Botkeeper Revolutionizes Accounting Industry By Turning Leads To Cpas


Botkeeper is the only solution of its kind, acting as a force multiplier for business owners and Accounting firms. Botkeeper is a human-assisted artificial intelligence platform that automates bookkeeping, purpose-built for accounting firms. Combining artificial intelligence and machine learning technology with high-quality, skilled accountants, we deliver a full-suite bookkeeping and pre-accounting solution to accounting firms and their clients. Our entire goal is to make the accountant’s life easier by removing them from the tedious—yet essential—bookkeeping process. Our innovative approach to automated accounting brings new growth opportunities to any firm, regardless of size, industry focus, or experience. Automated bookkeeping benefits accounting firms in numerous ways, especially during a time of rebuilding and uncertainty.

  • There’s multilevel, specialized support available for both technical and general bookkeeping issues.
  • Eventually, the whole process should take about 30 days, during which specialists keenly review your bookkeeping needs based on your transactions framework.
  • The resultant reports are counter-checked by Botkeeper’s professional accountants to confirm that your books are accurate, tax-compliant, and completely clean.
  • The Software Report is pleased to announce The Top 100 Software Companies of 2020.
  • As a neutral reviews platform, the star rating of the review is not considered in the “Recommended” ranking, and there is currently no voting mechanism that would allow site visitors to influence the ranking.

The Software Report is a comprehensive source for market research and insights, business news, investment activity and corporate actions related to the software sector. Based in New York City, the firm is run by a seasoned team of editors, writers and media professionals highly knowledgeable on software and the various companies, executives and investors that make up the sector. Icon”So I love that I can white label the platform while having a dedicated team of accountants assigned to my clients.”

Clients of botkeeper Inc. connect to a range of banks via Xero. Botkeeper Inc. specialises in working with some of those banks; they can help with setting up bank feeds, and are knowledgeable about accessing bank loans and streamlining payments through Xero. They pair you with a lead accountant and bot to help you accommodate your needs.

Botkeeper’s Org Chart

With Botkeeper, you can connect with the most important software accountings, like QuickBooks Online. Botkeeper is capable of lifting data from both financial and non-financial sources. Botkeeper allows you to reach out at any time 24/7, and its support team will promptly get back to you. You can also have Botkeeper dig into your social data by integrating it with Twitter, Facebook, Instagram, and LinkedIn.

As a new user to a program already using BotKeeper, I was intrigued by how it worked. I love the fact that I can simply email Xenbot and ask the status of my budget as a whole, or elements of my budget.

Sign up for a trial, and get 1 month of bookkeeping done risk-free. Botkeeper is proud to be an Equal Employment Opportunity employer and we encourage all to apply to join our team! We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, military or veteran status, disability, or any other applicable characteristics protected by law.

Such reports are available on the “Financial Hub” of the Software. On the contrary, Botkeeper attempts to simplify bookkeeping for everyone. While some of its tools might seem challenging as you deploy the system, Botkeeper comes with a thorough onboarding process. Your assigned specialist will walk you through the system’s accounting processes and tools to help you figure out how everything works.


Basically, all I have to do is ensure the receipts are there, and then all book keeping is handled. This makes filing the annual tax returns less painful as Botkeeper already has all the information the accounting firm needs to create the tax return.

He then taught tax and accounting to undergraduate and graduate students as an assistant professor at both the University of Nebraska-Omaha and Mississippi State University. Tim is a Certified QuickBooks Time Pro, QuickBooks ProAdvisor for both the Online and Desktop products, as well as a CPA with 25 years of experience. He most recently spent two years as the accountant at a commercial roofing company utilizing QuickBooks Desktop to compile financials, job cost, and run payroll. While most users will meet with their bookkeeper once or twice per month, there’s no set amount of time that you can meet with them. The only caveat is that you must schedule one appointment at a time.


Below you’ll find my review of what Botkeeper is and how it works. BOSTON, March 3, 2022 /PRNewswire/ — Accounting firms have been struggling hard for the past few years.

The botkeeper portal provides customizable dashboards and reports that combine financial and non-financial data for a 360-degree view of your business. Botkeeper clients benefit from the most accurate accounting, 24/7, with real-time dashboards and reporting, all while saving on average 30-50% compared to a traditional bookkeeper or outsourced firm. Botkeeper Accounting Partners get exclusive access to custom-branded options that will transform their firms from being bogged down by data entry and bookkeeping to providing high-level advisory services. Grow your practice without increasing headcount/overhead, and immediately see the health of your firm due to noticeably less manual human error.

Botkeeper Technical Details

The only con is the fact I wish botkeeper could handle direct deposits in Russia as I tend to use this method a lot. Took some “training” to get them onboard on complex accounting set ups, but once learned, it has been smooth. The things I haven’t liked, I’ve worked with botkeeper to change and improve, so I don’t have a good answer to this… They have a dashboard function that projects future earnings and other customizations that I requested, but it was a hassle to log in to.

  • Today, the company is expanding on its accomplishments by taking the next step into its evolution, having built a reliable, innovative business foundation, while leaning into future growth.
  • They can also see business insights within the user-friendly user experience, and schedule reports to be delivered via email on a recurring basis.
  • The purpose of the meeting is to learn more about your business and to begin the onboarding process.
  • Then, they’ll prepare your monthly and year-end financials—so you don’t have to.
  • Plus, it goes beyond e-commerce retail to support pretty much all the primary business categories, including real estate, agriculture, professional firms, manufacturing, construction, finance, SaaS, non-profit, restaurants, etc.
  • Lastly, the Enterprise plan gives you the ability to carry out more than 200 Revenue & Expense Transactions.

