Spendesk, a leading platform in the spend management industry, enables seamless corporate purchasing by providing employees easily accessible and regulated funds. It offers an efficient spend request and approval process, automated administrative tasks, and even integrates with various accounting platforms. As the industry grows and evolves, different platforms surface with a similar goal: to streamline the spending process, decrease manual administrative work, and promote fiscal transparency within corporations. Companies like DiviPay, Weel, and Yordex are among those providing competitive solutions in this space. The spend management industry is continuously witnessing innovative advances to meet demand for intuitive, secure, and smart spend management solutions.


Top 21 Spendesk competitors

1. DiviPay

  • Website: divipay.com
  • Headquarters: Surry Hills, New South Wales, Australia
  • Founded: 2016
  • Headcount: 11-50
  • LinkedIn

DiviPay is a financial technology company that offers virtual corporate cards and expense management services. They provide a streamlined process for issuing corporate cards, reducing the need for staff reimbursements and eliminating credit card sharing. With DiviPay, businesses can easily track and control company spending, automate expense management, and integrate with accounting systems.


2. Weel (Previously DiviPay)

  • Website: letsweel.com
  • Headquarters: Sydney, New South Wales, Australia
  • Founded: 2016
  • Headcount: 51-200
  • Latest funding type: Series A
  • LinkedIn

Weel.com is a spend management platform that offers tools, insights, and controls to simplify spending for businesses. With virtual cards and features like auto-approvals, batch payments, and expense management, Weel helps businesses streamline bill payments, manage subscriptions, and control expenses.


3. Yordex

  • Website: yordex.com
  • Headquarters: Waterloo, England, United Kingdom
  • Founded: 2017
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Yordex is a company that offers expense management and accounting solutions. They provide customisation options, allowing users to manage expenses, invoices, and purchases efficiently. The platform supports integration with Xero and Sage 50c to export transactions seamlessly. Yordex also offers virtual and physical cards for easy expense tracking and budget management. With their user-friendly mobile app, users can perform various tasks like submitting expenses, approving invoices, and managing accounts on-the-go.


4. Finly

  • Website: finlyhq.com
  • Headquarters: Wilmington, Delaware, India
  • Founded: 2015
  • Headcount: 51-200
  • LinkedIn

Finly is a financial operations automation company that offers a product suite to automate and streamline finance operations. Their platform, Finly 360, is open, flexible, and powerful enough to simplify finance operations.


5. Volopay

  • Website: volopay.com
  • Headquarters: Singapore, Central Region, Singapore
  • Founded: 2020
  • Headcount: 51-200
  • LinkedIn

Volopay is a purpose-built spend management platform that offers integrated financial tools for businesses. It combines software subscriptions, petty cash, business travel, online advertising, employee reimbursements, and vendor payouts into one state-of-the-art financial platform.


6. Q-Card

  • Website: qcardapp.com
  • Headquarters: Rotterdam, South Holland, Netherlands
  • Founded: 2022
  • Headcount: 11-50
  • LinkedIn

Q-Card provides businesses with a smarter payment solution by offering virtual one-time credit cards for employees to make online purchases. The app automates accounting and provides clear insight into payment status, streamlining the payment process and reducing transaction costs.


7. Modularity

  • Website: modularity.ai
  • Headquarters: San Francisco, California, United States
  • Founded: 2020
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Modularity is a collaborative finance platform providing spending and budgeting management solutions. It empowers managers and budget-line decision makers with real-time insights and tracking to proactively manage expenses and keep up-to-date financial records.


8. Budgetly

Budgetly is an expense management and corporate travel software that aims to automate and streamline expense and travel spend for small-to-medium businesses. With innovative features like budgeting, spend tracking, expense accounting integration, and employee cards, Budgetly helps businesses improve productivity and take control of their financial operations.


9. Accrualify India Private Limited

  • Website: accrualify.com
  • Headquarters: Nagpur, Maharastra, India
  • Founded: 2018
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

Accrualify is a comprehensive spend management system that offers a cloud-based platform for domestic and international payments, purchase order management, invoice automation, expense reimbursements, and corporate cards.


10. Reprise Financial

Reprise Financial offers a fast and easy way to take control of your finances. With personal loans ranging from $2,500 to $25,000, they provide funding for unexpected emergencies, special occasions, home improvements, and more. Their fixed rates and clear terms make borrowing simple and reliable. Customers can consolidate debt with one easy monthly payment and gain access to financial tips and credit education to improve their financial health along the way.


