Collmex

Collmex

2 Review(s)

Overview

Collmex is an extensive accounting platform that provides reliable online accounting with balance sheets, profit and loss, and official VAT submission for businesses. While the platform’s design is slightly outdated, it offers extensive asset accounting and cost center management for financial transparency.

Overall Rating

Based on 2 users reviews

5

Rating Distribution

Positive

100%

Neutral

0%

Negative

0%

Starting Price
Custom

Collmex Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

View All Specifications

What Is Collmex?

Collmex software is a cloud-based accounting platform that offers an online accounting solution providing income statements, balance sheets, e-balance sheets, and official VAT submissions. It includes posting templates, receipt management, cash books, and open item tracking for streamlined bookkeeping. The platform’s asset accounting supports all common depreciation methods, while cost centers and sub-company features allow multi-business management. It also offers online banking that enables statement imports, transfers, and ‘SEPA’ direct debits.

Collmex Pricing

Collmex pricing varies according to the following plans:

  • Basic Plan: €16.95/month (plus VAT)
  • Plus Plan: €24.95/month (plus VAT)
  • Per Plan: €46.95/month (plus VAT)
Get a Collmex price customized to your business requirements and budget.

Disclaimer: The pricing is subject to change.

Collmex Integrations

Collmex software integrates with a wide range of apps, including:

  • Sage Business Cloud Payroll
  • Kontool
  • PayJoe
  • eBay
  • Shopify
  • WooCommerce
  • Magento
Book a free Collmex demo to explore/learn more about the integration arrangements.

Who Is Collmex For?

Collmex is suitable for the following sectors:

  • E-commerce
  • Accounting

Is Collmex Right For You?

Collmex software is a comprehensive accounting system suitable for businesses aiming to maintain accurate financial reporting, automate VAT returns, and manage assets efficiently. It offers travel expense reporting and online banking to streamline daily accounting tasks and reduce manual work. The platform’s cost centers, and sub-company features make it adaptable for growing businesses.

Still doubtful if Collmex is right for you? Contact our customer helpline at (661) 384-7070 for further guidance.

Collmex Features

Collmex manages fixed assets with acquisition date, purchase price, and depreciation method. It calculates depreciation runs automatically, allowing all depreciation postings to be completed at month or year-end with a single step.

See How It Works

The software captures, posts, and archives documents such as supplier invoices and cash receipts. It verifies and imports E-invoices automatically, while other PDF or scanned files are processed through OCR for accurate posting.

See How It Works

The platform retrieves or imports bank statements in standardized formats and extracts data like posting text, dates, and account assignments. This automation accelerates the posting process compared to manual entry.

See How It Works

The system records business trip costs as deductible expenses and reimbursable amounts for employees. It keeps legal allowances for accommodation and meals up to date for accurate calculation of tax-free reimbursements.

See How It Works

Pros And Cons of Collmex

Pros

  • Generates income statement, balance sheet, and e-balance sheet easily

  • Enables asset accounting with all common depreciation methods

  • Facilitates cost centers and ‘BWA’ reporting for financial analysis

  • Support online banking with statement imports and SEPA transfers

Cons

  • Does not support direct import for PayPal transactions

  • Only allows one person as an administrator, limiting other users’ experience

Collmex Reviews

Total 2 reviews

5

All reviews are from verified customers

Rating Distribution

5

Stars

100%

4

Stars

0%

3

Stars

0%

2

Stars

0%

1

Stars

0%

Share your experience

RT

Roland T.

Employee Health, N/A employees

Less than a year

5.0
March 2024

“Simple tool for startups

Pros

Setting up the software along with the email archive and HBCI interface was done smoothly. Once I had my vendor and customer info filled out properly, it could recognize new receipts and give me a booking suggestion that worked most of the time. I only need to make small changes here and there. For vendor payments, I do them right through Collmex using HBCI which works great. The support team replies within a day on weekdays if I get stuck, though it's only through email. What I found super useful was the travel cost tool. My coworkers can log in, add their trip details with just a few clicks and it all goes into the financials directly. It couldn't be more convenient.

Cons

The layout is clean and practical. There are tons of booking templates under the �Posting� section but you don't really notice how useful they are until you get into it. Usability feels pretty good once you learn your way around, though there's still room to make it better.

Rating Distribution

Ease of use

9

Value for money

10

Customer Support

10

Functionality

10

MQ

Michael Q.

eCommerce, N/A employees

More than a year

5.0
October 2022

“Feature-rich but minor flaws

Pros

Price was one thing that got my attention early on but what really sold me were the features. The suggested entries and templates helped me a lot. Even handling tricky transactions wasn't hard. I liked that I could manage multiple companies under one account with the larger version. It's fast too�no flashy designs, just a clean layout that keeps things moving. Their fixed asset management section was my favorite part. Every type of asset and depreciation method I needed was included.

Cons

The design could definitely use a bit of a modern touch. That could even be handled with a little CSS honestly. One thing I really didn't like was how receipts are saved through your email inbox. That method might work for some but I found it clunky. You've also got to keep your inbox linked all the time since Collmex stores the paths internally. Another downside is not being able to import PayPal directly. First, you have to download from PayPal, then convert it to MT940 format. That process just feels outdated now.

Rating Distribution

Ease of use

9

Value for money

10

Customer Support

10

Functionality

8

View All 2 Reviews

Frequently Asked Questions

The vendor offers customized pricing plans according to different business needs. It offers a Basic Plan at €16.95/month (plus VAT), a Plus Plan at €24.95/month (plus VAT), and a Per Plan at €46.95/month (plus VAT). Get a customized Collmex cost breakdown for your business today.

Collmex software integrates with a wide range of apps, including Sage Business Cloud Payroll, Kontool, PayJoe, eBay, Shopify, WooCommerce, and Magento.

Collmex offers support through email and form submission.

Yes, Collmex does offer an API.

Collmex supports German language only.

No, Collmex does not offer a mobile app.

The typical users of Collmex include sectors like accounting and e-commerce.