accounting & finance automation solutions for small business

In the last 2 years, the landscape of accounting and finance has evolved dramatically. Traditional methods of managing finances—reliant on manual input and time-consuming processes—are giving way to AI & ML enabled software solutions that revolutionize how businesses operate. These cutting-edge tools are no longer just for large corporations. Small and medium-sized businesses can now benefit from ML & AI technology, reducing busy work, enhancing accuracy, and streamlining financial operations without the overhead of hiring full-time employees.

At Small Business CFOs, we harness the power of ML to offer tailored accounting and finance solutions that meet your Finance and Accounting needs.

CFOs are trusted experts in producing GAAP-compliant financial statements, but forecasting GAAP financials remains a significant challenge for many. Traditional approaches rarely, if ever, generate GAAP forecast financials, leaving businesses to rely on partial results rather than comprehensive projections.

Small Business CFOs innovative forecasting solution, botPlanner, takes forecasting to a new level. Unlike most models, botPlanner forecasts outcomes for every account in your General Ledger using Machine Learning to simulate multiple future accounting treatments across multiple scenarios. This powerful tool doesn’t just create projections—it generates a full set of forward-looking GAAP P&L, Balance Sheet and Cash Flow financials in real time.

Our advanced cash forecasting converts accrual to cash and presents results on an automated Direct Method Cash Flow statemen that includes sources and uses of funds. With bot-Planner, you can see a clear, precise picture of your financial future, empowering you to make informed decisions with confidence.

With our expertise and ML-driven solutions, you can focus on analytics and strategy development while we take care of the financial complexities. Whether you're looking to optimize your current systems or need a full-scale financial solution, we’re here to deliver measurable results and peace of mind.

Many Planning & Reporting solutions have complex implementations, steep learning curves, and unnecessary features.  For decades, we've used software to eliminate the busy work inherent in Accounting and Finance planning and reporting.  

Our frustration with existing solutions has motivated us to build fast, easy and comprehensive solutions.

Our team of finance & accounting experts bring together deep financial knowledge and a strong background in technology. We've seen firsthand how manual processes can slow down business operations, which is why we've developed advanced Planning and Reporting solutions designed to streamline and automate the most time-consuming tasks.

We spare you from having to spend countless hours on repetitive, manual work just to prepare financial statements and forecasts. Our solutions utilize cutting-edge technology to handle these tasks efficiently, delivering accurate and timely results. By automating the building Custom Financial Statements, budgets and forecasts, we free up your time, allowing you to focus on making strategic business decisions with confidence.

Creating Financial Statements using any accounting Software requires users to manipulate the Chart of Accounts to build custom reports, a time-consuming, multi-step process that often only serves as the source data for formal reporting.

bpReports delivers pre-built, professionally designed Financial Statements that conform to traditional reporting conventions.

• Presentation-ready Profit & Loss, Balance Sheet, and Cash Flow reports

• Drill-down functionality to period and account levels directly within reports

• Multi-year trend analysis

• Year-over-year comparisons for monthly and year-to-date changes vs. prior year

• Consistent, standardized layouts across multiple entities

• Real-time updates for accurate, timely insights

• Quick and intuitive setup

• Built-in standard metrics and KPIs, no configuration needed

Effortless, insightful reporting is now just a click away with bpReports

botPlanner’s automated Financial Statement Budgeting and Forecasting eliminates over 90% of the effort involved in setting up, maintaining, and operating repetitive, error-prone processes typically focused only on the Profit & Loss.

botPlanner leverages machine learning to calculate offsetting debits and credits, predict future outcomes for every account in any GL, and extend planning beyond the limitations of P&L-centric approaches. It doesn’t just project future results—it generates forward-looking P&L, Balance Sheet, and Cash Flow financials in real time from a single Summary Trial Balance report, compatible with any GL or ERP system

Most small businesses rely on internally developed Excel models for planning, which are P&L-centric and fail to create balanced books, a proper Balance Sheet, or a Statement of Cash Flow. Updating rolling forecasts in this setup is so complex it often takes weeks or months. FP&A apps follow the same P&L-centric approach, tied to custom reports from accounting systems. They don’t generate full Balance Sheet or Cash Flow projections and are slow to reflect GL changes.

botPlanner is the SMB CFO's solution for comprehensive budgeting and forecasting, integrating the automated Financial Statement features found in bpReports and more:

• Planning UI synced to both P&L and Balance Sheet summary lines

• Automated Cash forecasting through Accrual to Cash conversion

• Cash Receipts & Disbursements – Cash Flow Direct Method

• Multi-year debit and credit calculations for any scenario

• Standard system-generated Metrics & KPIs

• Real-time updates from any changes in the GL

• Automated SaaS bookings calculations 

• RevRec waterfall schedules and reconciling differences to the GL 

• 48 Built-in metrics and KPIs

While CFOs are trusted experts in producing GAAP-compliant financial statements, forecasting GAAP financials remains a significant challenge for many. Traditional approaches rarely, if ever, generate GAAP forecast financials, leaving businesses to rely on rough estimates rather than accurate projections.

Small Business CFOs innovative forecasting solution, botPlanner, takes forecasting to a new level. Unlike most models, botPlanner forecasts outcomes for every account in your General Ledger using Machine Learning to simulate multiple future accounting treatments across multiple scenarios. This powerful tool doesn’t just create projections—it generates a full set of forward-looking GAAP P&L, Balance Sheet and Cash Flow financials in real time.

Our advanced cash forecasting uses the Direct Method Cash Flow approach, detailing the sources and uses of funds. With bot-Planner, you can see a clear, precise picture of your financial future, empowering you to make informed decisions with confidence.