Botkeeper Reviews & Pricing

by Botkeeper | Founded 2015, Boston, MA

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Overview Pricing Benefits Reviews Features

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What is Botkeeper?

Industry Specialties: Serves all industries

Botkeeper is a bookkeeping automation solution that uses artificial intelligence and machine learning to provide bookkeeping and pre-accounting functions to accounting firms and their clients.

It eliminates duplicate entry and manual errors associated with manual bookkeeping. Its human-assisted artificial intelligence functions help accounting professionals make well-informed decisions with meaningful visualizations and analysis of important financial data.

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User Sentiment

Based on 135 reviews:

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Botkeeper Pricing

Based on our most recent analysis, Botkeeper pricing starts at $155 (Per Entity, Monthly).

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Starting From: $155
Pricing Model: Per Entity, Monthly
Free Trial: Yes, Request for Free

Training Resources

Botkeeper is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Botkeeper:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Botkeeper Benefits and Insights

Why use Botkeeper?

Key differentiators & advantages of Botkeeper

Easy Deployment: Flexible platform that comes with a wide range of third-party application integrations that streamline deployment.
High Data Security: Ensures data security by applying 256-bit data encryption, ensuring the user’s data is safe during storage and transmission.
Simplified Reporting: Without restricting any data capabilities, it offers unlimited custom reports to give businesses the freedom to track all financial activities.
Extensive Functions: The ScanBot tool lifts financial data directly from receipt photos. Save, view and customize documents with the document manager and generate reports with the report builder.

Industry Expertise

Built largely for CPA firms, it's used by start-ups, SMEs, agencies, insurance companies, healthcare and more.

Botkeeper Reviews

Average customer reviews & user sentiment summary for Botkeeper:

135 reviews

88%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Botkeeper reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Ease of Use: Users praise Botkeeper's intuitive design and straightforward interface, making it easy to navigate and manage financial tasks, even for those without a strong accounting background.
Affordability: Botkeeper's pricing is often cited as a major advantage, offering a cost-effective solution compared to traditional bookkeeping services or hiring in-house staff.
Reliability: Users appreciate Botkeeper's consistent performance and accuracy in handling financial data, ensuring that their books are up-to-date and reliable.
Security: Botkeeper's robust security measures provide users with peace of mind, knowing that their sensitive financial information is protected from unauthorized access and cyber threats.
Scalability: Botkeeper's ability to adapt to the changing needs of businesses as they grow is a significant benefit, allowing users to easily scale their accounting processes without outgrowing the platform.

Cons

Limited Functionality for Accounting: Some users have noted that Botkeeper's features are not as comprehensive as other accounting software, particularly for tasks like managing accounts payable and receivable.
Cost Concerns: Botkeeper's pricing structure, which is often subscription-based, has been cited as a drawback for some businesses, especially smaller ones with limited budgets.
Learning Curve: Despite being marketed as user-friendly, some users have reported a steep learning curve when initially navigating and utilizing Botkeeper's platform.

Researcher's Summary:

Is Botkeeper the keeper of your business's financial sanity? Last year, users gave Botkeeper mixed reviews. Some users found Botkeeper's automated bookkeeping features, like invoice processing and expense tracking, to be a major time-saver, freeing them up to focus on other aspects of their business. They also appreciated the software's user-friendly interface and integrations with popular accounting software. However, other users reported experiencing technical glitches and inconsistencies in the software's performance. Some users felt that Botkeeper's customer support was lacking, with slow response times and difficulty getting issues resolved. A key differentiating factor for Botkeeper is its use of artificial intelligence (AI) to automate bookkeeping tasks. This AI-powered approach is designed to improve accuracy and efficiency, but some users found that the AI was not always reliable and required manual intervention. Overall, Botkeeper seems best suited for small business owners who are comfortable with technology and looking for a way to automate basic bookkeeping tasks. However, businesses with more complex accounting needs or those who require highly responsive customer support may want to consider other options.

Key Features

Integration: Securely connect financial and non-financial data with one click. Saves time, reduces cost and eliminates the possibility of errors.
Bank Authorization: Get real-time access to bank feeds for complete transparency into bank and credit accounts. No more pestering clients for authentication.
Invoice Management: ScanBot streamlines and simplifies invoice management with automation. Scan and upload receipts, invoices, expenses and sales contracts to sync them directly with the client’s books.
Automated Transaction Categorization: Based on the client’s historical data, it automatically categorizes data with machine learning.
Customizable Dashboard: The customizable dashboard provides helpful financial and non-financial data insights on a single centralized platform. Create a report with data visually tailored to the client’s needs.
Fixed Asset Management: Track and monitor fixed assets to lower maintenance costs and boost operational efficiency.
Spend Management: Gain visibility into cash flows, reduce procurement costs, regulate compliance and boost operational efficiency.
Expense Tracking: Manage and report business expenses, travel requests and reimbursements.
Cash Management: Ensure optimum utilization of the organization’s liquid resources by collecting, handling and controlling where the cash is coming from.