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Finly Reviews & Product Details

Harish A.
HA
Seniour executive
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Finly?

Being a cloud based software I am able to access the system remotely and contribute to my team. Moreover the option to login using your google SSO login makes it seamless and secure to access. Raising a request for purchase consists of a few clicks and before I approve any requests for purchase I am able to see the budget leftover to make my spend decision. What used to take me around 15 min using email & spreadsheets now takes me about a minute and the system ensures the follow ups & reminders and automatically done so that we don't waste our time on that. Review collected by and hosted on G2.com.

What do you dislike about Finly?

It does what I was looking for so nothing in particular I can think of at this point. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

"- Purchase requests are raised in less than half the time.

- All reminders & follows up are done by the system without my involvement.

- Simplifies the decision making process when I am supposed approve a request for purchase." Review collected by and hosted on G2.com.

Finly Overview

What is Finly?

Sage AP Automation (Formerly Finly) ensures CFOs & Finance Teams gain complete control & visibility over payables. All of this while increasing the Finance Teams' productivity by over 80% by automating manual & repetitive operations and by simplifying remote collaboration within Finance Teams, through a powerful Finance Communication Framework. Streamline invoice approvals, automate reminders, auto-update GLs on Accounting Systems, ensure audit compliance & governance with a system designed & built for Finance Teams. All of this while increasing the Finance & Procurement Teams' productivity by over 80% by automating manual & repetitive operations and by simplifying remote collaboration within all Teams, through a powerful Purchase Communication Framework. Our value proposition to Finance & Purchasing Teams: - Complete Control via Robust Governance & Compliance Framework - Complete Visibility via Analytics & Insights - Increased Productivity with tools & bots to automate repetitive & manual efforts - Accessibility by allowing Purchasing teams to collaborate via Finly's Communication Framework Streamline invoice approvals, automate reminders, auto-update GLs on Accounting Systems, ensure audit compliance & governance with a system designed & built for Finance Teams.

Finly Details
Discussions
Finly Community
Languages Supported
English
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Product Description

Finly is designed to simplify business spend and expense management by providing finance teams with tools and data to get a better insight into their spend.


Seller Details
Year Founded
2015
HQ Location
Remote, IN
LinkedIn® Page
www.linkedin.com
15 employees on LinkedIn®

Veekshith R.
VR
Overview Provided by:
#Emerge50 Winner | Enabling CFOs to automate & govern Accounts Payable

Recent Finly Reviews

CA Abhishek J.
CJ
CA Abhishek J.Mid-Market (51-1000 emp.)
4.0 out of 5
"It was Amazing"
It's a great cloud based accounting software. That helps collaboration between different departments of a company, like Finance, Purchase, sales. I...
Kavya S.
KS
Kavya S.Enterprise (> 1000 emp.)
5.0 out of 5
"No more follow ups. Vendor relationship has greatly improved."
There have been a couple of instance wherein frustrated Vendors have not delivered their service on time because of payments not made on time. The ...
Syed T.
ST
Syed T.Enterprise (> 1000 emp.)
5.0 out of 5
"Streamlined our process extensively"
Since we have a lot of employees and hierarchies in the organisation we thought a system would have to take a lot of time to streamline the process...
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Finly Media

Finly Demo - Scalable Procurement & AP System
Designed for simplified collaboration for all your puchases.
Finly Demo - Analytics
Finly offers an intuitive dashboard that is configurable as per your business needs to view payables across departments & organizations in the case of a multi entity setup.
Finly Demo - Finly Invoices
View Invoices across the organization. Search and filter based on multiple criteria.
Finly Demo - Forecast
View upcoming invoices to be cleared based on various criteria & roles. View impact on cash flow based on the payments to be made.
Finly Demo - User Task Dashboard
View Actionables & tasks to complete based on roles & permissions.
Finly Demo - Streamline Purchases & Control Spend with Advanced Automation
Our intelligent 5-Way Matching Reconciliation System with smart collaboration tools can ensure nothing slips from the purview of the Finance Team.
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17 out of 18 Total Reviews for Finly

4.7 out of 5
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17 out of 18 Total Reviews for Finly
4.7 out of 5
17 out of 18 Total Reviews for Finly
4.7 out of 5
G2 reviews are authentic and verified.
CA Abhishek J.
CJ
Chartered Accountant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic Review from User Profile
What do you like best about Finly?

It's a great cloud based accounting software. That helps collaboration between different departments of a company, like Finance, Purchase, sales. It does that way smoothly. Review collected by and hosted on G2.com.

What do you dislike about Finly?

Just its pricing, I think it cost much more than what its offering Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

It's helps me make decision quickly. Review collected by and hosted on G2.com.

Indresh M.
IM
Senior
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finly?

The user experience is great. We spent very little time in the training process all thanks to the simplicitiy of the interface. We are able to comment & communicate back and forth in regards to Purchase Order, Invoice or any other transaction related document with the concerned stakeholder through the system. This simplifies the reconciliation process during audit times. The fact that you can access the system through the cloud helps us to remotely use the system and our work remains unaffected. All in all great collaboration system for purchases in the company. Review collected by and hosted on G2.com.

