Confirm Review 2025: Pricing, Features, Pros & Cons, Ratings & More

Imed Bouchrika, Phd

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

Share

Confirm: Top Performance Management Systems

4.5 / 5

Top 3 Confirm Alternatives


What is Confirm

Confirm streamlines the financial close and reconciliation process by automating traditionally manual tasks, which helps reduce errors and improve accuracy. It centralizes reconciliation data and workflows on one platform, promoting collaboration across teams and departments. This unified interface supports various reconciliation types, including bank, intercompany, balance sheet, and general ledger reconciliations, making it adaptable for different financial needs. For companies evaluating how does Confirm work, the software’s task management and workflow automation features ensure deadlines are met and internal controls are followed.

The software’s audit trail functionality records every action, change, and approval related to reconciliations, enhancing transparency and compliance with regulations. This detailed documentation simplifies external audits by verifying the accuracy and integrity of data. Confirm integrates smoothly with ERP and other financial systems, reducing manual data entry and minimizing human error, which is crucial for maintaining data accuracy in large-scale financial operations.

Designed for users with varying technical skills, Confirm offers an intuitive interface supported by documentation and customer service, easing onboarding and ongoing use. Security measures such as role-based access control, encryption, and secure authentication protect sensitive financial information from unauthorized access. When considering confirm identity verification software as part of your financial solution, these security features play a vital role in safeguarding data integrity.

For organizations interested in optimizing their financial management software choices, exploring the ranking of the best legal practice management software might provide valuable insights into selecting tools that enhance operational efficiency and compliance across different sectors.

What is Confirm

How much does Confirm cost

Confirm: Top Performance Management Systems

4.5 / 5

There is no publicly available pricing information for Confirm software. Interested users should contact the vendor directly to get detailed pricing and plan options.

How much does Confirm cost

What are the pros of Confirm

  • Robust data reconciliation features that identify and resolve discrepancies across multiple financial sources efficiently.
  • Automated matching algorithms that enhance accuracy and reduce manual work in the reconciliation process.
  • Comprehensive audit trails ensuring transparency and traceability of all reconciliation actions and adjustments.
  • Seamless integration with various ERP and accounting systems for smooth data exchange without heavy customization.
  • Configurable workflows and exception management tools to tailor processes and prioritize issue resolution effectively.
  • Support for multi-currency, multi-entity environments, and regulatory compliance with standards like SOX and IFRS.

What are the cons of Confirm

  • Limited workflow automation customization, reducing flexibility for complex processes
  • Basic reporting capabilities without support for advanced data analysis or custom reports
  • Restricted mobile app features compared to desktop version
  • Minimal user permission customization, potentially causing security concerns in larger teams
  • Performance issues with large datasets, including slower processing and occasional crashes
  • Lack of effective real-time collaboration tools, slowing team workflows

What are the core features of Confirm

Confirm: Top Performance Management Systems

4.5 / 5

Confirm offers a robust set of capabilities designed to streamline and enhance performance management processes for organizations. Its features are tailored to support detailed evaluations, continuous feedback, and alignment with company objectives, all while ensuring security and scalability.

  • Customization: Extensive options to tailor workflows, review forms, and notifications to fit unique performance management requirements.
  • Integration APIs: Powerful APIs enable smooth integration with HR systems, payroll, and third-party tools for efficient data flow and automation.
  • Internationalization: Supports multiple languages and regional settings, ideal for global companies needing localized experiences and compliance.
  • User, Role, and Access Management: Granular controls permit defining permissions by role, ensuring secure and appropriate data access.
  • 360 Reviews: Collects feedback from supervisors, peers, and direct reports to provide comprehensive performance evaluations.
  • Customizable Forms: Allows creation and modification of review forms with tailored questions, rating scales, and competencies aligned with company goals.
  • Review Status Tracking: Real-time monitoring of review progress helps managers and employees stay on schedule.
  • Goal-Setting: Facilitates defining, updating, and tracking individual goals throughout the performance period.
  • Company Goals and OKRs: Aligns individual objectives with broader company strategies to enhance focus and transparency.
  • Continuous Feedback: Enables ongoing dialogue between employees and managers beyond periodic reviews.
  • Requesting Feedback: Empowers employees to seek feedback proactively, fostering open communication.
  • 1-On-1 Meetings: Supports scheduling and documentation of private meetings to discuss progress and development plans.
  • Public Praise: Features for recognizing achievements publicly within the platform to boost motivation.
  • Dashboards and Reports: Comprehensive tools provide insights into performance trends, completion rates, and goal attainment across teams.
  • Historical Data: Maintains records of past performance to support long-term talent management strategies.
  • Automated Reminders: Sends notifications to ensure timely completion of reviews and goal updates.
  • Mobile Accessibility: Allows users to engage with reviews, feedback, and goals via mobile devices for convenience.
  • Competency Management: Defines and assesses role-specific competencies to target development efforts.
  • Performance Calibration: Facilitates discussions among managers to align ratings and maintain fairness.
  • Audit Trails: Keeps detailed logs of changes to reviews, goals, and feedback for transparency and compliance.
  • Data Export: Enables export of performance data and reports for further analysis or system integration.
  • Multi-Cycle Management: Supports simultaneous management of multiple review cycles for diverse organizational schedules.
  • Employee Self-Assessments: Encourages employees to complete self-evaluations as part of the review process.
  • Manager Calibration Notes: Allows documentation of the reasoning behind performance ratings during calibration.
  • Role-Based Analytics: Reporting can be filtered by role to focus on specific groups or hierarchy levels.
  • Feedback Anonymity Options: Provides settings to enable anonymous feedback, promoting candid evaluations.
  • Learning and Development Integration: Links performance results to training plans for targeted employee growth.
  • Compliance Management: Enforces mandatory review steps and data retention policies to meet labor regulations.
  • Multi-Language Support in Forms: Review forms and feedback can be delivered in various languages to serve diverse workforces.
  • Scalable Architecture: Designed to efficiently support organizations ranging from small teams to large enterprises without performance loss.

