AccountantsWorld has integrated its Accounting Power cloud-based software with Ledgersync, a company that provides feeds of banking information such as checks, bank statements and transactions that go automatically into accounting software.

The new feature automatically classifies transactions with the relevant accounts for accountants to make the client write-up process more efficient. All bank and credit card transactions, canceled check images and bank statements will be accessible within Accounting Power.

“In recent years, accounting has been dominated by DIY systems created for small businesses,” said AccountantsWorld CEO Dr. Chandra Bhansali in a statement. “This model hurts both accountants and their clients. AccountantsWorld’s focus is on putting accountants back in the driver’s seat so they can best serve their clients. The integration of Ledgersync with Accounting Power is an important step in this accountant-centric direction.”

For more information, visit www.accountantsworld.com.

Dr. Chandra Bhansali of AccountantsWorld
AccountantsWorld CEO Dr. Chandra Bhansali

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Michael Cohn

Michael Cohn

Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985.