What do you dislike about Finly?

Nothing as of Now it is simple easy and effective tool Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

- All invoices are in a single place.

- There is no back and forth on each of the transactions.

- All communication & collaboration on all purchases are taking place Review collected by and hosted on G2.com.

Syed T.
ST
Senior accountant
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finly?

Since we have a lot of employees and hierarchies in the organisation we thought a system would have to take a lot of time to streamline the process. However we were able to start using the system within few weeks and the process was completely streamlined. We are now able to scale much faster as a business on the purchasing & accounts payable side with clearn KRAs and KPIs. Review collected by and hosted on G2.com.

What do you dislike about Finly?

All good so far, No much issues found till date. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

Scalable process which is able to meet all our needs when it comes to our spend in the organisation. Team likes it Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finly?

Generally when a new system is implemented there is a lot of time and effort involved in the adoption & training process. I have seen this in companies where in systems & ERPs like SAP, Oracle were implemented and the there were months of involvment in the project. With Finly it was just a couple of weeks and any requirement we had was easily configurable from the front end through a support desk & consultant they had assigned to us. The training process involved videos and a self help guide built into the front end which made the process productive in terms of adoption. Kudoes the team which has designed this. Review collected by and hosted on G2.com.

What do you dislike about Finly?

Cannot process payment in international currency. However we did not find this option in any other system as well. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

Streamlined process and faster transactions for any purchases Review collected by and hosted on G2.com.

Rehmaan H.
RH
Finance Executive
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Finly?

"The fact that all these invoices are not in your mailbox makes the job very simple. All the invoices can be found in a single place and the process for gaining approvals is straightforward with the policy system Finly has in its product. Any invoices can be easily search for and retrieved. Reminders and followups which are unproductive otherwise are taken care of.

Instead of getting multiple emails for approvals that generally end up getting lost among other emails finly simplifies the approval processes as well" Review collected by and hosted on G2.com.

What do you dislike about Finly?

Very straightforward system. Easy to use. Good support. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

Centralised invoices and less dependency on emails for viewing all invoices that are to be approved. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Finly?

Thanks to Finly there is good and clear visibility on all transcations and which category it falls under. I am able to pick the right category that the spend is falling under and choose from a dropdown. Previously I had to refer another sheet to get the general ledget code for a category and fill it up in a spreadsheet. Now its a click away to select the category and upon approval it parks itself in the right GL in the accounting system. Invoice Coding has simply gotten very easy all thanks to Finly Review collected by and hosted on G2.com.

What do you dislike about Finly?

Good and easy system, easy to remember all activities Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

GL coding has gotten simpler and the entry into accounting system is completely automated. Review collected by and hosted on G2.com.

Kavya S.
KS
Tax Associate
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Finly?

There have been a couple of instance wherein frustrated Vendors have not delivered their service on time because of payments not made on time. The lack of coordination with the finance team and few communication gaps between us and the finance team led to these failed payouts. Vendors were frustrated and eventually cut of their service which impacted our brand and the relationship we have with them. It also affected some of our business objectives. With Finly we are able to process these payments on time and have clear visibility on the status of the transaction Review collected by and hosted on G2.com.

What do you dislike about Finly?

Nothing I can think of right now, everything is good Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

Vendor Relationship by ensuring payments are on time Review collected by and hosted on G2.com.

Nikhil B.
NB
HR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Finly?

Every purchase order & invoice is right at our fingertips with the filter & export functionality. Coding the invoices is to the category in the ERP. Finly's customer service is professional & very responsive. The response time and patience is appreciated. They have mastered the way purchasing softwares talks to Accounts Payable and simplified the process for us. Review collected by and hosted on G2.com.

What do you dislike about Finly?

Good experience. No downsides in digitising your process. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

Visibility & elimination of manual, repetitive operations. Review collected by and hosted on G2.com.

Ramdas I.
RI
Assistant Director Of Finance
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Finly?

Easy to use system unliked clunky financial ERPs & software I have used in the past. Very intuitive and cheerful interface & experience. Review collected by and hosted on G2.com.

What do you dislike about Finly?

So far I have not found anything I dislike about Finly. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

The invoice processing is seamless. Ensure approvals are audit-friendly. It has saved a lot of time for my team in getting approvals for processing the invoices without the need to follow up with the concerned team or person constantly.

My manager has better visibility into the spend we incur across our division. Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Finly?

"Easy to use and get started

Friendly support team

Met all requirements we had" Review collected by and hosted on G2.com.

What do you dislike about Finly?

Nothing that I can think of. Does what’s intended. Review collected by and hosted on G2.com.

What problems is Finly solving and how is that benefiting you?

Prior to Finly, we managed all records or payables over spreadsheets, wherein all payables & purchases were tracked manually. There were days where in we missed had late payments & incurred penalties.

With Finly we have visibility & are able to track all the invoices, their current status, due date for payments etc, without contacting Finance department. Review collected by and hosted on G2.com.