Growfin vs Invoiced
Growfin
growfin.ai
Invoiced
invoiced.comSide by side
| Figure | Growfin | Invoiced |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | — | Yes |
| Plans published | 0 | 1 |
| Spec score · Working Capital Management Software | 7.5 (#7) | 7.9 (#4) |
| Spec score · Collections Software | 7.4 (#12) | 7.7 (#6) |
| Spec score · Accounts Receivable Software | 7.5 (#17) | 7.8 (#11) |
| Company | Growfin’s story says it came alive in 2021 after its founders researched accounts receivable challenges in technology companies. | Invoiced by Flywire is Flywire’s accounts receivable automation platform, and Flywire acquired Invoiced in 2024. |
| Customer portal | Customers can track invoices, payments, and balances, raise disputes, log promises to pay, and share remittance details through its portal. | The self-service portal lets customers view invoices, track payments, pay in local currencies, set up AutoPay, and download receipts and statements. |
| Founded | The company story says Growfin came alive in 2021, and its CEO’s origin-story article says Growfin launched in November 2020. | Flywire was started as peerTransfer in 2009 and founded as Flywire in 2011. |
| Headquarters | Wilmington, Delaware, United States | Flywire is headquartered in Boston, Massachusetts. |
| Integrations | The collections page names Salesforce, HubSpot, and Slack integrations; its ERP page lists NetSuite, FinancialForce, SAP Business One, QuickBooks, Sage Intacct, Tally, Xero, Sage X3, and Zoho Books. | Native integrations include NetSuite, Microsoft Dynamics 365, Sage Intacct, QuickBooks, Xero, and Workday Finance, with 1,000+ additional systems available via API. |
| Security | The privacy policy says Growfin uses technical and organizational measures designed to provide security appropriate to the risk of processing personal data. | The maker states that Invoiced holds PCI DSS Level 1 certification and SOC 2 and GDPR certifications, with AES-256 encryption at rest and TLS 1.3 in transit. |
| Support | The collections page advertises 24x5 customer support. | Prospective customers can schedule a live 25-minute product demo with a product expert and ask questions about workflows, integrations, and payment requirements. |
Plans
In their own words
Growfin
Growfin is a web-based accounts receivable platform for finance teams, using Behavioral AI to automate collections and cash application. Collections tools cover account prioritization, payment risk detection, automated follow-ups, workflow routing, and dispute handling. Teams can configure follow-ups, escalations, and assignments to respond to real-time signals, while customer health scores use 15+ live factors, including risk and broken promises to pay. For cash application, Growfin says its AI reads remittance data, invoices, and payment signals to match and apply payments in real time. Forecasts cover cash flow, DSO, payment timelines, and collections; the company says these predictions have 90%+ accuracy. A customer portal lets customers view invoices, payments, and balances, raise disputes, record promises to pay, and share remittance details. Listed ERP integrations include Oracle NetSuite, FinancialForce, SAP Business One, QuickBooks, Sage Intacct, Tally, Xero, Sage X3, and Zoho Books; Salesforce, HubSpot, and Slack support collaboration and collections workflows. Pricing is on request, and the pages direct visitors to book a demo. Growfin was founded in 2021.
Invoiced
Invoiced by Flywire is a web-based invoice-to-cash platform for B2B finance teams, combining accounts receivable automation with embedded global payments. It automates invoicing, collections, cash application, payment posting, reporting, and forecasting. AI features support adaptive collections outreach, payment matching, remittance processing, and alerts for accounts at risk. Reporting includes real-time invoice-to-cash views, collection forecasts, multi-entity reports, and prebuilt or custom options.
Customers can pay through methods including ACH, Bacs, SEPA, direct debit, credit cards, and virtual cards. A customer portal supports invoice viewing, payment tracking, local-currency payments, AutoPay, and receipt and statement downloads. Native integrations include NetSuite, Sage Intacct, Microsoft Dynamics, QuickBooks, Xero, and Workday; Integration Studio connects to 1,000+ apps through an API. The maker positions it for upper-mid-market and enterprise B2B teams. Access is through a responsive web app, and an API sandbox is available. Pricing is on request and depends on requirements and platform use.