Botkeeper vs. Integra Global Solutions
When choosing an automated bookkeeping solution, it is important to evaluate the qualities of different systems. Botkeeper and Integra Global Solutions are two very different solutions to consider for your firm. We've highlighted the key differences between these solutions for informed decision-making. Ready to see the power of Botkeeper? Click below to book a live presentation.
Overview
DON’T SETTLE FOR INCOMPLETE PLATFORMS.
A true automation-based bookkeeping platform will help you operate your end-to-end bookkeeping programs. While many bookkeeping solutions are available today to help streamline specific bookkeeping tasks, not all solutions are built comprehensively. This page will help you understand the differences between Botkeeper and Integra Global Solutions, so you can decide which bookkeeping solution is best for your firm.
Technology & Features
Finding the right automated accounting solution for all your bookkeeping needs can become the foundation of your practice and the differentiator you need to grow. As a result, it’s important to seek out technology and features that fit your firm, staff, AND client base. This is why we’ve made Botkeeper with our accounting partner firms in mind — we can grow and adapt our platform to your organization’s wants and needs, offering unsurpassed value for your clients.
Integra Global Solutions uses bot software programs that mimic the work that humans do in addition to trained staff. Their bots can be programmed to do a variety of tasks to fulfill processes in an accounting or bookkeeping firm. As they host their robots in the cloud, they take care of all its maintenance, version control, upgrades, and everything else associated with its day-to-day management. However, these bots perform static tasks, and are not capable of learning and improving as they go.
Botkeeper leverages proprietary machine learning technology to handle labor-intensive bookkeeping tasks by processing and categorizing transactions at an incredibly high accuracy level. This goes FAR beyond static rules—our global models are continuously refining, while your client's specific model improves with each transaction successfully coded or updated. This is smart tech that adapts.
As an end-to-end bookkeeping solution, Botkeeper integrates with QBO and Xero, auto-categorizing and matching transactions, surfacing exceptions, automatically reconciling bank and credit card accounts and recording of principal/interest loan splits. It also offers centralized communication, task and project management, secure password management, and a close tracker that helps you see at a glance how closing is proceeding.
Interacting with your team and even your clients is made simple with Activity Hub, a central space for all comments made anywhere across the platform, while Client & User Management helps you control access and permissions, customize your portal with your logo and favicon, and more. Botkeeper's Documents feature incorporates a secure portal for document storage, exchange, and review—it even includes version tracking and a customizable folder structure. And all of it is super-secure, with 256-bit encryption that's SOC 2 Type 2 accredited.
Security
As a firm, you want to ensure that your clients' personal and financial information is held in the strictest confidence. Before choosing a solution, ask about the level of security employed and whether the vendor's security standards are in line with those of your industry.
Botkeeper’s automated bookkeeping solution takes security seriously, with industry-standard SOC 2 Type 2 accreditation, two-factor authentication, and 256-bit encryption for data at rest and data in transit.
SOC 2 Type 2 accreditation means:
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Botkeeper has the required data security controls in place to protect customer data against unauthorized access.
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Botkeeper can detect anomalies and security incidents across its entire ecosystem.
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In addition to preventing risk situations, Botkeeper can quickly repair damage and restore functionality in the event of infrastructure or system failures.
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Botkeeper’s security controls are both correctly designed AND function as intended.
Botkeeper’s SOC 2 Type 2 accreditation is granted by an industry best, reputable independent third party, and Botkeeper renews the report annually with continuous testings. That means any information shared with Botkeeper is protected to the highest current standards, and you can rest easy knowing your data is in good hands.
Botkeeper does not collect any personal information about you unless you voluntarily provide it to us, and it does not sell, rent, or lease your personal information to third parties without your consent. Your personal information is secured from unauthorized access, use, or disclosure, using the following methods for this purpose: SSL Protocol; Two Factor Authentication; and Database Encryption.
Botkeeper is also a member of the Financial Data Exchange (FDX), a nonprofit dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial data.
Integra Global Solutions
Integra encrypts file transfers, and is ISO 27001 Certified. This standard is similar to SOC2, but isn't specifically designed or administered by an accounting body—SOC2 was established by AICPA.
MEASURE ROI
Measure the performance of your bookkeeping when you integrate an automated solution, and see what your firm is able to achieve.
Integra Global Solutions’ ROI for the AI implementation depends on the scale of the project. For the majority of projects that they’re hired for, the payback starts from 3 months. For larger projects, the payback can take up to 12 months.
Botkeeper goes a bit farther. Our solution allows you to automate bookkeeping and pre-accounting procedures so you can dedicate more time and resources to your client base. Built-in collaboration via task and project management as well as centralized communication cuts down on emails, texts, or prolonged water cooler conversations. And while our investigations have shown time savings for firms at or in excess of 50% for bookkeeping activities, we've even included a module called Transaction Insights that allows you to see the savings for yourself.
Cost of Ownership
The cost of ownership is a way for you to assess the long-term value of an automated accounting solution to your firm. While the cost of the package is certainly a key component to keep in mind, it’s not the only cost that you should take into account.
Integra Global Solutions offers a pay-as-you-use robots service. Clients pay for its usage time. Therefore, if a firm’s clients fall outside of the scope of the bookkeeping bot, you’ll need to add more support, resulting in the price of their service increasing. The more processes a firm outsources to Integra Global Solutions and their bots, the larger the savings they receive.
Botkeeper’s pricing for our Infinite (tech-only) package is $69/entity/month, and that includes everything the platform can do. Looking for even more? Add services to bring professional accountants into the fold for those clients with even more complex needs.
Botkeeper is much more than just software.
Choosing a bookkeeping automation provider is a crucial decision. Considerations such as ease of use, security, features, and more are top of mind, Botkeeper isn't only thinking in terms of selling software.
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Free Training & Education — Botkeeper resources are available to help you and your entire team learn best practices and successfully execute tactics that grow your business. Take a look at the dozens of resources available, and get started today.
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Firm-first mentality — Botkeeper doesn't compete with firms. Our platform isn't available to businesses directly, because we support the accounting profession and understand the expertise required to do the job right.
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Deployment — When you start using Botkeeper, you'll have a dedicated team to help you get started with the software, and technical setup tasks, and execute your first successful dive into the tool.
Learn more about Botkeeper Deployment here.
We've built the Botkeeper Platform to be easy for Accounting Professionals and their clients to use. That's why we're happy to share reviews of everyday professionals using Botkeeper to grow better, just like you. Click below to request a demo.
Grow your business like a team twice your size.
Bring your team, tools, and data together to drive high-impact efficiency in your bookkeeping department- in less time.
