Yooz Review
February 05, 2025
Yooz Review
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Yooz
As a financial accounting consultant, I use Yooz to streamline accounts payable (AP) processes for my clients. The platform addresses several business challenges by automating traditionally manual tasks, improving efficiency, and enhancing accuracy in financial workflows. I typically implement Yooz for clients managing high volumes of invoices and complex AP workflows.
Pros
- Yooz eliminates the need for manual entry by extracting and digitizing data from invoices.
- The platform automates approval workflows, ensuring invoices are processed quickly and reducing bottlenecks.
- Yooz improves data accuracy with automated checks, minimizing discrepancies in financial reporting.
- The platform provides real-time tracking and reporting, giving my clients greater insight into their AP processes.
Cons
- While Yooz is generally intuitive, some areas of the interface can feel cluttered, particularly when managing a high volume of invoices. Finding specific features or navigating between workflows can sometimes be cumbersome.
- The reporting functionality is useful but could benefit from more robust customization options. For example, creating detailed reports that span multiple dimensions (e.g., vendor performance, invoice aging by department) is not as straightforward as it could be.
- While Yooz integrates with many ERP systems, the setup process for these integrations can be complex and time-consuming. Occasional syncing delays or data mismatches also create additional reconciliation work.
- Yooz generally performs well in capturing invoice data, there are occasional misreads, especially with non-standard invoice formats or handwritten documents. This leads to manual intervention, which defeats the purpose of automation.
- The approval workflows are functional but could benefit from more advanced customization options, such as conditional approvals based on invoice amounts, vendor history, or project codes.
- response times can be slower during critical issues. Additionally, some users find the documentation less comprehensive than needed for troubleshooting or advanced feature setup.
- Yooz has dramatically reduced the time spent on manual invoice processing and approval workflows. For example, what previously took several hours per day to input and route invoices now takes just minutes.
- By automating AP processes, Yooz has lowered the cost per invoice processed.
- Yooz enables real-time visibility into outstanding invoices and payment schedules, improving cash flow forecasting and management.
- Yooz provides a centralized and easily accessible archive of all invoice and approval records, simplifying audits and reducing compliance risks.
- By automating data capture and validation, Yooz has significantly reduced manual errors in invoice processing, eliminating costly mistakes like duplicate payments or misapplied credits.
- BILL and Sage Intacct
Do you think Yooz delivers good value for the price?
Yes
Are you happy with Yooz's feature set?
Yes
Did Yooz live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of Yooz go as expected?
I wasn't involved with the implementation phase
Would you buy Yooz again?
Yes
Comments
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