What is Finmatics used for?

Finmatics is used to capture invoices with AI and turn them into booking suggestions for accounting firms and their clients.

Who should use Finmatics?

Finmatics suits accounting firms, tax advisors, and bookkeepers in Germany and Austria that process large volumes of client invoices.

Which accounting systems does Finmatics integrate with?

Finmatics works with DATEV, BMD, RZL, and Agenda, sending booking data and documents into the accounting systems firms already use.

How much does Finmatics cost?

Finmatics plans start at around EUR 750 per month, with higher tiers adding features. The vendor recommends a package after assessment.

What are the best alternatives to Finmatics?

Alternatives to Finmatics include DATEV Unternehmen online, Candis, Rossum, and GetMyInvoices for invoice capture and accounting automation.

Finmatics Reviews, Features & Alternatives

Overview

What is Finmatics?

Finmatics is an AI-powered invoice processing platform built for accounting firms and businesses in Germany and Austria. It collects invoices from paper, PDF, and e-invoice formats, reads them with AI, and generates booking suggestions ready for the general ledger. Approvals, cost center assignment, client collaboration, and a mobile app for submitting receipts are included. Tax advisors, bookkeepers, and finance teams use Finmatics to reduce manual data entry and connect documents to DATEV and other accounting systems.

Best for

Accounting FirmsTax AdvisorsBookkeepersFinance TeamsSmall Businesses

Product snapshot

Category: Data Extraction & Collection
Best for: Accounting firm automation
Deployment: Cloud / Mobile
Free trial: No
Integrations: DATEV, BMD, RZL, Agenda
AI features: Yes

Key features

Key features of Finmatics

AI invoice capture

Reads paper invoices, PDFs, and e-invoices using AI and OCR.

Booking suggestions

Generates booking-ready entries for review by accountants and bookkeepers.

Client mobile app

Lets clients photograph and submit receipts directly from their phones.

Approval workflows

Routes invoices for approval and assigns cost centers before booking.

Custom AI training

Trains recognition on firm-specific documents to improve accuracy over time.

Anomaly detection

Flags duplicate payments and unusual documents for closer review.

Reviews

Finmatics reviews

2 reviews

Overall

4.5/5

Ease of use4/5
Features4.5/5
Value for money3.5/5
Customer support4.5/5

What users like

Easy for firms and clients
Helpful mobile app for receipts
Useful AI training and onboarding
Responsive answers from support

What users dislike

Recognition errors still need correction
Split bookings not yet supported
Settings take time to learn
Higher starting price for firms

Birgit P.

Steuerberaterin

“Liked how easy it is for both the accounting firm and its clients, especially the mobile app. Found that document recognition still makes errors requiring manual correction.”

Isabella W.

Steuerberatung

“Liked the helpful AI training, well-answered questions, and straightforward daily use. Found that split bookings do not work yet and the settings take time to navigate.”

Write a review

Sign in with your account to review Finmatics.

Sign in to review

Alternatives

Top Finmatics alternatives

DATEV Unternehmen online
Best for
DATEV-based firms
Why choose it
Native document exchange within DATEV
Candis
Best for
Invoice approval workflows
Why choose it
AP automation for German SMBs
Rossum
Best for
AI invoice processing
Why choose it
Template-free capture for high volumes
View Rossum
GetMyInvoices
Best for
Invoice collection
Why choose it
Gathers invoices from many online portals

Integrations

Finmatics integrations

Finmatics is designed to fit into the accounting software that firms in Germany and Austria already use. The vendor has partnerships with DATEV, BMD, RZL, and Agenda, so booking suggestions and document images can flow into the client's ledger without retyping. Listed DATEV connections include DATEV Audit, DATEV Consolidation, and DATEV Report. Invoices arrive as scanned paper, PDF files, e-invoice formats, and photos from the client mobile app, which gives accountants one intake channel for every client. An API is also available for firms that want to connect Finmatics with document management or banking tools. These links help firms handle many clients from a single processing workflow.

FAQ

Finmatics