Best Software for 2025 is now live!
Show rating breakdown
Save to My Lists
Paid
Claimed
Optimized for quick response

Growfin Reviews & Product Details

Sachin G.
SG
Team Lead
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

It's very easy to use growfin and manage outstanding invoices. It also helps a lot that we can use it to create automated emails but use the promise to pay feature in order to intervene on any of these emails Review collected by and hosted on G2.com.

What do you dislike about Growfin?

Nothing of note comes to my mind right now. Review collected by and hosted on G2.com.

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

It massively helps us as a business to chase debts and outstanding payments which have been a big issue with the business for some time. This way, each individual rep can stay on top of their clients debts and chase them when appropriate and we have a fixed process now in place Review collected by and hosted on G2.com.

Growfin Overview

What is Growfin?

Growfin is an AI-powered AR Automation Platform that delivers faster collections and cash application. Growfin achieves this by centralizing AR data from ERP, CRM, and bank accounts, and streamlining the collections process through workflow automation, collaborative workflows, customer self-service and real-time analytics. Take advantage of Growfin's AI to predict at-risk accounts early, and automatically match payments to remittances in any format - email, PDF, images or XLS. Key benefits our customers have realized include: - 20% Reduction in DSO - 60% Lesser Manual Effort - 27% Faster Cash Flow - 80% Automated Remittance Extraction - 75% Accurate Payment Matching Get in touch with us to learn more.

Growfin Details
Product Website
Languages Supported
English
Show LessShow More
Product Description

Build smart and collaborative collection strategies, get real-time visibility on your receivables, and automate payment reminders.

How do you position yourself against your competitors?

Growfin positions itself as the smartest AR software in the market, specifically designed for B2B finance teams dealing with high volumes of invoices. What sets it apart is the seamless blend of automation, intelligence, and user-centric design, focusing on drastically reducing manual effort and improving cash flow.

Growfin provides deep, specialized features such as real-time risk assessment of accounts, personalized follow-up strategies, and an AI-driven cash application process.


Seller Details
Seller
Growfin
Company Website
Year Founded
2020
HQ Location
Wilmington, US
Twitter
@growfinapp
174 Twitter followers
LinkedIn® Page
www.linkedin.com
74 employees on LinkedIn®
Description

Growfin is the modern accounts receivable automation software that helps enterprises accelerate cash collections and makes cash flows more predictable by giving real-time visibility into receivables, making collections smarter and more collaborative, and automating manual processes.


Mahmuda C.
MC
Overview Provided by:

Recent Growfin Reviews

Karthi V.
KV
Karthi V.Mid-Market (51-1000 emp.)
5.0 out of 5
""Smarter, Faster Accounts Receivable Management""
Growfin is an absolute solution for all our everyday receivable management needs .Their roburst team assisted in quictk setup and data migration . ...
kishan K.
KK
kishan K.Mid-Market (51-1000 emp.)
4.5 out of 5
"This platform easy and very helpful."
I like this platform which focuses on streamlining revenue operations & helping businesses manage their finances more effectively.
Fritz V.
FV
Fritz V.Mid-Market (51-1000 emp.)
4.5 out of 5
"AR all in one place"
You can segment your customers and have different follow up steps/strategies for each segment Accounts can be handled at a parent level if all AP ...
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

Growfin Media

Growfin Demo - Collaborate from where you are
Finance, sales or customer success can now collaborate from their favorite tools to collect efficiently and seamlessly.
Growfin Demo - Bird's eve visibility into the health of your AR
Know where your collection process stands today. Get the big picture and an up-close look at your AR metrics.
Growfin Demo - Replace your tracker spreadsheet with a real- time dynamic AR dashboard
No more checking your spreadsheet notes and your inbox for last contacted date before you follow up. Have all your information in one place.
Growfin Demo - Predictable Cash Inflow
Get trends on sales, outstanding and cash collected MoM. Growfin understands the past payment behavior of every customer and predicts cash inflow for a month.
A quick overview of Growfin and how it can help you.
Play Growfin Video
A quick overview of Growfin and how it can help you.

Official Downloads

Answer a few questions to help the Growfin community
Have you used Growfin before?
Yes

59 out of 60 Total Reviews for Growfin

4.5 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.
59 out of 60 Total Reviews for Growfin
4.5 out of 5
59 out of 60 Total Reviews for Growfin
4.5 out of 5

Growfin 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

Overall Review Sentiment for GrowfinQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
Log In
Want to see more insights from verified reviewers?
Log in to view review sentiment.
G2 reviews are authentic and verified.
Karthi V.
KV
Senior Finance Executives
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

Growfin is an absolute solution for all our everyday receivable management needs .Their roburst team assisted in quictk setup and data migration .

It has an attractive dashboard which gives insights of all the information needed for for our collection management automation . It saves time and cost reducing manual errors and increased our everday productivity .

Also we have seen a quicker payment cycles , reduced outsatndings and improved cash forecasting and enchanced customer experience by integrating self service portal and improving dispute resolution.

They have a responsive support team to assist our timely queries as well . Review collected by and hosted on G2.com.

What do you dislike about Growfin?

However, occasional technical issues are common, but they are quickly resolved by the company's strong and responsive customer support team. Review collected by and hosted on G2.com.

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

Growfin has solved many problmes like Reducing Manual Errors , Time Consuming Tasks due to incorrect data , Ineffeient workflows , Delayed Payments , Poor Customer Relationships , Inefficient dispute resolution system and diffiulty in scaling AR processes . Review collected by and hosted on G2.com.

