Find our top expense management tools to fit your UK small business
Simplify your spending with our best expense management tools
Moss
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- Automate expense claims and receipt collection with 98% AI accuracy to eliminate manual spreadsheets.
- Issue physical and virtual cards to employees with pre-set budgets and limits, ensuring control before spend happens.
- Sync fully coded transactions in real-time with Xero and NetSuite to slash month-end administrative work.
- Scale your finance operations with zero per-user fees—add your whole team without increasing costs.
| Recommended for | Growing companies (10-500 employees) looking to consolidate expenses, cards, and invoices in one platform. |
| Not recommended for | Sole traders, freelancers, or micro-businesses looking for a free receipt scanner or basic business banking |
| Integrations | Xero, Quickbooks, DATEV, Netsuite |
Pleo
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- User-friendly smart company cards
- Automated receipt capture with "Fetch" for email invoices
- Real-time spending notifications and mobile app
- Empowers employees with controlled spending autonomy
| Recommended for | Startups and small to medium-sized businesses looking for a highly intuitive, employee-friendly solution. |
| Not recommended for | Large enterprises with extremely complex, multi-entity approval workflows that may require a more rigid, top-down control system. |
| Integrations | Xero, QuickBooks, Sage, Microsoft Dynamics |
Payhawk
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- Combines company cards, expenses, payments, and invoices
- Advanced features like subscription management and multi-entity management
- Live integrations with major ERP systems
- Enterprise-grade controls and security
| Recommended for | Medium to large enterprises with complex global financial workflows that need a single platform for all company spending. |
| Not recommended for | Small businesses or freelancers who do not need advanced features like accounts payable or multi-entity management. |
| Integrations | Xero, QuickBooks, NetSuite, Microsoft Dynamics |
Capture Expense
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- Mileage tracking with Google Maps integration.
- Part of a wider suite of business software (HR, Payroll, etc.).
- Compliant with HMRC guidelines.
- Customisable reporting and dashboards.
| Recommended for | Companies already using or considering other software from PSSG (e.g. Cintra Payroll), seeking an integrated ecosystem. |
| Not recommended for | Businesses looking for a simple, standalone expense tool with a modern, mobile-first user interface. |
| Integrations | Access Financials, Sage, SAP, Oracle |
Equals
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- The complete suite for businesses managing money movement & expenses. Pay annually and save 17% vs monthly, get up to 100 virtual cards free depending on your pricing tier
- Available to unlimited users with reliable, expert support 7 days a week
- Trusted, having helped customers manage & move over £50 billion globally since 2005.
- Fee-free spending in 21 major currencies (1.5% transaction fee for others) & a Multi-currency IBAN Account for same-day or next-day international transfers at favourable rates
| Recommended for | Scaling SMEs looking for an all-in-one solution to automate expenses, enable business prepaid cards, international payments and corporate FX with full visibility and control in one place. |
| Not recommended for | Startups and freelancers |
| Integrations | Xero, Concur® Expense |
What is expense management software and how does it work?
Expense management software is designed to streamline the process of tracking, reporting and reimbursing employee expenses. This software can be used in businesses of all sizes as it helps to replace manual systems which can be prone to errors. The result is a system that offers financial transparency for businesses so they can control their spending.
This software works from the moment an expense takes place. Your employees can log the expense in the system, adding categories and any relevant notes. The employee can then submit the expense within the software and this is sent to their manager for sign-off. Once approved, the expense is then reimbursed via a direct deposit.
Some expense management software solutions also offer integration with accounting and payroll systems, which helps to keep accurate financial records.
What are the benefits of using software for expense management?
This type of software can provide many benefits for small businesses, as it is more efficient than manual systems. Here are just some of the ways it can help to run your business smoothly...
Saves money and time - manual expense reporting can take up a lot of time for your finance team, as they have to fill in various spreadsheets. Expense management software does the hard work for you, freeing up your staff to focus on more strategic tasks
Reduces errors - human error is always a problem when you're doing tasks manually, but with this automated software you can be reassured that expenses are being managed with accuracy
Faster reimbursement - a digital expense system means you can pay back our employees a lot quicker, which should keep everyone a lot happier
Real-time visibility - expenses are an important part of your cashflow and budget, so it's important that you know exactly what is being spent. Expense management software normally comes with real-time spending data
Integration with other systems - this type of software doesn't need to work in isolation, and many solutions actually offer integration with other business software like accounting and payroll
What are the best features of expense management tools?
The best features of expense management tools are those that automate the entire process, so your business can have complete control over expenses.
Receipt capture
Smart approvals
Real-time reporting
Automatic categorisation
How to choose the right expense management software for your small business
The key to choosing the right expense management software is to evaluate your business needs, including budget and future growth plans. The good news is that there are plenty of providers available, you just need to do your research to find the best fit.
1. Define business needs
This is an important step and should be completed before purchasing anything for your business. In terms of this software, look at how many employees will need to submit expenses and what type of expenses you'll need to track. Then think about your realistic budget to satisfy these needs.
2. Pick your key features
What are your must-have features that are a non-negotiable? Create a checklist of essential features and use this list to compare providers and the software available.
3. Look at the cost
Money is a key factor when you're choosing expense management software, so remember to check whether there are hidden fees.
4. Check customer support
Customer support is key when setting up new software for your business, so always do your research and investigate the quality of the customer service. User reviews are also a good indication of what's working and what's not.
Other top providers of expense management software
Expensify
This expense management software automates the entire expense reporting process, from receipt capture to reimbursement. Its key feature, SmartScan, is as easy as taking a photo, as employees can take a picture of a receipt with their phone and then add it to to the system. This saves time and starts the expense process easily.
Continia
If your business is already using Microsoft Business Central, then it's worth exploring Continia as it is fully integrated with this software. It automates the entire expense process and uses AI to capture receipts via an app.
Ramp
This is an all-in-one corporate card and expense management platform that automates your business finances. It offers real-time visibility into spending and can integrate with accounting software to save time on manual tasks.
Xero
Xero's expense software integrates with its main accounting platform, so you can track and manage your business spending in one place. It is helpful for small businesses as it mixes real-time tracking with automation so your finances are simplified.
QuickBooks
Expense software is a main feature of QuickBooks accounting software and it provides a way for small businesses to track, categorise and manage spending directly. It works well during the tax season when you need accurate financial records.
What business expenses should I keep track of?
If your employees use a car or van for business needs, they may clam expenses for fuel, insurance or even repairs. These costs can quickly add up, so it's a good idea to track this on a monthly basis.
This is similar to car expenses, but more specifically for costs that relate to train or plane business travel.
If your employees travel long distance, then they might need to expense a hotel stay or an evening meal.
This could include day-to-day items like stationery and printer ink or bigger items like computers and furniture for your office.
What business expenses should I keep track of?
Car or van
Public transport
Accommodation and food
Supplies and equipment
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