Financial Cents

TL;DR

• All-in-One Platform: Centralizes workflow management, client communication, document storage, and billing for accounting professionals.
• Automation-Focused: Automates recurring tasks, client data requests, and reminders to reduce administrative work and prevent missed deadlines.
• Client-Friendly Portal: Features a secure, easy-to-use (password-less) client portal that speeds up document collection and communication.
• Ideal for: Solo accountants, bookkeepers, CPAs, and small to large firms seeking to streamline operations and improve efficiency.

What is Financial Cents?

Financial Cents is a cloud-based accounting practice management software designed to help accounting, bookkeeping, and tax firms streamline their operations. It addresses the core problem of disorganization by consolidating client work tracking, team collaboration, client communication, and billing into a single, integrated platform. By providing tools for workflow automation, a centralized client CRM, and a secure client portal, Financial Cents helps firms prevent tasks from falling through the cracks, meet deadlines consistently, and improve overall productivity and profitability.

Key Features

Key Use Cases

• Recurring Client Management: Automate monthly bookkeeping, payroll processing, and financial reporting workflows to ensure consistent service delivery.
• Tax Season Workflow: Manage the entire tax preparation lifecycle, including automated client organizers, document collection, progress tracking, and e-signatures.

Who is Financial Cents for?

• Solo Accountants and Bookkeepers: Ideal for individuals needing to manage a growing client list efficiently without the complexity of enterprise-level software.
• Small to Mid-sized Accounting Firms: Enables teams to collaborate effectively, standardize processes, and gain visibility into all ongoing work.
• CPA Firms: Helps manage complex tax and accounting projects, track deadlines, and maintain a clear audit trail of client communication.
• Tax Preparation Professionals: Streamlines the entire tax season process, from client data collection and document management to tracking filing deadlines.

Pros

• Intuitive, clean user interface that simplifies onboarding and encourages team adoption.
• Powerful automation for client requests and follow-up reminders significantly reduces manual administrative tasks.
• Seamless integration with Gmail and Outlook centralizes client communication within project workflows.
• Highly responsive customer support and a track record of consistent, stable feature releases.
• Comprehensive feature set that combines project management, CRM, and billing in one tool.

Cons

• While it has a deep QuickBooks Online integration, support for other accounting software like Xero may be less robust, often relying on Zapier.
• The feature set is highly specialized for accounting workflows, which might be too rigid for firms offering a wider range of non-accounting advisory services.

Pricing Information

Financial Cents offers a 14-day free trial on its plans.

• Solo Plan: $19 per month (billed annually). Includes 1 user, Workflow Management, Client CRM, Email Integration, Time & Billing, and the Client Portal.
• Team Plan: $49 per user/month (billed annually). Includes everything in Solo for 2+ users, plus Team Collaboration, Capacity Management, and Manager Roles & Permissions.
• Enterprise Plan: Custom pricing. For firms with 10+ users, this plan includes all Team features plus a Dedicated Account Manager, Custom Onboarding, and API Access.