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Alternatives

Loop alternatives

Loop is a Toronto company offering Canadian businesses multi-currency accounts in CAD, USD, EUR and GBP, corporate cards with no FX fees, international payments, working capital, and receipt capture with transaction matching.

Why people look

Why teams look for a Loop alternative

The reasons that come up in evaluations. Whether they apply to you depends mostly on where your receipts come from.

Our cards are cheap for USD spend, but receipts still get uploaded by hand.

Receipts come from the merchant and from connected mailboxes, which leaves only a few to add.

A charge in the feed doesn't tell our accountant which tax we paid.

GST, HST and QST come from the receipt line by line and post to their own accounts.

Spend on other cards and accounts sits outside the tool.

Smartbills works with any card or account. All spend gets the same receipt and coding.

The shortlist

6 alternatives to Loop

The products teams shortlist against Loop, each with what it's for. The order isn't a ranking, and the criteria are explained below.

  1. Float

    For Canadian companies that want more from each card charge than the amount: the itemized receipt, with its GST, HST or QST.

    Best forCanadian companies that want a corporate card program, business accounts and bill pay from one Canadian provider.

    Compare it with Smartbills

  2. Venn

    For Canadian businesses weighing Venn's accounts and cards, especially in Quebec, where Venn says it isn't available.

    Best forBusinesses outside Quebec that want cheap FX, multi-currency accounts and a corporate card from one provider.

    Compare it with Smartbills

  3. Brex

    Cards and business banking for US companies. This comparison is about the purchase document behind each card charge.

    Best forChoose Brex if you're a venture-backed or enterprise US company that wants cards, banking, treasury and spend controls from one vendor.

    Compare it with Smartbills

  4. Expensify

    The expense report app most finance teams already know, set against Smartbills on where each receipt comes from before anyone files it.

    Best forChoose Expensify if your team already runs on its expense reports and wants a familiar, well-supported report-and-approve workflow it won't have to relearn.

    Compare it with Smartbills

  5. Ramp

    A corporate card program with spend management built around it. The comparison turns on what a card feed can and can't tell you.

    Best forChoose Ramp if you're consolidating US card spend onto one program and the rebate, the controls and the card itself are where you see the value.

    Compare it with Smartbills

  6. SAP Concur

    The long-time enterprise T&E standard, set against Smartbills on setup time and on where the receipt comes from.

    Best forChoose SAP Concur if you run managed travel, have complex global policy across many entities, and have the internal resources to configure and maintain it.

    Compare it with Smartbills

Disclosure

And Smartbills, which is ours

Slipping our own product into a roundup without saying so is exactly what makes these pages worthless, so to be clear, this one is ours.

Smartbills

Best for: Businesses whose problem is the receipt: getting it, reading its lines and recording the sales tax correctly.

Smartbills vs Loop

How this list was put together

These are the products that come up in the same evaluations as Loop, drawn from what prospects actually shortlist against it and from the rest of its category. The order is editorial rather than a ranking, because we don't run benchmarks on products we don't operate, and a scored table written by a vendor about its competitors isn't evidence. Each entry links to a full comparison with claims specific enough to check.

FAQ

Frequently asked questions

What people ask us before they sign up.

Not for accounts, FX or payments. Smartbills isn't a bank. It handles the receipts and their accounting, and works alongside Loop.

Yes. A foreign-currency expense keeps the rate used on the entry itself. The translated amount can be traced later.

Smartbills takes GST, HST and QST from each line of the receipt, which is the document a tax claim has to rest on.

Get started

Comparing Loop with something else?

Bring one month of your own receipts and card transactions. The number that settles it is the share of transactions that ended up with an itemized document attached, and you can measure that in one cycle.

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