Helcim Review: Pros, Cons, Features, and Pricing
Helcim is an accounts receivable automation software that simplifies payment processing, invoicing, and online transactions. It's ideal for small to medium-sized businesses, particularly in retail and service industries, as well as service providers and business owners seeking flexible payment options. Helcim offers a transparent pricing model and excellent customer support.
Helcim addresses delayed payments and manual invoicing for finance operations and collections teams by offering tools such as virtual terminals, payment pages, and recurring payments. In this article, I'll cover Helcim's features, pros and cons, use cases, pricing, processing rates, and functionality to help you decide whether this software aligns with your payment processing and invoicing needs.
Helcim Evaluation Summary
- From 1.58% + 6¢ per transaction plus hardware costs
- Free account available; only pay on transactions
Why Trust Our Software Reviews
Helcim Overview
In my opinion, Helcim offers excellent value for small to medium-sized businesses seeking merchant services with transparent pricing. Its standout features, ease of use, and support team make it a strong contender among payment processors. While it might not have every advanced feature larger enterprises need, its zero-cost setup, clear processing fees, and strong customer support are significant advantages. Helcim is best suited for businesses prioritizing ease of onboarding, PCI compliance, and reliable payment tools. If you're comparing options like Stripe or flat rate providers, consider how Helcim and its user-friendly interface could benefit your team.
pros
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Transparent pricing and an interchange rate structure build trust.
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The user-friendly interface makes daily payment processing easier.
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Helcim offers top-notch customer support, including help with chargebacks and disputes.
cons
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LiveFlow
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.9 -
Float Financial
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.9 -
Rippling Spend
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.8
How We Test & Score Tools
We’ve spent years building, refining, and improving our software testing and scoring system. The rubric is designed to capture the nuances of software selection and what makes a tool effective, focusing on critical aspects of the decision-making process.
Below, you can see exactly how our testing and scoring works across seven criteria. It allows us to provide an unbiased evaluation of the software based on core functionality, standout features, ease of use, onboarding, customer support, integrations, customer reviews, and value for money.
Core Functionality (25% of final scoring)
The starting point of our evaluation is always the core functionality of the tool. Does it have the basic features and functions that a user would expect to see? Are any of those core features locked to higher-tiered pricing plans? At its core, we expect a tool to stand up against the baseline capabilities of its competitors.
Standout Features (25% of final scoring)
Next, we evaluate uncommon standout features that go above and beyond the core functionality typically found in tools of its kind. A high score reflects specialized or unique features that make the product faster, more efficient, or offer additional value to the user.
We also evaluate how easy it is to integrate with other tools typically found in the tech stack to expand the functionality and utility of the software. Tools offering plentiful native integrations, 3rd party connections, and API access to build custom integrations score best.
Ease of Use (10% of final scoring)
We consider how quick and easy it is to execute the tasks defined in the core functionality using the tool. High scoring software is well designed, intuitive to use, offers mobile apps, provides templates, and makes relatively complex tasks seem simple.
Onboarding (10% of final scoring)
We know how important rapid team adoption is for a new platform, so we evaluate how easy it is to learn and use a tool with minimal training. We evaluate how quickly a team member can get set up and start using the tool with no experience. High scoring solutions indicate little or no support is required.
Customer Support (10% of final scoring)
We review how quick and easy it is to get unstuck and find help by phone, live chat, or knowledge base. Tools and companies that provide real-time support score best, while chatbots score worst.
Customer Reviews (10% of final scoring)
Beyond our own testing and evaluation, we consider the net promoter score from current and past customers. We review their likelihood, given the option, to choose the tool again for the core functionality. A high scoring software reflects a high net promoter score from current or past customers.
Value for Money (10% of final scoring)
Lastly, in consideration of all the other criteria, we review the average price of entry level plans against the core features and consider the value of the other evaluation criteria. Software that delivers more, for less, will score higher.
Core Features
Invoicing: Helcim allows you to create and send invoices quickly, supporting credit card and ACH payments to ensure your team gets paid faster. Its easy-to-use interface makes managing invoices straightforward.
Payment Processing: Accept multiple payment methods, including credit cards, ACH, and online transactions, through a secure payment gateway.
Customer Management: Track customer data, payment history, and chargebacks easily. This can help you build stronger customer relationships.
Reporting Tools: Access detailed reports to monitor processing fees, interchange rates, and transaction performance. These insights help you make informed financial decisions.
Security Features: Helcim prioritizes your data security with encryption and fraud prevention tools. This keeps your financial information safe.
Recurring Billing: Automate recurring payments to improve cash flow and reduce manual work for your team.
Ease of Use
Helcim stands out for its user-friendly design, making it easy for your team to navigate and use daily. The intuitive interface simplifies invoicing and payment processing, reducing the learning curve for new users. You can manage customer information and generate reports effortlessly. Users appreciate its straightforward setup and clear instructions, which help you get started quickly.
Integrations
Helcim integrates with QuickBooks Online, Xero, WooCommerce, and other platforms through plugins. It also supports APIs and third-party integrations and connects with code-focused solutions such as HelcimPay.js for custom integrations and website payments.
Helcim Specs
- 2-Factor Authentication
- Accounts Receivable
- API
- Balance Sheet
- Billing/Invoicing
- BitCoin
- Budgeting
- Calendar Management
- Contact Management
- CRM Integration
- Customer Management
- Dashboard
- Data Export
- Data Import
- Data Visualization
- Expense Tracking
- External Integrations
- Forecasting
- Inventory Tracking
- Multi-Currency
- Multi-User
- Notifications
- P&L
- Payment Gateway Integration
- Payment Processor
- PayPal
- Payroll
- SAP Integration
- Scheduling
- Stripe
- Supplier Management
- Tax Management
