Software Alternatives, Accelerators & Startups

TrueLayer VS Microsoft Power Automate

Compare TrueLayer VS Microsoft Power Automate and see what are their differences

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data

Microsoft Power Automate logo Microsoft Power Automate

Microsoft Power Automate is an automation platform that integrates DPA, RPA, and process mining. It lets you automate your organization at scale using low-code and AI.
  • TrueLayer Landing page
    Landing page //
    2023-09-28
  • Microsoft Power Automate Landing page
    Landing page //
    2024-03-20

Microsoft Power Automate is a comprehensive, integrated automation platform with advanced digital process automation (DPA), robotic process automation (RPA), and process mining capabilities. And with the power of low-code and AI, you are in the driver’s seat to securely automate your organization at scale.

Features

  • Streamline your business with (DPA) digital process automation through cloud flows to connect your apps, data, and services.
  • Automate repetitive tasks using UI-based automation with (RPA) robotic process automation through desktop flows.
  • Ensure consistency with business process flows—the (BPA) business process automation capability in Power Automate.
  • Discover workflow bottlenecks and automation opportunities with the process advisor.
  • Bring AI to automation and gain insights by creating tailored AI models within Power Automate using AI Builder.

Click here to learn more about Power Automate or visit the official blog to keep up with the news.

TrueLayer features and specs

No features have been listed yet.

Microsoft Power Automate features and specs

  • Attended RPA: Yes
  • Unattended RPA: Yes
  • Process mining: Yes
  • Task mining: Yes
  • Document automation: Yes
  • Data loss prevention (DLP): Yes
  • Digital workforce management: Yes
  • API automation: Yes

TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Microsoft Power Automate videos

Winautomation Review - DO NOT BUY

More videos:

  • Tutorial - Microsoft Flow Tutorial for Beginners
  • Review - WinAutomation Overview
  • Review - What is Microsoft Flow and Why Would I Use it?
  • Review - Optimize your business with Microsoft Power Automate

Category Popularity

0-100% (relative to TrueLayer and Microsoft Power Automate)
Online Payments
100 100%
0% 0
Automation
0 0%
100% 100
Recurring Billing
100 100%
0% 0
Web Service Automation
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare TrueLayer and Microsoft Power Automate

TrueLayer Reviews

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Microsoft Power Automate Reviews

Microsoft Power Automate
This gives businesses an advantage over each other, heightening their customer satisfaction and product/service value. With hundreds of tools present for this purpose, choosing the right tool is essential. This write-up will give you a detailed comparison between Microsoft Power Automate and our workflow automation platform Cflow. Additionally, we will also look at the top 7...
Top 5 Microsoft Power Automate alternatives for 2024
If you’re trying to go paperless and streamline repetitive tasks, you’ve probably heard about Microsoft Power Automate — or maybe you already use it. It’s a low-code platform that enables you to build automated processes across multiple applications. But you might not know there are several Power Automate alternatives that you may find more suitable for your business.
Source: www.jotform.com
6 Best Power Automate Alternatives & Competitors in 2024
Microsoft Power Automate is a popular workflow automation tool that allows users to create automated workflows without the need for manual coding. While it offers many benefits, there may be instances where organizations or individuals are looking for alternatives to Power Automate. Some reasons why alternatives may be needed include:
11 Business Process Management (BPM) Software for SMBs
Expand Microsoft Power Automate capability across web, mobile, and desktop with its applications. You can also connect your workflows to many data sources via a library of connectors that brings all your data together in a single place. This lets you uncover insights and customize applications. You can also extend the capabilities of Dynamic 365, Azure, Microsoft 365, and more.
Source: geekflare.com
10 n8n.io Alternatives
Microsoft Flow is another great utility that boosts the productivity of individuals, businesses, and teams while bringing quality features. This platform takes care of what is significant while automating the rest of the work on its own. Streamline repetitive tasks and paperless processes with Microsoft Power Automate. Through powerful security and instant automation, it...

Social recommendations and mentions

Based on our record, Microsoft Power Automate should be more popular than TrueLayer. It has been mentiond 31 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

TrueLayer mentions (4)

  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

Microsoft Power Automate mentions (31)

  • Is there any open source no code workflow tool?
    Hi, I am trying to build a no code tool workflow tool with blocks and connections between the blocks. Similar to power automate: https://powerautomate.microsoft.com/en-us/. Source: 11 months ago
  • Spreadsheet: export link in CSV
    Windows has an option called Power Automate https://powerautomate.microsoft.com/en-us/ that allows for, well automating such tasks as manually copying / pasting data https://learn.microsoft.com/en-us/power-automate/getting-started. Source: 12 months ago
  • My coworkers and I have decided to start filling out the forms
    Try to use automation to fill it out ( https://powerautomate.microsoft.com/en-us/ for example). Source: 12 months ago
  • Automating my monkey job
    Https://powerautomate.microsoft.com/en-us/ might be something worth checking out if you have access. Source: about 1 year ago
  • Should I quit learning Python?
    What is it that you actually want to achieve? Learning Python should have an overarching goal. Like being a programmer. If you would rather not be a programmer, and you don't like programming, but you would like to automate certain things on your PC, you might as well download and install https://powerautomate.microsoft.com/en-us/ . If you intend to understand, or work with, Big Data or AI, then Python totally is... Source: about 1 year ago
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What are some alternatives?

When comparing TrueLayer and Microsoft Power Automate, you can also consider the following products

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

ifttt - IFTTT puts the internet to work for you. Create simple connections between the products you use every day.

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

Make.com - Tool for workflow automation (Former Integromat)

Teller API - A single API to connect your app with any bank's account

Zapier - Connect the apps you use everyday to automate your work and be more productive. 1000+ apps and easy integrations - get started in minutes.