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How does an automated bookkeeping software help business?

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Ajay Singh
How does an automated bookkeeping software help business?

As most CPAs are aware, managing business finances is a huge commitment. However, leveraging technology to streamline business processes has provided businesses with incredible opportunities to drive optimization and productivity.  


Accounting tasks like bookkeeping performed manually only a decade ago is now fully automated. Time dedicated to data entry and extraction processes has been dramatically reduced, thus freeing busy professionals to focus more on core management roles that allow them to nurture and scale their business effectively.  


Automated bookkeeping software – when used correctly – can help businesses in any industry to optimize their operations. While some software is geared more towards freelancers, others offer the most value for entire accounting departments. Their function, however, remains the same. Also, being AI-driven, bookkeeping software automatically processes source documents such as receipts, invoices, and credit card slips.  


By automating these labor-intensive processes, the ASSIST bookkeeping software can quickly and easily perform the following functions: 

  • Document classification 
  • View uploaded document 
  • Automatic extraction of document details 
  • Export extracted elements to CSV 
  • Unlimited number of pages (available for premium plan only) 
  • Complimentary FREE trial for 30 days (available for premium plan only) 
  • Integration with Xero (available for premium plan only) 

Many businesses have cut their processing time by as much as 50% by shifting from recording source documentation manually to using an automated system. The bottom line is that automation in accounting is here to Read More How does an automated bookkeeping software help business?


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