What Fyle does

Fyle, operating since the July 2025 acquisition as Sage Expense Management, is a Delaware-incorporated AI-powered expense management software company now owned by UK-listed Sage Group plc. The platform automates receipt capture, expense coding, credit-card reconciliation, multi-level approvals, ACH reimbursements, budgeting, and compliance reporting for SMB and mid-market finance teams. Its core technical differentiator is an SMS-first, no-app-required conversational AI workflow — employees receive instant text alerts when a Visa, Mastercard, or American Express card is swiped and reply with a receipt photo; the platform's computer-vision OCR and NLP pipeline extracts merchant, date, amount, and category, auto-codes the expense, and matches it to the card transaction in under two minutes. The system also includes a generative-AI Copilot for spend analytics, anomaly detection for duplicate and fraud screening, real-time budget threshold alerts, and direct two-way integrations with Sage Intacct, Sage 300 CRE, Sage 50, QuickBooks Online, QuickBooks Desktop, NetSuite, and Xero.

The business runs on a sales-led SaaS subscription priced per "active user" — only users who create an expense or have a card transaction in a given month are billed — with monthly or annual billing, no lock-in contracts, and additional revenue from embedded/white-label deployments and accounting-firm partner economics. Go-to-market combines direct sales with demo CTAs, formal VAR and accounting-firm partner programs, a referral channel, and a self-serve under-15-minute setup for accounting integrations. The platform is SOC 2 Type II, PCI DSS, and GDPR compliant, serves 2,500+ customers across Construction, Non-profits, Healthcare, Professional Services, Education, Media, Fintech, and Religious Institutions, and holds a 4.6/5 G2 rating with 1,775+ reviews. ACH reimbursement functionality is restricted to US bank accounts, with EU coverage constrained by data-residence commitments under GDPR.

Name

Fyle

Legal name

Fyle™ Inc.

Website

https://fylehq.com

Company type

Private

Founded year

2016

Operating status

Acquired

Headcount range

101–250 employees

Short description

Fyle, now Sage Expense Management, is an AI-powered real-time expense management platform that automates receipt capture, card reconciliation, approvals, and ERP sync for SMB and mid-market finance teams via SMS-first conversational AI.

Ownership category

akta.pro rank

Product category

Expense Management Software

NAICS

Credit Card Issuing (522210), Activities Related to Credit Intermediation (5223), Credit Bureaus (561450)

akta.pro primary industry

Corporate Cards & Spend Controls (FSAGAJAF)

akta.pro secondary industry

Expense Management & Employee Reimbursements (FSAGAJAE)

Keywords

• Expense management software
• Corporate card reconciliation
• Receipt OCR automation
• Accounts payable integration
• Employee reimbursement

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription (Active User Pricing): Recurring subscription priced per "active user" — only charges for users who create at least one expense in a month OR have a corporate card connected with a transaction in that month. Admins and approvers are not charged. Monthly or annual subscriptions with no lock-in contracts.
2. Usage-based pricing on active users: Variable cost component linked to number of active users; customers can onboard all employees but only pay for users actively creating expenses, creating a usage-based dynamic.
3. Embedded/White-label Expense Management: Offers white-labelled expense management to other platforms and software companies via embedded.fylehq.com for partner-branded deployment.
4. Accounting Firm Partner Program: Revenue share / partner economics with accounting firms that resell or deploy Fyle for their clients, with partner dashboard and cloned configurations.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

Fyle (now Sage Expense Management) is an AI-powered expense management platform that automates receipt capture, expense coding, real-time corporate credit card reconciliation, multi-level approvals, ACH-based employee reimbursements, budgeting, and two-way synchronization with accounting systems such as Sage Intacct, Sage 300 CRE, Sage 50, QuickBooks, NetSuite, and Xero. It is sold primarily to SMB and mid-market finance teams on an "active user" subscription basis and is also offered as a white-label/embedded product to other software platforms.

Product overview

Sage Expense Management (formerly Fyle) is a single unified AI-powered expense management platform with a modular product surface organized around four pillars — Expense Automation (Text-to-Expense, Receipt Tracking, Expense Tracking), Expense Workflows (Reimbursements via Express ACH, Expense Approvals), Spend Insights (Budgets, Reporting & Compliance, Copilot AI), and Card Reconciliation (real-time feeds for Visa, Mastercard, American Express, including Amex Virtual Cards). The platform is supported by a Mobile App and a deep Accounting Integrations suite providing 2-way native sync with Sage Intacct, Sage 300 CRE, Sage 50, QuickBooks Online, QuickBooks Desktop, NetSuite, and Xero. Following Sage's 2025 acquisition of Fyle, the offering is marketed under the "Sage Expense Management" brand as part of Sage's finance-ERP portfolio, and is also offered white-labelled via the Embedded Expense Management product at embedded.fylehq.com. The platform is positioned for SMB and mid-market finance teams, with an "active user" pricing model and an SMS-first, no-app-required UX powered by conversational AI and computer-vision OCR.

