finway

4.2 (30)
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Spend management and accounts payable software for SMEs

About finway

finway is a spend management software designed to help small and midsize enterprises (SMEs) streamline budgeting, accounting, and invoicing operations via a unified portal. The platform enables employees to process one-time or recurring payments, track expenses, generate custom reports, and automate workflows in real-time.

It offers a variety of features including an interactive dashboard, cost analysis, data export, optical character recognition, user management, GDPR compliance, and more. finway allows managers to gain insights into business expenses and budgets across multiple departments, cost centers, suppliers, or employees. It also lets accounting teams compare transaction data with the information transferred to the accounting department, conduct audits, and receive notifications for missing invoices and due payments via email or text messages.

finway supports integration with Datev application, which lets organizations scan and upload travel expense documents. It enables administrators to create and manage supplier contracts and software subscriptions and directly compare incoming invoices with the contract terms and conditions.


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finway Software - finway search cost center
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Starting Price

EUR 199.00
month
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Pricing Options

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Reviews

Overall rating

4.2 /5
(30)
Value for Money
4.2/5
Features
3.8/5
Ease of Use
4.3/5
Customer Support
4.6/5

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Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 30
Nikolaos
Nikolaos
Overall rating
  • Industry: Computer Games
  • Company size: 51–200 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Overall a better solution as many others out there

Reviewed on 19/10/2021

All good so far .

All good so far .

Pros

It has the best (that I have so far tested) exported that that match 1-1 in Datev import. Thus saving time from working extra in Datev

Cons

Still evolving, so many things are missing or being added right now. Nothing dramatic though

Verified Reviewer
Overall rating
  • Industry: Information Technology & Services
  • Company size: 51–200 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 1.0 /10

Good functionalities, but buggy mobile app and intransparent dashboard and workflows

Reviewed on 21/06/2023

Pros

Many features compared to other tools we have evaluated

Cons

Lots of improvement needs to be done. Its not logical at all and the app is buggy

Verified Reviewer
Overall rating
  • Industry: Management Consulting
  • Company size: 51–200 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great tool for easy and uncluttered spend management

Reviewed on 14/12/2020

Overall, the tool is a huge relief for everyday tasks related to spend management and increases...

Overall, the tool is a huge relief for everyday tasks related to spend management and increases efficiency - not just for the handling finance department - enormously.

Pros

Since we started using finway, our company's efficiency regarding expense management has increased significantly. Purchase requests and expense reimbursements are easier and, most importantly, much faster to process for both employees and approvers.
Finway itself is very clearly structured and extremely intuitive to use right from the start. Particularly noteworthy functions of the tool are - just to mention two - for example the possibility of carrying out transfers directly from the program or the detailed and extensive evaluation of previous and still available expenses, subdivisible e.g. according to cost centers or employees.
The process of handling the requests itself is very clearly designed so that one never loses the overview at any point in time.
The broad individual support provided by finway during the setup of the software and the roll-out in the company was also very helpful.

Cons

Since finway itself is rather very young, a few minor problems occurred at the beginning. Nevertheless, they were solved very quickly and highly satisfactory.

Verified Reviewer
Overall rating
  • Industry: Packaging & Containers
  • Company size: 51–200 Employees
  • Used Monthly for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Easy & simple tool with lots of potential

Reviewed on 07/12/2021

I like using it for the simple things I have to do with it

I like using it for the simple things I have to do with it

Pros

It's easy and simple to use, and the invoice processing features mostly work well (with some hiccups, but it's improving every week)

Cons

Bugs, long loading times, some missing features about cost assigning etc.

Response from finway

Thanks for your feedback and for trusting in finway. We are working hard on ironing out the hiccups and make finway better every day.

Julian
Julian
Overall rating
  • Industry: Nonprofit Organization Management
  • Company size: 51–200 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Awesome Tool

Reviewed on 07/03/2021

Pros

Finway is very easy to use and the cheapest software I could find for managing purchasing and invoicing processes.

Cons

There is actually nothing I could criticize.

Showing 5 reviews of 30 Read all reviews

finway FAQs

Below are some frequently asked questions for finway.

finway offers the following pricing plans:

  • Starting from: EUR 199.00/month
  • Pricing model: Subscription
  • Free Trial: Available

finway offers a free trial for new users, after which the software is available for €169/month.

finway has the following typical customers:

2–10, 11–50, 51–200, 201–500

finway supports the following languages:

English, German

finway supports the following devices:

Android (Mobile), iPhone (Mobile)

We do not have any information about what integrations finway has

finway offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat

Related categories

See all software categories found for finway.