MagicBot is an automated receipt data entry tool that enables businesses to streamline accounting by automatically pulling information from bills and receipts and converting it into digital data.
SlickPie users can track their personal and business expenses by recording all their purchases in the software. These expenses can be categorized in a number of pre-set categories or in custom ones. Each transaction can be entered manually or through MagicBot, SlickPie’s exclusive automated receipt data entry tool developed to save businesses’ time and money. You can upload source documents for each expense you have and attach it to each transaction you want. You can all reimbursable expenses with a couple of clicks. It’s even possible to mark expenses as billable to your customers so you can protect your margins and add them to your next invoice. Expenses can be entered not only with documents of receipts or bills but also by freely creating customized transactions for whatever sort of expense you may have. Everything is linked to all SlickPie’s reports so you can have a clear of your business financial health right away.
One of SlickPie’s main priorities is to make sure your data is always safe, secure and backed up to multiple redundant datacenters. All communication with our servers is encrypted with military-grade 256-bit encryption. This assures that no one else but you will ever access your information. It’s the ultimate peace of mind you can get – free, secure, and automatic backup of your business data. SlickPie invests heavily to protect your personal and financial information against unauthorized access and system failures. Our services have been designed to deliver on high availability, with redundancy built into every level of our hosting infrastructure, including redundant power, network, database and web servers.
SlickPie is a super intuitive and easy-to-use software designed to excel in user experience. A crucial part of that is assuring that users feel comfortable while using SlickPie so they can get the maximum out of our delightful software. To make sure that everyone is enjoying all the resources that SlickPie has to offer, we implemented the most complete support network in the market so you can instantly get all the help you may need. Our main communication channel is definitely email. Our team will assist any questions users may have regarding SlickPie or their account. Just ping us a note describing your situation and we’ll get back to you with all the answers in no time. Easy peasy. Black and white. It’s a straightforward channel and users will get a clear and effective position regarding their needs.
A crucial aspect for every business owner is to be able to measure, track and access all information related to the business’ finances in order to make well-informed decisions, and the best way for a business owner is to visualize this information through insightful financial reports. SlickPie Delightful Online Accounting Software provides you with detailed financial reports to help you better visualize all the information you need to improve your business. Get unlimited access to several meaningful reports such as Aged Payable, Aged Receivable, Balance Sheet, General Ledger, Trial Balance, Journal Report, and many more. In SlickPie you get real-time reporting with direct links to all the source transactions indexed to the report, and you can track how each specific area of your business is performing such as departments, teams, cities, or regions. You can prepare a comprehensive budget and compare performance against actual or selected periods. Close off your accounts at the end of each reporting period such as tax periods and financial year-end in precision, and even calculate your sales tax returns in minutes.
SlickPie online accounting software is always in pursuit of delighting our users, that’s why we decided to implement a source document upload feature to let your business go paperless forever. In SlickPie you can attach your business files to key financial data. You always have all the information because information you need is just one click away. Every business owner knows how important having source documents at hand is, for situations that require quick tracking of the original evidence of a specific transaction, or even to identify non-digitally registered information to act as a backup during auditing processes your company may face. You can enjoy enough storage space to upload almost any type of file you want, rather if it is attaching a photo of a client to your contact details, supplier bill, or even upload funding and due diligence document or a presentation for an investor.
In SlickPie you can create quotes and estimates in a matter of seconds whenever you need. IF your prospective customers are still unsure about closing the deal you can simply use SlickPie to send them a quote containing the amount that they will be charge for each good or service your company is providing. You’ll be able to send a complete outline of the sale, containing product name, product description, products price, and even taxes. In case your customers decide to close the deal, you can simply log in your SlickPie account and change the status of the quote to invoice and you’ll be good to go. The sale will take place and your customers will be able to pay you right away. In case you can’t exactly precise each detail of the sale, you can also create estimates by inputting approximate prices or hours that will take for the order to be concluded. This is a handy resource for businesses and it is also available following the same standards of quotes.
In SlickPie you have strict control of all your company’s financial transactions. Whenever you send an invoice, create a bill, do a bank reconciliation, or any other activity that involves the money in your bank accounts you will be able to closely monitor everything through SlickPie. You can see every detail input in the transaction, such as dates, amount paid, amount received, taxes, fees, side notes, credits, interests, client information, chart of account, previous related transactions, etc. This enables you to keep track of all the small details that would usually go unnoticed in other platforms, and you can do this for free using SlickPie Online Accounting Software.
MagicBot is an automated receipt data entry tool that enables businesses to streamline accounting by automatically pulling information from bills and receipts and converting it into digital data. MagicBot puts an end to the boring and time-wasting tasks of manual data entry in bookkeeping. This cutting-edge technology is exclusive to SlickPie and is one of the core components of our online accounting software. SlickPie is the first and only online accounting software for micro businesses and freelancers in the world to have such a revolutionizing resource built-in as part of a core accounting engine.
SlickPie has all the best ways for you to get paid faster. Whenever you send an invoice to your customers they can pay you in many different instantaneous and convenient ways. They can choose to pay your invoice through all the major credits cards on the market, such as Visa, MasterCard, and American Express, or they can also choose payment gateways like PayPal and Stripe. This means that you will be able to accept online payments in any way your customers prefer, so you won’t have to worry about being available 24/7 to collect payments since you will be able to get paid anywhere, at any time. Your customers will able to pay you with a single click of a button with no unnecessary efforts or headaches whatsoever. Implementing additional payment channels plays a key role in reducing the barriers for you increase the chances of your customers paying you in time. This is one of the best ways to make your customers payment experience easier and more efficient. Security also plays a huge role here. SlickPie uses encrypted data in all its transactions, which means your information is always secure. Security and innovation is what SlickPie is built on, and helping your business to get paid faster is our model.
The best way for you to keep track of your business finances and to manage your operations between any locations is by using SlickPie’s easy-to-use multi-currency feature in your daily transactions. You’ll enjoy the ultimate problem-solver for all kinds businesses that deal with international customers and vendors. Multi-currency allows you to send invoices in any currency they want by simply making a small tweak in your transactions. If your company is set in SlickPie to be operating in US Dollars as default, but you’ll soon start operating both in USD and Euros, all you have to do is adjust that in your invoices and SlickPie will take care of all the rest for you.
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Cash based accounting is becoming just a rare thing and thus SlickPie uses the accrual method of accounting. All the reporting is based on this method. This is the recommended method of accounting by the financial and accounting associations and is the most commonly used method in Canada/ USA. You can add cash transactions via Record Income and Record Expenses in SlickPie.
Each company is a separate entity and is thus treated separately. So you can use the same COAs for any number of companies you want.
You cannot modify or delete a system account.
Inventory management is currently unavailable in SlickPie but you can track the sale and purchase manually. Please visit Tracking the inventory manually for more information.
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