Questions (FAQ)
Everything you need to know about Snab and our platform
General About Snab
1. What is Snab?
Snab is a cloud-based, AI-powered finance and operations automation platform. It helps organizations streamline processes such as accounts payable, accounts receivable (billing), treasury management, and financial analysis — all in one integrated solution
2. Why did Snab get started?
Snab was founded by Gorka Aguirre (CEO) after experiencing first-hand the frustration of broken and inefficient finance processes at a multinational firm in New York.
Seeing how outdated workflows wasted time, created errors, and slowed down entire teams, he recognized a clear opportunity for change.
Snab was born to simplify finance through automation and intelligence, eliminating friction across industries.
3. How does Snab help companies manage their finances?
AI-powered efficiency
Extracts data in seconds with AI, eliminating repetitive manual tasks such as data entry and reconciliation.Process automation
Automates accounting workflows and streamlines approval chains, reducing bottlenecks and speeding up operational processes.Accuracy & reliability
Reduces human errors and inconsistencies, while ensuring compliance and maintaining complete audit trails.Unified & collaborative platform
Breaks down data silos by creating a single source of truth across AP, AR, treasury, and analysis—enabling finance teams and business units to collaborate seamlessly.Smarter decision-making
Provides real-time insights that ease cash flow forecasting and empower faster, better-informed business decisions.
4. How is Snab different from other financial software solutions?
Snab is different from all solutions in the market. It has learned from the pains of hundreds of CFOs and COOs, and is building a solution that truly serves them all.
Modular & scalable approach: Adopt only the modules you need, and scale over time.
End-to-end integration: AP, AR, treasury, and AI data analysis are unified in one platform, eliminating silos. 1 Platform instead of 5.
AI-driven capabilities: Leverages AI and intelligent automation to speed up tasks, improve accuracy, and support decision-making.
Multi-entity, global support: Handles multiple jurisdictions, currencies, and complex structures with ease.
5. What industries does Snab specialize in?
Snab is a generic, sector-agnostic solution designed to adapt seamlessly across industries, serving clients from banking and financial institutions, asset management and servicing, real estate, energy and infrastructure, private equity and venture capital, to business services
6. Is Snab designed for small, medium, or large companies?
SMEs can benefit from Snab’s modular approach, but its full value shines for mid-to-large enterprises and financial institutions. Snab is built to support complex organizational needs—such as multi-entity ecosystems, cross-border operations, diverse currency environments, and intricate client management structures—where traditional finance solutions often fall short. All of this comes with no-code, 100% customization, and zero reliance on external consultants
Features & Product
7. What modules does Snab offer?
Snab provides four main modules: Accounts Payable Automation, Accounts Receivable & Electronic Invoicing, Treasury Management, and an AI Financial Analyst that gives intelligence and insights across your financial data.
8. Does Snab automate accounts payable?
Yes. Snab streamlines the entire AP cycle with invoice scanning, AI-powered data extraction, multi-level approval workflows, supplier management, due-date monitoring, and ERP/bank integration — ensuring payments are accurate and on time.
9. Does Snab automate accounts receivable?
Yes. With Snab, you can generate and send invoices automatically, issue recurring billing, comply with e-invoicing regulations, and track collections and overdue payments in one place.
10. Does Snab include treasury management tools?
Yes. Snab’s treasury module connects to 10,000+ banks worldwide, giving real-time visibility of balances and transactions, automated bank reconciliation, and cash flow forecasting across all your entities.
11. How does Snab use AI in financial workflows?
Snab’s AI Native engine acts like a digital financial analyst: it extracts and structures data from documents, automates repetitive tasks, analyzes transactions, and allows you to interact with your financial data in natural language to speed up decision-making.
12. Can Snab extract data from invoices automatically?
Yes. Using AI and OCR technology, Snab captures all relevant fields from invoices and documents automatically, eliminating manual entry and reducing errors.
13. Can Snab handle electronic invoicing?
Yes. Snab supports electronic invoice creation, delivery, and compliance with regulatory standards, helping you manage AR seamlessly while staying tax-compliant.
14. How does Snab support payment approvals?
Snab enables customizable multi-level approval workflows. Finance and operations teams can define rules, assign approvers, and ensure every payment is validated before execution, improving security and compliance.
15. Does Snab provide real-time cash visibility?
Yes. With direct bank connectivity and consolidated dashboards, Snab gives real-time access to cash positions, balances, and transactions across multiple banks and subsidiaries.
16. Can I generate financial reports directly from Snab?
Yes. Snab provides dashboards and AI-driven analytics to create reports on cash flow, payables, receivables, and treasury operations. The AI financial analyst module lets you query and build insights directly from your financial data.
Integrations & Compatibility
17. Which ERP systems does Snab integrate with?
Snab integrates bi-directionally with leading ERP platforms used by finance teams. While specific systems depend on your setup, Snab is designed to connect with widely adopted ERPs to ensure a seamless flow of financial data.
18. Can Snab connect with my accounting software?
Yes. Snab can connect with most modern accounting solutions via direct integrations or APIs, allowing data to move automatically between your accounting system and Snab’s modules.
19. Does Snab integrate with banking platforms?
Yes. Through its treasury module, Snab connects with over 10,000 banks worldwide, enabling real-time access to balances, transactions, and payments.
