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botkeeper

botkeeper

Overview

What is botkeeper?

Boston based Botkeeper is the world's first and original robotic bookkeeper. The Botkeeper solution uses a combination of skilled accountants, machine learning, and AI to provide the best bookkeeping at the lowest possible cost. Instead of replacing your existing accounting…

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Recent Reviews

TrustRadius Insights

Botkeeper has been praised by users for its ability to offload tasks and save time. With the software's automation capabilities, users …
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Pricing

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What is botkeeper?

Boston based Botkeeper is the world's first and original robotic bookkeeper. The Botkeeper solution uses a combination of skilled accountants, machine learning, and AI to provide the best bookkeeping at the lowest possible cost. Instead of replacing your existing accounting software, we'll hook…

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.botkeeper.com/pricing…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Demos

botkeeper - #BNT79 Boston New Technology Startup Demo

YouTube

#BNT98 Boston New Technology Business and Workforce Solutions Startup Showcase Demo - botkeeper

YouTube

Botkeeper Demo: Entity Management System

YouTube
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Product Details

What is botkeeper?

Boston based Botkeeper is the world's first and original robotic bookkeeper. The Botkeeper solution uses a combination of skilled accountants, machine learning, and AI to provide the best bookkeeping at the lowest possible cost. Instead of replacing your existing accounting software, we'll hook right up to it! Botkeeper can easily and quickly integrate with Quickbooks Online or Xero. Getting up and running is simple-

1. Data is extracted from both financial and non-financial sources.
2. Botkeeper software categorizes expenses, pays bills, invoices customers, accrues revenue and expenses, reconciles accounts, and enters data into your accounting software.
3. Botkeeper's team of skilled accountants review your data to ensure accuracy, handle complex accounting, and assist with any needs or challenges.

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.
You can email or chat with your bot the same way you would a bookkeeper, only better! With same day response and automated processes, time-consuming tasks are now taken off your plate with a click of a button. Leave the bookkeeping to botkeeper and get back to growing your business and doing the things you love.

botkeeper Features

  • Supported: Automated bookkeeping
  • Supported: Real time dashboard and reports
  • Supported: Wide array or integrations with financial and non financial software
  • Supported: Full mobile access on Iphone and Android
  • Supported: All Botkeeper Packages Include Accrual, GAAP, IFRS, Cash Basis – Your Choice
  • Supported: Uncategorized expense tracker

botkeeper Screenshots

Screenshot of Full mobile access!Screenshot of

botkeeper Videos

Botkeeper CEO on GetLatka!
Botkeeper wins Tech Startup of the Year!
Be like Dave!
A word from Botkeeper CEO

botkeeper Competitors

botkeeper Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesUnited States, Canada
Supported LanguagesEnglish

botkeeper Customer Size Distribution

Consumers10%
Small Businesses (1-50 employees)50%
Mid-Size Companies (51-500 employees)25%
Enterprises (more than 500 employees)15%
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Comparisons

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Reviews and Ratings

(4)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Botkeeper has been praised by users for its ability to offload tasks and save time. With the software's automation capabilities, users have been able to categorize and reconcile expenses effectively, resulting in reliable results based on prior transactions or references from similar companies. This has allowed users to maintain budgets, track spending, and streamline their monthly close process, improving efficiency and accuracy. In addition, Botkeeper has addressed staffing challenges by automating bookkeeping tasks, freeing up staff to focus on higher-level services and client advisory. The software has also been a valuable solution for solving staffing problems and providing services to start-up businesses. Users appreciate the convenience and time savings of using Botkeeper for ledger tracking and expense management, allowing them to continue taking on clients without increasing labor costs. Additionally, the helpful and responsive customer service and technical support provided by Botkeeper have received positive feedback from users. Overall, Botkeeper has proven to be an effective solution for enhancing productivity, saving time, and simplifying bookkeeping processes for businesses of all sizes.

Bookkeepers transition into account managers: Users have mentioned that Botkeeper allows bookkeepers to transition into account managers, enabling them to focus on higher-level tasks, quality control, and client interaction beyond bookkeeping. Several reviewers have expressed their appreciation for this aspect of the platform.

Efficient communication and customization: Many users have praised Botkeeper for its communication capabilities. They found it easy to customize each client's experience and appreciated the platform's efficiency in notifying everyone when documents were uploaded. This feature has greatly improved collaboration between clients and bookkeepers.

Time-saving automation: Numerous reviewers have highlighted how Botkeeper saves them time by automating various tasks. From handling coding of transactions and bank statement reconciliations to categorizing and reconciling company files, users have expressed that these automated processes free up their time from tedious tasks, allowing them to focus on more important responsibilities for their clients.

