Botkeeper was founded by a team of entrepreneurs who suffered the same bookkeeping challenges experienced by most small and midsize businesses and realized the primary issue with bookkeeping was the humans in the middle tasked with doing the work. Bookkeeping is tedious, manual, and repetitive data entry combined with visualization and analytics of that data. Human error, unexpected life events, a need to sleep, and a lack of scalability make humans very inefficient at doing bookkeeping. However, if they could replace the human with robot-like software they might be able to solve this dilemma. Software bots are excellent at automating data entry accurately, 24/7. Software bots are also great at following rules and accounting policies consistently and precisely, as well as visually rendering unlimited beautiful reports, dashboards, and charts.
"Botkeeper most certainly stood out in their ability to leverage technology as well as human capital, at a very attractive price point, to accomplish a number of accounting processes. The Botkeeper feature that was most appealing was the combination of cutting-edge technology coupled with the human element. This aspect on top of the technology that Botkeeper has built is a winning combination. Things get done so efficiently now- we've drastically cut down the risk of human error."
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