As of August 2026, Latka tracks 25 expense management software companies with $10M–$100M in annual revenue. They have combined revenues of $915.2M and employ 7.2K people. They have raised $1.4B and serve 1.8M 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.
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.
Sorting: Highest -> Lowest
Showing 10 of 25 companies ranked by annual revenue.
Burlingame, California, United States
Airbase is a software development company that provides spend management software for bill payments, reporting, corporate cards, and AP automation. Their software combines accounts payable automation, expense management, and corporate cards. They lead the spend management category with its support for the complex workflows, payments, and accounting of all non-payroll spend.
San Jose, California, United States
AppZen is a software company that provides an AI-powered platform for finance teams. The platform uses artificial intelligence and machine learning algorithms to analyze financial data and automate a range of finance-related processes, including expense management, invoice processing, and auditing. AppZen's solutions are designed to help businesses reduce financial risk, increase compliance, and streamline their finance operations. The platform provides real-time insights into financial data, enabling finance teams to make data-driven decisions and optimize their financial strategies. The company was founded in 2012 and is headquartered in San Jose, California, with additional offices in India and Canada.
London, England, United Kingdom
Payhawk is an innovative financial platform that integrates credit cards, payments, expenses, cash management, and pre-accounting into a single, streamlined experience. By consolidating these key financial functions, Payhawk offers businesses enhanced control and transparency over their spending activities, positioning itself as a leading solution for managing company finances.
Blumenau, Santa Catarina, Brazil
Paytrack develops software that automates the process of travel and expenses management including the entire flow of advances, accountability, and reimbursements, ensuring compliance with all company policies and rules. It is designed for corporate financial and mobility management.
Paris, France
Pennylane is building the financial OS (Operating System) for European SMEs. A single source of truth for financial and accounting data, used on one side by entrepreneurs to run their business (invoicing and getting paid, paying suppliers and expense management, piloting cash and profitability) and on the other side by their accountant for bookkeeping and tax filings.
Tokyo, Tokyo, Japan
Developer of a cloud accounting software designed to enhance the efficiency of accounting. The company's software simplifies, corresponds to book creation, issuance of invoices, helps in posting financial statement, clearing and expense adjustment, enabling clients to grasp real-time figures.
Blumenau, Santa Catarina, Brazil
Paytrack is a corporate travel, expenses and payment solution that connects high-end technology with specialized support. Our solution enables all your travel and expenses processes to be safe and simple: from booking through payment reconciliation. A complete, automated and agile solution to your company. Paytrack allows thousands of companies and professionals to focus on their goals without worrying about manual and repetitive activities. Save time and money with an all-in-one platform. On a single platform, we blend resources and modules that were previously only available if multiple solutions were combined: • OBT (Online Booking Tool); • Travel Management Company (TMC); • Direct connection with travel providers; • Prepaid Corporate Card; • Traditional Corporate Card; • Payment solutions; • Expense and reimbursement management system (Expense Report); • KM Management by GPS.
New York, New York, United States
Coast is a financial services platform that provides fleet fuel cards and expense management solutions for various industries.
Latka tracks 25 expense management software companies with $10M–$100M in annual revenue. Together they generate $915.2M in annual revenue and employ 7.2K people.
Airbase is the largest, with $96.6M in annual revenue, founded in 2017.
The average expense management software company in this list makes $36.6M a year, across 25 companies with reported revenue. They serve 1.8M customers combined.
Ranked by annual revenue, the leaders are Airbase, Appzen, Payhawk, Volopay and Paytrack.
The 25 expense management software companies with $10M–$100M in annual revenue tracked here have raised $1.4B in disclosed funding between them.
- 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
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