“NeatBooks offers a salute to small business owners who regularly report being overwhelmed by the unnecessary complexity of accounting software or slowed down by managing home spreadsheets,” said Garrett Baird, president and CEO of The Neat Company.
01 September 2021
The Neat Company, a recognized leader in financial data management for small businesses, has expanded its offerings with the introduction of an easy-to-use accounting solution that eliminates traditional bookkeeping processes that are unnecessary in today’s age. digital banking and intelligent data management. NeatBooks is reinventing the way small business bookkeeping is done and enables business owners – with years of bookkeeping or no accounting expertise – to quickly and confidently manage their books and maintain corporate finances. business in order.
Among other innovations, NeatBooks is the only one in the industry to allow “reconciliation without declaration”. NeatBooks securely syncs transaction data from users’ bank accounts and automatically categorizes transactions based on vendor mapping. According to market research conducted by Neat, it was found that 75% of small business transactions are immediately recognizable to a small business owner or manager. This means owners or managers can quickly verify that the vendor, date, amount, and categorization of a transaction is correct while simultaneously reconciling the transaction on their mobile devices. More complex transactions can be reviewed in the NeatBooks web application. The handy progress tracker shows business owners what remains to be reconciled, reinforcing the fact that these accounting tasks can be dispatched in minutes and be completely paperless.
Neat’s research found that most small business owners saw no benefit in accounting beyond preparing the numbers for tax returns. In contrast, by automating and streamlining accounting functions, NeatBooks offers small business owners a whole new level of real-time visibility and business intelligence. NeatBooks presents a visual analysis of metrics and insights that keep small business owners up to date on business performance instead of waiting for monthly or quarterly reports that arrive too late to inform decision-making.
“NeatBooks offers a salvation to small business owners who regularly report being overwhelmed by the unnecessary complexity of accounting software or slowed down by managing home spreadsheets. As a former small business owner baffled by other solutions using the same dated approach, it was obvious that small business accounting software needed a review, ”says Garrett Baird, President and CEO of The Neat Company. “With two decades of experience automating the process of extracting data from financial documents for integration into small business accounting solutions, Neat knew how small business accounting processes could be dramatically improved. ”
Existing accounting systems were not designed for small businesses; they were specially designed for accountants. Compared to older small business accounting packages, NeatBooks is designed for an immediate, frictionless experience. NeatBooks keeps its in-app experience simple so owners don’t need an accountant to manage their books. With ease of use, in-app guidance, and expert phone, email and chat support when something goes wrong, small business owners can manage their books with confidence. and transparently transmit the data to their accountants for the preparation of tax returns or any other assistance.
“Although accounting software has replaced the leather-bound journals that business owners once used to ‘keep the books’, we have not thoroughly rethought the traditional stages of the accounting cycle since their inception in the 15th century.” , explains Baird. “By reimagining accounting to suit modern business owners, we’ve removed unnecessary steps to make NeatBooks a simple, secure, and efficient way to get accounting tasks done in minutes and often from the palm of your hand. NeatBooks is changing the way books are written, allowing business owners to focus on growing their business instead of considering it.
With NeatBooks, small businesses can:
- Access accounting on the go with the Neat mobile app to access reports, documents and more on a tablet or mobile device (iOS and Android)
- Securely sync bank accounts to display an organized view of transactions
- View a month-by-month breakdown of expenses associated with a receipt or other source document, while guided workflows match expenses and receipts to see which remain unmatched
- Analyze business trends and insights with a data view detailing cash balance, top expense categories, total sales, and more.
- Automate accounting with custom reports including profit and loss, cash flow, balance sheets, expense, expense summary, sales tax, tax category, and more.
- Connect for free with a Neat Accounting Specialist to help you with onboarding and ongoing questions
A NeatBooks subscription also includes all the features and benefits of NeatFiles and the newly introduced NeatInvoices:
- NeatFiles – cloud storage designed for financial documents so small business owners can declutter, increase efficiency and gain peace of mind. NeatFiles allows users to scan files, capture images via mobile devices, and upload files so financial documents can be accessed anytime and anywhere.
- NeatInvoices – facilitates invoicing and accounts receivable processes so that money moves through their businesses faster than traditional mail / email and paper approaches.
NeatBooks was developed for individual entrepreneurs and small businesses that typically have between one and 10 employees. Available now, NeatBooks is priced at $ 40 per month or discounted for a one-time annual payment of $ 432 ($ 36 / month) with a 30-day money-back guarantee. Find NeatBooks at http://www.neat.com/neatbooks.
For more than 20 years, The Neat Company has changed the way small businesses and individual entrepreneurs handle laborious and paper-intensive bookkeeping, customer payments and the organization of financial records. Neat provides cloud-based solutions that hundreds of thousands of people rely on to get their small businesses in financial order. Neat helps businesses track, manage, and centralize their financial data to prepare for tax time and stay informed about the health of their business. For more information, please visit: http://www.neat.com.
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