Truewind

Main Features:

• Bank & Credit Card: Auto-categorize bank and credit card transactions to the right account, class, dimension, and more using AI.
• Deposit Reconciliation: Automatically match bank deposits to customer payments, saving hours of manual reconciliation each month.
• Prepaid Expense: Track and amortize prepaid expenses automatically—no more spreadsheets or missed adjustments.
• Fixed Assets: Stay GAAP-compliant with effortless fixed asset tracking that updates books as time passes.
• Flux Analysis: Auto-prepared flux, drill down to the vendor level for every variation, with one-click reporting and AI-generated explanations.
• AI Assistant: Identifies anomalies, highlights unique insights, and chats about the financials (Beta).
• Accrual Workpapers and Transaction Classification.

Workflow:

1. Integrate Data: Connect live data from the general ledger and supporting workpapers to ensure financials are always correct.
2. Classification & Reconciliation: Automate transaction classification, supporting document collection, and client follow-up. Reconcile subledger accounts.
3. Insights & Analytics: Bring a new level of insights to clients and business partners with analytics on auto-pilot.

Core Advantages:

• AI-powered digital staff accountant that never sleeps, never gets sick, and always does its work.
• Completely predictable capacity planning by absorbing transaction work.
• Significantly accelerates bank categorization (cutting time by 75%) and reduces reconciliation time.
• Smart workpaper automation reduces time-consuming reconciliation tasks.

Target Users: Accounting firms, family offices, startups, and business accounting teams.

Typical Use Cases:

• Accounting firms cut categorization time by about 75% on credit card transactions, making a huge impact at scale.
• Companies close books on the 13th during busy board meeting prep, achieving their fastest close ever.
• Teams buried in spreadsheets and missing transactions achieve accurate books, faster closes, and focus on strategy.

Pricing Info: No specific pricing listed on the page; requires contacting for a demo (Book a Demo).