Differentiator

Problem solved

Functional benefit

Products and services

• Sage Expense Management (formerly Fyle) AI-powered real-time expense management platform that automates receipt capture, expense coding, credit card reconciliation, multi-level approvals, ACH reimbursements, budgeting, compliance reporting, and two-way ERP sync. Marketed for mid-market and SMB finance teams with an "active user" pricing model and no lock-in contracts.
• Text-to-Expense (Conversational AI for Expenses) SMS-based receipt submission and conversational expense capture module. Employees text receipts and expense details (Project, Cost Center, Category, Memo) and the AI auto-creates, codes, categorizes, and submits the expense without requiring a separate app.
• Receipt Tracking Multi-channel receipt capture from SMS, mobile app (with bulk scan up to 20 receipts), Gmail/Outlook/Slack plugins, email forwarding to [email protected], and uploads from phone gallery, Dropbox, or Google Drive, with AI-powered OCR data extraction, coding, and matching to card transactions.
• Expense Tracking Automated expense capture, coding, and tracking covering reimbursable expenses, card expenses, mileages (Google Maps powered), per diems, advances, split expenses, duplicate and fraud checks, real-time violation checks, automatic report submission, account delegation (up to 5 delegates), currency conversions, billable expenses, and exportable reports (CSV/PDF/Excel).
• Card Reconciliation Real-time credit card reconciliation across multi-card programs (Visa, Mastercard, American Express, Diners Club) with real-time card feeds, direct bank feeds, statement upload, text-based receipt collection, automated receipt-to-transaction matching, card spend visibility, reconciliation reminders, personal card support, and merchant category code-based auto-fill.
• Visa Business Card Integration Direct integration with any Visa business credit card from any US bank, providing real-time transaction feeds, instant SMS/Slack notifications, automated receipt matching via text replies, AI-powered coding, and policy enforcement on existing cards with no card switching required.
• Mastercard Integration Direct integration with any Mastercard credit card from any bank providing real-time spend feeds, instant text/Slack notifications, automated receipt matching in under 2 minutes, and AI-based expense categorization and compliance.
• American Express Expense Management Direct Amex integration for physical and virtual card spend. Standard physical card transactions sync within 24 hours, and American Express Card Members can issue unlimited on-demand Virtual Cards linked to existing Amex business/corporate credit lines, with spending limits, expiration dates, and project-specific card support.
• American Express Virtual Cards On-demand American Express Virtual Cards issued through Sage Expense Management for Corporate, Business, or Corporate Purchasing Card Members, enabling project-specific cards (marketing, technology, advertising, subscriptions), one-time or recurring purchases, and earned Amex card rewards on each virtual Card purchase.
• Expense Approvals Multi-level, project-based, and department-led approval workflows with dynamic approver assignment, multi-org approvals, automatic policy-violation routing, scheduled automated reminders, account delegation (up to 5 delegates), email/mobile/Slack approvals, HRMS integrations, real-time approval status visibility, and Copilot-driven turnaround-time analytics.
• Reimbursements (Express ACH) US-only employee reimbursement via Standard ACH and Express ACH. Approved reports under $1,000 submitted before 4:00 PM CT are paid next business day; reports processed after 4:00 PM CT within 2 business days. Includes bulk payments, micro-deposit verification, real-time transaction status, bank-friendly CSV exports, and auto-sync with accounting software.
• Budgets Real-time budgeting by department, project, category, cost center, or combination; flexible reset frequency (monthly/quarterly/yearly/one-time); visibility controls for admins/employees/specific members; utilization threshold alerts; unified budget dashboard; and historical usage analytics for forecasting.
• Reporting & Compliance Real-time spend visibility, manager-view dashboards, business-rule configuration, policy compliance checks, fraud/duplicate detection, audit-ready logs, auditor role, granular tax group/mileage/per-diem/exchange-rate configuration, and Copilot-driven AI insights for strategic spend oversight.
• Copilot AI AI assistant providing quick and smart expense insights — spend breakdowns by merchant/category/department/project/employee, card-spend analytics, reimbursable-spend tracking, instant product-support Q&A, turnaround-time analytics, risk analytics with top policy violators and top spenders, and exportable MIS reports.
• Accounting Integrations Suite Native 2-way integrations with seven major accounting platforms — Sage Intacct (and Sage Intacct for Construction), Sage 300 CRE, Sage 50, QuickBooks Online, QuickBooks Desktop, NetSuite, and Xero — supporting automatic export of reimbursable/credit-card expenses as Bills, Journal Entries, or Credit Card Transactions, and import of Chart of Accounts, Projects, Vendors, Employees, and Custom Fields.
• Embedded Expense Management (White-label) Embedded/white-labelled expense management offering for partners (e.g., banks, fintechs, software platforms) to offer real-time expense management to their customers, accessed via embedded.fylehq.com.

