Comparing Expense Tracking: Nexonia, ExpenseView, Expens’d, and Moneygement

January 9th, 2009

Whether you are looking to manage your expenses as an individual or a business, web 2.0 has something to offer. This week we took a look at applications that help track expenses, with a mind to how easy they were to use, what features they offered, and what kind of user would benefit from them. After the chart we’ll discuss them in greater detail, and if you would like to see more information about the applications Nexonia, ExpenseView, Expens’d, and Moneygement there are full reviews available through the links. To see our introduction to the topic, there is our post: Expense Applications: Managing Finances With Web 2.0.

ExpenseView Expens’d Moneygement Nexonia
Multiple accounts (users) no yes no yes
Approvals no yes no yes
Email reports no yes no no
Attach files no yes no no
Export yes no no yes
Budget yes no no no
Debt tracking no no yes no
Recurring transactions no yes yes yes
Income yes no yes no
Widget yes no yes no
Ads? yes yes yes yes

If ease of use were the only criteria, Expens’d, with its straightforward and basic features would surpass the other applications this week, but that would overlook the fact that Nexonia has more features overall while keeping a simple interface. In fairness none of the applications were confusing - all laid out their features in an intuitive tab layout.

Expensd Screenshot

There are a lot of features in Nexonia and Expens’d, though each application has something for different users. Business users, for example, are likely to appreciate Nexonia’s features, since it allows more accountability and approval, but users looking to keep receipts will like the way that Expens’d allows users to attach files. Moneygement and ExpenseView both have widgets for users on the go, and both ExpenseView and Moneygement have a feature for adding income.

ExpenseView Screenshot

For users looking to budget themselves, Moneygement’s at-a-glance spending rate and budget boxes are features that stand out, as does ExpenseView’s budget feature. Moneygement also offers debt tracking, which could be helpful for users tracking petty cash or shared accounts.

Moneygement Screenshot

A common problem to expense applications is that they do not offer the financial planning tools that would make the application useful for personal users. Users wanting a spending and planning tool are asked to use more than one application, as are users that want to match expenses with financial management.

Nexonia Screenshot

In the end business users are likely to use Nexonia even if it has a monthly fee; its features and expandability are suited for users that require approvals and accountability. Home users can choose any of the three remaining applications, depending on their needs.

To find this or similar applications, there is the Listio search: track+expenses.

Previously in this series: Nexonia: Expense Tracking For Businesses

Application: Expensd
Listio Profile: http://www.listio.com/web20/app/Expensd/
Website: http://www.expensd.com
Simplify expense tracking for your company -- take it online with Expens'd. Eliminate the hassle of expense management by tracking and reporting on business expenses easily from anywhere.... Learn more
Application: ExpenseView
Listio Profile: http://www.listio.com/web20/app/ExpenseView/
Website: http://www.expenseview.com
ExpenseView is a free, easy to use application that helps track your expenses, budgets and income. Use it to get an understanding of how you're spending your money.... Learn more
Application: Moneygement
Listio Profile: http://www.listio.com/web20/app/Moneygement/
Website: http://www.moneygement.com
Moneygement is an easy way to manage your finances online. Moneygement enables you to, track what you spend, analyze where you spend it, save by limiting unneeded expenses. Predict how much you will likely spend in the future.... Learn more
Application: Nexonia
Listio Profile: http://www.listio.com/web20/app/Nexonia/
Website: http://www.nexonia.com
Nexonia is the ideal web-based solution for businesses that need a comprehensive tool which is both easy-to-manage and cost-effective. This easy-to-use entry system comes in over 184 currencies and is offered in English, French and Spanish. The internationalization framework provides the ability to... Learn more

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One Response to “Comparing Expense Tracking: Nexonia, ExpenseView, Expens’d, and Moneygement”

  1. Robert Dempsey Says:

    Thanks for the review of expens’d! We’ve added more features since this original review, and have more coming next week. We’re completely user-driven, so let us know what you want in expens’d and it’ll be there: http://getsatisfaction.com/atlanticdominionsolutions/products/atlanticdominionsolutions_expens_d.

    Thanks again!

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