Settle vs Yooz

Settle is web-based accounts payable automation for high-growth consumer and CPG brands. It captures invoice data, matches bills to purchase orders, routes approvals, and schedules payments without manual data entry. Approval rules can be based on vendor, amount, or accounting category, with single-step or multi-tier workflows. Payment methods include ACH, paper checks, domestic wires, and international payments in 40+ currencies. Approved bills and payments can sync with QuickBooks Online, NetSuite, Xero, and Finaloop. The free Launch plan includes unlimited seats and transactions; international wires cost $15.00. Accelerate costs $199 a month, billed monthly, and includes free international wires, a dedicated success manager, and white-glove onboarding support. Settle Working Capital offers non-dilutive funding with flexible 30–120 day repayment terms. Launch also includes procurement, landed costs, AI invoice data extraction, bills of materials, vendor management, and automated W-9/W-8 collection. Settle states that it is SOC 2 Type II Certified.

Yooz automates accounts payable and purchase-to-pay work, covering invoices from intake through approval, payment, and reconciliation. Its invoice tools use proprietary AI for capture, coding, exporting, and approval. Invoices can be submitted by email, web upload, drag-and-drop, or mobile photo. Yooz can match invoices with purchase orders and receipts, and flag duplicates or mismatches. It supports approval workflows and connects with more than 250 financial packages and ERP systems worldwide.

Yooz lists encryption in transit and at rest, single sign-on, multi-factor authentication, and role-based access controls. The company says it holds ISO 27001 and SOC 1 Type 2 certifications, and hosts client data in Microsoft Azure data centers in Europe. Gold Edition includes chat, email, and phone support, described as unlimited, plus four hours of complimentary setup. The service is available 24/7 on PC, tablet, or mobile, with Android, iOS, and web platforms. Pricing is on request and based on processed document volume; a 15-day trial is available, but there is no free plan.