Quantifiable outcome

• Reduce time to collect receipts by 48%
• +8 more outcomes

Named customers29 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability11 records

Feature7 records

Partnerships

14 partnerships are on record, tiered flagship integration — direct, 2-way integration with chart of accounts, projects, vendors, employees, taxes, custom fields. auto-sync every 24 hours., core integration for construction vertical — exports expenses as accounts payable invoices in sage 300 construction & real estate., core integration — generates sage 50-compatible csv files with gl accounts, vendors, jobs, phases, and cost codes., flagship integration — major accounting platform with two-way sync., core integration for quickbooks desktop users., flagship integration for erp/enterprise customers., core integration for smb accounting users., flagship card-network integration enabling real-time transaction feeds on any visa business card from any us bank., flagship card-network integration enabling real-time transaction feeds on any mastercard credit card from any us bank., flagship strategic partnership — co-developed virtual cards product offering., core integration for receipt submission and approvals., core integration for e-receipt submission. and flagship accounting firm partner — co-marketed launch announcement..

• Sage Intacctflagship integration — direct, 2-way integration with chart of accounts, projects, vendors, employees, taxes, custom fields. auto-sync every 24 hours.Technology or IntegrationDirect two-way integration between Sage Expense Management (Fyle) and Sage Intacct accounting software. Imports and exports Expenses, Receipts, Chart of Accounts, Projects (Cost Codes & Cost Types), Vendors, Items, Classes, Locations, and Custom Fields. Self-serve setup under 15 minutes. Dedicated integration portal with error resolution dashboard. Includes Sage Intacct for Construction variant.
• Sage 300 CREcore integration for construction vertical — exports expenses as accounts payable invoices in sage 300 construction & real estate.Technology or IntegrationIntegration with Sage 300 Construction & Real Estate exports reimbursable and credit card expenses as Accounts Payable invoices, enabling accurate job costing with Cost Codes and Cost Categories. Imports Chart of Accounts, Jobs, Categories, Vendors. Pre-set automated schedule for expense sync.
• Sage 50core integration — generates sage 50-compatible csv files with gl accounts, vendors, jobs, phases, and cost codes.Technology or IntegrationIntegration with Sage 50 accounting software. Sage Expense Management automatically compiles approved expenses and generates Sage 50-compatible CSV files. Imports Chart of Accounts, Vendors, Jobs, Phases, and Cost Codes. Self-serve setup under 15 minutes; no code required.
• QuickBooks Onlineflagship integration — major accounting platform with two-way sync.Technology or IntegrationDirect two-way integration with Intuit QuickBooks Online. Auto-imports Chart of Accounts, Employees, Vendors, Projects, Items, Classes, Customers, Departments, and Custom Fields. Exports reimbursable expenses as Expenses, Checks, Journal Entries, or Bills; credit card expenses as Credit Card Purchases, Expenses, Bills, Journal Entries, or Debit Card Purchases. Self-serve setup under 15 minutes.
• QuickBooks Desktopcore integration for quickbooks desktop users.Technology or IntegrationIntegration with QuickBooks Desktop. Auto-imports Chart of Accounts, Vendors, Classes, Projects, Customers, and Employees. Exports reimbursable and credit card expenses as Bills, Journal Entries, or Credit Card Transactions. AI-based automated expense coding with no-code self-serve setup.
• NetSuiteflagship integration for erp/enterprise customers.Technology or IntegrationDirect two-way integration with Oracle NetSuite cloud ERP. Syncs expenses, receipts, chart of accounts, projects, employees, taxes, and other custom fields. AI-based auto-coding for accurate expense classification.
• Xerocore integration for smb accounting users.Technology or IntegrationIntegration with Xero accounting software. Automates bookkeeping with two-way sync of expenses, receipts, chart of accounts, projects, and other dimensions.
• Visaflagship card-network integration enabling real-time transaction feeds on any visa business card from any us bank.Technology or IntegrationDirect integration with Visa business credit cards from any bank. Provides instant SMS and Slack notifications when cards are swiped and real-time transaction feeds on the Fyle dashboard within seconds. Eliminates dependency on delayed bank statements.
