Show rating breakdown
Save to My Lists
Claimed
Claimed

Top Rated Factura.ai Alternatives

Factura.ai Reviews & Product Details - Page 2

Factura.ai Overview

What is Factura.ai?

Factura.ai is the only accounts payable automation software designed for multi-location and multi-entity businesses. Factura.ai makes workdays easier by: - Automating data entry and coding - Managing the approval workflow - Splitting an invoice across multiple locations / entities - Digitally storing documents for easy searchability - Easily pay your vendors. Whether you have 10 or 200 locations, all invoices get routed to one email address where Factura.ai picks up the location information, sends the invoice to the right approver and the extracted data to the P&L, accurately. Our customers come to us because they face 4 challenges within their business. 1) Their accounts payable team was spending hours inputting data manually from invoices into their accounting system 2) The approval process was manual and it was excruciatingly time-consuming to follow up with employees to ensure they signed off on the invoice. This consistently resulted in their accounting books not closing on time. 3) They were printing thousands of invoices a month and keeping paper copies for auditing purposes. 4) Paying their vendors by check Factura.ai solved all of their challenges: 1) Technology that captures line item invoice data; no manual data entry needed 2) Workflow approval process; the technology keeps track of the status of each invoice and has sped up the approval times. 3) Cloud-based; no need to print any paper. Ever. 4) Pay your vendors by ACH, virtual credit card and by check. The best part is the cash reward when paying your vendors by virtual credit card.

Factura.ai Details
Languages Supported
English
Show LessShow More
Product Description

Invoice management software that helps your multi-unit business reduce costs, time and optimize processes


Seller Details
Year Founded
2014
HQ Location
Toronto Canada
LinkedIn® Page
www.linkedin.com
11 employees on LinkedIn®

B B.
BB
Overview Provided by:

Recent Factura.ai Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Chief Operating Officer"
Incredibly responsive, informed customer support providing dynamic, thorough solutions. Thus far, our experience has been an intelligent, flexible...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Great Invoice Management with Unbelievable Support!"
Easy to train to meet specific invoicing requirements. Factura's ability to read the invoices and accurately code vendors, locations, departments w...
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Chief Financial Officer - Multi Unit Little Caesars Franchisee"
It has cut our manual input time for accounts payable entry by over 50% and streamlined our operations. It also has increased our efficiency and e...
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

Factura.ai Media

Factura.ai Demo - Automated Line Item Coding
Factura.ai extracts and codes line items from invoices
Answer a few questions to help the Factura.ai community
Have you used Factura.ai before?
Yes

21 Factura.ai Reviews

4.9 out of 5
The next elements are filters and will change the displayed results once they are selected.
Search reviews
Popular Mentions
The next elements are radio elements and sort the displayed results by the item selected and will update the results displayed.
Hide FiltersMore Filters
The next elements are filters and will change the displayed results once they are selected.
The next elements are filters and will change the displayed results once they are selected.
21 Factura.ai Reviews
4.9 out of 5
21 Factura.ai Reviews
4.9 out of 5

Factura.ai Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Kotryna K.
KK
Accounts Payable Specialist
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Factura.ai?

Factura.ia is most helpful when there are hundreds of invoices that need to be entered in a timely manner. There is no need to enter invoices one by one. The factura team is always there if there are any questions on customization. Being a new AP software, they are always wanting the best for their customers. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

Since they are new, there are no options for ACH due date customization. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

We do not use Quickbooks online but they have helped us upload all our files to Desktop Quickbooks and it has been wonderful. Review collected by and hosted on G2.com.

PK
Director of Finance & Accounting
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Factura.ai?

Ease of use and customer service has been great. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

Right now I have no complaints to offer. Review collected by and hosted on G2.com.

Recommendations to others considering Factura.ai:

The simplicity of the software and the support level from factura are amazing. I have nothing to complain about and they are looking to make the software better at every opportunity. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

AP automation including coding and workflow for approvals Review collected by and hosted on G2.com.

MP
Controller
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Factura.ai?

Factura.ai is a great company to work with, and their software solution is exceptional and easy to use. We tested Factura.ai over three to four weeks while implementing Sage Intacct. The implementation team was phenomenal and worked well with our Intacct implementation partner.

We thoroughly enjoyed the AI software; we now spend minimal time processing invoices. Thanks to AI-powered invoice capturing, we can complete the same task in one-fifth of the time. I also love the flexibility of Factura.ai; when forwarding invoices, Factura retains a copy of the email, which is super helpful if we need to refer to the email for essential details. Additionally, I like that you can add notes and search invoices by notes as well, fantastic. Teaming up Factura.ai with Sage Intacct was the best decision for the company. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

The dashboard is not as robus, but I don’t expect one software to do everything. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

Customized configuration to meet our needs as a real estate developer; so far, it’s working well. Review collected by and hosted on G2.com.

