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Top 43 Expense Management Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 43 expense management software companies with $1M–$5M in annual revenue. They have combined revenues of $101.7M and employ 904 people. They have raised $11.7M and serve 48K customers combined.

Every company below sells expense management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Expense Management Software Companies do

Expense Management Software is designed to help organizations track, analyze, and manage employee expenses efficiently. By automating expense reporting and reimbursement processes, it reduces the administrative burden associated with managing financial transactions. Typical features include receipt capture, policy enforcement, approval workflows, and analytics capabilities to provide insights into spending patterns. The primary use cases for expense management software encompass tracking travel expenses, employee reimbursements, and budget compliance. Organizations often utilize such software to ensure that spending aligns with corporate policies, thereby enhancing financial accountability and transparency. Common buyer personas include finance teams, HR professionals, and operations managers who are tasked with managing budgets and ensuring compliance with company policies.

Companies
43
Revenue
$101.7M
Funding
$11.7M
Employees
904

Filters

Sorting: Highest -> Lowest

Filters

Top Expense Management Software Companies With $1M–$5M Revenue

Showing 10 of 43 companies ranked by annual revenue.

1Zahara logo
Zahara

Bath, England, United Kingdom

We help your teams see and control what they spend, we do this by creating intuitive and easy to use software. Systems that are easy to use are fast to deploy, Zahara is no different, bringing positive impact quickly. Manage your workload in less time, with more accuracy and with greater compliance. OCR invoice scanning, modern UI design and advanced approval tools all help to support a level of automation that suits your specific spending cultures. With complete visibility of spend and expected costs, you can spend less time on mundane tasks and focus on more value add activities.

Revenue
$5M
Year founded
2018
Team size
45
2payfy logo
payfy

Florianópolis, Santa Catarina, Brazil

Faça coisas mais importantes. Deixe as despesas, conciliações e reembolsos para a payfy, a solução de gastos empresariais nº 1 da LATAM. Investida do Banco do Brasil! 🇧🇷 Quer entrar em contato? → mande um DM → envie para [email protected]

Revenue
$4.8M
Year founded
2019
Team size
44
3Boya logo
Boya

Nairobi, Kenya

Corporate Expense cards and Spend management for businesses in Africa

Revenue
$4.8M
Year founded
2021
Team size
32
4EmployWise logo
EmployWise

Gurugram, Haryana, India

EmployWise is a cloud based hire-to retire HRIS with modules that cover the entire employee lifecycle, including processing payroll and managing travel & expense claims. With over 130,000 active users on the EmployWise platform, we have helped over 180+ clients solve their HR automation challenges. Along with the most configurable product, we also bring a wealth of experience in designing and implementing HR systems. With EmployWise, you are in safe hands!

Revenue
$4.5M
Year founded
1999
Team size
41
5Voly logo
Voly

Cheshire, United Kingdom

Yacht & Multi-Asset Financial Management Solution Voly is an accounting solution which has been developed and built by yachting professionals with the management of yachts at its core. With an integrated pre-paid Mastercard and FX payment platform, Voly is transforming the way day-to-day yacht expenditure is recorded and managed with intuitive technology, which offers real-time visibility on all aspects of a yacht’s financial position. This secure, cloud-based system is the leading accounts software in the yachting industry, streamlining the operations of yachting globally.

Revenue
$4M
Year founded
2016
Team size
36
6DealerOps logo
DealerOps

Roswell, Georgia, United States

We provide industry-leading management tools and offer the most precise web-based Dealership and Enterprise management reporting solution on the market. Our innovative reporting software provides complex analytics in seconds, allowing your team to get busier, faster. From forecasting to expense management to custom report building, get your time back with DealerOps.

Revenue
$3.9M
Year founded
2005
Team size
35
7Flex Finance logo
Flex Finance

United States

We help free business owners and finance teams in Africa from the stress of spend management. We make this aspect of business delightfully simple and save businesses lots of money and time, helping them grow and succeed. With Flex, you enjoy digital requisitions, bulk payment transfers, smart budgeting, and expense tracking possible and seamless for businesses in Africa, and every day we keep innovating with new and exciting services. So join thousands of businesses and Finance Teams already using Flex finance today.

Revenue
$3.9M
Year founded
2019
Team size
35
8ExpensePoint logo
ExpensePoint

Winnipeg, Manitoba, Canada

Trusted by over 70,000 users across 106 countries, ExpensePoint delivers comprehensive expense management for midsize to enterprise organizations. Our intuitive application eliminates reporting frustrations through powerful automation features: advanced mobile receipt capture, GPS mileage tracking, exceptional receipt-to-data conversion and customizable approval workflows. Supporting 14 languages with robust currency and tax management capabilities, ExpensePoint seamlessly connects with all major accounting systems through flexible integration options.

Revenue
$3.4M
Year founded
2000
Team size
31
9Abacus.co logo
Abacus.co

Melbourne, VIC, Australia

Abacus is the simply smarter business solution for all your small business point of sale (POS) software needs. The cloud based POS system which enables you to get up to date information anywhere, anytime even without internet access, means you can work more efficiently and conveniently on the go. And you will never have to worry about backing up your data any more. From rostering to stock management, running a loyalty programme and monitoring sales through comprehensive reports, Abacus'​ fully integrated software allows you to better manage your business with full visibility from a laptop or a smart device (iPad, touchpad, tablet, mobile). Our system integrates easily whether yours is an online or an on-site store. Abacus understands that different businesses have different modules needs hence we can customise what you need. Whether you're a restaurant, a cafe or a retail business, we have modules suited to your needs.

Revenue
$3.3M
Year founded
2015
Team size
30
10Expend logo
Expend

London, England, United Kingdom

Provider of an expense management software and payment cards intended to improve business expenses process. The company offers mileage tracking, accounting integration, cash management, real-time tracking and instant reports as well as offers smart payment cards, enabling businesses to manage their expenses with reduced complexity.

Revenue
$3.1M
Year founded
2013
Funding
$4M
Team size
23

Frequently asked questions about Expense Management Software Companies With $1M–$5M Revenue

How many expense management software companies with $1M–$5M in annual revenue are there?

Latka tracks 43 expense management software companies with $1M–$5M in annual revenue. Together they generate $101.7M in annual revenue and employ 904 people.

Which expense management software company with $1M–$5M in annual revenue is the largest?

Zahara is the largest, with $5M in annual revenue, founded in 2018.

How much revenue does a typical expense management software company with $1M–$5M in annual revenue make?

The average expense management software company in this list makes $2.4M a year, across 43 companies with reported revenue. They serve 48K customers combined.

Who are the leading Expense Management software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Zahara, payfy, Boya, EmployWise and Voly.

How much funding have expense management software companies with $1M–$5M in annual revenue raised?

The 43 expense management software companies with $1M–$5M in annual revenue tracked here have raised $11.7M in disclosed funding between them.

Related ERP Software categories

Inclusion Criteria

- Must automate the submission and approval of expense reports - Must provide features for receipt capture and storage - Must include analytics for tracking spending patterns - Must enforce company policies regarding spending and reimbursements - Must streamline the reimbursement process to minimize delays - Not just track expenses; must also provide insights and analytics to optimize spending