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Botkeeper vs. Integra Global Solutions

When choosing an automated bookkeeping solution, it is important to evaluate the qualities of different systems. Botkeeper and Integra Global Solutions are two very different solutions to consider for your firm. We've highlighted the key differences between these solutions for informed decision-making. Ready to see the power of Botkeeper? Click below to book a live presentation. 

 

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Overview

Achieve unmatched accuracy in your bookkeeping

A true automation-based bookkeeping platform will help you operate your end-to-end bookkeeping programs with accuracy. While there are many bookkeeping solutions available today that can help streamline bookkeeping tasks, not all solutions are built the same. This page will help you understand the differences between Botkeeper and Integra Global Solutions so you can decide which is the right bookkeeping solution for your business or firm.

 

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BOTKEEPER VS INTEGRA GLOBAL SOLUTIONS: A BRIEF OVERVIEW

Botkeeper

At Botkeeper, we combine artificial intelligence and machine learning technology with high-quality, skilled accountants to deliver a full-suite bookkeeping and pre-accounting solution to accounting firms and their clients. You and your client base will receive 24/7 accounting and support from our global team of experts, as well as incredible insight into financials with beautiful dashboards and unlimited reporting.


You can think of the Botkeeper team as an extension of your team, truly integrating into your firm’s practices and providing your firm support during all stages of your growth journey.

Integra Global Solutions

Integra Global Solutions combines the power of automation technology and process experts to deliver an outsourcing solution to accounting and bookkeeping firms as well as directly to businesses. They are based in the US company with branches in the UK, India, and the Philippines.

 

Bookkeeping Services

Firms today face massive challenges. Not only are they struggling to create profitable bookkeeping processes and services, but they're also looking to deliver accurate, efficient, secure, and ultimately scalable services to their clients. With turnover being a challenge, this often triggers a search for a long-term solution.

To truly transform your bookkeeping, you need an integrated set of tools that help you drive accuracy, efficiency, security, and ultimately tie all your bookkeeping efforts back to positive ROI for your firm.

With Integra Global Solutions, you get bots that can work on multiple platforms for a number of accounting needs, including bookkeeping. Their bookkeeping bot can perform general bookkeeping, bank reconciliation, invoice preparation, daily records updates, VAT returns, records data entry, and general ledger maintenance. If your firm is looking for additional accounting services, that will require additional bots.

The good news is with Botkepeer you get a solution packed with advanced automation technology that can help your firm. Your firm receives a comprehensive solution and partnership that leverages a combination of technology and people, the best of both worlds. Using machine learning, artificial intelligence, and robotic process automation in conjunction with the expertise of senior accountants who step in as needed, we augment the manual and time-consuming tasks, creating lightning-fast and hyper-efficient bookkeeping (data entry, reconciliations, classifications, etc.). This results in allowing us to achieve 99.7% accuracy and provide you a team of support, so human error or turnover never affects you or your clients.

Botkeeper is able to fully automate your bookkeeping department with human-assisted AI. You can benefit from avoiding increases in headcount and overhead costs, seeing and trusting the health of company results due to noticeably less manual human error, and getting superior reporting and real-time, 24/7 data entry.

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Technology & Features

Finding the right automated accounting solution for all your bookkeeping needs can seem overwhelming. With so many different options and features to weigh against each other, pulling the trigger on one can be difficult.

Your solution affects every part of your firm and the way your team works. Selecting the right solution can make or break your practice’s future, so it’s important to weigh the cost and benefit of each. It can be hard to know where to start when comparing accounting technology providers because there are so many factors involved — machine learning, artificial intelligence, robotic process automation (RPA), security, and ease of use — but we’re here to help.

Integra Global Solutions uses bot software programs that mimic the work that humans do in addition to trained staff. Their bots can be programmed to do a variety of tasks to fulfill processes in an accounting or bookkeeping firm. As they host their robots in the cloud, they take care of all its maintenance, version control, upgrades, and everything else associated with its day-to-day management.

Botkeeper takes it a step further by using a combination of machines and trained (human) accountants working together in perfect harmony. You will have a trained accounting staff dedicated to reviewing the machine’s suggestions when/if it is unsure. This allows for fewer errors and higher accuracy.

With Botkeeper's Partner Platform, you have the ability to onboard and manage all of your clients through a custom white-labeled portal. Stay up to date on what is happening in all of your clients' Financial Hubs with your clickable activity feed, communicate directly with the Botkeeper accountants on what they need from you, and receive direct access to any open conversations you’re having within the tool.

