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Peakflo description
Peakflo is a cloud-based software that automates financial processes for smoother cash flow. It helps businesses get paid faster and manage bills more efficiently. It offers tools for invoicing, tracking payments, automating reminders, and managing approvals, all in one platform. Peakflo integrates with popular accounting systems and is designed for growing businesses that want to save time and reduce errors in their financial operations. It promises to improve efficiency in accounts payable and receivable, ultimately leading to better control over your company's finances.
What companies are using Peakflo?
Who is Peakflo best for
Peakflo helps growing businesses automate financial processes, leading to smoother cash flow. Users praise the customizable automated reminders, efficient workflows, and easy integration with accounting systems. However, some users mention slow loading times and occasional bugs. Peakflo offers invoicing, payment tracking, and approval management tools, all designed to save time and reduce errors.
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Best fit for small to medium-sized businesses.
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Suitable for businesses across various industries seeking streamlined financial operations.
Peakflo features
| Supported Peakflo automates accounts payable processes, including invoice capture, approvals, payments, and reconciliation. |
| Supported Peakflo automates payment reminders via email, SMS, and WhatsApp. |
| Supported Peakflo allows creating, sending, and tracking invoices, including payment status. |
| Supported Peakflo automates accounts receivable with features like automated reminders, customer portal, and accounting software integration. |
| Supported Peakflo supports business expense management, particularly travel and procurement expenses. |
| Supported Peakflo allows defining and managing approval workflows for purchase requests and orders. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Peakflo reviews
We've summarised 59 Peakflo reviews (Peakflo G2 reviews) and summarised the main points below.
- Automated reminders and workflows are highly customizable and efficient.
- Excellent and responsive customer support.
- Easy integration with accounting systems like Xero.
- User-friendly interface and easy to learn.
- Provides a good overview of financial data and helps track payments.
- Slow loading times for reports and features, sometimes causing delays.
- Occasional bugs and errors, especially after updates, affecting workflows.
- Limited reporting flexibility, requiring manual data export and manipulation.
- Mobile app is underdeveloped and not user-friendly.
- Invoice numbers are difficult to locate, relying primarily on tenant names.
Peakflo pricing
The commentary is based on 2 reviews from Peakflo G2 reviews.
Peakflo's pricing is generally considered budget-friendly and economical. While the advertised $99/month price may not reflect the final cost due to credit card processing fees and potential add-ons, users find the value provided justifies the expense.
Users sentiment
See the Peakflo pricing page.
Peakflo alternatives
InvoicedBetter for mid-size and large businesses. Has less momentum. Focuses on automating accounts receivable.Read more
CoupaBetter for managing company-wide spending. Broader industry applicability. Has more momentum in website traffic growth.Read more
XeroBetter for small to medium-sized businesses needing accounting software. Has broader industry applicability. More positive user reviews, but users dislike recent price increases and invoicing changes.Read more
RhoBetter fit for US-based businesses. Focuses on expense management and business banking tools. Has slightly better ratings, but website traffic is growing faster while employee growth is slower. More convenient receipt features, but difficulty viewing attached receipts and excessive notifications are downsides. A Peakflo alternative/competitor.Read more
Glean.aiBetter for mid-sized US companies focused on spend analysis and AP automation. Higher rated with more positive user reviews regarding customer support and ease of use. Offers AI-powered insights into spending patterns.Read more
Peakflo FAQ
What is Peakflo and what does Peakflo do?
Peakflo is a cloud-based accounts payable and receivable automation software designed for growing businesses. It streamlines financial processes, automates invoicing, tracks payments, manages approvals, and integrates with accounting systems. Peakflo helps businesses get paid faster, improve efficiency, and gain better control over their finances.
How does Peakflo integrate with other tools?
Peakflo integrates with popular accounting systems, enabling seamless data flow between platforms. It also offers automated reminders via email, SMS, and WhatsApp to streamline communication and improve payment collection.
What the main competitors of Peakflo?
Peakflo's main competitors include Coupa, Invoiced, Kolleno, and Agicap. These platforms offer similar features like automated invoicing, payment tracking, and accounting system integrations, catering to businesses seeking streamlined financial operations and improved cash flow management.
Is Peakflo legit?
Peakflo appears to be a legitimate software solution. User reviews highlight automated features and responsive customer support. While some users mention occasional bugs, the overall sentiment regarding Peakflo's safety and efficiency is positive.
How much does Peakflo cost?
Peakflo does not publicly disclose its pricing. Contact Peakflo directly to obtain product pricing information and determine if it's worth it for your business needs.
Is Peakflo customer service good?
Peakflo's customer service receives positive feedback. Users highlight the helpful and responsive support team, praising their quick responses and dedication to resolving issues. They are particularly appreciated for their assistance with onboarding and customization.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.