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fynk

By fynk GmbH

4.9 out of 5 stars
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fynk Pricing Overview

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fynk Pricing Reviews

(2)
Mark  H.
MH
Executive Director (ED)
Financial Services
Mid-Market (51-1000 emp.)
"Seamless AI-Driven Integration for Contract to Cash Efficiency"
What do you like best about fynk?

The ai driven data extraction was amazing, and I love how it works so well for both our Salesforce CRM / Netsuite ERP integration. It forms a complete end-to-end contract to cash process that is efficient and audit compliant. Review collected by and hosted on G2.com.

What do you dislike about fynk?

The report module that is native to the system in my opinion it doesn't have an advanced business intelligence nor dashboarding support as we might need sometimes for complex financial analisys. We usually end up in exporting it to another BI tool. Review collected by and hosted on G2.com.

Aruna G.
AG
IS&T Finance Manager
Apparel & Fashion
Mid-Market (51-1000 emp.)
"Centralized, Organized and Automated Our Global Vendor and Lease Contract Management"
What do you like best about fynk?

As the head of managing IT and finance systems in a global fashion house, fynk is game-changing for oversight over our vendor and real estate agreements. Prior to the fynk, our processes were fragmented — supplier agreements sat in one shared drive, retail leases in another, and we tracked important dates by relying on manual spreadsheets that led to missed renewals and compliance risks.

And my favorite is hearing how fynk is our single source of truth. We have on-boarded hundreds of contracts for fabric suppliers, logistics partners and store leases into its centralized repository. AI-driven data extraction is another golden asset for finance: It automatically extracts important provisions such as payment terms, auto-renewal clauses, termination dates and more into structured data fields. This enables me to produce accruals and liability reports that are based on the contract data, not speculative estimates. Integration with our ERP (NetSuite) makes it so we sign contracts, and financial commitment mirrors into the accounting system without journal entry. Review collected by and hosted on G2.com.

What do you dislike about fynk?

The base platform is good, but it could be better for an international retailer. The reporting dashboards included in the ERP for contract status is quite basic and doesn't provide enough depth to do complex financial analysis such as forecast your lease liabilities under different accounting standards (ie, IFRS16) or understand your spend commitments by region/category. For this, we usually export the AI-extracted data to another BI tool. Also managing contracts in multiple languages (we operate throughout Europe and Asia) is manageable, but the AI's analysis power is much stronger for English language documents. Review collected by and hosted on G2.com.

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fynk