Finmatics vs Wrapbook AP Invoice Approval Workflows
Finmatics
finmatics.comWrapbook AP Invoice Approval Workflows
wrapbook.comSide by side
| Figure | Finmatics | Wrapbook AP Invoice Approval Workflows |
|---|---|---|
| Price from | €750/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 5 | 1 |
| Spec score · Invoice Approval Software | 8.5 (#8) | 7.5 (#28) |
| Approval workflows | Invoices can move through configurable one-step or multi-step approval workflows, including from a phone or computer. | Custom routing rules send purchase orders to approvers in a configured order. |
| Founded | Finmatics says it has developed accounting software in Vienna since 2016; LinkedIn lists 2017 as the founding year. | 2018 |
| Integrations | The company lists DATEV, BMD, RZL, Agenda, Microsoft Business Central, SAP, and custom API connections. | Wrapbook lists QuickBooks Online, Sage Intacct, Acumatica, and Oracle NetSuite accounting integrations, plus Hot Budget, Movie Magic, and Showbiz budgeting tools. |
| Purpose | Finmatics provides AI-powered accounting automation for accounting firms and companies. | Wrapbook AP provides AI-powered invoice processing and vendor payments for production accounts payable workflows from purchase order to payment. |
| Security | Finmatics hosts data in European ISO 27001 and ISO 9001 certified data centers with regular IT-security audits. | Wrapbook states that it is SOC 2 Type 2 compliant and uses AES 256-bit encryption at rest, TLS and forced HTTPS in transit, role-based access controls, and multi-factor authentication for employees. |
| 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. | Live customer support is available to account holders 8 AM–7 PM Pacific Time, Monday through Friday, by phone or email; Wrapbook also offers a 24/7 in-account AI assistant. |
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
Wrapbook AP Invoice Approval Workflows
- Production Accounting Suite (required for AP dashboard)Priced on request
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.
Wrapbook AP Invoice Approval Workflows
Wrapbook AP Invoice Approval Workflows has no write-up on Specifiction yet; its figures are above.