TripsWare vs Topia Compass

TripsWare is an expense management solution for PE and investment firms that tracks expenses for all aspects of deal flow including fund raising, due diligence, portfolio company management, and management company overhead. This app is for existing TripsWare users. The TripsWare mobile app lets you capture receipts on the go, tag them with the date, amount, description (plus category and reason if desired), and submit them instantly to TripsWare. • Information and receipts are available in real time on TripsWare so one can fully manage the intricate allocations necessary for compliance, GL integration, bill back and recovery. • Take pictures of receipts at the point of sale or choose images from your photo library • Allocate from pre-populated dropdown lists that sync with your TripsWare profile, including expense source, date, category, currency, reason etc. • Send cash receipts directly to TripsWare for faster processing • Send Corporate Paid Credit card receipts to TripsWare that can be automatically reconciled with your imported credit card activity • Send Vendor receipts or invoices to TripsWare where they can be routed in accordance with your approval workflow, integrated to your GL or even auto-paid. • Empower your assistant or Delegates, who can then manage receipts on your behalf • History tracking built in • Approve expense reports

Topia Compass helps companies and individuals monitor tax/immigration risk and prepare for audits by automatically logging time spent in different jurisdictions. This makes it easier to manage multi-location compliance issues, including: * Payroll Withholding * Nexus/Permanent Establishment Risk * Schengen Area Compliance * Residency Risk Topia Compass is already trusted by thousands of customers across the largest technology, transportation, manufacturing, media, and financial services organizations in the world. HOW IT WORKS Topia Compass provides an easy way for travelers to automatically log their location via their preferred device (phone, tablet, or laptop). The app runs in the background to help securely and automatically determine the number of days spent in different jurisdictions. And with our ‘privacy by design’ approach, you can be confident your information is secure, with data that is only ever reported at the jurisdiction level. KEY BENEFITS * Compliance has never been easier thanks to accurate, real-time background data collection * Timely alerts help travelers and remote workers avoid unnecessary tax risks and penalties * Data can be exported for added protection in the case of an audit PROTECTING YOUR PRIVACY Topia Compass has been carefully designed to ensure the highest level of individual privacy and security. * You own your data and control access to it * All data collected is GDPR compliant * Data is only collected when necessary to protect you and your employer from compliance risk * Street-level location data is never reported NEW FEATURES * Location-based taxable income reports to support Unincorporated Business Tax (New York) and Gross Receipts Tax (San Francisco) * Simplified payroll withholding for advanced state and local tax compliance * Improved battery efficiency * Automated reports