Difficult and confusing to use: Several users have mentioned that they find the software difficult and confusing to use, especially when it comes to configuring panels and during the synchronization process. They have struggled with understanding how to navigate the interface and perform necessary tasks.

Editing dashboards is problematic: Many users have expressed frustration with editing dashboards for their own needs, considering it as one of the worst problems they encountered. They have found it challenging to customize the dashboards according to their preferences, leading to inefficiencies in managing their data.

Limited budgeting capabilities: Some users have stated that the budgeting process is restricted as a user and not the owner. The master budget provided by the system lacks flexibility in terms of categorization, making it difficult for them to create detailed budgets specific to their business needs.

Users recommend treating Botkeeper as a partner rather than just a service provider, establishing a strong relationship with the Botkeeper team and ensuring mutual understanding of expectations and capabilities. They emphasize the importance of verifying data security policies and procedures.

Integrating Botkeeper with Quickbooks is recommended for efficient and secure data transfer. Users believe that the two tools complement each other well and can save time and money.

Users suggest giving Botkeeper a try and automating easy and repeatable tasks. They mention that the Botkeeper platform keeps evolving and encourage users to provide suggestions for improvement.

Attribute Ratings

Reviews

(1-3 of 3)
Companies can't remove reviews or game the system. Here's why
Hanson Grant | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • They have a clean and easy portal that I can log into and link all accounts so they have access to what they need
  • They are so good at what they do that I only need to respond to 1 or 2 emails a month for uncategorized transactions or clarifications
  • They process all of our AR, AP, year end reports, sales tax, and bookkeeping. And it's all very accurate and on time.
  • I honestly cant think of any room for improvement. We've been a client for 6 years and are very happy
if you run a small business that has gotten large enough for accounting to become a headache on a weekly or monthly basis, I would consider botkeeper as a solution. they have packages that scale up as your business continues to grow. Also, if you are collecting sales tax and managing that yourself, along with your year-end reporting for taxes, botkeeper is a lifesaver.
Botkeeper offers a similar service to that of Pilot, however, for the price that we pay, we get a lot more services like accounts payable and accounts receivable, as well as bill payment through Bill.com. I'm also pretty sure that ScaleFactor is no longer running and operating. or at least that's what I've been told
I would definitely still select Botkeeper. Their platform, service and onboarding is next to none.
Vaibhav Sharma | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User
Incentivized
  • Generating and getting on the fly consolidated tech stack.
  • For financials, it comes with bank grade security.
  • Task management, workflow documentation.
  • Document storage.
  • Dashboards which is populated from financial and non-financial sources as well give a better insight into options.
  • Potential and capabilities for revenue recognition are not up to a high standard, which is a basic ask.
  • 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.
  • Analytical outputs in terms of charts and graphs need to be more adaptive as only a few configurations are provided and the rest seems to be pulled from the provided one, which imparts an overhead.
  • Botkeeper claims best probability and statistics calculations but sometimes standard deviation shows it way away from acceptance criteria.
Well, Suited Scenarios are: Automating the data entry, analysis, bookkeeping, managing finances fairly on this basis, and pulling out burndown charts, reports, and other analytical chapters. hence it helps in understanding the business, cash flows, or issues related to that which surely end up with the ideas of revenue growth directly and indirectly as well. And the most important thing in all this is done by AI-powered tools so management of resources overhead is no more. Scenarios where it is less appropriate: When it comes to a strong comprehensive accounting then the bookkeeper fails there and we need to integrate with third-party service providers to achieve the goal. So this is the worst scenario. And for detailed resources, one needs a vast knowledge base, and that's not the case with the Botkeeper as its knowledge base appears to be limited to basic.
Botkeeper is quite new to accounting solutions. The tech base is quite new and cutting edge. Service support is quite fast and good. Integration support is open to another third party to enhance in all possible ways. Eliminates overhead of hiring permanent resident accountants. Great user experience and well-optimized tools.
Christopher J. Ferretti | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • on-boarding team
  • adjust their roadmap in accordance to customer needs
  • their support team is second to none
  • their current interface
  • the scoping tool (makes sense once you're using botkeeper)
[Botkeeper is well-suited for] when you have a lot of clients who need bookkeeping done for them. I can't think of a scenario where it wouldn't be appropriate.
Botkeeper has the automation aspect nailed down. Other companies do not have this process taken care of yet. On top of that, we trust in botkeeper and believe they will be around for the long run.
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