Scribd
Upload
150 views

Intelligent Expense Management: Yashwanth Madhusudan Co-Founder and CEO, Fyle

Fyle is an intelligent expense management solution that aims to streamline the expense reporting process for both employees and finance teams. It allows users to connect, store, and share transaction data instantly. Key features include extracting data from receipts with a single click, creating expense reports automatically with no manual entry, and integrating with common email and accounting systems. The goal is to modernize what is typically a manual, time-consuming, and error-prone process.

Uploaded by

vinod1994
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
150 views

Intelligent Expense Management: Yashwanth Madhusudan Co-Founder and CEO, Fyle

Fyle is an intelligent expense management solution that aims to streamline the expense reporting process for both employees and finance teams. It allows users to connect, store, and share transaction data instantly. Key features include extracting data from receipts with a single click, creating expense reports automatically with no manual entry, and integrating with common email and accounting systems. The goal is to modernize what is typically a manual, time-consuming, and error-prone process.

Uploaded by

vinod1994
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 15

fyle

Intelligent Expense Management


Connect, Store, Share Transaction data Instantly

Yashwanth Madhusudan
Co-founder and CEO, fyle
[email protected]
fyle

We are now living in an On-demand World.

A lot happens with a Single Click of a Button.


You can shop, book a cab, flight, meet online.
Yet, enterprises follow an ancient
system to process employee
expense reports

• Its Manual
• Its time consuming
• Error Prone
• High cost of processing
Transaction / expense data and invoices are scattered

Employees spend for travel / business purposes Employees enter data manually Finance team process reports manually

Credit card Statements eReceipts Excel / HRMS / Google


Sheets
Tally / SAP / Oracle / other
ERP
Paper
Email Mobile phone
receipts

Receipt storage

Receipts are stored physically in files or in Dropbox / Google Drive


What if this process was
redesigned ?
Automated Automated Receipt
Data Extraction & Document
Management

Imagine
No Manual Entry
No Errors
No Delays
Single source of truth
Bank Grade
Secure

Integrated
with Email Integrated with ERP and
Accounting system
Fyle solves the everyday business problem of
enterprise expense management with a very
unique data first approach.

Fyle expenses within email with a single click inside Worlds first plugin with
Email. Automatic data extraction

Works on G Suite and


Outlook

Zero data entry and manual


work for business user and
finance / accounting.
Mobile expense Management

• Just snap a picture from mobile app


• Fyle extracts all expense data
• Create one click reports
• View Status of your expense and
reports
Intelligent Policy Engine

Flags expenses Detects Complete audit


that violate duplicates and trail - from
policies eliminates expense creation
automatically instances of fraud to payment.

Every expense is scored on company Fraud detection algorithms can scan Enterprise ready system with complete
policies and violations are detected in millions of records across the entire audit trail for compliance.
real-time and users are asked to company to detect duplicate invoices
comment at the time of fyling the in a fraction of a second.
expense.
What’s possible in 1 second
Integrated Enterprise Travel Request Management

Manage Automate One – Click Digitized


Requests Workflow Reports Receipts

Employee request for Manager Approves Employee travels and Receipts, log, approval
Travel Authorization Request completes the trip information and policy
compliance is all in one
Additional Requests Admin gets notified Employee can create a place.
supported Admin / travel desk report for the trip by
Travel Advance makes relevant booking selecting relevant
Flight and attaches it against the expenses.
Hotel request number
Taxi

Fyle also integrates with Existing travel management platforms like SOTC, Thomas Cook and any
other platform via APIs
Finance and Admin
benefits
● Reduce cost and time for processing
Automated expense rules to
Real-time view of
workflow and highlight expenses
● Increased efficiency and better expenses
approvals that violate policy
control. Reimburse employees faster.

● Real-time visibility into employee


expenses
Single Searchable
Support for custom
● Paperless process and complete repository of
rules and company
Autogenerate Bank
workflow automation expense data with Payment file
hierarchy
receipts

● Integrated with Travel Desk

● Automated Receipt management


Integration with No manual tracking
Accounting Systems using spreadsheets Zero Data entry
● Ensures Internal and Regulatory & ERP ( Tally ) and shared folders
compliance.
Employee Benefits
● Save time and money - No
Manual Data Entry, Never miss a
bill anymore.

● Faster expense submission

● One Click Reporting Engine

● Complete visibility on the state of


expense report after submission

● Zero errors in expense entry

● Expenses on the go – Fyle


expenses from email, mobile app
with a single click.
Tight Microsoft Integration

● Hosted on Microsoft Azure and


receipt data stored in Blobstore

● Integrates with Outlook and Office


365 and Microsoft Exchange

● Can integrate with Microsoft


Dynamics CRM to link sales activity
data.

● Integrates with 3rd Party Applications


such as HRMS and Accounting
Systems.

Outlook 2013, Outlook 2016, Exchange Server, Office265, Hotmail.com, Live.com and Outlook for Mac across Windows 7 and Window 10
Certified on Windows10 - On IE 11 and Edge browsers.
Founding Team

Yashwanth Madhusudan
Co-Founder & CEO

12+ Years Sales & Business Development


First Sales hire at Capillarytech, Qubole ( outside US ), transformed a greenfield
opportunity into a million dollar business.

Sivaramakrishnan Narayanan
PhD - Co-Founder & CTO
14+ Years building Enterprise SaaS Big-Data systems
10 Papers, 9 patents
Thank you

You might also like