Key Obstacles in Bookkeeping
Manual Tracking of Accounts
Bookkeepers need to manually track multiple bank accounts for each customer, a process that is time-consuming and prone to errors, especially as the number of clients grows.
Financial Data Security
Clients are increasingly concerned about the security of their bank details. Bookkeepers can not store their passwords and increase their risk.
Different Bank Formats
Different banks provide statements in different formats, making it difficult for bookkeepers to consolidate and analyse financial data efficiently. Each format requires manual adjustments, adding complexity to the process.
Multiple Banks & Financial Accounts
Customers can have Checking, Savings, Credit and other accounts. Some customers have Bank Accounts across different banks for the same business.
Reminders for Bank Statements
Bookkeepers frequently have to remind customers to send their updated bank statements, causing delays in maintaining up-to-date financial records, especially when customers are unresponsive.
What Does FinSync - Bookkeeping Software Offers?
Email Trigger System
An automated email system is integrated to send links via customer will link their bank accounts with the solution. This streamlines communication and reduces the manual burden on bookkeepers.
Automated Customer Onboarding and Bank Account Linking
The system automates the process of onboarding new customers and linking their bank accounts. This reduces the need for manual data entry and verification, saving time and minimizing errors. It allows for a more efficient setup, especially when dealing with large numbers of customers.
Periodic Bank Statement Syncing + Manual Syncing
The solution automatically syncs bank statements at set intervals, ensuring that financial data is always current and accurate. Additionally, manual syncing is available, allowing bookkeepers to update data immediately when needed, such as for audits or special reporting purposes.
Single Format Across Different Bank Accounts
This feature ensures that financial data from various bank accounts, each with potentially different formats, is standardized into a unified format. This eliminates the complexity of managing multiple banks with inconsistent data structures, making it easier for bookkeepers to work across accounts seamlessly.
Secure and User-friendly Interface with 100% Solution Ownership
The platform offers a secure, easy-to-use interface that ensures bookkeepers can manage financial data without relying on third-party systems. "100% solution ownership" means that the user's data will be on their premises, ensuring data security and operational independence.
Key Features of
FinSync - Bookkeeping Software
Customer Management
Easy onboarding with an intuitive dashboard to manage multiple clients.
This feature allows bookkeepers to onboard new clients swiftly. The intuitive dashboard provides a centralized interface for managing various clients, enabling users to track multiple accounts and financial data efficiently. It simplifies client management, making it easier to handle a large client base.
Bank Account Integration
The solution is integrated with PLAID or AA companies to get real-time account data.
FinSync can be integrated with various major account aggregators like PLAID, allowing for real-time syncing of financial data. This feature reduces the need for manual input, ensuring that bank transactions and statements are automatically updated, and allowing bookkeepers to access accurate and current account information at all times.
Financial Reports
Generate detailed reports in various formats (CSV, Excel, PDF).
The solution provides the facility to download the account data into 3 different formats, such as CSV, Excel, and PDF.
What Our Client Say
" Having clients give you read only access a lot less work than you bugging them for statements, deposit slips, and check images every month. "
Finance & Accounting Agency with 80+ clients
How Does it Work?
Step-1
Add Customer
To add a new customer, fill in their details such as name, email address, and phone number.secure link will be sent to the customer's email, allowing them to connect their bank account.
Benefits
Unified Customer Data
All customer data is consolidated across various accounts into a single platform.
Reduced Manual Tasks
Finsync is designed to reduce 95% of manual bookkeeping tasks.
Feature Scalability
New features can be easily added based on evolving needs.
Subscription Model
Frequently asked questions
Some of Fintegration clients
Contact Us
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