DocuClipper Invoice Approval vs Finmatics
DocuClipper Invoice Approval
docuclipper.comFinmatics
finmatics.comSide by side
| Figure | DocuClipper Invoice Approval | Finmatics |
|---|---|---|
| Price from | $20/mo | €750/mo |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 3 | 5 |
| Spec score · Invoice Approval Software | 9.1 (#2) | 8.5 (#8) |
| API | The product provides a REST Agent API using personal access tokens, presigned uploads, extraction jobs and JSON result endpoints. | Finmatics provides a REST API with customer-specific Redoc and Swagger documentation and a downloadable Postman collection. |
| Documentation | The help center lists 13 getting-started articles, 13 invoice-and-receipt articles, 21 integration articles, 8 automation articles and troubleshooting content. | The help center includes topic guides for integrations, API setup, workflows, administration, troubleshooting, security, and IT. |
| Encryption | The service states that data uses TLS 1.2 or later in transit and AES-256 encryption at rest in Amazon S3. | Connections use TLS 1.2+ and stored documents and logs use AES-256 encryption. |
| Integrations | DocuClipper supports QuickBooks Online and Desktop, Xero, Sage, Quicken, Google Drive, Dropbox, Box, OneDrive, email forwarding, and an API. | The company lists DATEV, BMD, RZL, Agenda, Microsoft Business Central, SAP, and custom API connections. |
| Rating on Capterra | 4.4 out of 5 from 18 reviews | 4.5 out of 5 from 2 reviews. |
| Rating on G2 | 4.7 out of 5 from 124 reviews | 0 out of 5 from 0 reviews. |
| Security | Customer documents use AES-256 encryption at rest and TLS 1.2 or higher in transit; DocuClipper maintains a SOC 2 Type II report. | Finmatics hosts data in European ISO 27001 and ISO 9001 certified data centers with regular IT-security audits. |
Plans
DocuClipper Invoice Approval
- Starter$20 a month
- Business$111 a month
- Enterprise$360 a month
Finmatics
- Onboarding & Setup€1.99, paid once
- Basis Fin€750 a month
- Plus Fin€900 a month
- Pro Fin€1,050 a month
- Enterprise Fin€1,200 a month
In their own words
DocuClipper Invoice Approval
DocuClipper Invoice Approval extracts invoice data with OCR, routes invoices to rule-based approvers, records decisions, and posts approved invoices to accounting systems. Rules can be based on amount, vendor, customer, GL account, expense category, and description or memo, with either all-approver or any-approver logic. Before routing, it can match purchase orders, validate invoice math, and detect duplicate invoice numbers. The invoice timeline records submissions, requirements, votes, users, timestamps, rules, and comments. Integrations include QuickBooks Online and Desktop, Xero, Sage, Quicken, cloud storage services, email forwarding, and an API. The web application works in modern browsers; iOS and Android apps support document capture and upload. Customer documents are encrypted at rest with AES-256 and in transit with TLS 1.2 or higher, and the company maintains a SOC 2 Type II report. The service approves and posts invoices but does not pay vendors. There is no free plan; a 14-day trial is listed, and Starter costs $20 a month billed annually.
Finmatics
Finmatics is accounting automation software for accounting firms and companies. Its system, Fin, captures invoices from paper, scans and electronic files, then separates, sorts and extracts their data. It creates traceable booking suggestions based on booking history and tax logic, and learns from past bookings, user feedback and configured rules. Supported inputs include PDF, TIFF, JPEG, PNG, ZUGFeRD 2.0, XRechnung, ebInterface, UBL and IDoc FI. Integrations include DATEV, BMD, RZL, Agenda, Microsoft Business Central and SAP; a REST API is available, with limits of 1,000 general requests and 100 authentication requests per minute. Conditional routing, delegated approvals, an approval audit trail, mobile approval and invoice comments are listed capabilities. Finmatics supports Android, iOS and web. The listed Basis Fin plan is €750 a month, billed annually in advance; monthly payment is available with a 20% surcharge. A demo is limited to 30 days before a paid contract. Finmatics states that it processes data under GDPR Article 28 and uses encryption, role-based permissions, optional two-factor authentication and SSO.