Neat Co. Improves Accounting Platform for SMBs

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The Neat Company, which develops accounting automation and document management tools for small businesses, has upgraded its financial management platform, according to a press release from Neat.

The press release says the new features include more mobile functionality, simplifying the creation and management of invoices, giving a central view of all financial institution bank accounts, and organizing expenses and transactions. They can also edit account names, add notes, and track vendors, customers, and accounting tasks.

Other updates will improve transaction reporting, document imaging and editing, report export to PDF, and data export to CSV files.

“When I was a small business owner, I saw firsthand how distracting accounting can be and learned that traditional small business accounting software can feel overwhelming, while homemade spreadsheets were both cumbersome and time-consuming,” said Garrett Baird, President and CEO. CEO of The Neat Company. “Neat recognized this too and condensed and clarified the accounting process into a simple, easy-to-use, all-in-one platform designed specifically for small businesses.”

See also: Finally, a small business accounting automation startup raises $95 million

PYMNTS wrote that another company working with accounting and finance, Finally, raised $95 million in a funding round.

The money will be used to bolster the company’s workforce and launch a new business credit card to help small businesses.

Finally, co-founder and CEO Felix Rodriguez described running a small business as “daunting”, with various tasks such as bookkeeping often distracting from the actual running of the business.

So he said Finally’s goal is to continue supporting small businesses.

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