Finly

Time & Expense Tracking

Finly's Time & Expense Tracking feature allows employees to easily log their work-related time and expenses directly into the system. It streamlines the recording of billable hours, project expenses, and other reimbursable costs, significantly reducing manual data entry errors and administrative overhead. Managers can review and monitor these entries in real-time, ensuring accurate billing and optimal resource allocation.

Mileage Tracking

The Mileage Tracking feature simplifies the process of recording travel distances for business trips. Employees can effortlessly log mileage details, either manually or via GPS-enabled tracking, providing precise documentation of travel expenses. This ensures accurate reimbursements for mileage costs, reduces fraudulent claims, and helps finance teams maintain compliance with company policies and tax regulations.

Third-party Integration

Finly seamlessly integrates with your existing financial software and enterprise systems through its robust Third-party Integration capability. This feature automates data synchronization between Finly and external platforms such as accounting software, ERP systems, or payroll solutions. By eliminating manual data transfer processes, it reduces human error, saves valuable time, and ensures data consistency across all financial management tools.

Expense Approval

The Expense Approval feature streamlines expense review processes by enabling managers to quickly view, evaluate, and approve or reject employee-submitted expenses within a single intuitive interface. Automated notifications alert approvers of pending items needing their attention. This accelerates approval cycles, prevents delays in reimbursement payments, and ensures adherence to company expense policies.

Reimbursement Management

Finly's Reimbursement Management feature provides administrators with an efficient way to manage employee reimbursements from submission to final payout. The feature clearly tracks reimbursement requests, approvals, statuses, and payment schedules in one centralized location. By automating reimbursements, it eliminates manual paperwork, expedites repayment processes, and increases transparency for both finance teams and employees.

Spend Control

The Spend Control feature empowers organizations to proactively manage budgets and control company expenses by setting customizable spending limits and rules within Finly. Managers receive automatic alerts when spending thresholds are approaching or exceeded. This real-time visibility helps organizations reduce overspending risks, maintain financial discipline, and achieve greater cost control.

Multiple Reporting Currency

With Multiple Reporting Currency support, Finly allows companies operating internationally to track expenses accurately in different currencies simultaneously. Expenses incurred in various currencies are automatically converted using up-to-date exchange rates for reporting purposes. This simplifies global expense management tasks significantly and provides executives with a clear view of international spending without complex manual conversions.

Receipt Management

Finly's Receipt Management feature enables users to conveniently capture, store, and organize expense receipts digitally within the platform. Employees can upload receipts directly through their mobile devices or web browser, eliminating lost or damaged paper receipts. This digital management approach ensures audit readiness, improves record-keeping accuracy, and streamlines internal accounting processes.

Receipt Scanner

The Receipt Scanner functionality uses advanced Optical Character Recognition (OCR) technology to automatically extract key information from uploaded receipt images such as date, amount spent, vendor name, and category details. By reducing manual data entry efforts significantly, this feature minimizes errors in expense reporting while speeding up the approval process for faster reimbursements.

Bank Feed Sync

Bank Feed Sync securely connects Finly directly with your organization's banking institutions to automatically import transaction details into the system daily or periodically as required. This automatic synchronization dramatically reduces manual reconciliation tasks performed by finance teams while ensuring accuracy in expense tracking data and enhancing visibility into real-time cash flow status.

Reconciliation Summary

Finly’s Reconciliation Summary provides a clear overview of transactions that have been matched against bank statements or credit card accounts within the system. Administrators can quickly identify discrepancies between submitted expenses and actual bank transactions—speeding up reconciliation efforts significantly while highlighting potential issues requiring further investigation or correction promptly.

Multi-level Approval

The Multi-level Approval feature supports customized hierarchical approval workflows tailored specifically to your organization's internal processes. Expenses submitted by employees automatically route through appropriate approvers based on set rules (such as amounts or categories). This ensures compliance with internal controls while efficiently handling complex approval structures involving multiple stakeholders across organizational levels.

Card Spending Tracker

Finly’s Card Spending Tracker monitors all corporate