Fyle

Overview

Fyle is an advanced expense management software platform that automates receipt tracking, corporate card reconciliation, and employee expense reporting. The platform features real-time data feeds with major credit card networks like Visa, Mastercard, and American Express, eliminating manual receipt collection. By streamlining policy compliance checks and accounting software synchronization, it cuts down financial processing times. The solution empowers finance teams and businesses to maintain complete visibility and control over corporate spending.

What it does

• Reconciles corporate credit card transactions in real-time across Visa, Mastercard, and American Express.
• Extracts receipt data automatically from text messages, emails, mobile scans, and everyday applications.
• Automates policy compliance checks and flags spending violations instantly before report submission.
• Synchronizes expense data seamlessly with major accounting software like QuickBooks and NetSuite.

Who it's for

• Finance Teams & CFOs
• Small and Medium Businesses
• Corporate Cardholders
• Accountants & Bookkeepers

Why it works

• Pricing model uses flexible per-user subscription tiers scaled for modern corporate finance teams.
• Positioned as an agile expense platform integrating directly with existing credit cards without requiring new card issuance.
• Technical advantage stems from direct real-time card network feeds and automated text-to-expense AI data extraction.
• Distribution scales efficiently through cloud partnerships, accounting app marketplaces, and enterprise acquisitions.

Founder story

Fyle was founded in 2016 by Yashwanth Madhusudan and Sivaramakrishnan Narayanan. Former colleagues at Qubole, the founders built the platform in Bengaluru and Newark to remove the friction of manual receipt collection and expense reporting. In 2025, Fyle was acquired by Sage to scale its automated expense management mission globally.

Alternatives

• Ramp
• Brex
• Expensify
• Navan

Comparison overview

• Fyle provides real-time expense reconciliation that works directly with a company's existing business credit cards, whereas corporate card competitors often require switching to their proprietary cards. Finance teams select Fyle for seamless credit card feeds and accounting synchronization, though standalone card issuers bundle card issuance with spend control.