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Growfin description
Growfin is an accounts receivable automation software designed for mid-sized to large B2B companies in industries like supply chain, healthcare, and software. It helps businesses streamline their collections process, automate cash application, and gain real-time visibility into their accounts receivables. Growfin aims to reduce manual effort, minimize Days Sales Outstanding (DSO), improve cash flow, and decrease bad debts. It integrates with existing ERP and CRM systems for centralized financial data management.
What companies are using Growfin?
Who is Growfin best for
Growfin helps mid-sized to large B2B companies automate accounts receivable, improving cash flow and reducing DSO. Users praise its consolidated financial view and automated reminders. However, some find the initial setup time-consuming and experience slow performance. Growfin integrates with existing ERP systems, though with a synchronization delay.
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Best fit for medium-sized businesses seeking AR automation.
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Ideal for B2B companies in supply chain, healthcare, or software.
Growfin features
Supported Growfin automates cash application, matching payments to invoices, reducing manual work. |
Supported Growfin supports ERP system integration, but with a 20-minute synchronization delay. |
Supported Growfin supports automated dunning for overdue invoices, streamlining collections. |
Supported Growfin automates accounts receivable processes, such as collections and invoice tracking. |
Supported Growfin offers real-time visibility into cash inflow and AR metrics, enabling businesses to monitor collections progress. |
Supported Growfin offers real-time reporting for cash flow and analytics. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Growfin reviews
We've summarised 50 Growfin reviews (Growfin G2 reviews) and summarised the main points below.
- Detailed reports and clear data presentation.
- Provides a consolidated view of all customer financials and outstanding invoices.
- Easy-to-use interface and friendly layout.
- Automated email reminders and follow-ups.
- Excellent customer support.
- Slow performance and buffering issues when navigating and checking details.
- Difficult integration with Slack.
- Limited email templates and less appreciative tone in pre-set sentences.
- Manual payment updates are tedious.
- Repetitive features.
- Too much customer information.
- Sync issues and delays with data integration from platforms like Zoho.
- Limited invoice management capabilities (e.g., marking as paid, write-off).
- Initial setup can be time-consuming for junior employees.
Growfin pricing
The commentary is based on 2 reviews from Growfin G2 reviews.
Growfin's pricing details are not readily available. While some users appreciate the extensive features, others mention some functionalities come at an additional cost. More information on pricing tiers and add-ons is needed.
Users sentiment
Growfin alternatives
FinFlohAutomates accounts receivable, reducing outstanding invoices and improving cash flow.Read more
Growfin FAQ
Growfin is accounts receivable automation software for mid-sized and large B2B companies. It automates cash application, dunning, and collections, providing real-time AR visibility and reporting. Growfin integrates with ERP and CRM systems to centralize financial data, reduce DSO, and improve cash flow.
What is Growfin and what does Growfin do?
Growfin is accounts receivable automation software for mid-sized and large B2B companies. It automates cash application, dunning, and collections, providing real-time AR visibility and reporting. Growfin integrates with ERP and CRM systems to centralize financial data, reduce DSO, and improve cash flow.
Growfin integrates with existing ERP and CRM systems, enabling centralized financial data management. However, some users have reported synchronization delays with platforms like Zoho. More details on specific integrations are not readily available.
How does Growfin integrate with other tools?
Growfin integrates with existing ERP and CRM systems, enabling centralized financial data management. However, some users have reported synchronization delays with platforms like Zoho. More details on specific integrations are not readily available.
Top Growfin competitors include Kolleno, Gaviti, Tesorio, and Invoiced. These alternatives offer similar accounts receivable automation features, helping businesses streamline collections, automate cash application, and improve cash flow.
What the main competitors of Growfin?
Top Growfin competitors include Kolleno, Gaviti, Tesorio, and Invoiced. These alternatives offer similar accounts receivable automation features, helping businesses streamline collections, automate cash application, and improve cash flow.
Growfin appears to be a legitimate AR automation software. User reviews highlight its detailed reports and ease of use. However, potential users should be aware of reported slow performance and integration challenges before committing.
Is Growfin legit?
Growfin appears to be a legitimate AR automation software. User reviews highlight its detailed reports and ease of use. However, potential users should be aware of reported slow performance and integration challenges before committing.
Growfin does not publicly disclose pricing information. Contact their sales team for a customized quote based on your specific business needs and requirements.
How much does Growfin cost?
Growfin does not publicly disclose pricing information. Contact their sales team for a customized quote based on your specific business needs and requirements.
Growfin's customer service receives positive feedback. Users highlight the helpfulness and responsiveness of the support team, particularly the customer success leads. They appreciate the personalized assistance and proactive problem-solving. While some initial setup challenges were noted, the ongoing support seems to effectively address user issues.
Is Growfin customer service good?
Growfin's customer service receives positive feedback. Users highlight the helpfulness and responsiveness of the support team, particularly the customer success leads. They appreciate the personalized assistance and proactive problem-solving. While some initial setup challenges were noted, the ongoing support seems to effectively address user issues.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.