AI TOOL PROFILE
Finotor: AI-Based Accounting Software
- Finance and Accounting
- ERP
- Small businesses
- Startups
- Freelancers
- E-commerce merchants
- Company directors
- Finance teams
Pricing
Pricing includes a free Starter plan, a Lite plan (€19-€39/month), a Business plan (€99/month), and a Premium plan (€299/month). A 30-day free trial is available without a credit card.
At a glance
- Best for
- Small businesses, Startups, Freelancers, E-commerce merchants, Company directors
- Key use cases
- E-commerce Financial Tracking, Quarter-End Bookkeeping, Expense Management, International Sales Tax Management
- Integrations
- Stripe, Shopify, WooCommerce, PayPal, Make
- Official website
- Visit finotor official website
How AI is used
Finotor is a cloud-based accounting and financial management platform designed to centralize data from banks and e-commerce tools. It targets small businesses, startups, freelancers, and company directors who need a more automated approach to their bookkeeping.
The software supports the automation of bank reconciliation and receipt processing through OCR technology. It also includes tools for VAT and OSS workflows, multi-currency support, and digital invoicing to help manage international transactions.
Buyers should note that while there is a free starter plan, features like OCR receipt scanning, balance sheets, and profit and loss reports are reserved for the paid Business and Premium tiers.
Users can access the platform via a web browser or a mobile app for Apple and Android devices, which supports scanning receipts into the system.
Key Features
AI-Based Bank Reconciliation
Matches orders to payouts, fees, and refunds across connected bank accounts and platforms.
OCR Receipt Scanning
Supports scanning receipts and bills via mobile app to integrate them into the accounting system.
VAT and OSS Workflows
Supports tax workflows with country-specific rates to help with EU filing requirements.
E-commerce Integrations
Connects with Stripe, Shopify, WooCommerce, and PayPal to sync transaction data.
Financial Reporting
Provides balance sheets, profit and loss statements, and profit dashboards.
Digital Invoicing
Supports the creation of recurring and duplicable invoices with payment link integration.
Use Cases
E-commerce Financial Tracking
Syncing sales from Shopify or WooCommerce with payouts from Stripe and PayPal to track profit per product.
Quarter-End Bookkeeping
Using automated reconciliation and one-click exports to provide records to an accountant.
Expense Management
Using the mobile app to scan physical receipts to digitize them for accounting.
International Sales Tax Management
Managing VAT and OSS workflows for businesses selling across different European countries.
Integrations
- Stripe
- Shopify
- WooCommerce
- PayPal
- Make
- Zapier
- Dropbox
- Hubspot
- Calendly
- Slack
- Brevo
FAQ
How does the Finotor free trial work?
- Finotor offers a 30-day free trial with access to features. No credit card is required to start the trial.
Can Finotor help with e-commerce stores?
- Yes, it integrates with Shopify, WooCommerce, Stripe, and PayPal to support the matching of orders, fees, and payouts.
Which plan is needed for financial reports?
- Balance sheets and Profit & Loss reports are available starting from the Business plan (€99/month).
Is there a mobile app for Finotor?
- Yes, Finotor has a mobile application for Apple and Android devices, which supports scanning receipts into the system.
Source category: Finance & Accounting
Source subcategory: ERP
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