Billy The AI Bookkeeping & Accounting Assistant

What is Billy?

Leverage artificial intelligence to streamline your financial operations with Billy, an automated bookkeeping and accounting assistant. By securely connecting to popular accounting software like QuickBooks Online and Xero, as well as various bank accounts via Plaid, it significantly reduces manual data entry and reconciliation efforts. The platform automatically categorizes transactions, learns your business's financial patterns, and provides support for reconciling accounts, ensuring accuracy and saving valuable time.

Gain immediate access to a real-time overview of your company's financial health through intuitive dashboards and reports. Billy supports multiple currencies, making it suitable for businesses operating internationally. Designed for small businesses, startups, freelancers, and accounting professionals, it offers a collaborative environment where users can invite team members or accountants to access financial data securely.

Features

AI-Powered Automation: Automatically categorizes transactions and learns financial patterns.
Seamless Integration: Connects directly with QuickBooks Online, Xero, and bank accounts via Plaid.
Reconciliation Support: Streamlines the process of reconciling bank and accounting records.
Real-Time Financial Overview: Provides up-to-date dashboards and financial reports.
Multi-Currency Support: Handles transactions in various currencies for global businesses.
Secure Connections: Utilizes bank-level security and encryption for data protection.
Collaboration Tools: Allows inviting team members or accountants to access financial data.

Use Cases

Automating routine bookkeeping tasks for small businesses.
Simplifying accounting processes for freelancers and solopreneurs.
Providing accountants and bookkeepers with an efficient tool for client management.
Gaining real-time insights into business financial performance.
Streamlining bank account reconciliation.
Managing finances for businesses with multi-currency transactions.

FAQs

How does Billy work?

Billy securely connects to your accounting software (QuickBooks Online or Xero) and bank accounts. Its AI analyzes your transactions, suggests categorizations based on historical data and patterns, and helps streamline the reconciliation process.
Is my financial data secure with Billy?

Yes, Billy uses bank-level encryption and secure connections via Plaid for bank feeds. They also mention compliance standards like SOC 2 to ensure data security and privacy.
What accounting software does Billy support?

Billy currently integrates with QuickBooks Online and Xero.
Who is Billy best suited for?

Billy is designed for small businesses, startups, freelancers, and accountants or bookkeepers looking to automate financial tasks.