Benefits of using Confirm

Confirm software delivers a powerful range of capabilities designed to optimize data validation and reconciliation workflows. Below is a detailed overview of its core benefits, helping prospective customers understand how it can meet diverse operational demands and improve overall efficiency.

  • Automated Reconciliation and Validation: Confirm eliminates tedious manual data matching by automating reconciliation across multiple sources. This automation not only boosts accuracy but also accelerates processing time, enabling teams to focus on higher-value tasks.
  • Comprehensive Audit Readiness: The platform maintains thorough audit trails and documentation, simplifying compliance efforts. This makes internal and external audits more efficient and less disruptive, which is crucial for regulated industries.
  • Seamless Integration with Existing Systems: Confirm connects smoothly with ERP, accounting, and data management tools, ensuring uninterrupted data flow. This integration reduces manual data entry, lowers the risk of duplication, and supports consistent data integrity.
  • Customizable Workflows for Diverse Needs: Users can adapt workflows to match specific business rules and approval processes, ensuring alignment with organizational policies. This flexibility supports teams of all sizes and structures.
  • Advanced Reporting and Insights: Built-in reporting tools deliver detailed analytics on reconciliation status and operational performance. These insights empower decision-makers with actionable data to drive strategic improvements.
  • User-Centric Interface and Collaboration: Confirm’s intuitive design encourages adoption across departments and shortens training time. Role-based access facilitates secure collaboration among finance, operations, and audit teams without compromising data security.
  • Risk Reduction and Dispute Resolution: By ensuring timely identification and resolution of discrepancies, Confirm mitigates financial and operational risks. Transparent audit trails also speed up dispute resolution with counterparties.
  • Flexible Deployment Options: Organizations can choose between cloud-based or on-premises installations, allowing them to tailor the deployment according to IT infrastructure and security requirements.

Our expert take on Confirm

When I first explored the confirm software review and features, what struck me was how it effectively streamlines financial close and account reconciliation. The automation capabilities are particularly helpful in cutting down manual data entry and reducing errors, which is a huge relief for any finance team. I found that its integration with multiple ERP systems ensures data stays synchronized, maintaining accuracy across all records without extra manual effort.

One aspect I appreciate is the comprehensive audit trail that confirm offers, which really supports compliance needs. In industries with strict financial reporting standards, having transparent records simplifies audits and helps keep everything above board. This level of traceability is crucial when you want to avoid surprises during regulatory reviews.

Another strength lies in the reporting tools. They allow you to generate detailed, customizable reports that help quickly spot discrepancies and support strategic decisions. Having clear financial insights at your fingertips can make a significant difference when managing complex operations.

That said, if your company is very large with complex workflows, you might find confirm could use enhanced scalability or more advanced customization. It seems especially well-suited for mid-sized organizations, but extremely large enterprises may need to consider this limitation.

Customer support and training resources also stood out to me. Comprehensive onboarding combined with responsive assistance can really ease the transition and help maximize the software’s potential, reducing downtime in the critical early stages of implementation.

Security is another area where confirm performs strongly. The software employs robust data protection measures that assure sensitive financial information stays safe from breaches or unauthorized access, which is non-negotiable in today’s environment.

Because confirm is cloud-based, it supports flexible remote access without compromising performance or security. This is especially useful for distributed teams or businesses embracing remote work setups.

