(And who they’re texting back instead)
Let’s be honest. Banks are great for what they were built todo.
Hold your money? Sure.
Give you a loan? Absolutely.
Charge you mysterious fees that show up three days later without context? Everytime.
But when it comes to actually running a finance team in 2025paying vendors, managing multiple entities, controlling FX exposure, closingthe books faster banks are just... there.
Here’s what they’re not doing:
What banks are not built for:
- Keeping your accounts payable engine running on time
- Giving you visibility across multiple entities without five logins and a dozen spreadsheets
- Helping you avoid getting crushed on FX every time you make an international payment
- Actually, integrating with your ERP
- Charging reasonable fees (you’d think a $30 wire fee still came with a gold-plated envelope)
Banks aren't bad. They’re just stuck. And finance teams have outgrown them.
So, what’s Finofo doing differently?
We didn’t set out to replace your bank. We just asked, whatif finance tools actually helped finance people?
That’s why we built one. With:
• Automated AP workflows that don’t make you chase invoice approvals like a medieval courier
• Global payments that go out same day for less than what banks charge to receive money
• FX accounts in 25+ currencies so you stop losing 3 percent every time you sneeze in USD
• Multi-entity control that doesn’t require logging into four portals like a finance-themed escape room
• ERP integrations that actually sync and stay synced
TL;DR
If your bank feels like a landline, Finofo is the iPhone.
We’re not here to bash banks. We still like them for holdingfunds and issuing credit. But if you’re a finance team trying to scale withoutpulling your hair out, Finofo is the operations sidekick your spreadsheets havebeen praying for.
Want to see what switching looks like without the breakupdrama?
Check out the comparison here
You can even keep your bank. No hard feelings.
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