Pennylane

Pennylane is a Paris-based platform, founded in 2020, that puts bookkeeping, sales and purchase invoicing, supplier payments, cash forecasting and a business account in one workspace that the company shares with its accountant. Bank feeds are categorised and reconciled automatically. Supplier invoices arrive by email, upload, the mobile app or connectors, and can be paid in bulk by SEPA transfer. The included pro account comes with a French IBAN and physical, virtual and single-use Mastercard cards with spending limits. Pennylane is approved for French e-invoicing, and the top tier adds electronic filing of VAT returns and annual tax returns. It suits French freelancers, very small companies, SMEs and accounting firms that want their clients on the same system. On the freelancer track, pricing is a monthly fee per company, excluding VAT: Starter at 7 euros, Basique at 14, Essentiel at 24 and Premium at 79. Each plan includes one user and up to 1,200 invoices a year. A third-party review lists company tiers that rise with headcount, reaching 199 euros a month for 6 to 15 employees, with a quote above that. Pennylane's own page now sends companies with employees to sales for a quote. There is a 15-day free trial, and you can cancel at any time. The vendor and reviewers cite more than 200 connectors, including Shopify, WooCommerce, Stripe, GoCardless, Payfit, Silae, Sellsy, Qonto and Zapier. API access starts at Essentiel. The main limitation is that the product is built around French accounting and tax rules. It has no payroll or CRM of its own, and full accounting reports are reserved for Premium, which reviewers consider expensive.