Accounting · head to head
Netvisor vs Pennylane
Netvisor
Accounting
Finnish cloud accounting and payroll with pricing built from a base fee plus per transaction charges
- From
- Free
- Rated
- -
Pennylane
Accounting
French tool combining business finances, accounting and a pro account in one platform
- From
- On request
- Rated
- -
The short version
- Only Netvisor has a free tier, so it costs nothing to try first.
- Each has a real cost: Netvisor pricing is a base fee plus a charge per sales invoice, per purchase invoice, per payslip and per other transaction, so a company with high document volumes pays a bill that scales with trading activity and cannot be budgeted as a fixed monthly cost.; Pennylane no pricing is displayed on the homepage or linked pricing page; visitors are directed only to a Demarrer maintenant (Start now) signup flow with no published EUR figure
- Prices and features above were last checked on 30 August 2026.
Where they differ
Only the attributes on which Netvisor and Pennylane actually diverge.
Identical on both: platforms (Web), user rating (Not yet rated), category (Accounting).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Netvisor
- Finnish general ledger
- Value added tax reporting
- Bank connections
- Electronic invoicing
- Purchase invoice workflow
- Sales invoicing
- Payroll
- Incomes register reporting
Only in Pennylane
Nothing recorded that Netvisor does not also cover.
What people use each for
The jobs each tool is most often brought in to do.
Netvisor
- A Finnish company whose accounting firm works in Netvisor and wants the client approving purchase invoices in the same systemnot Pennylane
- A Finnish employer needing payroll that handles collective agreement terms and reports to the incomes register on timenot Pennylane
- A business receiving and sending structured e-invoices with Finnish counterparties that require themnot Pennylane
- A Finnish accounting practice standardising clients on one system with a shared role model rather than one instance per clientnot Pennylane
Pennylane
- Automated invoicing with payment reminders and collectionsnot Netvisor
- Real-time cash flow visibility and financial forecastingnot Netvisor
- Employee expense management with card controls and workflowsnot Netvisor
- Automated supplier invoice payment processingnot Netvisor
- Mandatory e-invoicing compliance (France September 2026)not Netvisor
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Netvisor
- Pricing is a base fee plus a charge per sales invoice, per purchase invoice, per payslip and per other transaction, so a company with high document volumes pays a bill that scales with trading activity and cannot be budgeted as a fixed monthly cost.
- It serves Finland, so the tax and payroll logic is useless to entities filing elsewhere, and a Nordic group ends up running a different system in each country even where they belong to the same corporate family.
- The interface, help material and support operate in Finnish, so a foreign owned subsidiary needs a Finnish speaking bookkeeper or accounting firm to operate it and cannot supervise it directly from head office.
- Finnish payroll requires collective agreement terms to be configured correctly, and getting holiday pay, supplements and shift rules right is specialist work usually done by a partner, so payroll implementation is a paid project rather than a setup wizard.
- Because most deployments come through an accounting firm, the practical service you receive depends on that firm's competence with the product, and changing accountant can mean changing system or inheriting a configuration nobody documented.
Pennylane
- No pricing is displayed on the homepage or linked pricing page; visitors are directed only to a Demarrer maintenant (Start now) signup flow with no published EUR figure
- The product bundles accounting, invoicing and a business bank account together, so buyers cannot subscribe to only one function
Pricing, plan by plan
Netvisor
Free- Starter$25/month
- Basic accounting, 1000 transactions, invoicing, payroll for 1 person
- Basic$25/month
- Basic accounting plus invoicing, 2.06 euros per invoice item, unlimited users, email support
- Core$25/month
- All Basic features, invoices included in monthly cost
- Professional$25/month
- All Core features, broadest software interface, budgeting, reporting, forecasting, purchase and sales orders
Pennylane
On requestNo published plan breakdown. See the Pennylane review.
Which should you pick?
Choose Netvisor if
- You need finnish general ledger.
- You want to start without paying.
- You also want value added tax reporting.
Choose Pennylane if
Nothing in the data separates Pennylane from Netvisor on the points above - pick on price and on how each one feels to use.
Questions people ask
- Is Netvisor or Pennylane better?
- Neither clearly leads. Netvisor starts at Free and Pennylane at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Netvisor or Pennylane?
- Netvisor has a free tier; the other does not. Paid plans start at Free for Netvisor and On request for Pennylane.
- Does Netvisor or Pennylane run on more platforms?
- Both run on Web, so platform support will not decide this one for you.
- Can I use Netvisor for free?
- Yes. Netvisor has a free tier, so you can try it without paying. Pennylane starts at On request.
- What is Netvisor best used for?
