Open Money

by Open Financial Technologies · Bengaluru, Karnataka · Since 2017

Business banking with expense, payouts and accounting automation.

Expense management software Workflow automation & integration Accounting softwareMade in IndiaFree plan

Starting price: Free plan
Free trial / plan: Free plan; Start without a card
Deployment: Cloud; Web
App Advisor rating: 4.4; transparency & India fit

What is Open Money?

Open Money is expense management software from Open Financial Technologies, an Indian company headquartered in Bengaluru, Karnataka and has been building software since 2017. Business banking with expense, payouts and accounting automation.

Expense management software captures receipts, routes claims through approvals, enforces policy and pushes reimbursements to payroll or bank. Corporate cards and travel booking are increasingly bundled in, which changes the pricing model from per-user to interchange-funded.

A free plan is available, with paid plans for growing teams. Beyond expense management software, Open Money also covers workflow automation & integration, accounting software. Because it is built in India, GST, INR pricing and local support hours are native rather than bolted on.

What works well

+Free plan available to evaluate at zero cost
+Built in India with GST-ready workflows and local support hours
+Covers more than one software category, reducing the number of tools you run

What to watch out for

−Feature depth for your specific workflow should still be verified in a demo

Best suited for: Startup · Small business · SMB

AI analysis of Open Money

Analysing Open Money — pricing, features, reviews and alternatives…

Generated by App Advisor's native engine from this listing's verified data — not a paid placement.

Open Money features

Category-standard capabilities plus what Open Money adds. Verify depth in a demo.

Receipt capture with OCR
Policy rules and approval workflows
Corporate cards with real-time controls
Mileage and per-diem handling
GST input credit capture on expenses
Integration with Tally, Zoho Books and ERPs
Reimbursement via payroll or bank transfer
Travel booking and advances
Free plan to start without a card
INR pricing and India-based support

Open Money pricing

Entry price

Free plan

Free plan, paid tiers for more users and features

How Open Money charges. Plans scale with users or features. Annual billing is usually 15–25% cheaper than monthly, and GST is added on top of listed prices in India.

Read from the vendor's official website. Prices change — confirm on open.money.

Specifications

Category: Expense management software, Workflow automation & integration, Accounting software
Vendor: Open Financial Technologies
Headquarters: Bengaluru, Karnataka
Founded: 2017
Pricing model: Freemium
Starting price: Free plan
Deployment: Cloud
Platforms: Web
Best for: Startup, Small business, SMB
Made in India: Yes

Pay as you go

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Open Money — frequently asked questions

What is Open Money?+

Open Money is expense management software by Open Financial Technologies, an Indian company from Bengaluru. Business banking with expense, payouts and accounting automation.

How much does Open Money cost?+

Open Money has a free plan. Check the vendor's pricing page for current plans.

Does Open Money offer a free trial or free plan?+

Yes — Open Money offers a free plan you can start with.

Is Open Money made in India?+

Yes. Open Money is built by Open Financial Technologies, headquartered in Bengaluru, Karnataka.

Who is Open Money best suited for?+

Open Money suits startup, small business, smb buyers looking for expense management software with workflow automation & integration and accounting software.

What are the best alternatives to Open Money?+

Popular alternatives in expense management software include Zoho Expense, Karbon Business, Kodo. Use App Advisor's compare tool to see them side by side.

How is Open Money deployed?+

Open Money is available as a cloud (SaaS) product, with web access.