CoSupport AI
What is Lili?
Lili delivers a comprehensive financial platform tailored for small businesses, startups, and self-employed professionals by seamlessly combining business banking, AI-powered accounting, automated bookkeeping, and tax preparation tools. Users benefit from a business checking account with no hidden fees, real-time transaction alerts, international wire capabilities, and fee-free overdraft protection.
Lili’s AI-driven software automates transaction categorization, streamlines expense management, generates on-demand financial reports, and simplifies invoicing and bill payments. Automated tax allocation and pre-filled tax forms help users remain compliant and prepared at tax time. With accessible plans, Lili empowers users to control, organize, and scale their business finances efficiently from a single platform available on desktop and mobile.
Features
- AI-Powered Accounting: Predictive transaction categorization and automated bookkeeping.
- Integrated Business Banking: Provides business checking account with Lili Visa® Debit Card and fee-free overdraft.
- Automated Tax Preparation: Pre-filled business tax forms, automatic tax savings allocation, and deduction tracking.
- Invoicing & Bill Pay: Create, send, track invoices, accept instant payments, and auto-scan bills for payment.
- High-Yield Savings: Business savings accounts with 3.00% APY.
- Team Access: Multi-user account management with role-based permissions.
- Multi-Business Management: Manage multiple business accounts under a single login.
- Enhanced Security: FDIC insurance, real-time transaction alerts, card freeze, and fraud monitoring.
- External Account Sync: Connects with other bank accounts and credit cards for unified management.
- Mobile & Desktop Access: Platform available on both mobile and desktop devices.
Use Cases
- Automating bookkeeping and expense organization for small businesses.
- Streamlining invoicing and payment collection for freelancers and consultants.
- Managing business finances and banking from a unified desktop or mobile platform.
- Simplifying tax preparation with AI-powered categorization and pre-filled tax forms.
- Collaborating on financial management with business partners or co-owners.
- Tracking and optimizing business savings and cash flow.
- Handling international wire transfers for global business operations.
- Maintaining accurate and up-to-date business financial records.
FAQs
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Does Lili offer automated bookkeeping features?
Yes, Lili provides automated bookkeeping with AI-powered categorization to keep business finances organized and up to date. -
Can users generate and send invoices using Lili?
Yes, Lili enables users to create, send, and track invoices, as well as accept payments and send payment reminders. -
Is there multi-user access for team-based financial management?
Yes, Lili allows users to grant account access to multiple teammates and set role-based permissions for collaborative management. -
What banking features are included with a Lili account?
Lili provides a business checking account, Lili Visa® Debit Card, fee-free overdraft, international wires, and high-yield business savings. -
Does Lili support tax preparation and reporting?
Yes, Lili offers automated tax allocation, pre-filled tax forms, and enhanced expense reporting to help streamline tax preparation.
Related Queries
Helpful for people in the following professions
Lili Uptime Monitor
Average Uptime
100%
Average Response Time
265.5 ms
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