Experience more visibility into a centralized and consistent source of truth on transaction categorizations. Studies show the vast majority of day-to-day accounting tasks can be automated with software. “I couldn’t be more thrilled to partner with and learn from someone as legendary as Tom. This partnership, the capital, and adding Tom to our board will help accelerate our growth and product strategy,” said Palmerino.

Botkeeper Customer Size Distribution

They are pleasant to work with and take the burden of accounting tasks off of my plate. The software uploads my transactions every night and the people behind the software ask questions to make sure everything is categorized. They enter bills, cleanup mistakes and have the knowledge to do it. The team is ready for all my questions​ and extremely cognizant of completing everything in a timely manner. I have all payment electronic and by check on spreadsheets which I love.

  • On the contrary, Botkeeper attempts to simplify bookkeeping for everyone.
  • With same day response and automated processes, time-consuming tasks are now taken off your plate with a click of a button.
  • You can use either to customize your system dashboard, as well as track all your business financials.
  • And after that, you should be able to unleash the full power of Botkeeper.
  • The most common users of botkeeper are from Small Businesses (1-50 employees) and the Accounting industry.
  • As with everything, it helps to compare to a few other options and choose the one you feel more comfortable with.

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly. To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.

So, in case of any issue, you’re free to get in touch with them for quick assistance. Botkeeper The Accountant’s Guide to Selecting an Automated Accounting Solution It’s no longer a question of if you need technology to survive – it’s about which technology is the best fit for your accounting firm. And machine learning are helping accounting firms improve client service and scale operations. Hence, Botkeeper is more of a full-stack accounting system that automates your regular bookkeeping operations through the power of machine learning and AI, with reinforcement from an accompanying team of expert accountants. It’s capable of handling all the essentials, leaving you to focus more on other business processes. The key, according to the company, is the combination of automated bookkeeping with real accountants who can provide the expertise to handle the questions that can’t be automated.

Want To Join The Biggest Thing In Accounting Since Spreadsheet Technology?! Named One Of Americas Fastest

Veryfi pricing page outlines the cost of Veryfi Expense Management software. Access to this page has been denied because we believe you are using automation tools to browse the website. For years now, firms have listed finding and/or retaining talent as one of their top issues.


They are highly capable of even the most complicated bookkeeping – I didn’t think they would take on my books but have surpassed my expectations. Reviews are by default sorted by Recommended to software buyers, driven by our proprietary algorithm reflecting the depth and quality of the review, recency of experience, and other factors. As a neutral reviews platform, the star rating of the review is not considered in the “Recommended” ranking, and there is currently no voting mechanism that would allow site visitors to influence the ranking. Firms are looking at a 20-day time-to-value when onboarding to the platform according to Enrico. This means that by day 20 your firm will start to see work coming off of your team’s plate. Their platform also connects to around 75 other apps (, Gusto, Stripe, etc.) at the time of writing depending on what workflows they’ll look to automate.

Who Is Botkeeper’s Ceo?

Since its launch in July 2015, Botkeeper has seen rapid growth, having expanded its services to approximately 200+ accounting firms and 5000+ small businesses throughout the United States. The Botkeeper Operating System has drastically improved archaic accounting processes through machine learning, integrations, and software workflow optimization. These new products and pricing effectively make Botkeeper the most affordable AI-powered bookkeeping solution on the market. By leveraging Botkeeper’s platform, accounting firms can now easily provide fixed or subscription-based pricing to their clients, locking in more desirable margins and unit economics. Once you enroll with QuickBooks Live, you’ll be assigned a dedicated bookkeeper who will meet with you via one-way video chat. The purpose of the meeting is to learn more about your business and to begin the onboarding process. They will assist you with connecting your bank and credit card accounts, and if you’re a new user, setting up your chart of accounts and customer/vendor lists.

SaaSworthy helps stakeholders choose the right SaaS platform based on detailed product information, unbiased reviews, SW score and recommendations from the active community. An accounting software package developed to offer on-premises accounting applications as well as… Botkeeper Why Firms Should Prioritize Internal Growth if They Want Comprehensive Growth Internal growth is equally as important as bringing in new business and it goes beyond strategic partnerships, closing new clients, and acquiring capital.

Apart from helping you in case of any problems, they ensure constant data accuracy. Financial information is one of the most sensitive forms of data today. And considering Botkeeper processes a heck of a lot of it from a wide range of businesses, data security should be a primary concern for all users. And apart from typical profit and loss reports, some of the elements you can track include cash flow, accounts payable, job performance, inventory levels, credit, fixed assets, etc. The resultant reports are counter-checked by Botkeeper’s professional accountants to confirm that your books are accurate, tax-compliant, and completely clean. In case of any issues, the figures are tweaked accordingly before the final close.

In simple terms, we’re are seemingly crossing into the world of computer-controlled bookkeeping, which should translate to fewer errors, as well as increased accuracy, speed, and reliability, plus deeper insights. The California-based firm has been acquired by ZRG, a talent advisory firm in New York funded by private equity.

In 2021, Palmerino made Juneteenth an official Botkeeper holiday. My business was simple in accounting nature however would have been easier to see on a simple dashboard. We have reduced the amount of work the volunteer treasurer has to do.

Automate Finance Bookkeeping With Botkeeper

Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. If you’re unable to complete the challenge, please take a screenshot of this page and email it to our Security team at security- We’ll do our best to figure it out. Your review has gone for moderation and will be published soon. The exhaustive analysis is not possible with just Botkeeper, one needs to integrate with some other third-party service provider, and that’s something that is not considered good. With the Nasdaq Composite index dropping by more than 2.5% today, it’s not surprising to see many growth stocks taking a beating. Three not-yet-profitable electric vehicle makers fit the bill as speculative growth stocks. Competition in the electric vehicle sector is rising, and growth in China could be hard to come by in the near future.

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