Concur vs Synder
Last Updated:Our analysts compared Concur vs Synder based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Product Assistance
Product Insights
- Reduce Cost: Connect various sources of expense data and reduce the need for manual information entry. Make more intelligent business decisions with accurate and consolidated data.
- More Centralized Data: Connect with over 150 apps and spend data giving employees the freedom to work without hunting down information.
- Ensure Compliance: Automate policy upgrades to ensure compliance. Leave no room for non-compliance by flagging exceeded spending thresholds for the employees.
- Accessibility: Access the system by web or mobile app. Record expenses through the journey in the app while on the go. Manage travel and costs quickly and easily – including photographing receipts and attaching them to the expense claim.
- Go Paperless: Eliminate the need for paper receipts by storing all receipts in the receipt store.
- Easy Approval: Approve expenses across the different departments with real-time notifications.
- More Straightforward Invoice Management: Review the invoice and submit it without any manual intervention.
- Minimize Risk: Mitigate risk by importing feeds from travel suppliers and corporate credit card providers. Protect the business in tax season by creating an accurate audit trail.
- Transparency: Check for new ways to save money by gaining complete control over the organization’s funds. Keep a tab of open but unapproved expenses in the system. Report spending across each department to identify areas of excess.
- Time Efficiency: Synder automates repetitive accounting tasks, freeing up valuable time for your team to focus on strategic financial planning and analysis.
- Accuracy Improvement: By minimizing manual data entry, Synder reduces the risk of human error, ensuring your financial records are precise and reliable.
- Real-Time Insights: With Synder, you gain immediate access to up-to-date financial data, enabling informed decision-making and agile business responses.
- Seamless Integration: Synder connects effortlessly with popular platforms like QuickBooks and Xero, streamlining your workflow and maintaining data consistency across systems.
- Enhanced Cash Flow Management: By providing a clear view of your financial transactions, Synder helps you manage cash flow more effectively, ensuring liquidity and operational stability.
- Scalability: As your business grows, Synder scales with you, accommodating increased transaction volumes without compromising performance or accuracy.
- Compliance Assurance: Synder helps maintain compliance with financial regulations by keeping detailed and organized records, simplifying audits and reporting.
- Cost Reduction: By automating accounting processes, Synder reduces the need for extensive manual labor, lowering operational costs and increasing profitability.
- Data Security: Synder employs robust security measures to protect sensitive financial information, giving you peace of mind about data privacy and integrity.
- Customizable Reporting: Generate tailored financial reports that meet your specific business needs, providing insights that drive strategic growth and efficiency.
- Improved Collaboration: Synder facilitates better communication and collaboration among team members by providing a centralized platform for financial data access and management.
- Enhanced Customer Experience: By streamlining billing and payment processes, Synder improves customer satisfaction and strengthens client relationships.
- Reduced Reconciliation Time: Synder simplifies the reconciliation process by automatically matching transactions, saving time and reducing discrepancies.
- Multi-Currency Support: Manage international transactions effortlessly with Synder's multi-currency capabilities, expanding your business's global reach.
- Environmental Impact: By digitizing financial processes, Synder reduces paper usage, contributing to a more sustainable and eco-friendly business operation.
- Real-Time Integration: See precisely what is being spent with real-time data and AI audits to help the businesses. Eliminate blind spots.
- Automate Rules: Automate and apply rules fairly and consistently so that everyone’s expectations are met and fraud is easily caught.
- Accounts Payable Automation: Automate the invoice process to catch duplicate entries. Save significant time with invoice tracking and quicker payments.
- Travel Integration: Record expenses incurred on work-related trips automatically. Prepopulate business travel information so it’s easy for employees to submit accurate claims for reimbursement.
- Analytics: Improve control over funds, examine productivity and increase compliance with automated, fast and accurate reporting.
- Budget: Get a consolidated view of revenue and expenses in real time on an easy-to-use dashboard to identify gaps and make well-informed decisions.
- Drive: Capture mileage to ensure compliance, reduce fraud, cut costs and reimburse employees adequately.
- Audit: Ensure all employees are compliant and each dollar spent is certified against the company’s policy with a receipt audit service.
- Payment Solution: Automate and simplify vendor payment and reimbursement.
- Company Bill Statements: Centralize company cards and financial statements that capture total spend and maintain policy control.
- Travel: Ensure every employee is supported with travel insights, regardless of where the trip is booked.
- TripLink: Connect travelers and itineraries across multiple channels. Apply policies to direct booking to boost compliance and locate and support travelers.
- TripLink Connected Suppliers: Set up direct connections with suppliers. Integrate with Locale to ensure proper communication with the travelers.
