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Settle description
Settle is a software platform designed to help growing consumer goods businesses manage their finances. It offers tools for managing cash flow, paying vendors, tracking inventory, and accessing financing. Settle aims to simplify financial operations and provide insights to help businesses scale. It features integrations with popular ecommerce and accounting software.
Who is Settle best for
Settle is a financial management platform tailored for small consumer goods businesses. It simplifies finances with tools for cash flow management, vendor payments, inventory tracking, and financing options. Settle integrates with popular e-commerce and accounting software. It offers three pricing tiers designed for growing CPG brands.
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Best for small businesses (less than 50 employees).
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Not suitable for medium to enterprise businesses.
Settle features
| Supported Settle offers real-time inventory tracking and management, including auto-syncing with sales channels. |
| Supported Settle integrates with QuickBooks Online for real-time updates and syncing. |
| Supported Settle integrates with QuickBooks Online for streamlined bookkeeping and financial management. |
| Supported Settle offers various credit and loan options, including working capital loans and advances. |
| Supported Settle automates and streamlines vendor payments, increasing efficiency. |
Settle pricing
See the Settle pricing page.
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Settle has a free trial.
Launch
Unlimited users and transactions. Includes landed costs (weighted average), inventory management, basic inventory forecasting, cash outflows graph, AI-powered invoice extraction, 3-way match discrepancy alerts, Universal Catalog, custom approval workflows, vendor management, Wires, ACH, same day ACH, basic user roles, accounting software integration, 1 sales channel integration.
Accelerate
Everything in Launch, and: Landed costs (Batch-level), real-time inventory levels, inventory forecasting (some SKUs), end of month inventory report, unlimited 3-way match analyses, custom user roles, 2 sales channel integrations.
Elevate
Everything in Accelerate, and: Inventory forecasting (all SKUs), cash flow forecasting (coming soon), 3 sales channel integrations.
Settle alternatives
RazorpayX Source to PayGeared towards broader business needs beyond consumer goods, particularly startups and growing companies in India. Has more website traffic momentum. Offers tools for tax compliance and purchase order management.Read more
InvoicedBetter for mid-size and large businesses needing automated billing and payments. Broader industry applicability. Has a user-friendly interface with seamless integrations, but lacks bulk import and invoice editing features. Settle is growing faster.Read more
CentimeMore suitable for small to medium businesses. Offers accounts receivable features and online payments. Integrates with Netsuite, QuickBooks, and Sage Intacct. Has a higher website traffic growth but a declining employee growth. Users praise customer support, ease of use, and automated AR collections. Some users report glitches, complex setup, and syncing issues.Read more
PeakfloBetter for smaller businesses and those focused on AP/AR automation. Has user reviews highlighting automated reminders and integrations, but note occasional bugs and limited reporting flexibility. Serves Southeast Asian markets. Settle is growing faster.Read more
XeroBetter for small to medium businesses needing accounting software. Broader industry applicability. More established, with generally positive user reviews, but some dislike recent pricing increases and invoicing changes.Read more
FinmapBetter for small to medium businesses. Has customizable reports and supports multicurrency. Settle is growing faster.Read more
Settle FAQ
What is Settle and what does Settle do?
Settle is a financial management platform designed for growing consumer goods businesses. It offers tools for cash flow management, vendor payments, inventory tracking, and financing. Settle integrates with e-commerce and accounting software to simplify financial operations and provide scaling insights.
How does Settle integrate with other tools?
Settle integrates with popular e-commerce and accounting software, including QuickBooks Online, to streamline financial operations. It offers real-time updates and syncing of inventory, sales, and financial data. This allows businesses to automate tasks and gain better insights into their performance.
What the main competitors of Settle?
Alternatives to Settle include Invoiced, RazorpayX Source to Pay, Peakflo, Centime, Finmap, and Viably. These competitors offer similar features such as cash flow management, automated payments, and financial reporting tools. They target businesses of varying sizes, from small startups to larger enterprises.
Is Settle legit?
Settle appears legitimate, offering financial tools for growing CPG businesses. With positive G2 reviews and features like inventory tracking and QuickBooks integration, Settle may be safe. However, research alternatives like Invoiced or Peakflo before committing.
How much does Settle cost?
Settle's pricing includes the Launch plan at $149/month, Accelerate plan at $899/month, and Elevate plan at $1,699/month. All plans offer unlimited users and transactions. Is Settle worth it? The best plan depends on your business needs concerning inventory management and forecasting.
Is Settle customer service good?
Settle's customer service receives positive feedback. Users highlight the team's responsiveness and helpfulness, particularly Mary and the CX team. While some users desire more automation for specific processes like reconciliation, the support team readily provides assistance.
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.