Finofo is a cloud-based finance automation platform focused on streamlining accounts payable and foreign currency transactions for modern finance teams. It is designed for mid-sized to large businesses that operate with global vendors, particularly in sectors like tech, logistics, SaaS, and manufacturing, where multi-currency payments and FX exposure are frequent and complex.

Finofo integrates directly with accounting systems and banks to enable automated invoice processing, multi-currency payment scheduling, and real-time foreign exchange management. Its core value lies in simplifying cross-border payables and helping finance teams reduce costs, minimize risks, and maintain full control over international transactions.

What are the main features of Finofo?

Multi-currency vendor payments with automated workflows

Finofo centralizes international payables into a single platform, allowing finance teams to manage and pay vendors in over 30 currencies.

• Automate invoice approvals, payment scheduling, and currency conversion.

• Set rules to handle early payment discounts, due dates, and payment prioritization.

• Track payment statuses and vendor balances in real time.

This helps reduce manual entry, streamline compliance, and ensure timely cross-border payments.

Real-time foreign exchange management

The platform provides live FX rates and automatic currency conversions, helping companies manage exchange rate volatility more effectively.

• Lock in FX rates directly through the platform when executing payments.

• Analyze currency exposures and forecast conversion needs.

• Compare rates from multiple providers to optimize transaction costs.

This gives finance teams visibility and control over their FX strategy, directly from the payables workflow.

Seamless accounting system integrations

Finofo integrates with major ERP and accounting tools such as QuickBooks, Xero, and NetSuite, ensuring data synchronization and eliminating reconciliation overhead.

• Sync vendor data, invoices, and payments automatically.

• Avoid double entry and manual uploads of invoice or payment data.

• Maintain a clean audit trail across systems.

This ensures accuracy between payables and financial records without adding operational complexity.

Centralized vendor management and visibility

The platform functions as a single source of truth for vendor-related information across currencies and geographies.

• Maintain unified profiles for vendors, including banking and currency preferences.

• Track invoice histories, payment status, and communication logs.

• Segment vendors by location, currency, or department for better reporting.

This simplifies vendor relationships and improves transparency in finance operations.

Cash flow and payment forecasting

With built-in tools for forecasting and cash planning, Finofo enables finance teams to anticipate future obligations and manage liquidity across multiple currencies.

• View upcoming payment schedules and projected FX requirements.

• Simulate different payment scenarios to evaluate impact on cash reserves.

• Align payment planning with real-time account balances and business cycles.

This reduces the risk of cash shortfalls and improves financial planning accuracy.

Why choose Finofo?

• Reduced FX fees and conversion costs: Optimize foreign payments with access to competitive exchange rates and FX automation.

• Faster global payments: Streamline vendor payouts across borders with minimal manual intervention.

• Improved cash and currency visibility: Gain real-time insights into cash flow, currency exposure, and payment timing.

• Lower operational overhead: Automate routine tasks like invoice approval, reconciliation, and currency conversion.

• Built for global finance teams: Designed specifically for companies managing multi-currency vendor networks and international accounts payable.

Finofo stands out for its focus on global payables efficiency, making it particularly valuable for finance teams dealing with cross-border operations and complex currency workflows.