Finmatics vs TurboDoc
Finmatics
finmatics.comTurboDoc
turbodoc.ioSide by side
| Figure | Finmatics | TurboDoc |
|---|---|---|
| Price from | €750/mo | $6/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 5 | 3 |
| Spec score · Invoice Approval Software | 8.5 (#8) | 7.5 (#27) |
| API | Finmatics provides a REST API with customer-specific Redoc and Swagger documentation and a downloadable Postman collection. | The maker links to a public TurboDoc API repository, whose README describes a cloud-based AI service for document parsing, OCR, and data extraction. |
| Integrations | The company lists DATEV, BMD, RZL, Agenda, Microsoft Business Central, SAP, and custom API connections. | Gmail and Outlook can collect invoices and receipts from connected mailboxes for automatic processing. |
| Purpose | Finmatics provides AI-powered accounting automation for accounting firms and companies. | TurboDoc uses AI to extract information from invoices, receipts, and bank statements, with email import and CSV/XLS export. |
| Security | Finmatics hosts data in European ISO 27001 and ISO 9001 certified data centers with regular IT-security audits. | The homepage says TurboDoc uses AES256 encryption, stores data on servers in the USA, and does not store or share information without consent. |
| Support | Finmatics directs technical questions to email support and its help center; the GetApp listing also identifies phone, email, knowledge base, chat, and training support options. | The FAQ says all users receive technical support, while Pro subscribers receive premium, faster and prioritized assistance. |
Plans
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
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.