Accounting is not just about QuickBooks anymore. Bookkeeping tools have now managed to cross the artificial intelligence barrier. Even when you hire professional accountants, the entire process will still be cumbersome, with repetitive and tedious manual data entry, visualization, analytics. So, of course, you can expect human error from time to time. It’s only natural in a human-centric accounting industry.
While some of its tools might seem challenging as you deploy the system, Botkeeper comes with a thorough onboarding process. Your assigned bookkeeping specialist will walk you through the system’s accounting processes and tools to help you figure out how everything works.
The onboarding experience was pretty bad and takes a long time. it feels like the product itself is so seperated from the onboarding that you don’t know if you’re done or not with onboarding.
So I love that I can white label the platform while having a dedicated team of accountants https://www.bookstime.com/ assigned to my clients. I love the management reports and up to date books the most.
So, no worries if you’re relatively new to accounting and bookkeeping. Well, it won’t take you long to realize that the learning curve here depends on your accounting experience. Professional accountants and bookkeepers should have prepaid expenses the easiest time getting started as most of the in-built functions are pretty straightforward and self-explanatory. While bookkeeping can be dynamically complex, Botkeeper is seemingly built to be as straightforward as possible.
Bookkeeping used to be our biggest headache as a company. We thought we could handle it ourselves but quickly learned that is a dangerous proposition come tax season. Now that we have been up and running for almost two years, we can botkeeper client portal confidently say our business has been transformed because we are now able to focus on what matters, our clients. I just hung out the shingle on my new CPA firm, and I want to use a strategic partner like Botkeeper to help me scale.
The accounts kept getting unsynced and I have no idea how to re-sync. it doesn’t seem secure to keep sending my login credentials to a 3rd party company when I have millions of dollars in the bank account.
The deployment process itself is as simple as purchasing the software, entering your business information, and voila! As long as everything is integrated perfectly, the machine-learning system Botkeeper rides on proceeds to intelligently generate relevant data from both your financial and non-financial tools. All that is then collectively analyzed in detail.
Botkeeper boasts of a wide range of pre-built integrations. You can easily embed it with eCommerce platforms, digital marketing systems, accounting software, analytics tools, payment processors, etc. The contact channels here are email, live chat, and phone. Botkeeper allows https://www.bookstime.com/articles/botkeeper you to reach out at any time 24/7, and its support team will promptly get back to you. Customer support is one thing you’re bound to enjoy here, asBotkeepercomes with multi-level specialized support to assist you with your accounting, bookkeeping and technical issues.
It turns out the company rides on Amazon Web Services cloud infrastructure. That means its servers are protected by some of the world’s best data security tools. Amazon combines a host of specialized features like multi-level firewalls, instance isolation, network monitoring, multi-factor authentication, HTTPS access points, etc. The trick is to take advantage of the report builder since it provides just the right tools for configuring all these insights.
It allows you to customize your Botkeeper reports, and consequently have the system focus only on selected data points. From this vantage point, the system manages to pull data from both financial and non-financial sources and then prepares insightful reports to help you make informed business decisions. Its intuitive dashboard displays your key performance indicators (KPI) metrics, trending analytics, and data visualization charts. On the contrary, Botkeeper attempts to simplify bookkeeping for everyone.
Also, they respond quickly with anything I need, they are capable with even the most complicated unrecognized revenue reporting, fast, responsive, and nice in their communications. My business is a corporation, and botkeeper has saved us a lot of money. Cloud-based and on-premise retained earnings platform that helps small businesses streamline accounting processes with invoicing, inventory control, payment processing, purchase order management and more. Work-from-home job available for a bookkeeper/accountant with experience in cash and accrual basis accounting.
There definitely can be a ramp up period in the beginning where lots of your time will be spent explaining how your business works, what accounts you use, etc. Not necessarily a knock on botkeeper though since I think this is a universal thing.
In the end,Botkeeperis expected to sync with your all sales and financial data sources to provide a 360-degree view of your business. For a while now, some eCommerce businesses have been leveraging freelance professional accountants (accounting profession) who are based on the web. This model has proven to be cheaper and far more convenient as opposed to hiring permanent resident accountants. Not anymore though, because as it turns out, recent advancements in tech are changing how we are handling our finances.