The Botkeeper Client Portal is where the business owner would find financials, download statements, build custom reports, and chat with your Botkeeper team as desired. Your clients receive a central platform to connect their financial and non-financial accounts, ensuring that their data is automated, compiled, and organized. Your clients get fast, accurate, seamless bookkeeping each month while getting the personal touch, and top-notch advisory services only you can provide.

The best part is that the platforms tie together into a comprehensive ecosystem so CPAs, their business owner clients, and Botkeeper operate in a centralized hub.

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Average accuracy on transaction categorized by Botkeeper

Number of new clients you can bring on daily with Botkeeper

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Average time saved by clients with Botkeeper

 

Training

As you know from running your own firm, attracting, retaining, and developing the best talent is critical to any firm's success. Without a good team, your firm's ability to deliver top-quality service to clients is at risk. When considering an automated solution, the team that supports the technology is a key factor for success. The team should not only be reliable but should be a team that you can trust with your clients’ information. Maintaining minimal oversight is why you are bringing in an automated solution in the first place, and this comes from a strong combination of technology and team.

Integra Global Solutions has trained bookkeeping and accounting professionals who can take care of accounting needs.

Botkeeper prides itself on being a global team. We search for talent across the globe that specializes in accounting and bookkeeping services. We don’t outsource your bookkeeping, and we never will. Our Accounting/CPA team is trained in-house, and collectively, we’ve supported thousands of firms and their clients. We know how to consistently meet your unique bookkeeping needs, regardless of your clients’ industries or business complexities and how to support your firm as you continue to grow and scale. Because we work in teams, we can keep continuity and consistency for your bookkeeping needs. In the event, someone is out sick or we have turnover because our model is structured in teams supporting your bookkeeping, there is never a need to retrain a member of the Botkeeper team on your books, keeping your bookkeeping consistent and reliable!

 

Support and Success

Having exceptional customer service is imperative for success. The right support and success can be the key differentiator between a challenging or frustrating experience with a new automated accounting solution and a smooth, streamlined one that your entire firm can adopt.

Companies that provide great customer service enable fluid, real-time conversations to help troubleshoot issues or answer questions as they arise. They offer you multiple means of contacting them including email, chat, and direct message. The phrase “Customer is King” has been around for ages and should never be forgotten when evaluating any technology you may be considering purchasing for your firm.

 

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When working with Integra Global Solutions you receive live chat support services, email, and help desk support.

All Botkeeper packages include a talented and experienced Account Manager. Their role is intended to help empower accounting firms and assist them through periods of change.

Account Managers are unique to Botkeeper, adding another valuable element to the human-assisted automation we’re so proud to deliver to accounting firms. This team of experienced accounting professionals (even CPAs!) manages the relationships with accounting firms of all sizes, including some of the largest and most innovative firms out there. They offer a broad technical and product knowledge to help accounting firms scale. Their whole end game is to ensure impeccable service and insightful guidance on how to get the most out of Botkeeper’s products and services.

We'd love to talk through our innovative approach to client support and success with you, so click below to speak with one of our experts!

 

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Security

Data security is a topic that should require no introduction. Every single person on the planet is aware of how fragile data is, and how even the smallest oversight can spell disaster. Data breaches are so prevalent that those in charge of protecting it have immense responsibility.

Clients trust you with their personal and financial information; you need to do everything you can to ensure they’re protected. When looking at a solution, the solution you choose security standards should not only be in line with your firm but should also extend to the standards of your industry such as SOC-2 compliant. Additional asking about what kind of employee training goes into protecting your data isn’t just smart — it’s essential to your growth and survival.

Integra Global Solutions is certified for ISO 27001. ISO 27001 is the global gold standard for securing information. The Information Security Management System (ISMS) standards and procedures that ISO 27001 provides enables Integra to operate as a data-secure organization.

Botkeeper’s data protocols go the extra mile and includes 256-bit encryption as well as several other best-in-class security protocols including background checks, biometrics, and extensive permissions (bank-grade security). All of our systems and databases are located in AWS data centers within the US, plus we own our IP. Our policies and procedures are regulated by US law and we take security very seriously.

Botkeeper received its SOC 2 Type 1 attestation in July 2020 and then its SOC 2 Type 2 attestation in August 2021. Botkeeper is also a member of the Financial Data Exchange (FDX), a nonprofit dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial data.

 

MEASURE ROI

Measure the performance of your bookkeeping when you integrate an automated solution, and see what your firm is able to achieve.

