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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

SimplBooks offers improved accessibility, simplified log-in processes, automated operations, and a more streamlined system. It requires no installation and can be accessed immediately through a web interface. This online capability enables users to connect from any device and location. With shortcut features, efficiency is boosted significantly. The software comes pre-configured with a chart of accounts already set up for users. Additionally, users can automatically add new clients directly from the invoice view, among various other helpful options. Before making a commitment, users can try out the software to determine if it meets their requirements. If they find it unsuitable, opting out is straightforward, and users can easily export their data. Picture a scenario where you are on a business trip, lacking a computer but needing urgent access to accounting software to send an invoice; SimplBooks facilitates this with quick and convenient access via smartphones or tablets. Furthermore, the platform utilizes a secure HTTPS server connection, a standard that is widely trusted by financial institutions. This level of security ensures that your sensitive information remains protected while you manage your accounting needs on the go.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

DATEV Yes 
Microsoft Dynamics 365 Yes 
SAP ERP Yes 
SAP S/4HANA Yes 

Integrations

DATEV No 
Microsoft Dynamics 365 No 
SAP ERP No 
SAP S/4HANA 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

€14.90 per month
Free Trial Yes 
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 Yes 
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

SimplBooks

Founded

2011

Country

Estonia

Website

www.simplbooks.ee/en/

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

Accounting

Accounts Payable No 
Accounts Receivable No 
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 No 

Alternatives

Alternatives

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