If you're evaluating financial software options, you might also want to check out this article on top marketing software to explore solutions that could complement your financial tools and enhance overall business operations.

Overall, my perspective on confirm software review and features is that it offers a balanced mix of automation, integration, compliance support, and usability that can significantly improve financial close processes while maintaining strong security and support.

Our expert take on Confirm

What business types use Confirm

Manufacturing Giants Streamline Complex Accounting: Large multinational manufacturing corporations with intricate accounting systems and numerous subsidiaries rely on Confirm to automate reconciliations and accelerate month-end close processes, minimizing errors and improving reporting speed. These businesses that use Confirm software benefit from enhanced accuracy amid vast transaction volumes.

Financial Services Excel in Compliance: Banks, insurance firms, and investment companies operate in tightly regulated environments where audit readiness is vital. Confirm automates manual reconciliation tasks, enabling these companies benefiting from Confirm platform to maintain transparent financial records and focus on risk management and regulatory reporting, boosting operational efficiency.

Retail Chains Optimize High-Volume Transactions: Retail and consumer goods enterprises face massive daily transactions across multiple outlets and distribution points. Confirm supports quick data consolidation and reconciliation, empowering accurate financial reporting and inventory oversight essential for profitability and market responsiveness.

Professional Services Enhance Client Offerings: Consultancies and accounting firms utilize Confirm’s automation to reduce repetitive workload, freeing resources for financial analysis and advisory activities. This enables improved internal operations and superior client service delivery in these sectors.

Healthcare Providers Ensure Billing Accuracy: Complex billing and reimbursement processes in hospitals and healthcare organizations demand precise financial reconciliation. Confirm assists in maintaining accurate data compliant with healthcare regulations, safeguarding operational stability and funding channels.

Technology Firms Scale Financial Operations: Rapidly expanding tech companies encounter growing complexity in financial closes. Confirm integrates with existing ERP systems, automating reconciliations and shortening closing cycles, which supports strategic decision-making and investor relations.

Nonprofits and Educational Institutions Maintain Transparency: Operating under tight budgets, these organizations require reliable financial reporting to satisfy donors and regulators. Confirm’s automation tools help maintain clear, verifiable records without increasing administrative workload, a key advantage for these businesses that use Confirm software.

Energy and Utilities Manage Complex Contracts: Companies in these sectors handle large contracts and stringent regulatory requirements. Confirm automates account reconciliations related to asset management and revenue, improving compliance and financial accuracy.

Telecommunications Handle Complex Billing Efficiently: Telecom companies with multifaceted service plans and high transaction volumes leverage Confirm to reduce errors and expedite closing processes, enhancing financial reporting timeliness and cash flow management.

Additional Resources for Selecting Software: For those exploring software solutions beyond financial reconciliation, the list marketing platform offers valuable insights into marketing platforms that might complement Confirm’s capabilities in streamlining business workflows.


Frequently Asked Questions about Confirm

Is Confirm a cloud-based Software?

Confirm operates entirely in the cloud, allowing users to access the platform remotely without requiring any local installations. This facilitates flexibility and remote work for teams managing expenses and approvals.

Can Confirm integrate with other financial systems?

Indeed, Confirm supports integration with widely used accounting and ERP platforms, ensuring smooth data exchange across different financial systems and reducing manual reconciliation efforts.

What types of expenses can be managed through Confirm?

The software handles a broad spectrum of expenses including invoices, purchase orders, travel-related costs, and payments to suppliers, making it adaptable to various financial workflows.

How does Confirm manage invoice approval workflows?

Confirm features customizable approval workflows that can be tailored to align with a company’s specific policies and hierarchical approval structures, streamlining invoice validation processes.

Does Confirm assist with compliance and auditing?

By maintaining comprehensive audit trails and documentation, Confirm helps organizations adhere to regulatory standards and simplifies internal auditing procedures.

Is training necessary to use Confirm effectively?

While designed for ease of use, some initial onboarding or training is advisable to maximize the software’s capabilities and properly configure workflows according to organizational needs.

What support does Confirm provide to its users?

Users can access customer support through online help resources, dedicated help desks, and potentially account managers, depending on the subscription level chosen.

Is mobile access available with Confirm?

Confirm offers mobile-friendly interfaces or dedicated applications, enabling users to manage expenses and approvals conveniently from their mobile devices.

How secure is Confirm’s platform?

The platform incorporates robust security protocols including encryption, controlled access, and ongoing security updates to safeguard sensitive financial data.

Can Confirm scale with a growing business?

Yes, the software is built to expand alongside business growth, allowing additional users and enhanced functionalities to be added as organizational needs evolve.

Is there a free trial option For Confirm?

Prospective customers often have the opportunity to test Confirm through free trials or demos, helping them evaluate the software before committing to a purchase.