Moneypex Review
What is Moneypex?
Moneypex is a simple and affordable cloud-based accounting software that automatically handles the finances of startups, entrepreneurs, and freelancers. The software leverages OCR (optical character recognition technology) that enables users to take a snapshot of documents like bills and receipts, extract all the information they need, and generate invoices and expense reports without manual data entry.
The accounting software also includes features that streamline their bookkeeping and financial reporting processes such as the capability to handle recurring payments, perform bank reconciliation, and monitor their cash flow in real-time from anywhere. Furthermore, Moneypex allows users to easily prepare and file MTD VAT tax returns. They can get tax reminders on-the-go and link their financial documents and records to HMRC (Her Majesty’s Revenue and Customs) systems.
Show MoreOverview of Moneypex Benefits
Automated Invoicing
With Moneypex, startups, entrepreneurs, and freelancers no longer need to waste time creating invoices. The software permits them to automatically generate invoices using OCR or optical character technology. They can take a photo or scan paper invoices through their smartphone or webcam. Moneypex then extracts all the necessary invoice data from the photos and enters them into the data fields immediately. This way, they will be able to receive payments from their customers or clients faster and focus more on driving business growth.
Streamlined Financial Reporting
The accounting software also streamlines the process of creating financial reports. Since Moneypex leverages OCR technology, users get the ability to extract information from invoices and receipts and produce custom expense reports in just a few minutes. If they need to generate reports to track how much money they are spending and earning, they can do that with ease as well.
In addition, the software lets users customize their financial reports so they can present information to stakeholders clearly. This includes changing the layout of reports and adding charts. They can even access these reports from any location at any time. Moneypex also has a centralized dashboard that makes it easy for them to find out if they are hitting their KPIs.
MTD VAT Tax Management
Moneypex simplifies how businesses and accountants comply with MTD (Making Tax Digital), an initiative implemented by HMRC or Her Majesty’s Revenue and Custom to revolutionize how the UK tax system works. To facilitate the preparation and filing of MTD tax returns, the accounting software enables users to download an MTD-ready 9box template, fill it out with information, and submit it to HMRC. Moreover, the software notifies them about tax deadlines and updates from HMRC.
Show MoreOverview of Moneypex Features
- OCR Technology
- Invoicing
- Financial Reporting
- Expense Tracking
- Bookkeeping
- MTD VAT Tax
Awards & Quality Certificates
Moneypex Position In Our Categories
Since businesses have distinctive business-related requirements, it is sensible they steer clear of purchasing an all-encompassing, “perfect” business application. Just the same, it is troublesome to discover such application even among popular software systems. The practicable step to undertake can be to jot down the numerous essential aspects which merit deliberation such as major features, budget, skill capability of staff members, business size, etc. Next, you must perform the research fully. Go over some Moneypex evaluations and explore the other applications in your shortlist in detail. Such comprehensive product investigation ascertain you steer clear of unfit apps and subscribe to the system that meets all the benefits your business requires.
Position of Moneypex in our main categories:
TOP
500
Moneypex is one of the top 500 Accounting Software products
Each company has different needs and requires an application that can be personalized for their size, kind of employees and clients, and the specific industry they are in. For these reasons, no software can offer perfect tools off-the-shelf. When you try to find a software app, first be sure what you want it for. Read some Moneypex Accounting Software reviews and ask yourself do you want basic features or do you need advanced features? Are there any industry-specific functionalities that you are searching for? Obtain the answers to these questions to help your search. There are multiple elements that you need to consider and these include your budget, specific business wants, your organization size, integration needs etc. Take your time, use a few free trials, and finally select the system that provides all that you need to enhance your firm competence and productivity.
How Much Does Moneypex Cost?
Moneypex Pricing Plans:
Free Trial
Free
£0
Starter
£5.99/month
Standard
£11.99/month
What are Moneypex pricing details?
Moneypex Pricing Plans:
Free Trial
Free
£0
Starter
£5.99/month
Standard
£11.99/month
Moneypex is designed for small and medium-sized businesses. It doesn’t offer enterprise pricing plans. Meanwhile, it has three pricing plans for you to choose from, and one of which is a free plan that allows you to create invoices at no cost. Here are the details:
Free – £0
- Unlimited Invoicing
- Generate 20 Bills
- Payment Reminders
- Expense & Bill Tracking
- Document Scanning
Starter – £5.99/month
- Unlimited Invoicing
- Generate 70 Bills
- Payment Reminders
- Bank Reconciliation
- Automatic Reminders
- Expense & Bill Tracking
- Document Scanning
- VAT Filing
- Accountant Access
- Manage Multiple Businesses
Standard – £11.99/month
- Unlimited Invoicing
- Generate Unlimited Bills
- Payment Reminders
- Bank Reconciliation
- Automatic Reminders
- Expense & Bill Tracking
- Document Scanning
- VAT Filing
- Accountant Access
- Manage Multiple Businesses
- Premium Newsletter
- Priority Support
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We are aware that when you make a decision to get a Accounting Software it’s crucial not only to see how experts rank it in their reviews, but also to discover whether the actual people and companies that bought this software are genuinely content with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Moneypex reviews across a broad array of social media sites. The data is then displayed in an easy to understand way indicating how many customers had positive and negative experience with Moneypex. With that information at your disposal you will be prepared to make an informed business choice that you won’t regret.
Video
Technical details
Devices Supported
- Android
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Free
- Monthly payment
Customer Types
- Small Business
- Medium Business
- Freelancers
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for Moneypex?
Moneypex integrates with bookkeeping services.
Moneypex User Reviews
Moneypex average rating:
4/5
Overall impression
5/5
Customer Support
5/5
Value for Money
4/5
Ease of Use
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ADD A REVIEWMore reviews from 1 actual users:
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It is very user friendly and easy to use
Read full review >
4/5
Overall impression
4/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 27.01.2021
Company Size: N/A
Industry: N/A
PROS: Auto scanning feature is really handy and saves lot of time.
CONS: Don't see any problem at the moment
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Moneypex user reviews
It is very user friendly and easy to use
Read full review >
4/5
Overall impression
4/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 27.01.2021
Company Size: N/A
Industry: N/A
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