Yokoy
What Is Yokoy?
Yokoy automates business spend management with artificial intelligence, for medium-enterprise companies. Combine expense management, smart corporate cards and invoice processing into an all-in-one solution for your spending.
Yokoy goes beyond saving you time and money; it provides you with data-driven insights and contributes to higher employee satisfaction. Why rely on siloed solutions, when Yokoy simplifies every process step in spend management? Put your spend management on autopilot today!
Who Uses Yokoy?
Designed to service medium to large companies (200+). Yokoy saves you up to 90% of your time on managing expenses, corporate cards and supplier invoices. Available for 150 + countries and languages.
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Reviews of Yokoy
Sebastiaan
Yokoy
Comments: Yokoy is an easy to setup and easy to use software that helps us with out travel and expense management. We are very happy with Yokoy's solution.
Pros:
Uploading receipts with one click or one picture is very helpful, be it with the mobile phone or with the web browser. Approval workflow is quick and settlement is easy.
Cons:
As it is cloud based, country/company specific adjustments are not so easily done.
Yokoy Group Response
2 weeks ago
Hi Sebastiaan, Thank you for taking the time to review us! Our product team will be thrilled to hear how Yokoy has improved your workflows and increased efficiency. We're always improving our product, so I encourage you to come back and check us out again soon to see what's new. Thanks again – we appreciate it! Best, Yokoy
Manuel
Alternatives Considered:
Happy wife
Comments: My wife is the superuser of Yokoy, and Unique is the 3rd company we set up together. We implemented SAP, Microsoft Nav, and Revolut Business, but she is super excited since we use Yokoy. We reduced our subscription spending by 20%-30% of various tools (small tools too) across Unique.
Pros:
Very easy to use mobile experience and spend management. As a CEO, I like most the real-time view to all our expenses, especially the software subscription spending we have at Unique.
Cons:
I'm waiting for linking the virtual credit cards to Apple Pay
Michal
Yokoy expense management for midsize scale up company
Pros:
Yokoy is very positively rated by our employees (end users). The Yokoy staff is very friendly and supportive. They always try to find a tailored solution for your company's needs. Yokoy is still developing and changing. They implement new features to the tool every month.
Cons:
The Yokoy Visa cards are limited to the European market. The delivery time for the physical cards is unacceptably long and they are delivering cards to a limited amount of countries. Also, the matching process for expense to card transactions is not intuitive for the end users, and they have serious problems the credit note management.
Yokoy Group Response
2 weeks ago
Hi Michal, First off, thanks for your review! We value your feedback and are happy to hear your employees are enjoying the tool. In regards to the Yokoy Visa cards, we do want to use this opportunity to clarify a few things. · We have recently switched card shipment providers and the shipment times have improved drastically to 5-7 business days. · In response to customer feedback, we are about to release an improved transaction matching flow that will be a lot more user friendly. · Furthermore, we have enabled the option for submitters to create credit notes themselves which improves the credit note handling. Making our customers happy is always at the top of our to-do list. We value innovation and as you said we implement new features to the tool every month. I hope you'll stick with us to see what's new. Best, Yokoy
Brenda
User/admin feedback
Comments: Overall, the assessment is good. Only a few more options are needed to make the product complete.
Pros:
The software is user friendly, easy to use, intelligent reading of receipts, foreign currency management, credit card connection
Cons:
Lack of filters, limitations in the structure which cannot be defined at several levels on the basis of an amount (worfklow), assistants cannot access all data, impossible to output excel extracts except via Analytics, non-communication with an ERP
Belén
Yokoy collaboration
Comments: The main benefit has been the automation of some processes. Now, our employees have a tool to report their expenses, easy to use and the approvals are granted quickly. The finance team also have a great help and all the information flow is one single system.
Pros:
Yokoy is easy to use and intuitive. With a simple photo of the receipt your expenses are reported. Also, the integration of the SW in our organisation was easy, well planned and the team behind it is supportive, they are the best part of the project! I would like to do a especial mention [sensitive content hidden], she is awesome: Professional, empathetic and try her best always.
Cons:
There are some aspects in the product that we wanted to be customized. Even if we understand that the product is offered for a wide range of customers, the feedback reported to the Product department should be studied and replied.
Yokoy Group Response
2 weeks ago
Hi Belen, Thanks for your kind words about our team! We value your feedback and are thrilled you found the integration so seamless. I appreciate your comments on increasing our customisation. We're always improving our software, so I'll pass this off to the team to factor into future updates and enhancements. In the meantime, if there's anything else you want to share with us, or if you'd like to be updated on progress you can get in touch through this email. Best, Yokoy
