Silverfin

Silverfin

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Website: silverfin.com

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Silverfin is a cloud-based accounting software designed to streamline financial management for accounting firms. It consolidates live client data from various bookkeeping systems, providing a centralized platform for efficient data access and automation. The software integrates AI mapping to standardize client files, ensuring accuracy and reducing manual work.

Key features include Working Papers, which facilitate fast and accurate preparation of client accounts by connecting to live data, and Accounts Production, which automates the preparation and submission of statutory accounts. Additionally, Corporation Tax workflows are standardized to simplify tax returns, reducing errors and enhancing compliance. The Silverfin Assistant acts as a virtual team member, analyzing client files to identify errors and suggest fixes.

Silverfin also offers Insights, a powerful data analysis tool that allows users to query client data and identify trends across their entire portfolio. This feature enables accountants to provide advisory services by spotting opportunities and risks. The software supports collaboration through in-context communication, ensuring that teams work efficiently and track progress effectively. By integrating these features, Silverfin helps accounting firms improve efficiency, accuracy, and profitability while enhancing client satisfaction.

The Silverfin cloud platform enhances the delivery of accounting and tax services by creating a live client file, connected workpapers, and supported by inbuilt intelligence. With standardised and automated workflows for working papers, accounts production, corporation tax and management accounts, the platform improves compliance consistency, capacity and control. Silverfin takes financial data directly from client bookkeeping systems like Xero and Quickbooks and hosts it securely in the cloud. Then best-practice templates standardise, and automate tax and accounting workflows to make compliance easy, fast, and accurate. But that’s only half the story. Leading firms use Silverfin to power their advisory services too. Looking at data and trends, right across the client portfolio is easy and automatic alerts warn of risks or identify opportunities to give advice or sell additional services. 30% of the top 100 accounting firms use Silverfin today, managing over 50,000 client files in the cloud.

Website: silverfin.com

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