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Pros & Cons
Can automate cash flow
Effective for SMEs
Effective for startups
Effective for freelancers
Bank account integration
Facilitates vendor payments
Effortless reconciliation
Cash forecasting provided
Cost control and budgeting
Promotes team collaboration
Seamless integration with platforms
Connected Banking feature
Automates payments and collections
Reduces risk of errors
Includes PennyPay
Includes PennyCollect
Centralized cash management
Automated financial tasks
Easy tracking of cashflow
Real-time cash position
Invoice automation
Advanced OCR
Helps reduce late payments
No offline functionality
Limited payment gateway support
No mentioned security measures
Potentially steep learning curve
No mobile applications
Unclear data backup policy
Limited third-party integrations
No multi-currency support
Incomplete features (Launching Soon)
No direct customer support outlined