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 special business needs, it is reasonable that they steer clear of preferring an all-in-one, “perfect” software system. However, it is hard to try to pinpoint such application even among sought-after software solutions. The efficient thing to undertake can be to note down the varied main aspects which necessitate investigation including important features, packages, skill capability of staff members, company size, etc. The second step is, you should perform your product research fully. Have a look at some Moneypex reviews and explore each of the software systems in your list more closely. Such well-rounded research guarantee you drop poorly fit software products and subscribe to the system which has all the function your company requires.
Position of Moneypex in our main categories:
TOP
500
Moneypex is one of the top 500 Accounting Software products
Companies have unique wants and requirements and no software solution can be ideal in such a situation. It is futile to try to find an ideal off-the-shelf software product that fulfills all your business wants. The wise thing to do would be to modify the system for your specific needs, worker skill levels, budget, and other aspects. For these reasons, do not rush and subscribe to well-publicized leading systems. Though these may be widely used, they may not be the perfect fit for your specific wants. Do your research, look into each short-listed application in detail, read a few Moneypex Accounting Software reviews, speak to the seller for explanations, and finally choose the app that provides what you need.
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 realize that when you choose to get a Accounting Software it’s vital not only to find out how professionals score it in their reviews, but also to discover whether the actual users and enterprises that bought these solutions are genuinely happy with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Moneypex reviews across a broad range of social media sites. The data is then presented in a simple to digest form indicating how many people had positive and negative experience with Moneypex. With that information available you will be ready to make an informed buying 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
Write your own review of this product
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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