Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Finmatics is a specialized AI layer for automated document processing that slots into the accounting system you already use, rather than a platform you migrate to. What sets it apart from ordinary OCR is that it understands accounting logic instead of just scanning text: it reads each line item, applies tax rules and most standard charts of accounts (SKR), and proposes traceable bookings in seconds — handling even complex, multi-line documents via promptable AI split bookings. Invoices and receipts of every kind (paper, PDF, e-invoice) are captured centrally, then automatically separated, sorted, and matched to the right client, roughly 99% without manual work. Continuous background checks catch duplicates, missing VAT IDs, and mismatches through automatic VIES lookups. Its Training Center learns your firm's booking behavior over time. Connects natively to DATEV, BMD, RZL, and Agenda. EU-hosted, GDPR-compliant, part of the Visma Group, trusted by 1,300+ firms.
Description
Gain a comprehensive understanding of your customers and their transactions at a granular level, encompassing checks, ACH, and remittances. Unify the landscape of global payments, invoices, purchase orders, remittances, and receipts into over 100 standardized fields. Leverage advanced AI to quickly categorize millions of bank and card transactions, vendors, invoices, and receipts within seconds. Tailor your invoice processing to your preferred payment methods. Achieve Level 3 SKU and line-item-level insights from various documents, including invoices, receipts, PDFs, or scans. Identify and mitigate errors before they translate into costs. Minimize mistakes, losses, exceptions, and waste through real-time data validation. Instantly categorize and reconcile transactions down to line items with human-level precision, utilizing the Financial AI Platform designed for leaders in FinTech and eCommerce. Ensure you never lose track of an invoice, payment, order, shipment, or product again, establishing a reliable system of record for your finance teams and suppliers. This innovative solution not only enhances efficiency but also strengthens financial accuracy across all transactions.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Amazon Web Services (AWS)
No
Authorize.Net
No
Brex
No
DATEV
Yes
First Data
No
Microsoft 365
No
Microsoft Dynamics 365
Yes
NVIDIA DRIVE
No
QuickBooks Online
No
SAP ERP
Yes
Integrations
Amazon Web Services (AWS)
Yes
Authorize.Net
Yes
Brex
Yes
DATEV
No
First Data
Yes
Microsoft 365
Yes
Microsoft Dynamics 365
No
NVIDIA DRIVE
Yes
QuickBooks Online
Yes
SAP ERP
No
Pricing Details
750 €
Finmatics uses value-based, tiered pricing rather than per-seat licensing — every plan includes 3,000 booking lines per month, no matter how many users work in the system. Four tiers scale with capability: Basis covers document intake and AI booking suggestions; Plus adds a trainable Training Center, analytics, and validation checks; Pro adds AI split bookings for complex, multi-line documents (the most popular tier); and Enterprise adds organization-wide approval workflows, SSO, and multi-entity control. Plans start at €750/month, billed annually (net); monthly billing is available at a surcharge. Booking-line volume can be scaled up as you grow, and a one-time onboarding fee applies. Pricing for companies with in-house accounting departments is available on request.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Finmatics
Founded
2016
Country
Austria
Website
www.finmatics.com/en/
Vendor Details
Company Name
Photon Commerce
Country
United States
Website
www.photoncommerce.com
Product Features
Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
No
Billing & Invoicing
No
CPA Firms
No
Cash Management
No
Cryptocurrency Support
No
Expense Tracking
No
Fixed Asset Management
No
Fund Accounting
No
General Ledger
No
Government
No
Multi-Currency
No
Nonprofits
No
Payroll Management
No
Project Accounting
No
Purchase Orders
No
Tax Management
Yes
Accounts Payable
Approval Process Control
Yes
Bank Reconciliation
No
Cash Management
No
Check Writing
No
Duplicate Payment Alert
Yes
Fraud Detection
Yes
General Ledger Entry
No
Vendor Management
No
Bookkeeping
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
No
Billing & Invoicing
No
Cash Management
No
Collections
No
Expense Tracking
No
Fixed Asset Management
No
General Ledger
No
Payroll
No
Revenue Recognition
No
Spend Management
No
Tax Management
Yes
Data Extraction
Disparate Data Collection
Yes
Document Extraction
Yes
Email Address Extraction
No
IP Address Extraction
No
Image Extraction
Yes
Phone Number Extraction
No
Pricing Extraction
Yes
Web Data Extraction
No
Product Features
Accounts Payable
Approval Process Control
No
Bank Reconciliation
No
Cash Management
No
Check Writing
No
Duplicate Payment Alert
No
Fraud Detection
No
General Ledger Entry
No
Vendor Management
No