19. Is Snab compatible with legacy systems?
Yes. Snab can work with legacy systems by using data imports, middleware, or custom API connections. This ensures older infrastructure does not prevent modernization of financial workflows.
20. Can Snab integrate with other fintech tools we already use?
Yes. Snab is built to be modular and integration-friendly, meaning it can connect with other fintech and enterprise tools you already rely on, creating a unified financial ecosystem.
Implementation & Onboarding
21. How long does it take to implement Snab?
Snab is designed for fast deployment — most clients can be operational in hours or days, not months, depending on the complexity of integrations and modules selected.
22. What support does Snab provide during onboarding?
Snab offers personalized onboarding since day one, including hands-on guidance, data migration support, and training for finance teams to ensure a smooth transition. We become part of your team.
23. Do I need technical knowledge to set up Snab?
No. Snab is built for finance professionals, not IT teams. The platform is intuitive and user-friendly, so your team can start using it without advanced technical knowledge, and it doesn’t require external consultants.
24. Does Snab require IT resources from my company?
For most of the cases no. If your company is very large and the project is complex, while finance teams can manage most setup independently, some IT involvement may be needed to configure ERP, bank, or legacy system integrations.
25. Can Snab migrate data from my existing system?
Yes. Snab supports secure data migration from your current ERP, accounting, or treasury systems to ensure continuity and accuracy during implementation.
Security & Compliance
26. How secure is Snab?
Snab uses enterprise-grade security standards, including role-based access controls, detailed event logs, and continuous monitoring to protect financial operations. We perform penetration tests and comply with the highest security requirements.
27. Does Snab comply with GDPR?
Yes. Snab is fully GDPR-compliant, ensuring that all personal and financial data is handled according to European data protection regulations.
28. Where is customer data stored?
Customer data is stored in secure cloud environments with strict access controls, in compliance with GDPR and other applicable regulations
29. Does Snab use encryption for sensitive data?
Yes. All sensitive data is encrypted both in transit and at rest, guaranteeing confidentiality and integrity across the platform.
30. How does Snab prevent fraud in payments?
Snab reduces fraud risk by combining multi-level approval workflows, audit trails, event history logs, and automated controls that minimize manual intervention and human error.
Pricing & Plans
31. How much does Snab cost?
Snab’s pricing is customized to each client’s needs, based on the modules, number of entities, and integrations required. Each case is unique, and we adapt to the needs of the customer.
32. Does Snab offer different pricing plans?
Yes. Snab’s modular structure allows you to pay only for the specific features and modules your business needs.
33. Is there a free trial of Snab?
Currently, Snab does not offer a free trial. Instead, the team provides personalized demos and consultations to show how the platform fits your company. As many as needed.
34. Do you charge per transaction or per user?
Pricing is not standardized by transaction or user. Instead, it is typically tailored to factors like volume, entities, and required functionality.
35. Are there additional costs for integrations?
Some advanced or custom integrations may incur additional costs, depending on the complexity of your existing systems.
Support & Training
36. What kind of customer support does Snab provide?
Snab offers dedicated customer support during onboarding and ongoing usage, ensuring issues are resolved quickly and effectively. We try to resolve minor issues the same day they occur. We are available almost 24/7.
37. Is support available in multiple languages?
Yes. Support is available in English and Spanish.
38. Do you provide training for finance teams?
Yes. Snab provides training sessions and resources during onboarding, so finance teams can quickly adapt to the platform.
39. Can I request custom features?
Yes. Snab is modular and flexible, and the team can adapt features or workflows to your specific needs. We learn and improve the platform from our customer’s requests.
40. How often is Snab updated with new features?
Snab is a continuously evolving platform. New features and AI-driven improvements are rolled out regularly (weekly and even daily) to enhance functionality and user experience.
Results & Benefits
41. How much time can Snab save my finance team?
By automating manual processes such as invoice handling, reconciliations, and approvals, Snab can reduce time spent on repetitive tasks by up to 80%.
42. Can Snab help reduce errors in financial operations?
Yes. Snab is designed to minimize errors and risks across financial workflows. By automating processes and eliminating manual intervention, Snab reduces human mistakes, prevents fraud, and ensures that all data flows through multi-level approval controls. With centralized financial data visible to all teams in real time, Snab establishes a single source of truth, preventing duplication of work and inconsistencies between departments. This unified approach helps finance teams operate with greater accuracy, transparency, and security.
43. How does Snab improve efficiency compared to manual processes?
Snab delivers an almost infinite improvement in efficiency compared to manual workflows. By eliminating repetitive tasks, preventing human intervention, and centralizing data into a single source of truth, Snab ensures that finance teams work faster, more accurately, and in perfect coordination. Approvals, reconciliations, and reporting that once took days can be completed in minutes, while automation and AI-driven insights continuously optimize operations over time — creating endless efficiency gains that manual processes can never match.
44. What ROI can companies expect from using Snab?
ROI comes from time savings, reduced errors, faster cash cycles, and better forecasting. Clients typically see measurable improvements in efficiency within the first months of use.
45. Do you have case studies or success stories from existing clients?
Snab is trusted by top financial institutions and enterprise-grade companies, and the team can share case studies and success stories upon request during your demo.
measurable business outcomes.
