9 Best Online Bookkeeping Services 2023

botkeeper reviews

If you’re running an online store, for instance, you should find it easy to integrate Botkeeper with eCommerce platforms like BigCommerce, Shopify, Magento, and WooCommerce. Thankfully, Botkeeper does its part by applying 256-bit encryption to protect user data. This, for your information, is pretty much the same type of encryption that’s typically employed in online payment processing. So, you can bet it’ll keep your data secure during storage and transmission. Now, to be more specific, the system will require you to link it with your business accounts as soon as you sign up. Then once you’re done, Botkeeper will schedule a deployment call with one of its experts, who’ll try to learn more about your business.

botkeeper reviews

Their model competes head-on with accounting firms by offering tax services, clean-up services, and financial reporting. For accountants, Bench helps them solve bookkeeping for small business clients. With Botkeeper, all of this functionality is built directly into the platform, offering your firm a comprehensive solution. Even accountants and bookkeepers are encouraged to join the bandwagon. Although some perceive Botkeeper to be a replacement for finance professionals, it turns out the system actually helps accountants serve their clients better. It offers them specialized tools for managing their clients, automating data entry, streamlining financials, as well as generating accurate books and financial statements for filing their clients’ taxes.


Secondly, their portal provides nice views that show the state of your company’s finances. Botkeeper pricing is based on the number of transactions in per month. The Digital Merchant has the best strategies and tools to grow your digital business. I guess the future of bookkeeping looks bright for AI-driven accounting.

botkeeper reviews

Pricing starts at $155 per entity per month, and scales based on cadence and average entity expenses. Because having the right support is imperative for success, finding exceptional customer service is critical when evaluating an automated accounting solution. The best customer support enables fluid, real-time conversations to help troubleshoot issues and answer questions as they arise.

Does Botkeeper have any references?

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 (Bill.com, Gusto, Stripe, etc.) at the time of writing depending on what workflows they’ll look to automate. With so many cloud accounting apps available (I list 147 of the best ones here), this is great to see.

Bot Review scans your client’s General Ledger looking for exceptions. When it finds one, it adds it to one of 13 different exception reports the system can generate. All the reports are gathered for your https://www.bookstime.com/articles/enterprise-resource-planning-erp-definition review under the Bot Review module. Click into any one of them to see the transactions that need attention. Action them all, and you’re left with squeaky-clean books that smell springtime fresh.

Key differentiators & advantages of Botkeeper

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. While desktop serves as the primary dashboard access, Botkeeper also comes in the form of mobile apps. You’ll find the Botkeeper Financial Hub application on both the iOS App Store and Android’s Google Play. You can use either to customize your system dashboard, as well as track all your business financials. If you need to customize the system, for instance, the dashboard allows you to set up widgets according to your data sources, define goals for specific widgets, as well as personalize your email and SMS notifications.

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. Botkeeper absolves Kinnami from the drudgery and hassle of book keeping.

What kind of services do bookkeeping services provide?

When she’s not trying out the latest tech or travel blogging with her family, you can find her curling up with a good novel. For pricing, we considered whether a service offers a free trial or a free version of its software as well as the affordability of its lowest and highest price tiers. Choosing a bookkeeping automation provider is a crucial decision, so it’s important to consider not only the software but the support and resources you’ll receive, botkeeper reviews as well. Firms that sign up with them will get access to a while-labeled platform that allows them to see and track the work being done and to communicate with their clients on bookkeeping related tasks. I have no complaints, because they are fast and accurate, and responsive for all of my accounting needs. 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.

  • This means that providing receipts and other information is as simple as putting the digital scan of a receipt into the Google Drive folder.
  • This team of experienced accounting professionals (even CPAs!) manages relationships with accounting firms of all sizes, including some of the largest and most innovative firms out there.
  • And speaking of which, Botkeeper always sends alerts when your books are due for the month-end close.
  • This initial process might take a couple of weeks, in which the company gets to assess your bookkeeping needs, before finally embarking on customization.
  • No more worrying about recruiting, interviewing, vacations, sick time, payroll taxes, poor quality, or fraud risks.
  • Following that, they’ll create a playbook for each client for how they’ll need to be handled.

Collate all of your data into reports and financials custom to your business. If you want your business to save time and money then, yes, you should consider hiring a bookkeeping service. A bookkeeping service can help you stay organized and on top of your finances.