- Invoice: Get real-time visibility into financial components, boost cash flow, ensure compliance and minimize security risks.
- Other Products: Provide end-to-end, automated data synchronization with the vendor’s suite of products granting visibility into the employee spend and ensuring effortless and accurate management of expenses.
- Free Trial: Get the free trial for a demonstration of spend management solutions, travel management. Use the sample information provided or snap a receipt from a phone or computer to see the program in action.
- Multiple Scanning Options: Upload receipts to the expense report through using various methods. Scan it in the app, uploading a picture via the web or the receipt through email.
- Automated Data Synchronization: Seamlessly integrates with platforms like Shopify, Stripe, and PayPal to automatically sync transaction data into your accounting software.
- Multi-Currency Support: Handles transactions in various currencies, automatically converting them to your home currency using up-to-date exchange rates.
- Detailed Transaction Categorization: Offers advanced rules to categorize transactions accurately, ensuring your financial records are organized and precise.
- Comprehensive Reporting: Generates detailed financial reports, including profit and loss statements, to provide insights into your business's financial health.
- Sales Tax Management: Automatically calculates and records sales tax for each transaction, simplifying tax compliance and reporting.
- Customizable Invoicing: Allows you to create and send professional invoices tailored to your brand, with options for recurring billing.
- Real-Time Inventory Tracking: Monitors inventory levels across multiple sales channels, helping you manage stock efficiently and avoid overselling.
- Secure Data Handling: Employs robust security measures, including encryption and secure data storage, to protect sensitive financial information.
- Bank Reconciliation: Facilitates easy reconciliation of bank statements with accounting records, reducing errors and ensuring accuracy.
- Flexible Payment Options: Supports various payment methods, including credit cards and ACH transfers, to accommodate customer preferences.
- Advanced User Permissions: Provides customizable access controls, allowing you to assign specific roles and permissions to team members.
- Comprehensive Audit Trail: Maintains a detailed log of all transactions and changes, ensuring transparency and accountability in financial management.
- Seamless Integration with Accounting Software: Works smoothly with popular accounting platforms like QuickBooks and Xero, enhancing your existing financial workflows.
- Custom Rule Creation: Enables you to set up personalized rules for transaction categorization and processing, tailoring the system to your business needs.
- 24/7 Customer Support: Offers round-the-clock assistance through various channels, ensuring you receive help whenever needed.
Product Ranking
#6
among all
Accounting Software
#59
among all
Accounting Software
User Sentiment Summary
10098 reviews
240 reviews
Concur has a 'great' User Satisfaction Rating of 81% when considering 10098 user reviews from 5 recognized software review sites.
Synder has a 'excellent' User Satisfaction Rating of 96% when considering 240 user reviews from 1 recognized software review sites.
Awards
Synder stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Overall, Concur has garnered a reputation as a comprehensive and reliable solution for managing expenses, travel, and invoices. Users frequently praise its ability to streamline expense reporting, automate tasks, and provide real-time visibility into spending. The mobile app receives kudos for its user-friendly interface and offline functionality, making it easy for employees to capture receipts and submit expenses on the go. Concur's integration with travel booking platforms and credit cards is a major plus, simplifying the process of reconciling expenses and ensuring accuracy. However, some users find the initial setup and configuration to be complex, requiring significant time and effort. Additionally, the system's flexibility can be a double-edged sword, as extensive customization options may overwhelm some users. Concur's pricing structure, often based on the number of users and transactions, can be a concern for smaller businesses. Despite these drawbacks, Concur's strengths in automation, integration, and mobile accessibility make it a top choice for mid-sized to large organizations with complex expense management needs and a desire to enhance efficiency and control over spending.
Is Synder accounting software really all it's cracked up to be? User reviews from the past year suggest that Synder excels at simplifying complex accounting tasks, particularly for businesses with a high volume of online transactions. Users rave about its ability to automate transaction data import from popular platforms like Stripe, Square, and PayPal, eliminating the need for manual entry and reducing the risk of errors. This feature is particularly valuable for businesses that process a large number of transactions, as it saves significant time and effort. However, some users have reported occasional glitches and display issues when using certain browsers. While Synder integrates seamlessly with accounting software like QuickBooks and Xero, some users have expressed a desire for broader native integration with other business tools. Despite these minor drawbacks, Synder is highly regarded for its intuitive interface, robust features, and responsive customer support. Synder is best suited for businesses heavily reliant on e-commerce and online payment platforms. Its automation capabilities, accurate reconciliation features, and support for multiple payment gateways make it an invaluable tool for streamlining financial operations and ensuring accurate bookkeeping. Synder is a game-changer for businesses looking to simplify their accounting processes and gain better control over their financial data.
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