Agreement Express vs. Velmie

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Agreement Express
Score 8.8 out of 10
N/A
Agreement Express provides a solution to accelerate merchant boarding and drive scalable risk underwriting. The Merchant ScanXpress solution is designed for Wholesale ISOs, payment facilitators and ISVs to customize their scoring model based on their unique business needs across all merchant segments and the firm’s specific appetite for risk.N/A
Velmie
Score 8.0 out of 10
N/A
Velmie is a financial technology provider that has been on the market for more than 10 years delivering back end, mobile and web solutions to enterprise financial institutions and entrepreneurs, headquartered in Vilnius, Lithuania. Focusing on finance technology and the biggest problems organizations face with pursuing the customers' demand and competition, Velmie focuses on building the products to help the financial companies to innovate, stay agile and customer-centric.N/A
Pricing
Agreement ExpressVelmie
Editions & Modules
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Offerings
Pricing Offerings
Agreement ExpressVelmie
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
Agreement ExpressVelmie
Small Businesses

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Medium-sized Companies
Cube
Cube
Score 9.8 out of 10

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Enterprises
BlackLine
BlackLine
Score 8.9 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Agreement ExpressVelmie
Likelihood to Recommend
9.0
(1 ratings)
8.0
(1 ratings)
User Testimonials
Agreement ExpressVelmie
Likelihood to Recommend
Agreement Express
Agreement express is very well suited in places for multinational companies whose revenues are peaking and there are strong chances of encountering fraud along the way. While also being able to monitor each client with their overall scores and able to check for red flags. The Quickest KYCs and screenings come hand in hand with multinational companies for sure.
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Velmie
We began using Velmie in 2016, and have had a good experience with them. They are technically competent, and have done consistent work. As mentioned earlier, communication has become more difficult as of late. That said, our relationship continues, and as the review reflects, we are generally satisfied
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Pros
Agreement Express
  • the new clients can be onboarded within minutes and this stands out among other competitive applications
  • has ROI calculator within the website making it hassle free
  • Shows up risk flags of clients with special monitorX
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Velmie
  • They have experience with social media APIs
  • Initially, they were responsive
  • The system did function, reasonably well for the initial few years.
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Cons
Agreement Express
  • Very recently they launched premium services of the application that seems overpriced but that won't be any bigger issue
  • I was not quite happy with the support team in overall but friendly team and coordinates well.
  • having control of the clients entire digital system seemed a bit too much but inorder to determine the score it becomes necessary.
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Velmie
  • As they've grown, a little more complicated to communicate.
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Alternatives Considered
Agreement Express
The one thing I loved about the agreement express over AuditGenius was the organization of loans to be audited, it is very organised as per the client and his portfolio and shows up flags while the AuditGenius has the list and seems very odd. But also in customer usage, I found many of my business partners using agreement express for the quick onboarding and also for ROI which indeed gave me a strong feeling about the application.
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Velmie
At the time we selected them as a vendor, we believed they were our best solution. They continue to support and maintain the system
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Return on Investment
Agreement Express
  • Although the premium version is recently released, have to recheck on prices for sure
  • ROI calculator really helped me get my work done
  • hassle free onboarding within minutes is a great takeaway in comparison
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Velmie
  • Initially they helped us support our users.
  • When we have hit bumps, we have been able to work through them, an important quality.
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ScreenShots