Comparison
Finovo vs Pennylane
Pennylane is excellent for French businesses working closely with their accountant. But if you also need UK or German compliance, here’s what changes.
| Feature | Finovo | Pennylane |
|---|---|---|
| Starting price | £15/mo | €24/mo (France only at base) |
| French TVA (DGFiP) | Included — direct API submission | Core feature — excellent DGFiP integration |
| UK VAT (HMRC MTD) | Included — direct MTD submission | Not supported |
| German VAT (ELSTER) | Included — ERIC API | Not supported |
| French Payroll (DSN/URSSAF) | DSN generation, URSSAF submission | Via accountant integration (not native) |
| UK Payroll (PAYE/RTI) | From Professional plan | Not supported |
| German Payroll (DATEV) | From Professional plan | Not supported |
| Open banking | 2,400+ UK & EU banks — daily sync | French and EU banks — strong coverage |
| Accountant collaboration | Accountant access included | Accountant-first design — excellent collaboration |
| Expense management | AI OCR receipt capture | Yes — with Pennylane card integration |
| Multi-currency | 50+ currencies, live rates | Yes — EUR focused |
| SEPA batch payments | Yes — pain.001 XML | Yes |
| Fixed assets | Yes — automated depreciation | Yes |
| English / German UI | EN / FR / DE | French-first (EN in progress) |
| Free trial | 30 days — no card required | Demo on request |
Our honest take
Pennylane is outstanding for French businesses with a dedicated accountant. Its accountant-collaboration features are best-in-class, and DGFiP integration is deep and reliable.
Finovo wins on breadth: UK MTD, ELSTER, and payroll for all three countries in one subscription. If your business spans borders — or you want to expand to the UK or Germany — Finovo removes the need for separate tools in each market.
Pennylane is also primarily French-language today. Finovo’s UI is fully translated into English, French and German from day one, making it easier for international teams.
Try Finovo free for 30 days
No credit card required. Import from Pennylane via CSV in minutes.