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Finom

Finom

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by Finom·Launched Accounting Software
ReviewAITools Score · 4478 reviews9.0

What is Finom?

Finom steps into the financial arena with a mission: to simplify global business payments. Their international corporate account solution allows businesses to manage finances, exchange currencies, send and receive payments, and access funds – all from a single, user-friendly platform.

Open a multicurrency account to streamline international payments and simplify foreign exchange transactions. Send and receive payments globally with ease. Finom eliminates the complexities of international transfers and associated fees.

Overall, Finom positions itself as a comprehensive solution for businesses looking to streamline and simplify their international financial operations. By offering a user-friendly platform, multicurrency accounts, efficient payment processing, automated features, and cost-effective solutions, they aim to help businesses save time, reduce costs, and gain better control over their global finances.

Best for
Small BusinessMedium BusinessLarge Enterprise

Pricing

Starting at Custom · Subscription

Features

12 features that make Finom stand out.

  • "What If" Scenarios
  • Reporting & Statistics
  • Sales Orders
  • Account Reconciliation
  • Accounts Receivable
  • Activity Dashboard
  • Audit Trail
  • Approval Process Control
  • Billing & Invoicing
  • Data Security
  • Payment Processing
  • Reporting/Analytics

Pros & Cons

Pros

  • Comprehensive SolutionsFinom combines accounting, invoicing, banking, and financial management into a single platform, offering a holistic approach to finance management​​.
  • User-Friendly InterfaceThe platform is designed to be intuitive, making it easy for users to navigate and manage their finances efficiently​​.
  • International Operations SupportIt supports multicurrency accounts and international payments, simplifying the complexities associated with foreign transactions and exchanges​​.
  • Automation and IntegrationFinom automates several financial tasks and integrates with multiple accounting solutions, saving time and reducing errors​​.
  • Data SecurityEmphasizing security, Finom complies with the EU’s General Data Protection Regulation (GDPR), ensuring that client data is securely stored​​.

Cons

  • Limited SWIFT PaymentsThe platform does not support SWIFT payments for invoices, which may limit some international business transactions​​.
  • Scaling CostsAs businesses grow and scale, the fees associated with using Finom can increase significantly​​.
  • Recurring InvoicesCurrently, Finom does not support the creation of recurring invoices, a feature that could save time for businesses with regular billing cycles​​.
  • Pricing TransparencySpecific pricing details are not publicly available, and pricing can vary by country, making it difficult for potential users to estimate costs without contacting the company directly​​​​.

Finom alternatives

Tools buyers consider alongside Finom.

Frequently asked questions

Is Finom free to use?
Finom does not currently offer a free tier or free trial. Pricing starts at Custom and depends on the plan you choose.
How much does Finom cost?
Finom uses custom pricing tailored to each organisation. Contact their sales team for a quote based on your team size, modules and contract length.
What does Finom integrate with?
Finom integrates with popular tools such as Zuper, plus an open API for custom workflows.
Who is Finom best suited for?
Finom is built for teams who need to standardise the workflow it covers — typically growing companies who have outgrown spreadsheets but don't yet need enterprise-grade procurement suites. The exact fit depends on company size, deal volume and compliance requirements.
How long does it take to onboard Finom?
Most teams are live on Finom within 2–6 weeks. Simpler implementations (small teams, default workflows) can be done in days; large enterprise rollouts with custom approval chains and ERP integration take longer.

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