Fyle

What is Fyle?

Fyle is a cloud-based, API-driven expense management platform that provides a mobile and desktop user experience designed to streamline and automate previously manual tasks associated with expense reporting. Integrating with employee-first channels such as Google G Suite, Microsoft Office 365, and WhatsApp, Fyle's industry-first AI-powered solution aims to optimize productivity and generate analytics insights related to employee spend and corporate expenses Serving over 300 customers across more than 20 countries, Fyle is backed by prominent investors including Steadview Capital, Tiger Global Management, Pravega Ventures, Beenext, and Freshworks. The platform offers a range of features to help businesses and their employees manage expenses more efficiently

Highlights

• Real-time credit card reconciliation: Fyle integrates with credit cards from Visa, Mastercard, and other providers, sending instant transaction notifications and enabling employees to simply reply with a receipt image for automatic reconciliation
• Automated expense tracking and submission: Employees can submit expenses directly from common business apps like Gmail, Outlook, Slack, and Microsoft Teams, or through Fyle's mobile app, with the platform's data extraction engine capturing and categorizing expense details
• Robust accounting integrations: Fyle offers two-way integrations with leading accounting platforms such as NetSuite, Sage Intacct, QuickBooks Online, and Xero, allowing seamless data syncing and streamlining the accounting process
• Configurable approval workflows: Businesses can set up custom approval processes based on factors like projects, locations, departments, and cost centers, enabling approvers to review and act on expense reports through various channels.