Fyle

Fyle is a sophisticated expense management platform that has disrupted the traditional market by focusing on 'real-time' spend visibility and frictionless user experience. Its technical architecture is built around a powerful AI-driven OCR engine and deep native integrations with communication platforms like Slack, Microsoft Teams, and WhatsApp. Unlike legacy systems that require manual data entry, Fyle leverages LLM-based parsing to extract data from receipts with high precision across multiple languages and currencies. In the 2026 market, Fyle differentiates itself through its unique ability to provide real-time transaction feeds from any existing Visa or Mastercard corporate card without requiring a card switch. This 'Bring Your Own Card' (BYOC) approach, combined with automated policy enforcement and multi-stage approval workflows, positions Fyle as a critical layer in the modern enterprise fintech stack. Its architecture is designed for high-volume data processing and seamless synchronization with major ERPs like NetSuite, Sage Intacct, and Microsoft Dynamics, ensuring that financial data is reconciled in real-time rather than at the end of the month.