Independent Audit Report
Airbase (Paylocity Company)
VS
Expensify

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
TL;DR
It's a tie! Both score 4/5 stars. Choose Airbase (Paylocity Company) if you need Mid-sized to large companies wanting a single platform for c, or Expensify if you need Businesses of all sizes wanting to streamline receipt captur. ⬇ Scroll for full 20-point audit
Best For
Airbase (Paylocity Company) vs Expensify
Mid-sized to large companies wanting a single platform for c... vs Businesses of all sizes wanting to streamline receipt captur...
Fee Structure
Airbase (Paylocity Company) vs Expensify
Custom pricing based on company size, transaction volume, an... vs Collect: ~$7/user/month; Control: from ~$12/user/month (USD ...
Rating
Airbase (Paylocity Company) vs Expensify
4/5 ★ vs 4/5 ★
Airbase (Paylocity Company)
Unified Spend Management Platform (Cards, AP, Reimbursements)
Best For Mid-sized to large companies wanting a single platform for corporate cards, accounts payable, employee reimbursements, and guided procurement (Enterprise tier supports up to 10,000 employees)
Core Fee Custom pricing based on company size, transaction volume, and module requirements; no public pricing available
Settlement Real-time spend dashboards; automated approval flows; AI-based OCR for expense reports; amortization schedules for prepaid expenses
Visit Airbase (Paylocity Company) ↗
Expensify
Expense Management & Reimbursement Software
Best For Businesses of all sizes wanting to streamline receipt capture, expense approvals, and employee reimbursements with QuickBooks/Xero integration
Core Fee Collect: ~$7/user/month; Control: from ~$12/user/month (USD converted; as of Jan 2026); custom enterprise pricing
Settlement Mobile receipt scanning; automated approval workflows; real-time expense tracking; syncs to accounting software; fast reimbursements
Visit Expensify ↗
What This Audit Doesn't Cover: Real-time currency fluctuations, promotional offers, region-specific pricing, or temporary fee waivers. Always verify current rates, fees, and features directly with Airbase (Paylocity Company) and Expensify before making any financial decision.
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Airbase (Paylocity Company) Expensify
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
4/5
Airbase (Paylocity Company): rated on fees, features, safety & ease of use
4/5
Expensify: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Custom pricing based on company size, transaction volume, and module requirements; no public pricing available Collect: ~$7/user/month; Control: from ~$12/user/month (USD converted; as of Jan 2026); custom enterprise pricing
FX / Conversion SpreadMarkup above mid-market exchange rate
Airbase (Paylocity Company) charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Expensify charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
Custom/tiered pricing — Airbase (Paylocity Company)'s fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Subscription-based — Expensify charges a recurring fee starting at Collect: ~$7/user/month; Contr.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Airbase (Paylocity Company) offers virtual cards. Check the Airbase (Paylocity Company) app under card settings for current issuance fees.
Check Airbase (Paylocity Company) app for current card fees
Expensify does not primarily offer physical cards — access is digital-first.
Check Expensify app for current card fees
Domestic SettlementLocal bank transfer completion time
Airbase (Paylocity Company)
Real-time spend dashboards; automated approval flows; AI-bas
VS
Expensify
Mobile receipt scanning; automated approval workflows; real-
Both platforms offer comparable settlement speeds.
Cross-Border SpeedInternational corridor settlement time
Airbase (Paylocity Company) supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Expensify supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Airbase (Paylocity Company) publishes service status updates on its official status page for transparency.
Check Airbase (Paylocity Company) status page for incident history
Expensify publishes service status updates on its official status page for transparency.
Check Expensify status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Standard enterprise security; G2 rating 4.4/5; part of Paylocity for enhanced HR/payroll integration
✓ Licensed
Standard financial data security; SOC 2 compliant; audit-ready expense reports; policy enforcement tools on Control plan
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Airbase (Paylocity Company) holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Airbase (Paylocity Company)
Expensify holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Expensify
2FA & AuthenticationMulti-factor security implementation
Airbase (Paylocity Company) supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Expensify supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Airbase (Paylocity Company) employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Expensify employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Airbase (Paylocity Company)
Mid-sized to large companies wanting a single platform for corporate cards, accounts payable, employee reimbursements, and guided procurement (Enterprise tier supports up to 10,000 employees)
Expensify
Businesses of all sizes wanting to streamline receipt capture, expense approvals, and employee reimbursements with QuickBooks/Xero integration
Platform ClassificationRegulatory and product category
Unified Spend Management Platform (Cards, AP, Reimbursements) Expense Management & Reimbursement Software
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Airbase (Paylocity Company) withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Expensify withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Airbase (Paylocity Company) supports the currencies and assets listed in its official documentation.
Check Airbase (Paylocity Company) official site for full currency list
Expensify supports the currencies and assets listed in its official documentation.
Check Expensify official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Airbase (Paylocity Company) app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Expensify app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Airbase (Paylocity Company) routes support through its official help channels. Priority queue access varies by plan.
Check Airbase (Paylocity Company) help centre for current support options
Expensify offers support through its help centre and official contact channels.
Check Expensify help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Airbase (Paylocity Company) KYC timelines depend on document quality and account type.
Verify current wait times in the Airbase (Paylocity Company) app
Expensify KYC timelines depend on document quality and account type.
Verify current wait times in the Expensify app
Overall VerdictWealthBlueprint independent recommendation
IT'S A TIE — both score 4/5 stars.

Choose Airbase (Paylocity Company) if you need: Mid-sized to large companies wanting a single platform for corporate cards, accounts payable, employee reimbursements, and guided procurement (Enterprise tier supports up to 10,000 employees).
Choose Expensify if you need: Businesses of all sizes wanting to streamline receipt capture, expense approvals, and employee reimbursements with QuickBooks/Xero integration.

➜ Your choice depends on your specific needs
Official WebsiteVisit platform to sign up or verify current fees
Visit Airbase (Paylocity Company) ↗ Visit Expensify ↗

Choose Airbase (Paylocity Company) If:

  • You need Mid-sized to large companies wanting a single platform for corporate cards, accounts payable, employee reimbursements, and guided procurement (Enterprise tier supports up to 10,000 employees)
  • You prefer Custom pricing based on company size, transaction volume, and module requirements; no public pricing available
  • You value Real-time spend dashboards; automated approval flows; AI-based OCR for expense reports; amortization schedules for prepaid expenses

Choose Expensify If:

  • You need Businesses of all sizes wanting to streamline receipt capture, expense approvals, and employee reimbursements with QuickBooks/Xero integration
  • You prefer Collect: ~$7/user/month; Control: from ~$12/user/month (USD converted; as of Jan 2026); custom enterprise pricing
  • You value Mobile receipt scanning; automated approval workflows; real-time expense tracking; syncs to accounting software; fast reimbursements
WealthBlueprint Verdict Summary
Airbase (Paylocity Company) — Best For
Mid-sized to large companies wanting a single platform for corporate cards, accounts payable, employee reimbursements, and guided procurement (Enterprise tier supports up to 10,000 employees)
✓ Strong in its core category
Expensify — Best For
Businesses of all sizes wanting to streamline receipt capture, expense approvals, and employee reimbursements with QuickBooks/Xero integration
✓ Strong in its core category

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