Sushma B.
SB
Customer Success Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Growfin?

What I appreciate most about Growfin is its ease of use and intuitive interface. Navigating through the various features feels seamless, which allows me to manage financial processes efficiently. The ease of integration with existing systems is another strong point; I was able to connect it with our current tools without any hassle. Additionally, the customer support has been exceptional, providing prompt responses and helpful solutions to any inquiries. The variety of features available covers a wide range of financial management needs, making it a robust choice for our organization. Review collected by and hosted on G2.com.

What do you dislike about Growfin?

While Growfin offers numerous benefits, there are a few areas for improvement. One of the challenges I've encountered is the implementation process; it could be smoother, especially for teams that are not as tech-savvy. Some features feel underutilized due to the lack of detailed tutorials or onboarding materials. Additionally, while the tool is feature-rich, the frequency of use can sometimes feel overwhelming; a more streamlined approach to feature accessibility would enhance user experience. Review collected by and hosted on G2.com.

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

Growfin addresses several challenges we faced in our financial processes, including inefficient invoice tracking and delays in payments. By automating reminders and providing a clear overview of outstanding invoices, Growfin has significantly reduced the time spent on collections. This efficiency not only enhances our cash flow but also allows our team to focus more on strategic financial planning rather than administrative tasks. Overall, Growfin has improved our financial visibility and operational efficiency. Review collected by and hosted on G2.com.

Fritz V.
FV
Vice President of Analytics and Business Intelligence
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

You can segment your customers and have different follow up steps/strategies for each segment

Accounts can be handled at a parent level if all AP for company is centralized

Responsive and receptive to making product enhancements

Centralized reporting of AR metrics over time, so you can see if you are getting better Review collected by and hosted on G2.com.

What do you dislike about Growfin?

Cloud based platform could be faster to switch through pages and filters Review collected by and hosted on G2.com.

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

Centralizes our AR processes such that we know that all follow is done and done consistently Review collected by and hosted on G2.com.

Alvisia  D.
AD
Accounts receivable specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

The application is very useful for our AR requirements and folks of growfin are very helpful and quick in helping. Also. Implementation of application was very quick and easy.

We use gorwfin frequently. Review collected by and hosted on G2.com.

What do you dislike about Growfin?

Due to changes or upgrades the system changes sometimes leading to customer escalation example emails or follow ups Review collected by and hosted on G2.com.

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

Follow-up to all our clients have become easier and automatic.

Keeping a track record on the payments received.

Managing all the entities under 1 system. Review collected by and hosted on G2.com.

kishan K.
KK
Senior Finance Executive
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

I like this platform which focuses on streamlining revenue operations & helping businesses manage their finances more effectively. Review collected by and hosted on G2.com.

What do you dislike about Growfin?

Sometimes it about website glicth and nothing else about it. Review collected by and hosted on G2.com.

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

It helps us to track our company's AR and send automated mails to customer on payment reminders. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Growfin?

Growfin is easy to use product that provides seamless view of Account receivables. It is vital to be on top of all invoices when leading accounts and Growfin gives clear visibility into all AR invoices. It also integrates with Quickbooks which ensures comprehensive account overview and improves efficiency. Review collected by and hosted on G2.com.

What do you dislike about Growfin?

As Growfin caters to largers companies, it might not be best suited for very custom requirements. Review collected by and hosted on G2.com.

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

Growfin solves our AR visibility and helps us stay on top of outstanding invoices. It eventually imrpoves our cashflow. Their Dashboards and reports are intutive to take business accurate business decision. Review collected by and hosted on G2.com.

Mohd Sadik S.
MS
Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Growfin?

Great to use it on daily basis for accounting, finance, and it helps in timely payment collection and automation of payment follow up Review collected by and hosted on G2.com.

What do you dislike about Growfin?

I have noticed any dislike for this software Review collected by and hosted on G2.com.

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

Is it solving my accounts and finance data, collection payment and automating the follow ups for payments with better reliability and sending invoices. Review collected by and hosted on G2.com.

AM
Collection Specialist
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

I like that everything you need is all in one platform Review collected by and hosted on G2.com.

What do you dislike about Growfin?

When checking on an invoice, you have to start from the beginning and not where you left off Review collected by and hosted on G2.com.

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

The automated messages to the customers has helped Review collected by and hosted on G2.com.

Watan C.
WC
Senior Customer Success Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

I get a complete visibility of accountables and actionables. The number of invoices cleared vs pending and I can specifically focus on my action items. Review collected by and hosted on G2.com.

What do you dislike about Growfin?

Nothing that I have found out now. Will keep exploring. Review collected by and hosted on G2.com.

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

For me working as a CSM, sometimes I don't have a visibility on overdue invocies. We keep a track on account health basis various adoption parameters, but to get a holistic view of account health timely payments is also a factor. Growfin gives me that visibility. Review collected by and hosted on G2.com.

Bridgett C.
BC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Growfin?

We have such a rare way of doing our billing and collections. I love how Growfin has worked with us to customize things to the way we need them. The software is user friendly and the Customer Support has been great. Review collected by and hosted on G2.com.

What do you dislike about Growfin?

The emailing attribute. I hope to see them enhance this feature greatly in the very near future. Review collected by and hosted on G2.com.

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

Most of our collections, involves a timeframe. If you don't dispute items or reach out to client for payment before that timeframe you may lose said monies. It help me to track communications in one spot within an individual invoice, which if vital in our field. Review collected by and hosted on G2.com.