Automatically categorizes bank and credit card transactions into relevant accounting categories (e.g., office supplies, travel, software subscriptions) using machine learning models trained on financial data.
Matches transactions from connected bank feeds with entries in the accounting ledger, highlighting discrepancies and suggesting reconciliations to ensure books are always up-to-date.
Generates interactive dashboards and standard financial reports (P&L, balance sheets, cash flow statements) with visualizations and trends analysis based on categorized transaction data.
Connects seamlessly with popular accounting software (QuickBooks, Xero), banking APIs, payment gateways (Stripe, Square), and ERP systems to centralize financial data flows.
Monitors transactions for unusual activity, duplicate charges, budget overruns, or cash flow issues, sending notifications via email or in-app alerts.
Startup founders use Torii to automate their bookkeeping by connecting bank accounts and payment processors. The AI categorizes expenses and revenues, saving hours of manual entry. This ensures accurate financial records from day one, allowing founders to focus on growth while maintaining clean books for investor reporting and tax compliance.
Small business owners leverage Torii to generate real-time profit and loss statements and cash flow forecasts. By integrating with their existing accounting software, they get a consolidated view of financial health. This helps in making informed decisions about budgeting, hiring, and investments without relying on external accountants for routine reports.
Accounting firms use Torii to manage multiple client books efficiently. They invite clients to connect their accounts, and the AI handles initial categorization. Accountants then review and adjust transactions, streamlining the month-end close process. This reduces back-and-forth communication and allows firms to serve more clients with higher accuracy.
Finance teams in growing companies implement Torii to automate expense tracking and ensure policy compliance. The tool flags non-compliant transactions and categorizes them correctly for reimbursement. This minimizes manual audits, reduces errors, and provides a clear audit trail for internal and external reviews.
Business managers use Torii's cash flow forecasting features to predict future balances based on historical transaction patterns and scheduled bills. The AI identifies trends and potential shortfalls, enabling proactive adjustments. This helps in maintaining liquidity and avoiding cash crunches, which is critical for operational stability.
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