Fyle, an expense management platform facilitating integration with customers’ existing credit cards, has announced its integration with Sage 300 Construction & Real Estate (CRE), a comprehensive construction management and accounting software solution. This integration aims to streamline expense reporting processes, enhance job costing accuracy, and provide construction companies with real-time insights into project budgets.
Dennis Stejskal, Head of Strategy for Sage Construction and Real Estate, commented on Fyle’s tailored approach to the construction industry, stating, “Fyle’s integration with Sage 300 CRE marks a significant advancement in expense management for construction professionals. Traditionally, these tasks are manual and time-consuming. Fyle’s seamless integration with Sage Intacct Construction, now extended to Sage CRE 300, coupled with the convenience for field users to submit receipts via text, offers a user-friendly experience crucial for the construction sector.”
Key Advantages of the Integration:
-Seamless two-way data import and export ensuring accurate coding of every project expense, exported as an Accounts Payable Invoice in Sage.
-Easy capture of crucial expense details within the Fyle expense form, simplifying reconciliation in Sage 300 CRE, including Expense Account, Job, Cost Code, Category, and Commitment.
-Fyle’s existing 2-way integration with Sage Intacct and Sage Intacct for Construction, along with collaborations with leading Sage partners such as Accordant, EthosSystems, Sockeye, and Kerr.
-Additionally, Fyle introduced a feature allowing employees and users to text their receipts, leveraging AI to extract and code data automatically, matching it to the corresponding credit card transaction. This functionality provides unparalleled ease of use and eliminates the learning curve for on-field employees and contractors, enabling them to submit receipts via text within seconds. Accountants can save significant time each month by eliminating the need to chase employees for expense receipts.
About Fyle:
Fyle reduces the time spent on expense management by enabling employees to submit receipts from everyday apps like Text, Gmail, Outlook, and Slack. Its AI engine instantly codes data, assigns it to the appropriate projects & cost centers, and integrates it with accounting software such as NetSuite, Sage, QuickBooks, or Xero. Fyle directly integrates with existing company cards to provide real-time transaction data and automated reconciliation.
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By Ravi Kumar
