Smart Clerk

About Smart Clerk

Smart Clerk key features

• **AI-Powered Automation**: Automatically categorizes transactions with 99% accuracy, reducing manual data entry and bookkeeping time.
• **Universal Bank Support**: Connects to over 10,000 banks across the US and Canada, allowing for live transaction feeds and uploads from any bank statement format.
• **Real-Time Processing**: Keeps financial records continuously updated with live bank feeds, enabling instant report generation.
• **Tax-Ready Reports**: Instantly generates P&L statements, balance sheets, and other financial reports, simplifying tax preparation.
• **Data Security**: Ensures end-to-end encryption and secure access controls, with a commitment to data privacy and protection.

Smart Clerk use cases

• **Automated Bookkeeping**: Smart Clerk automates bookkeeping tasks by uploading bank statements or connecting to bank accounts, significantly reducing manual data entry.
• **Real-Time Financial Reporting**: Users receive instant accounting reports, including P&L statements and balance sheets, with live transaction feeds keeping financial data continuously updated.
• **AI-Powered Categorization**: The application utilizes advanced AI to categorize transactions with 99% accuracy, learning from user business patterns for improved efficiency.
• **Data Security**: Smart Clerk ensures data protection through end-to-end encryption and secure access controls, maintaining user privacy and data integrity.
• **Vendor Spending Insights**: The platform consolidates vendor information and tracks spending, allowing users to analyze financial data without duplicates.

Useful for

• AI-powered bookkeeping automates data entry and categorization, saving small businesses hours of manual work.
• Instant generation of tax-ready financial reports, including P&L statements and balance sheets, simplifies year-end processes.
• Supports uploads from any bank or card in various formats, as well as live transaction feeds from over 10,000 banks in the US and Canada.
• Advanced AI categorizes transactions with 99% accuracy, continuously learning from business patterns for improved efficiency.
• Ensures data security with end-to-end encryption and read-only connections, protecting sensitive financial information.

Price

• **Growth Plan**: $29/month, includes 2 bank accounts, 100 invoices per month, auto-categorization, and P&L report.
• **Professional Plan**: $49/month, includes everything in Growth plus 6 bank accounts, 250 invoices per month, multiple company support, and priority customer support.
• **Free Trial**: Allows users to test Smart Clerk with 1 bank account and 20 invoices per month, with all features enabled.
• **Historical Data Import**: A one-time fee of $15 per account per year applies for importing documents dated before the current tax year.
• **No Long-Term Contracts**: All plans can be canceled anytime without hidden fees.