“My recommendation: If your main objective is to stop manually entering supplier invoices and receipts, Holded is worth considering.”
+ receipt and supplier-invoice capture
“Its receipt and supplier-invoice capture is genuinely useful.”
+ automating document capture
“Holded does a good job of automating the first.”
+ email receipts into the system
“Email receipts into the system | Very good”
+ automatic document recognition
“Automatic document recognition | Good”
+ extracting invoice totals
“Extracting invoice totals | Good”
+ reducing manual data entry
“Reducing manual data entry | Very good potential”
+ AI-assisted expense categorisation learning from corrections
“Holded also promotes AI-assisted expense categorisation that learns from previous corrections and accounting decisions.”
− accounting accuracy requires supervision
“The second still deserves supervision.”
− VAT rate recognition needs checking
“VAT rate | Needs checking”
− accounting account needs checking
“Accounting account | Needs checking”
− fully autonomous bookkeeping not trustworthy blindly
“Fully autonomous bookkeeping | Not something I'd trust blindly”
− workflows oriented towards Spanish tax requirements
“Holded's expense capture and accounting workflows are heavily oriented towards Spanish tax requirements.”