Robotic bookkeeping solution botkeeper announced a free version of its software, botkeeper Free, made for recently launched startups that need bookkeeping expertise but might not have the resources to afford the service.
The company also introduced botkeeper Essentials, a service designed for small businesses with a limited number of monthly financial transactions, at a cost of $99 per month. Botkeeper blends machine learning, artificial intelligence and human assistance to automate the bookkeeping process with customizable dashboards and reporting.
The free offering provides companies with up to 20 transactions per month, cash-basis accounting, monthly updates, reconciliations and reporting, as well as a dashboard for a view into its overall business. Customer will need QuickBooks Online Plus for the free service, which does not include bill paying or client invoicing, accessed via botkeeper’s management dashboard.
"For the first time ever, professional, automated bookkeeping services are available for free,” said Enrico Palmerino, botkeeper founder and CEO, in a statement. “Offering a cost-free service was a major botkeeper goal as we strive to support the startup community that is continuously bringing breakthrough products and services to market that in many cases are upending complete industries.”