Comparison

SME Colony vs Groot Finance

Price, ratings, monetisation and update history for both apps, side by side β€” with what reviewers say about each.

Head to head
About

SME Colony

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SME Colony is an award-winning world class app dedicated to helping SMEs to IMPROVE business knowledge, ENHANCE financial well-being, and EXPAND commercial networking. What’s New Explore β€’ App-exclusive tailored solutions for start-ups (AFFIN ASPIRA), SME business development (AFFINWRKFZ) and women entrepreneurs (AFFINGEM) β€’ Financing best suited for your business β€’ Exclusive B2B, B2C and e-Deals promotions Learn & Engage β€’ Latest business insights articles, videos and podcasts β€’ SME BizChat sessions with industry experts and business leaders β€’ ESG knowledge bank for SMEs Community Engagement β€’ Support social enterprises with #Amal Experience a world-class app at no cost! SME Colony adalah aplikasi bertaraf dunia yang memenangi anugerah khusus untuk membantu PKS MENINGKATKAN pengetahuan perniagaan, MENGUKUHKAN kesejahteraan kewangan dan MEMPERLUAS rangkaian komersial. Terbaru Teroka β€’ Penyelesaian khusus aplikasi eksklusif untuk syarikat pemula niaga (AFFIN ASPIRA), pembangunan perniagaan PKS (AFFINWRKFZ) dan usahawan wanita (AFFINGEM) β€’ Pembiayaan paling sesuai untuk perniagaan anda β€’ Promosi B2B, B2C dan e-tawaran eksklusif Belajar & Terlibat β€’ Artikel, video dan podcast pengetahuan perniagaan terkini β€’ Sesi SME BizChat dengan pakar industri dan pemimpin perniagaan β€’ Bank pengetahuan ESG untuk PKS Penglibatan Komuniti β€’ Sokong perusahaan sosial dengan #Amal Alami aplikasi bertaraf dunia tanpa sebarang kos!

About

Groot Finance

Features
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Groot Finance is your AI finance autopilot β€” an agent that doesn't just answer questions about your money, it does the work. Snap a receipt, ask a question, or forward an invoice, and Groot reads it, files it, posts it, matches it, and follows up across your books. You confirm; it acts. You stay in the pilot's seat; the busywork disappears. Built for businesses in Malaysia, Singapore, and across Asia β€” and the accountants who serve them. AN AI AGENT THAT TAKES ACTION β€’ "Show me last month's expenses," "generate a P&L," "who hasn't paid us?" β€” ask in plain language and get the answer AND the action β€’ Snap a receipt straight into chat β€” it's read, categorized, filed, and routed for approval automatically β€’ The agent posts invoices, runs reconciliations, and prepares reports β€” always showing you a confirmation card before anything is written to your books β€’ Speaks English, Thai, Indonesian, and Chinese AUTO-FILL MALAYSIA E-INVOICES (LHDN) β€’ Groot's Computer-Use AI fills merchant e-invoice portals for you β€” navigating the site, solving CAPTCHAs, and capturing the e-invoice end to end β€’ Full LHDN MyInvois support: automatically pulls e-invoices issued to you and matches them to the right claim β€’ SST, service-charge, and fuel-subsidy aware AN AI THAT LEARNS YOUR BUSINESS β€’ Remembers your vendors, currencies, and preferences across every conversation β€’ Gets more accurate the more you use it β€” every correction trains your AI, and stays private to your business β€’ A proactive Action Center watches your books 24/7 and flags anomalies, duplicate bills, and upcoming deadlines before you have to ask SMART DOCUMENT PROCESSING β€’ Reads receipts, invoices, and PDFs in seconds β€” vendor, date, total, tax, and line items, no typing β€’ Handles iPhone photos (incl. HEIC), scans, and multi-language documents β€’ Instantly rejects non-financial uploads REAL ACCOUNTING, DONE FOR YOU β€’ A genuine double-entry general ledger with an IFRS-aligned chart of accounts β€’ P&L, Balance Sheet, Trial Balance, and Cash Flow β€” generated from your real posted entries β€’ Honest multi-currency (IAS 21) β€” it never fabricates exchange rates β€’ Bank reconciliation with self-improving AI matching INVOICING, RECEIVABLES & PAYABLES β€’ Create and email professional invoices with multi-currency and payment terms β€’ Know exactly who owes you with AR/AP aging and customer statements β€’ A secure self-service portal lets customers update their own details for e-invoice compliance β€’ Capture supplier invoices by photo and auto-generate the accounting entries WORKS WITH YOUR EXISTING SETUP β€’ Clean, ready-to-import exports for SQL Accounting, Master Accounting, Xero, and QuickBooks β€’ Upload your SQL Accounting backup and Groot auto-discovers your accounts, suppliers, and customers SECURE BY DESIGN β€’ Role-based access for owners, finance admins, managers, and employees β€’ Your integration credentials are never stored in our database β€’ Bank-grade security, full audit logging, and PDPA/GDPR data export & erasure Works on iPhone, iPad, and web β€” your data syncs everywhere. Start free with a 14-day trial. Groot adapts to your workflow and scales from freelancer to growing enterprise.

Screenshots

SME Colony4 screens
Groot Finance4 screens

Verdict

The call

The clearest difference is update cadence: SME Colony at monthly against Groot Finance's every 3 months. On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price Β· Rating Β· Positive reviews Β· Number of ratings Β· Update frequency Β· Ads Β· In-app purchases Β· Monetization Β· Best chart rank Β· Devices Β· Requires iOS

CostPrice Β· In-app purchases Β· Ads Β· Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

SME Colony ships an update monthly, Groot Finance every 3 months. The most recent releases landed on November 3, 2026 and October 31, 2026 respectively.

Scorecard1 real difference Β· 5 level
SME Colony versus Groot Finance: the parameters behind the verdict, then further details
ParameterSME ColonyGroot Finance
PriceFreeFree
Update frequencyMonthly β€” betterEvery 3 months
AdsNoNo
In-app purchasesNoNo
DevicesiPhone, iPad, iPod β€” betteriPhone, iPad
Requires iOS15.0 β€” better16.0
Further details β€” not scored
Size474 MB2 MB
Age rating4+4+
DeveloperAffin Bank BerhadYee Fei Ooi

In-app purchases

None

SME Colony

No in-app purchases

None

Groot Finance

No in-app purchases

Questions

Is SME Colony free?
SME Colony is free to download, with no in-app purchases.
Is Groot Finance free?
Groot Finance is free to download, with no in-app purchases.
Do SME Colony or Groot Finance have ads?
Neither SME Colony nor Groot Finance shows ads.
Which is updated more often, SME Colony or Groot Finance?
SME Colony ships an update monthly, and Groot Finance every 3 months. Most recently, SME Colony was updated on November 3, 2026 and Groot Finance on October 31, 2026.

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