• Mastercardflagship card-network integration enabling real-time transaction feeds on any mastercard credit card from any us bank.Technology or IntegrationDirect integration with Mastercard credit cards from any bank. Delivers real-time text and Slack notifications and real-time transaction feeds via Visa Direct network (Mastercard partnership).
• American Expressflagship strategic partnership — co-developed virtual cards product offering.Strategic or Co-development PartnerStrategic partnership enabling American Express Corporate, Business, or Corporate Purchasing Card Members to generate unlimited on-demand Virtual Cards using their existing Amex credit line. Separate enrollment required. Co-branded product offering with extended payment terms, rewards, and enhanced security via virtual Card tokens.
• Slackcore integration for receipt submission and approvals.Technology or IntegrationSlack integration enabling receipt submission and approval workflows directly from Slack. Card transaction notifications and approvals work via Slack.
• Gmailcore integration for e-receipt submission.Technology or IntegrationGmail plugin enabling one-click e-receipt submission directly from Gmail inbox. Auto-creates expenses with receipts attached.
• Microsoft Outlook / Office 365core integration for e-receipt submission.Technology or IntegrationOutlook plugin for capturing receipts directly from Outlook inbox. Auto-creates expenses with receipts attached.
• Aprioflagship accounting firm partner — co-marketed launch announcement.Implementation/ SI/ Consulting PartnerAccounting firm and partner in Aprio's Outsourcing Practice. Co-announced launch of Fyle's Visa real-time card integration. Removes inefficiencies and manual work from expense management for businesses, enabling enhanced spending data and faster book closing.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Expensify: Expensify is a publicly-traded expense management SaaS platform targeting SMBs and mid-market with card reconciliation, receipt scanning via mobile app, and integrations with QuickBooks, NetSuite, and Xero. It is the most direct competitor to Fyle in the SMB expense management category.
• Ramp: Ramp is a corporate card and spend management platform offering real-time card feeds, automated receipt matching, and expense management to mid-market and enterprise customers. It competes directly with Fyle on real-time card reconciliation, but issues its own cards rather than working on existing ones.
• Brex: Brex provides corporate cards paired with expense management, bill pay, and accounting automation for startups and mid-market companies. It overlaps with Fyle on expense management and ERP integrations, and represents a bundled competitive threat.
• Airbase: Airbase is a spend management platform combining corporate cards, bill pay, expense management, and procurement for mid-market companies. It is a direct competitor in expense and card reconciliation, with similar ERP integrations and approval workflows.
• Zoho Expense: Zoho Expense is part of the Zoho suite of business apps, offering receipt scanning, multi-currency expense reporting, and integrations with Zoho Books plus QuickBooks and Xero. It targets the same SMB/mid-market segment as Fyle with similar feature sets.
• Emburse (Certify): Emburse is an expense and AP automation company (which acquired Certify) serving mid-market and enterprise with corporate card reconciliation, receipt capture, and policy enforcement. It directly competes with Fyle in expense management for similar customer profiles.
• Rydoo: Rydoo is a global expense and travel management platform serving mid-market and enterprise across Europe, Americas, and APAC. It offers receipt scanning, card feeds, and ERP integrations, competing with Fyle in cross-border mid-market segments.

Broad incumbents

• SAP Concur: SAP Concur is the enterprise expense management incumbent used by most Fortune 500 companies, offering travel, expense, and invoice management. It overlaps with Fyle in core expense management but is positioned for larger enterprises and lacks Fyle's SMS-first, existing-card model.

Regional players

• Pleo: Pleo is a European spend management company offering corporate cards, expense management, and bill pay, primarily serving SMBs across Europe. It is comparable to Fyle's expense and card reconciliation functionality but is geographically focused on Europe.
• Spendesk: Spendesk is a European spend management platform combining prepaid cards, expense reporting, and invoice management for SMBs and mid-market. It overlaps with Fyle on expense and card reconciliation but is primarily focused on France and broader Europe.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights8 records

Customer concentration

• Xx.com/FyleHQ
• Facebookfacebook.com/FyleHQ
• LinkedInlinkedin.com/company/fyle
• Instagraminstagram.com/teamFyle

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fyle