Accurate. Fast. Scalable.
BookFlow performs transactional and controller accounting activities.
Comprehensive coverage from source transactions to financial statements
BookFlow performs transactional and controller level accounting including: transaction categorization, account reconciliation, accruals, receivables, payables, and reporting.
BookFlow can detect suspicious transactions, identify unapproved price changes and duplicate payments.
Transaction categorization
General ledger transactions are coded consistently, applying rules derived from your historical practice and documented for your approval.
Statement reconciliation
Bank, credit card and loan statements are reconciled to the ledger each period so that balances agree to source documents.
Accruals and adjusting entries
Accrual and adjusting entries are posted as required.
Accounts receivable and payable
Created, Maintained, and Posted. BookFlow manages ongoing payment invoice match.
Consolidated financial reporting
Multi-entity books are consolidated into a single, coherent set of financial statements.
Variance and fraud detection
Unusual fluctuations and irregular transactions are identified and escalated for investigation.
Depreciation
Capitalization rules are developed with you, and you determine the depreciation treatment applied.
Chart of accounts maintenance
Ledger account naming and structure are maintained as your business and reporting needs change.
1099 vendor review
Vendor records are reviewed and corrected throughout the year to support timely, accurate information reporting.
A structured engagement that reflects how your business operates
Each engagement begins with a review of your existing practices so that BookFlow360 follows established policy rather than replacing it.
Access
Secure access to client accounts.
Rule inference
Machine learning is applied to general ledger history to identify existing categorization patterns.
Documentation and review
Inferred rules are documented for client review.
Initial Accounting
Establish vendors, post adjusting entries as needed.
Automation for the accounting. Authority for the cash.
BookFlow does not initiate or execute payments. A designated person at your company issues every disbursement.
- No automated payments, by design
- Payment schedules and reminders to support timely settlement
- Categorization rules documented and open to your revision
- Judgment-based treatments, such as depreciation, decided by you
Planned expansion of the platform
Additional capabilities under development as the pilot program matures.
- Integrated Invoicing
- Payroll
- Budgeting
Discuss your accounting requirements
BookFlow is currently in beta with a select group of pilot clients. Pricing scales with transaction volume. Please share a few details about your business and we will respond directly.
Or contact JSpeaker@bookflow360.com directly.