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Reimbi

by Reimbi - Reimbi · Since 2017
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ActiveAvailable globally
Quick facts
VendorReimbi - Reimbi
Year launched2017
StatusActive
LocationPortland, Oregon 97211, US
Countries servedGlobal
Languages1
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About Reimbi

Reimbi is a financial management software from Reimbi that provides expense management solutions. It includes features like automated receipt tracking, real-time reporting, and integration with accounting systems so users can efficiently manage their financial activities. This software helps organizations simplify their reimbursement processes, ensuring accuracy and compliance. Reimbi also offers tools for setting spending limits and categorizing expenses, making it easier for businesses to monitor their budgets. Key capabilities: automated receipt tracking real-time reporting integration with accounting systems expense categorization spending limit settings Best for: finance teams that need to manage employee reimbursements effectively.

Reimbi is a highly focused and efficient cloud-based platform for managing expense reimbursements for non-employees, such as candidates and interns. Its strengths lie in its speed, with same-day payouts and flexible payment options, and its automation capabilities, including integrations with popular ATS and ERP systems. The platform's user-friendly interface and transparent pricing model (for most plans) make it a strong solution for companies seeking to streamline this specific and often inefficient process. While its niche focus limits broader ERP applicability and the month-to-month plan has high fees, Reimbi offers significant value in enhancing the reimbursement experience and reducing administrative burden.

Pros & Cons

Pros
  • Streamlines the expense reporting process for easier and quicker submission
  • Integrates with financial systems for seamless data transfer and accuracy
  • Provides real-time tracking of expenses for better budget management
  • Offers customizable rules and approval workflows to improve compliance and reduce errors
  • Generates detailed reports with analytics and insights for better decision-making.
Cons
  • Primarily designed for candidate and non-employee reimbursements, limiting its scope compared to full-featured employee expense management platforms.
  • While offering key integrations, more complex integrations are available on higher-tier plans.
  • The month-to-month "On Demand" plan comes with an 8% transaction fee, which could be costly for frequent use.
  • Some plans limit currency support to USD only.

Features

Key features

Simplified Expense Reporting

Offers a streamlined process for candidates and non-employees to submit expenses on desktop or mobile.

Fast Payouts

Provides same-day payouts for approved reimbursements, with notifications to keep payees informed.

Flexible Payout Options

Supports various payout methods, including Venmo, PayPal, direct deposit, and Amazon Credit, allowing payees to choose their preference.

ATS and ERP Integrations

Integrates with Applicant Tracking Systems (ATS) like Greenhouse and Lever, and ERPs like Workday, to automate data syncing and streamline workflows.

Unlimited Requesters/Payees

Includes unlimited requesters in its subscription plans, making it easy to manage a high volume of non-employee reimbursements.

Reporting

Provides built-in reporting to allocate expenses to the correct department or cost center.

Additional features

Candidate Reimbursements

Simplifies expense reporting and quick payouts for job candidates.

Termed Employee Reimbursements

Manages expense reports and payouts for former employees.

Remote Employee Expenses

Handles recurring monthly expenses for remote employees with auto-generated reports.

Intern Payouts

Provides the right payout methods and experience for interns.

Real-time Notifications

Informs payees about the status of their approval and payment.

Customizable Branding

Allows companies to add branding to the expense reporting interface.

Unlimited Data History

Provides unlimited data history on most plans for reporting and auditing.

SSO Integration

Supports Single Sign-On (SSO) with providers like Okta, Ping Identity, and Microsoft Entra for enterprise customers.

Global Support

Offers multi-currency support on Plus and Enterprise plans for international reimbursements.

Automated Workflows

The system routes requests and automates reminders to approvers.

Secure Payment Processing

Reimbi handles payouts directly, ensuring security and simplicity.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

On Demand
USD 79/mo
billed monthly

Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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