Onpoint Finance
Onpoint provides invoice-based budget tracking software that automatically extracts line-level data from uploaded invoice PDFs and maps each line item to the corresponding budget category. The platform eliminates manual spreadsheet entry and ERP integration requirements, giving budget owners real-time visibility into supplier names, item descriptions, unit prices, and dates. It automatically flags price differences across departments, duplicate invoices, and unusual amounts, with EU-hosted, GDPR-compliant data storage.
- Enterprise Software
- Data & Analytics
- Software Only
- Financial Technology
Funding
Founders
Founder details are not available yet.
Product
Problem
Budget tracking in most companies relies on manual spreadsheet entry, which compresses detailed invoice data into single numbers and hides critical information like supplier names, line items, and purchase dates. This lack of visibility means finance teams cannot explain budget deviations, buyers negotiate without price history, and departments unknowingly pay different prices for identical items—leading to significant overspending that goes unnoticed.
Solution
Onpoint provides invoice-based budget tracking software that automatically extracts line-level data from uploaded invoice PDFs and maps each line item to the corresponding budget category. The platform eliminates the need for ERP integration or manual data entry by reading supplier names, item descriptions, unit prices, and dates directly from invoices, then linking every budget cell back to its source documents. Users get real-time actuals that are always current, automatic explanations for budget deviations, and visibility into price differences across departments and suppliers. The system flags anomalies like duplicate invoices or unusual amounts, and enables users to filter spend by supplier, item, or time period without waiting for finance to pull reports. Onpoint also supports automatic invoice forwarding via email, so new invoices are processed as they arrive, keeping the data continuously up to date. The platform positions itself as an add-on to existing ERP systems, reading P&L data and invoices to give every budget owner their own numbers updated daily.
Target Audience
Primary customers are finance teams, department managers, and procurement buyers in mid-to-large companies who need real-time visibility into spend without relying on ERP access or waiting for month-end reports.
Features
- Automatic extraction of line-level invoice data including supplier, item description, unit price, quantity, and date from PDF uploads
- Real-time actuals that update automatically as new invoices are processed, eliminating manual spreadsheet entry
- Automatic deviation explanations that link budget variances directly to the specific invoices and line items that caused them
- Cross-departmental price comparison that flags identical items purchased at different prices across teams or locations
- Anomaly detection for duplicate invoices, unusual amounts, and first-time suppliers
- Email-based invoice forwarding that processes new invoices automatically without manual upload
- Budget line drill-down capability showing the full invoice history behind any cost cell
- Automatic categorization and allocation of multi-category invoices to the correct budget lines
- EU-hosted data storage with end-to-end encryption (TLS 1.2+ in transit, AES-256 at rest) and GDPR compliance
- Role-Based Access Control with Multi-Factor Authentication and Single Sign-On for Enterprise customers