The Best Expense Tracking Software for Construction Companies
Tuesday, August 30, 2022 | Expense Tracker
In the construction industry, managers need to be aware of various expenses. By keeping track of project expenses, managers of construction companies can help save the firm money in the long run. The most efficient way to keep track of project expenses is to use an expense tracking software system. Using online expense tracking software helps construction companies reduce their paper usage and human error. Many expense trackers can also be accessed on both desktop and mobile. Examples of expense tracker software solutions that construction companies and firms can use include Talygen, Rydoo, Zoho Expense, Fyle, Divvy, and ExpensePoint. Let’s go over these online expense software systems in more detail.
Overview of Online Expense Software Systems
1. Talygen
Talygen is an all-in-one software suite that includes expense tracking software. Talygen includes many useful features for construction companies to utilize. These features include expense reports, the ability to upload receipts, approving and disapproving expense entries, and setting expense limits. Users can upload expense reports to inform management of funds spent on projects. Expenses can be uploaded in bulk.
Additionally, users can upload their receipts via the mobile app. Once expenses and receipts have been uploaded into the centralized dashboard, they can be approved or denied by management. Then, management can reimburse the employees. To help save on costs, managers can set expense limits for certain projects. These budgets can be adjusted at any time.
Another way that Talygen’s expense tracker software can benefit construction companies is that it can integrate with third-party software such as QuickBooks, Microsoft Dynamics, and Microsoft Excel. Talygen includes other modules such as time tracking, invoicing, and asset management that construction companies can use. Overall, Talygen is an ideal expense tracker for construction companies and firms due to its range of features.
2. Rydoo
Rydoo is an online expense software system that construction companies and firms can use. A key feature of Rydoo is that uploaded expense reports are displayed on a centralized dashboard. When uploading expense reports, users can also upload their receipts. Managers can then reimburse employees. Another benefit of using Rydoo is that it can integrate with third-party systems such as QuickBooks and Microsoft Dynamics. However, a disadvantage of using Rydoo is that the mobile app is less functional than the desktop website.
3. Zoho Expense
Construction companies can use Zoho Expense to help them organize and review their expenses. One of the benefits of using Zoho Expense is that the software provides various reports and analytics on expenses. These expense reports can be approved or denied by management. Managers can easily reimburse employees for the money spent on expenses. Managers can also set rules and budget restrictions if the company needs to reduce the amount of money it spends on a certain expense. Another benefit of using Zoho Expense is that it can integrate with third-party accounting software like QuickBooks. However, some construction companies may hesitate to sue Zoho Expense as their expense tracker software system because it has a sight learning curve.
4. Fyle
Fyle is an online expense software solution designed for the construction industry. A key feature of Fyle is that managers can view expenses spent on projects via a centralized dashboard. These reports help managers decide whether or not expenses should be cut or expanded. Managers can also approve expense entries after they have been uploaded to the system. Managers can also reimburse employees. Fyle can also integrate with QuickBooks. However, a downside of using Fyle is that it tends to run slower on the iPhone app than on the desktop website. The mobile app also tends to be buggy.
5. Divvy
Divvy is an expense tracker software that construction companies and firms can use. One of the benefits of using Divvy is that managers can set project limits to help save costs. These limits can be adjusted at any time. Managers can view charts and graphs on expenses uploaded by employees via a centralized dashboard. The expenses can be sorted by department, team, or project. Another key feature of Divvy is that users can easily manage invoices and payments. However, a downside of using Divvy is that the reporting and reimbursement features are not as efficient as other online expense software systems like Talygen.
6. ExpensePoint
ExpensePoint is an expense tracker software system that construction companies can use. In ExpensePoint, managers can view and track expense reports for different projects. Users can upload expenses in bulk. Also, users can upload copies of their receipts. After reports have been submitted, managers can approve or deny them. However, some construction companies may hesitate to use ExpensePoint as their expense tracking software because the user interface can be somewhat complicated to navigate.
Conclusion
Expense tracker software systems are helpful tools for construction companies and firms to use. Online expense software can help construction companies reduce paperwork and human error. If managers of construction companies are looking for an efficient expense tracking software system, then they should consider Talygen. For more information on Talygen, visit www.talygen.com/Online-Expense-Tracking-System to view software packages and speak with a product representative.
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Aug
Jul
Jun
How to Manage Your Employees with Talygen’s Employee Management Software
Friday, June 29, 2018
5 Advantages of Using Talygen’s Job Portal Software
Monday, June 11, 2018 May
Apr
Talygen’s Time Tracker with Screenshots: An Indispensable Asset for Your Organization
Sunday, April 22, 2018
4 Essential Things You Should Consider Before Choosing A Time Tracking Software
Friday, April 13, 2018 Mar
Empower Your Business with Customer Relationship Management Software
Monday, March 26, 2018
Why Your Business Needs To Invest in a Project Management Software?
Sunday, March 18, 2018 Feb
2017
2016
2015
Oct
Sep
Aug
Why Do You Need the Talygen Time Tracker?
Tuesday, August 25, 2015
Five Features that Will Make Managers Love Talygen
Wednesday, August 12, 2015 Jul
Jun
May
Apr
Mar
2014
Dec
CES Series: Talygen to showcase the Future of Business at CES 2015
Tuesday, December 30, 2014
CES Series: 2014 was a blast, so will 2015 Be!
Thursday, December 25, 2014 Oct
Sep
Introduction to Talygen’s offline Time Tracking Application
Tuesday, September 30, 2014
Tips and ideas for successful project management
Wednesday, September 24, 2014
Smarten up your Project Management with Talygen
Tuesday, September 16, 2014
Why should businesses use an invoicing software?
Wednesday, September 10, 2014
Why Worker Productivity Matters and How to Improve it
Thursday, September 04, 2014 Aug
