Inwisely vs GetInvoice Detailed comparison features, price

Inwisely

Inwisely revolutionizes accounts receivable management by providing a comprehensive automation solution that helps businesses improve their cash flow by 40% and collection effectiveness by 45%. The platform automates payment reminders, tracks invoice lifecycles, and delivers real-time analytics for better financial decision-making.

Through intelligent workflows and accounting tool integrations, Inwisely enables organizations to maintain better control over their receivables while reducing the manual effort typically associated with invoice follow-ups and collections. The platform offers detailed insights into key metrics such as Days Sales Outstanding, Collection Effective Index, and Bad Debt Ratio, helping businesses optimize their accounts receivable processes.

GetInvoice

GetInvoice offers an automated solution for managing invoices and receipts, designed to save businesses time and effort. This AI-powered software connects to user email accounts (like Gmail and Outlook) and various web portals to automatically locate and gather all relevant financial documents. It aims to eliminate the need for manual searching and data entry, streamlining the accounts payable process.

The system performs daily scans to fetch new invoices and utilizes Optical Character Recognition (OCR) technology to extract key data accurately. GetInvoice also allows users to retroactively retrieve past invoices from connected accounts. Furthermore, it can forward data to accounting software and offers features like duplicate invoice avoidance and bulk downloading options, simplifying financial record-keeping and tax preparation. Users can also capture physical receipts on the go using a Telegram bot integration.

Pricing

Inwisely Pricing

Paid

From $139

Inwisely offers Paid pricing with plans starting from $139 per month .

GetInvoice Pricing

Freemium

From $19

GetInvoice offers Freemium pricing with plans starting from $19 per month .

Features

Inwisely

Automated Payment Reminders: Intelligent follow-up system for overdue invoices
Real-time Analytics Dashboard: Comprehensive view of receivables metrics
Accounting Tool Integration: Compatible with multiple accounting platforms
Customer-specific Workflows: Customizable collection processes
Invoice Lifecycle Tracking: Complete visibility of invoice status and history
Debtor Categorization: Organized classification of debtors
Email Intelligence: Smart communication management
Performance Metrics: Tracking of DSO, CEI, and bad debt ratio

GetInvoice

Automated Invoice Collection: Connects to unlimited email accounts and web portals to find invoices.
AI & OCR Data Extraction: Extracts key details from invoices and receipts using AI and OCR.
Daily & Custom Scanning: Performs automatic daily scans for new invoices.
Retroactive Retrieval: Fetches past invoices from connected accounts.
Web Portal Integration: Supports data extraction from over 20 web portals including Amazon, AWS, and Google Ads.
Telegram Bot Receipt Capture: Allows mobile receipt capture via Telegram.
Duplicate Invoice Prevention: Identifies and avoids processing duplicate documents.
Bulk Export: Enables downloading invoices in bulk as CSV or ZIP files.
Accounting Software Forwarding: Automatically forwards invoice data to accounting systems.
Google Drive Integration: Automatically saves invoices to a specified Google Drive folder.

Use Cases

Inwisely Use Cases

Automating payment reminder communications
Tracking and analyzing accounts receivable metrics
Managing customer payment promises
Monitoring collection effectiveness
Streamlining invoice follow-up processes
Reducing Days Sales Outstanding
Improving cash flow management

GetInvoice Use Cases

Automating accounts payable for small businesses.
Simplifying invoice tracking for freelancers.
Managing supplier invoices for e-commerce businesses.
Streamlining financial documentation for startups.
Assisting accountants with client invoice collection.
Eliminating manual data entry for tax filings.
Centralizing invoices from multiple sources.

FAQs

Inwisely FAQs

Which accounting tools does Inwisely integrate with?

Inwisely integrates with most accounting tools and can implement new integrations within a week if a specific tool is not currently supported.
What improvement in cash flow can I expect?

According to the platform's statistics, businesses can improve their cash flow by 40% and collection effectiveness by 45%, while reducing DSO by 30%.
What's included in the Standard plan?

The Standard plan includes actionable insights on overdue invoices, real-time receivable analytics, automated payment reminders, customer-specific workflows, accounting tool integration, tech support, debtor categorization, and limited users.

GetInvoice FAQs

Can I change plans later?

Yes, you can upgrade or downgrade your plan at any time. Prorated charges or credits will apply based on the change.
What happens if I exceed my monthly invoice limit?

You can still use the service but cannot process additional invoices until the next billing cycle or upgrading your plan.
Do you offer any discounts?

Yes, annual billing includes 4 free months, and the first month of paid plans includes double the invoice credits.
Is there a free trial?

There is a free tier available indefinitely for up to 10 monthly invoices, allowing users to test the service before purchasing a paid plan.