Computer system developer System76 Inc. has launched BeansBooks, a new cloud accounting platform designed for small businesses which focuses on clean interfaces, practical processes and concise reports.
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The company, known more for building Ubuntu brand notebooks, desktops and servers, initially created BeansBooks for its own use as it claimed there was nothing on the market that fit its specific needs.
BeansBooks was designed to make it easy to record payments from multiple customers in one deposit and, conversely, easily recording vendor invoice payments with a single check. When bank transactions are imported, they automatically match customer and vendor payments; “crowdsource” data entry by allowing users to remove errors and create analytics by connecting e-commerce or point-of-sale systems to BeansBooks; limited data entry; and offer use of a dashboard that presents business performance, cash availability, action items and reports.
In addition, BeanBooks has an API that allows developers to create further integrations with additional systems. BeansBooks is open source software and users can have a hosted version of the product or download and install it on their own server for free provided they do so according to the terms of the BeansBooks Public License.
“As we grew, it became increasingly difficult to manage accounting and due diligence. Accounting simply wasn’t integrated into all of the other systems that run the company; we searched for a pre-built solution that was extensible and easy to use. It didn’t exist, so we built one,” said System76 chief executive Carl Richell. “Today’s businesses operate efficiently and everywhere” said Carl Richell, CEO. “Online shopping carts, the Square payment system, Facebook and Google make it easier to reach customers and sell products yet accounting remains a challenge, slowing business down. BeansBooks is designed to remove the challenge by stripping away the complexity of accounting without diluting its value.”
Right now, there's a 30-day trial period to take BeansBooks is currently being offered for a 30-day free trial and then available for $29.95 per month, which includes all features. For additional information visit the BeansBooks site.