finway
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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Reviews
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- Industry: Computer Games
- Company size: 51–200 Employees
- Used Daily for 1-5 months
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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
- Industry: Information Technology & Services
- Company size: 51–200 Employees
- Used Weekly for 1-5 months
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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
- Industry: Management Consulting
- Company size: 51–200 Employees
- Used Weekly for 1-5 months
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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.
- Industry: Packaging & Containers
- Company size: 51–200 Employees
- Used Monthly for 6-12 months
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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.
- Industry: Nonprofit Organization Management
- Company size: 51–200 Employees
- Used Daily for 1-5 months
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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.
finway FAQs
Below are some frequently asked questions for finway.Q. What type of pricing plans does finway offer?
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.
Q. Who are the typical users of finway?
finway has the following typical customers:
2–10, 11–50, 51–200, 201–500
Q. What languages does finway support?
finway supports the following languages:
English, German
Q. Does finway support mobile devices?
finway supports the following devices:
Android (Mobile), iPhone (Mobile)
Q. What other apps does finway integrate with?
We do not have any information about what integrations finway has
Q. What level of support does finway offer?
finway offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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