11. Finly

  • Website: finly.io
  • Headquarters: Bangalore, Karnataka, India
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Seed
  • LinkedIn

Finly.io offers a comprehensive suite of products to automate and streamline finance operations for enterprises. Their platform is open, flexible, and powerful, providing solutions for expense management, vendor payments, e-procurement, budget control, and more.


12. Spendflo

  • Website: spendflo.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2020
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Spendflo is a company that offers innovative financial management solutions to businesses. Their platform helps businesses streamline and automate their expense management processes, enabling them to gain better control over their finances and make informed decisions.


13. Allied Financial Corporation

Allied Financial Corporation is a financial services company that provides accounts receivable financing and working capital lines of credit to small-to-medium sized B2B businesses. They offer flexible financing solutions to help companies facing financial difficulties with fast turnaround times and express funding approval. Their services include specific invoice programs and borrowing base financing. Allied Financial Corp focuses on providing personalized and prompt responses to each credit request and often helps clients even when traditional banks have turned them away.


14. Pacifictech

Pacifictech is a leading provider of purchasing, workflow, and compliance solutions. With over twenty years of experience, they offer innovative and powerful web-based and mobile solutions. They specialize in AP automation, E-Invoicing, and Pacifictech Expense management. Their offerings cater to a wide range of needs, ensuring accessibility and productivity for their clients.


15. Eyvo eProcurement Solutions

Eyvo is a procurement software company that offers a range of modules and services to streamline purchasing activities. With integrations with ERP systems like SAP and Oracle, Eyvo's software allows for efficient purchase order and requisition management, goods receiving, inventory and asset management, contract management, and more. They cater to various industries including biotech, education, energy, financial services, healthcare, hospitality, legal services, logistics, manufacturing, non-profit, public sector, and technology.


16. auxmoney

  • Website: auxmoney.com
  • Headquarters: Düsseldorf, Nordrhein-Westfalen, Germany
  • Founded: 2007
  • Headcount: 201-500
  • Latest funding type: Debt Financing
  • LinkedIn

auxmoney.com is a lending platform that offers loans to individuals, even those with unfavorable credit history, and connects them with investors looking to invest in loans. They provide personalized solutions and support in challenging financial situations, and offer various types of loans such as personal loans, debt consolidation loans, and instant loans. With a user-friendly online platform, auxmoney makes the loan application and approval process fast, easy, and convenient.


17. ProcurementExpress.com - PO App

ProcurementExpress.com is a leading purchasing software provider that helps businesses streamline their procurement process. With a single cloud-based app, they bring together the entire purchasing process, from purchase requests and approvals to budget tracking and reporting. Their platform offers features such as customizable fields, multi-currency support, offline mode, and integrations with popular apps. They cater to various industries including education, government, hospitality, and non-profit organizations. ProcurementExpress.com aims to simplify purchasing operations and improve control over spend for finance teams.


18. Ferratum Bank Sverige

Ferratum is a financial technology company offering flexible credit options up to 50.000 kr. They provide a digital platform for easy and quick loan applications, catering to individuals in need of immediate funds. With a simple online process and verification via BankID, approved applicants receive funds within one banking day.


19. Paramount WorkPlace

Paramount WorkPlace provides advanced web-based & mobile Requisition, Procurement, and Expense solutions for mid-market & enterprise organizations with industry-leading AP automation capabilities.


20. Prepaid Technologies

  • Website: in-prepaid.com
  • Headquarters: Birmingham, Alabama, United States
  • Founded: 1998
  • Headcount: 51-200
  • Latest funding type: Private Equity
  • LinkedIn

In-Prepaid.com is a digital payment solutions company that provides value-added services to customers, employees, and partners. They offer a cost-effective platform with a robust suite of products for streamlining payment processes. The company recently rebranded as Dash Solutions, combining their expertise with WorkStride to deliver rewards and incentive programs.


21. Fraxion

  • Website: fraxion.biz
  • Headquarters: Seattle, Washington, United States
  • Founded: 1997
  • Headcount: 51-200
  • Latest funding type: Undisclosed
  • LinkedIn

Fraxion is a cloud-based procurement software company that offers purchase requisitioning, expense and approval management, and advanced spend analytics. Their solutions automate procurement processes, streamline the procure-to-pay cycle, and provide complete visibility, budget insight, and policy compliance.


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