At a glance
Finofo is a Calgary-built finance platform for companies running Canadian and US entities at once. It captures invoices line by line, matches them to purchase orders outside the ERP and posts to your ledger, with multi-currency accounts and employee expenses in the same flow.
Best for
Teams whose capture problem is the receipt handed over at checkout, not the payment that crosses a border.
Where it's stronger
Best for
Companies running Canadian and US entities where cross-border payment and currency conversion are the expensive problem.
Where it's stronger
Every comparison on this site names what the other product does better. If we couldn't think of anything, we didn't publish the page.
Side by side
These are structural differences, not plan checkboxes. Capabilities change, so check the vendor's own documentation before deciding on any single row.
Who produces the receipt
Most of the rows below follow from this one.
How much of the receipt is kept
Employee expenses and reimbursements
Whether the platform issues cards
Matching a bill to the purchase order
Paying suppliers across borders
Holding and converting other currencies
Accounting systems it connects to
Using the same receipt on the customer side
Only relevant if you also sell to consumers.
None of this needs a big-bang cutover. Most teams run both tools for one cycle and compare capture rates before switching anyone off.
Capture is one problem and cross-border settlement is another. Price them separately.
Connect Smartbills to the ledger Finofo already posts to, then map categories and tax codes once.
Capture in parallel for a month, then compare how much spending ended up itemized.
Issue cards to the teams with the most receipts first, then watch the match rate.
FAQ
What people ask us before they sign up.
Keep comparing
The products people evaluate alongside Finofo.
For Canadian businesses that need each invoice captured and its GST, HST and QST recorded line by line, as well as paid.
Read the comparisonWorth a look if your payables team loses more time finding and coding invoices than paying them, and card receipts sit in another tool.
Read the comparisonFor payables teams stuck on capturing and coding invoices, which is a different job from the cross-border payouts Tipalti is known for.
Read the comparisonEach product works on its own, and when you run two, the same record carries from the receipt to the ledger entry.
Accounts payable automation that reads each supplier invoice, codes it and matches it to the purchase order before anyone is asked to approve payment.
Capture receipts, categorize expenses and check policy compliance as expenses are submitted.
Digital receipt software that turns every sale at your POS into an itemized electronic receipt, hosted online and delivered by app, SMS, email or API.
Get started
Bring one month of your own receipts and card transactions, and we'll show you the capture rate on both sides instead of a slide deck.
