fynk Reviews & Product Details

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.

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.

The ability to integrate with two CRMs and the robust AI that turns our business' treasure trove of advertising contracts into searchable, actionable business data. It has established a degree of order in our commercial affairs hitherto unknown. Review collected by and hosted on G2.com.

Security is good for the average business user, but as a media company who manages client campaign data we’d like more powerful, granular control of where our data resides and is encrypted at rest features (like you'd find in a tool made for highly-regulated industries). Review collected by and hosted on G2.com.

I'm most fond of how our platform will automatically extract the data from even complicated loan documents. Plus it's really great because it can be easily integrated with Salesforce The platform's security measures are first-class. We couldn't be happier with both the robustness of the platform's security architecture itself and how varied and useful is this audit trail for reporting purposes. Review collected by and hosted on G2.com.

The reporting dashboards are merely functional. They could use more in-depth analysis targeting specific financial metrics and comparing different levels of risk within balanced portfolios. Review collected by and hosted on G2.com.

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.

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.

The fact that proposals and document generation is part of the full contract lifecycle is fynk’s killer feature for us. Our sales team can create professionally formatted proposals and associated contracts in minutes using pre-designed templates. The automated sign-off workflows ensure nothing gets out the door without the appropriate technical and commercial approvals. A fantastic time-saver for our busy account executives is the AI that assists in summarizing key terms during negotiations. Review collected by and hosted on G2.com.

The way to build complex, conditional logic into our proposal templates is non-intuitive-ish at first. Our team failed a few times before we got it down. But the power it offers is well worth the time investment upfront. Review collected by and hosted on G2.com.

Fynk has been a revelation in the highly regulated financial services industry. The detailed history of all the actions and signatures (and edits if that's required) is exactly what we want for both our own audits along with external, regulatory as well. The fact that we can enforce pre-approved, compliant contracts across the organization has reduced our legal risk by orders of magnitude. The easy fit with both our new and retained secure storage options was a big technical win for me and my IT team. Review collected by and hosted on G2.com.

The first set up to satisfy our specific compliance demands was quite complicated. The support from fynk was great but a big project. I’d also like to see reporting in a more granular way, out-of-the-box one-size-fits-all for financial regulatory filing. Review collected by and hosted on G2.com.

Its seamless integration with Salesforce that enables me to transition from a sales discussion to an official, compliant proposal and contract in minutes. The client facing portal instills confidence in the professional and secure manner that RBS is and should be perceived. Review collected by and hosted on G2.com.

The in-built (on-the-site) repo trading and redline editing features for multi-tranche credit agreements can be less slick than dedicated document software, occasionally creating friction in cross-bank negotiations (even this comment section is a little janky). Review collected by and hosted on G2.com.

I love that you can build branded, intelligent online forms that populate enforceable, e-signable documents. This has radically transformed the way that we onboard clients for our community reinvestment and financial literacy programs, more effectively and with greater accessibility. Review collected by and hosted on G2.com.

It’s a really powerful platform, so some of the more advanced features take a longer learning curve to use (think deep custom reporting, and highly complex multi-branch approval workflows) which can be difficult for some members of our less technical team. Review collected by and hosted on G2.com.

We spent a long time searching for the right solution for our contract management needs, and we’re thrilled to have found fynk. Since implementing it, we’ve become significantly faster and more efficient in both contract creation and management. The AI supports us throughout the entire process, making it seamless and effective. Review collected by and hosted on G2.com.

At the moment, there’s nothing noteworthy to criticize—we’re very satisfied and haven’t encountered any downsides. We thoroughly evaluated the market before deciding on fynk, and it has proven to be the perfect fit. Review collected by and hosted on G2.com.

Before choosing fynk, we evaluated several contract management solutions on the market. The differences between providers became clear early on during demos. Once we tried fynk, it was evident that this solution takes a distinct approach with a focus on user experience—a quality that impressed us from the start. Review collected by and hosted on G2.com.

There could be a few additional integrations, but these are already being continuously expanded. Otherwise, we haven’t encountered any drawbacks so far. Review collected by and hosted on G2.com.