covers BIM visualization, Real-scale viewing, Collaboration, Annotations. Spendesk covers Company cards, Expense management, Invoice payments, Budget management.

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
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
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
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
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
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
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
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
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
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
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Prospect

More on Spendesk

Keep looking

Other head to heads