Fyle & Sensiba partner to offer real-time expense management solutions

By Delisha Fernandes

Fyle, an expense management platform, has partnered with Sensiba, which focuses on tax, audit and consulting services. The collaboration aims to automate and deliver expense reporting and credit card reconciliation solutions.

This partnership compliments and expands Sensiba’s software and service practices, including Sage Intacct and outsourced accounting. It enables AI expense management to deliver spending insights and offer more control to finance leaders.

“We have been working to build a world where not a single second is spent managing expenses. Administering staff expenses isn’t core to anyone’s role, but it’s time-consuming and frustrating,” said Yashwanth Madhusudan, CEO, Fyle. “We look forward to working closely with the Sensiba team to bring the combined best-in-class solution to businesses in the US.”

Fyle’s ability to integrate with all credit cards to provide real-time feeds and its robust two-way integration with Sage Intacct and QuickBooks Online made it easy for Sensiba to select Fyle as a technology partner. When employees spend on their cards, they’re notified immediately via text, email, or Slack. They can then reply to the message with a picture of the receipt, and Fyle instantly matches it to the right expense.

“Fyle’s AI-enabled expense management eliminates time consuming and delayed expense reporting while delivering spend analytics to finance,” said Kevin Shives, Partner, Sensiba. “It can be used standalone or alongside financial management solutions like Sage Intacct and QuickBooks Online. By partnering with Fyle, we can help a broader range of businesses manage their expenses, categorize financials, and develop scalable processes for controlling the spending across a company. Strong financial operations have to start with a strong foundation of processes, technology, and people.”