Verified User in Restaurants
UR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Factura.ai?

Factura.ai was a great addition to our systems. We are a large QSR company that was sorely needing an A/P solution. During our search, we were recommended to look at Factura.ai, and we quickly recognized the potential of this system. From customized solutions to solve multi-unit issues, integration with our current Accounting software, the ability to work with vendors for direct invoice submission all added up to us saving many hours of manual data entry. The support team at Factura.ai is exceptionally responsive and insightful, assisting us with creative solutions for the various issues we threw at them.

I highly recommend anyone looking for A/P automation should check out this product. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

I can't think of anything to dislike. Anything brought up during implementation; be it an an issue or suggestion was quickly reacted to, resolved and implemented. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

We now process almost all our invoices with Factura.ai. Working with vendors, we've managed to virtually go paperless with our A/P processes. The single most significant benefit is in the time savings, from less manual data entry to no longer having to deal with all the paper invoice files.

Recently we have been working with the Factura.ai team to implement credit card receipts to the system and statement reconciliation, which will save us even more time. Review collected by and hosted on G2.com.

JS
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Factura.ai?

User friendly and able to navigate through all the invoices and downloads in a most efficient manner.Greatest AP System ever invented Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

I love it!!! way better than SAP. There is nothing I dislike about it. Review collected by and hosted on G2.com.

Recommendations to others considering Factura.ai:

Buy the service and or change your current system. This is the best AP system Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

No more e-mailing the store managers for approval. No more printing of the invoices and entering in Sage. The benefits of this system is that it is so efficient in the processing of daily High Volume invoices. I also want to add how great it is to for coding, you can save the GL code to a vendor and when reviewing before an upload to the accounting system, you are able to change it if required. It has made my job so much better.

Every Company should use this A/P system.... Review collected by and hosted on G2.com.

MC
Infrastructure Specialist
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Factura.ai?

The customer service is fantastic, always very quick to respond and resolve anything! Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

there were just a few areas when we first started using the product, like being able to quickly delete an invoice. We brought our issue with customer support and they quickly added it! Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

Makes the AP process so much faster and smoother! Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Factura.ai?

The ability to send invoices for all locations at once and amazing support. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

So far everything seems to be working fine. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

Accounts payable processing for multi-unit franchisees. Review collected by and hosted on G2.com.

TE
D
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Factura.ai?

Factura.ai was a gamechanger for us. We are a fast growing QSR company and needed an A/P solution. We tested another solution along side factura.ai and chose factura.ai. Factura.ai exceeded our expectations. They customized solutions that save us countless hours of data entry. The team is extremely responsive and looks for creative solutions to some of our unique needs. I highly recommend this product. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

There is nothing to dislike; it is a phenomenal product. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

We process nearly all our invoices through factura.ai, and they feed directly into Quickbooks Online. The most significant benefit is the time-saving aspect of factura.ai fetching invoices directly from the source. Review collected by and hosted on G2.com.

Connie W.
CW
Administrative Assistant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Factura.ai?

factura.ai reads all the information that comes in from the invoice as a PDF. It also allows us to make any changes. Some customers have their nuances that don't follow specific rules, and this enables us to make those changes for a few without having to change the entire system. This also allows for less human error as it reads everything from the invoice. Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

The team at factura.ai quickly remedied any issues we had while testing the system. When uploading to our accounting software, we realized it was set up differently than others. Still, they could adjust our options to allow it to upload as we required it to into our accounting software program. Review collected by and hosted on G2.com.

Recommendations to others considering Factura.ai:

This system assisted us with automating our AP process while allowing us to have the ability to make changes where needed for specific customers. Exporting to our accounting software is immediate, and we can continue processing our records seamlessly. Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

We were doing all our entering of information manually. This was time-consuming and left us open to errors. We have realized with a more automated process; all the invoices are waiting in queue to be processed. We can see what is waiting, what has been checked, and what has been exported. If there has been an error along the way, we can quickly revert an invoice to a previous state, correct it and reupload. Review collected by and hosted on G2.com.

AA
Accounting
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Factura.ai?

Simple platform, easy to onboard to our multi unit locations, everything we need is in one place -- image, approval, audit trail, archives Review collected by and hosted on G2.com.

What do you dislike about Factura.ai?

I talk to people less -- I don't have to call everyone looking for invoices, and managers aren't calling me for copies of past invoices Review collected by and hosted on G2.com.

What problems is Factura.ai solving and how is that benefiting you?

Clear trail of invoice management and approval. Everyone's on the same page, no suprise expenses that management didn't see. Fewer missing invoices, faster and easier submission of invoices by locations, and a better approval process. Review collected by and hosted on G2.com.