- Netvisor is most often used for a finnish company whose accounting firm works in netvisor and wants the client approving purchase invoices in the same system, a finnish employer needing payroll that handles collective agreement terms and reports to the incomes register on time, a business receiving and sending structured e-invoices with finnish counterparties that require them, a finnish accounting practice standardising clients on one system with a shared role model rather than one instance per client. Of those, a finnish company whose accounting firm works in netvisor and wants the client approving purchase invoices in the same system and a finnish employer needing payroll that handles collective agreement terms and reports to the incomes register on time are not what Pennylane is typically brought in for.
- What can Netvisor do that Pennylane cannot?
- Netvisor covers Finnish general ledger, Value added tax reporting, Bank connections, Electronic invoicing.
Answered from the vendors’ own pages
Netvisor: Is Netvisor usable outside Finland?
Not as a compliance system. The value is the Finnish tax, banking, e-invoicing and payroll logic. Companies filing elsewhere should look at the local product in the Visma range or another local vendor.
Pennylane: What financial processes does Pennylane help automate?
Pennylane streamlines multiple financial functions including invoice creation, expense management, payment collection, and receipt documentation. The platform centralizes data from facturation, purchasing, treasury, and accounting in one unified system.
SourceNetvisor: Why is the pricing structured per transaction?
It reflects a Finnish market convention where the accounting firm's fee also scales with document volume. It means a low volume company pays very little and a high volume one pays a great deal, so estimate your annual invoice and payslip counts before comparing headline prices.
Pennylane: Can Pennylane help with corporate spending control?
Yes. Pennylane provides corporate cards for employees with built-in spending controls and authorization workflows, allowing businesses to manage team expenses while maintaining visibility and approval requirements.
SourceNetvisor: Can my accounting firm work in it with me?
Yes, that is the intended model. The practice and the client share one instance with different roles, so the firm does the bookkeeping while you approve purchase invoices and issue sales invoices.
Pennylane: Does Pennylane provide real-time financial visibility?
Yes. Pennylane's unified dashboard provides live transaction visibility and real-time cash flow monitoring across the entire business, helping teams access financial data instantly.
SourceNetvisor: Does it handle payroll for collective agreements?
It supports Finnish collective agreement based payroll, but configuring the specific agreement terms correctly is expert work normally done during a paid implementation. Do not assume payroll is switched on the same week as accounting.
Netvisor: What about the incomes register?
Reporting earnings to the national incomes register within the statutory deadline is built in, which is one of the main reasons Finnish employers use a local product rather than an international one.
Netvisor: Is it a full ERP?
It includes inventory and fixed assets alongside the ledger, which covers a good deal of a small distributor's needs, but it is a financial management system rather than a manufacturing or full supply chain ERP.
Related pages
Other head to heads
- Netvisor vs Airbase
- Netvisor vs QuickBooks
- Netvisor vs Ramp
- Netvisor vs Melio
- Netvisor vs Money Forward Cloud
- Netvisor vs Maxio
- Netvisor vs DATEV
- Netvisor vs Metronome
- Netvisor vs Yooz
- Netvisor vs Causal
- Netvisor vs Bill.com
- Netvisor vs Basware
- Netvisor vs Invoicely
- Netvisor vs Invoicera
- Netvisor vs Lago
- Netvisor vs Modern Treasury
- Netvisor vs Moss
- Netvisor vs Spendesk
- Netvisor vs Fyle
- Netvisor vs Qonto
- Netvisor vs Circula
- Netvisor vs BlackLine
- Netvisor vs IRIS KashFlow
- Netvisor vs Avalara
- Netvisor vs Chargebee
- Netvisor vs Cledara
- Netvisor vs FloQast
- Netvisor vs Hnry
- Pennylane vs Airbase
- Pennylane vs QuickBooks
- Pennylane vs Ramp
- Pennylane vs Melio
- Pennylane vs Money Forward Cloud
- Pennylane vs Maxio
- Pennylane vs DATEV
- Pennylane vs Metronome
- Pennylane vs Yooz
- Pennylane vs Causal
- Pennylane vs Bill.com
- Pennylane vs Basware
- Pennylane vs Invoicely
- Pennylane vs Invoicera
- Pennylane vs Lago
- Pennylane vs Modern Treasury
- Pennylane vs Moss
- Pennylane vs Spendesk
- Pennylane vs Fyle
- Pennylane vs Qonto
- Pennylane vs Circula
- Pennylane vs BlackLine
- Pennylane vs IRIS KashFlow
- Pennylane vs Avalara
- Pennylane vs Chargebee
- Pennylane vs Cledara
- Pennylane vs FloQast
- Pennylane vs Hnry