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Eleven

Revolutionary AI-driven Accounting Software Tailored for CPAs and Accounting Firms

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Description

Eleven offers cutting-edge, AI-powered accounting software specifically engineered for accounting firms and CPAs. It focuses on streamlining workflows and boosting productivity by automating routine processes. The platform utilizes AI for high-accuracy data extraction from documents like invoices, bills, and bank statements, significantly reducing manual encoding time.

Designed to handle complex accounting needs, Eleven supports multi-company and multi-currency (over 170 currencies) operations, making it suitable for firms managing diverse client portfolios. It provides a scalable general ledger, automated Accounts Receivable (AR) and Accounts Payable (AP) processes, comprehensive document management, and robust reporting capabilities, including standardized and custom reports with Business Intelligence (BI) integration. Built on a secure cloud infrastructure (AWS), Eleven aims to help accounting practices scale efficiently while maintaining high service standards.

Key Features

  • AI-powered Data Extraction: Automatically extract data from PDFs and images (invoices, bills, bank statements).
  • Automated Bookkeeping: Streamline workflows for managing GL, AR, AP, taxes, and reporting.
  • Scalable General Ledger: Process unlimited transactions.
  • Multi-Currency Accounting: Transact and report in over 170 currencies.
  • Automated AR & AP: Ensure fast, error-reduced accounts receivable and payable processes.
  • Document Management: Keep financial documents organized and accessible.
  • Custom Reporting & BI: Create and share custom reports and dashboards with integrated Business Intelligence.
  • Multi-Company Accounting: Easily manage and switch between multiple client accounts.
  • Universal Tax Engine: Handle complex tax scenarios and generate tax reports.
  • Banking Integration: Keep financials up-to-date with bank feeds and reconciliation tools.
  • Analytical Accounting: Gain insights into costs and revenues.

Use Cases

  • Automating bookkeeping and data entry for accounting firms.
  • Managing accounting for multiple clients across different entities and currencies.
  • Streamlining accounts payable and receivable workflows.
  • Improving efficiency in invoice and bill processing.
  • Generating comprehensive financial reports for client advisory.
  • Scaling accounting practice operations through automation.
  • Enhancing data security and accessibility with cloud-based document management.

Frequently Asked Questions

How secure is my data with Eleven?

Each client's general ledger is a separate database, easy to restore and back up. Eleven uses advanced encryption and securely stores all information and documents on certified AWS servers globally.

Is there any long-term contract?

Yes, you can opt for a 2 or 3-year contract with a fixed-price guarantee, available for both Grow and Enterprise licences.

How does the free trial work?

Eleven offers a 7-day free trial with full access to all accounting features. You can use a pre-configured test environment or migrate your own client data. Extensions are available upon request.

What is your refund policy?

For the Grow plan on a monthly contract, you can cancel within the month. For yearly contracts (Grow and Enterprise), you can cancel mid-term without penalties with a 3-month notice.

Can I cancel my subscription but still keep my data?

Yes, your data remains yours. After cancellation, you have one month to export it in .CSV format. Longer-term data archiving options are available by contacting Eleven.

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