Growfin

RATING:

4.3

(6)
Overview

About Growfin

Strategize and automate your collections with Growfin. The platform enables businesses to reduce DSOs, accelerate cash inflow, improve the productivity of sales and finance teams by 40%, get predictability and forecasting into cash inflow, provide a better customer payment experience and dispute resolutions, and improve working capital and reduce overall outstanding.

Growfin Pricing

Free trial: 

Available

Free version: 

Not Available

Customer Segmentation
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Growfin Reviews

Overall Rating

4.3

Ratings Breakdown

Secondary Ratings

Ease-of-use

4

Customer Support

4

Value for money

4

Functionality

4

Most Helpful Reviews for Growfin

6 Reviews

Anonymous

501-1,000 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2023

All about Receivables on One platform

It helped me focus on which recievable should be given priority and which account needs to be stopped for services

PROS

Growfin brings everything about receivables on a single dashboard including the latest transactions and invoices. It helped us save time spent on collection-related activities. Back-and-forth communication with the finance team to know customer status regarding payment has reduced a lot after using Growfin. I can make out quickly what needs to be focussed immediately for any transaction or any specific account.

CONS

A suggestion tab could be provided to give more insights on what to pick up urgently. Not sure if this is currently customizable

Reasons for switching to Growfin

For automation

Rohit

Logistics and Supply Chain, 201-500 employees

Used daily for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2022

Manage your receivables with Growfin

Good tool to manage day to day receivable activities

PROS

Auto payment reminder and capturing client responses on same email in Growfin's inboxes.

CONS

Sometime, data sync takes time, but not a major issue that affect in day to day operation.

Michael

Real Estate, 501-1,000 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

1

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed November 2022

Tech Company Failed Accounting Software Provider

First of all, the company didn't show up for our scheduled meeting at 1 AM Pacific Coast time as they do not hold US-based support or sales hours. I then sent the company a message only to have someone respond 15 minutes later that they would be right with me. One of their main guys comes on the screen only to tell me a bunch of nonsense, how this demo call was really not a demo as it will take him 48 hours to create a demo. He was more concerned about how much my company makes annually than telling me about the software. He could not provide me with a demo or anything to show that this company was, in fact, real. To be honest, the whole experience, from the lack of security on the website, the unprofessional sales office, the list goes on and on of why I would not trust this outfit for any reason, let alone my financials!

PROS

The videos and images outlining the software

CONS

$2,500 Setup Fee, No Demo, $8500 Annual Fee Due Up Front, Then Charged based upon Annual Revenue. All of this is due prior to even being able to explore a demo product! lol

Shiv

Information Technology and Services, 501-1,000 employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2023

Great tool to avoid critical payment delays

Before Growfin we had difficulties maintaining customers' details and account statements. With Growfin, accessing the details of your customers including statement of accounts is just one click away. Tracking and managing our team’s performance was never this, giving us complete visibility into the history of collection activities on customers for each collector.

PROS

Growfin is an incredible tool that has enabled our team to prioritize critical customers and accounts. It helps us avoid critical payment delays by being proactive. Also, we are able to achieve bigger account coverage in lesser time through automated and personalized follow-ups

CONS

There is nothing that comes to my mind currently. I don't see many downsides with Growfin.

Russell

Internet, 1,001-5,000 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed July 2022

Growfin helps us focus on the important things

PROS

Growfin is extremely easy to use and with the provided automation we are able to focus on more demanding tasks at hand.

CONS

Because we are in an early stage with Growfin there are times where we run into small cosmetic issues that need to be resolved through an update.

Aastha

Information Technology and Services, 1,001-5,000 employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed May 2023

Great Tool-To focus on receivables

PROS

The tool helped me to focus on receivable which should be given priority and which account needs to be stopped for services and is an easy to use which provides the focus on more demanding tasks.

CONS

There's nothing I came up with the downside of Growfin as of now.

6 Reviews