Closing the books at the quarter end, managing invoices, and categorizing expenses involve a wide array of complex tasks that are both laborious and prone to human error. We at Botkeeper are automating bookkeeping workflows through our human-assisted AI platform, and today have announced our $18M series A round, one of the largest A rounds for a Boston tech company.
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Automation is changing the way business gets done online. Advanced software that only a few years ago would have been out of reach for most companies is now being widely adopted by businesses of all sizes. One great example? Chatbots.
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The SaaS space is growing like crazy. Today’s business owner has numerous software applications built into their company framework, and is getting a ton of emails every day with the promise of the bigger better option. But how do you even know if you’re getting the most bang for your buck when it comes to your software spend? Are your employees using the tools you've invested in? What are your employees even signing up for? Should you be evaluating competitive vendors? When are all of your contracts up? Which new evaluations are worth your time?
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We're proud to announce this week that botkeeper has been selected as a finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region!
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.
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As a business owner, your work isn't going to come to a halt when you have to step away from your office. Part of running the business requires that you keep your documents together, and get them over to your bookkeeper without letting things pile up- but when you're running to meetings, taking clients for coffee, or simply moving from one place to another- the dreaded pile of paperwork begins to form.
We're here to help! Today, we at botkeeper are thrilled to announce the release of ScanBot 1.0, a significant enhancement to the botkeeper mobile app. ScanBot allows botkeeper clients to take a picture of an invoice, receipt, or other Accounts Receivable (AR) / Accounts Payable (AP) document. Relevant data is then extracted from the image and entered into the company’s accounting or AP software.
The ScanBot app gives botkeeper clients an additional tool to use to automate and streamline their accounting workflows. The app reduces the number of steps necessary to record an AR/AP transaction and reduces the need for manual data entry.