 

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Integra Global Solutions’ ROI for the AI implementation depends on the scale of the project. For the majority of projects that they’re hired for, the payback starts from 3 months. For larger projects, the payback can take up to 12 months.

Botkeeper goes a bit farther. Our solution allows you to automate bookkeeping and pre-accounting procedures so you can dedicate more time and resources to your client base. Leverage the newly available insights Botkeeper provides and increase the value you can offer your clients. You can also differentiate your brand, help expand your firm, and diversify your service offering. Botkeeper oversees the automation so you can focus on complex accounting, data integrity, and interpretation. We’ll be hard at work extracting data from receipts, processing payroll, paying bills, sending invoices, reconciling accounts, and generating beautiful reports — so you have more time to achieve your firm's goal and focus on what matters most.

 

Cost of Ownership

Many of the suggestions, tips, and tricks that are recommended to firms to create efficiency are aimed at reducing costs. As you evaluate automated solutions, you should be considering how long it will take to recoup the cost of onboarding and maintenance costs, understanding will scope creep impact monthly costs, seeing whether the solutions rates are fixed or dependent on hours works, etc. With this in mind, it makes sense to look at the cost of ownership of a solution as a whole rather than just the initial cost.

 

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In respect of costs, Integra Global Solutions offers a pay-as-you-use robots service. Clients pay for its usage time. Therefore, if a firm’s clients fall outside of the scope of the bookkeeping bot, you’ll need to add more support, resulting in the price of their service increasing. The more processes a firm outsources to Integra Global Solutions and their bots, the larger the savings they receive.

While Botkeeper's pricing packages are customizable and flexible allowing your firm to leverage economies of scale as it grows. Our pricing model is not based on an hourly charge but is rather meant for accounting firms to choose what their needs are based on a combination of their client's gross expenses, how often they need services, and the services they need from Botkeeper— but we offer the same white-glove service regardless of your package. Pricing starts at $155 per entity per month, and scales based on cadence and average entity expenses.

We know that businesses change over time, and we want to make sure we provide pricing to reflect that. We have a toolset that allows you to estimate your costs with Botkeeper, and we also have a Botkeeper specialist to walk through your needs with you and help determine the best-fit bookkeeping services. The Botkeeper pricing structure is built to grow with your firm, offering a fully customizable option, and supporting you for the same cost during ebbs and flows.

 

SCALABILITY

Whichever bookkeeping solution you choose, it should be able to grow and change as your firm and clients’ needs change. It should add value and be adaptable to an ever-changing market as your firm shifts in advisory and other services.

Integra Global Solutions offers flexibility with robotic workers, allowing you to scale up or down your robot use as your workload changes.

As your firm grows, so does Botkeeper’s ability to support you. No additional training and hiring is required as you bring on more clients and expand your service offerings. No additional costs are added if the work takes longer than anticipated because we don’t charge an hourly rate. Botkeeper’s Scoping Tool and operation guides allow for seamless scaling by your firm.

Botkeeper is much more than just software.

Choosing a bookkeeping automation provider is a crucial decision, so it's important to consider not only the software but the support and resources you'll receive, as well. We at Botkeeper are invested in your success. 

  • Free Training & Education Botkeeper resources are available to help you and your entire team learn best practices and successfully execute tactics that grow your business. Take a look at the dozens of resources available, and get started today.

  • Support Is Available For Your Entire Team Anytime you have a question, reach out and we'll answer. Our support team is happy to help, whether it's a question about our software or advice on how to best tackle bookkeeping tasks.

  • Deployment When you start using Botkeeper, you'll have a dedicated team to help you get started with the software, technical setup tasks, and execute your first successful dive into the tool. Learn more about Botkeeper Deployment here.

We've built the Botkeeper Platform to be easy for Accounting Professionals and their clients to use. That's why we're happy to share reviews of everyday professionals using Botkeeper to grow better, just like you. Click below to request a demo.

 

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Resources

The beauty of Botkeeper is its ability to scale and adapt to our growing business. After using Botkeeper for only 6 months, we’ve been able to save 30 hours per week on transaction categorizing, 5 hours per week of reconciling deposits, and 10 hours per month on reconciling revenue for just one of our clients! With bookkeeping running seamlessly with Botkeeper, I’m able to focus my time on reviewing output and making recommendations to my clients.
TM2 Tiffany Miller
Tiffany Miller
Tm2

Grow your business like a team twice your size.

Bring your team, tools, and data together to drive high-impact efficiency in your bookkeeping department- in less time.

 

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