Automated Accounting Software
Turn hours into minutes with automations
Put your financial workflows on autopilot, from expense recognition to revenue forecasting.
Give your team
time back
Automated journal entries
Automate journal-entry posting with smart approval workflows that verify threshold amounts and approval limits. Your DualEntry dashboard centralizes management of all entries, and smooths compliance with built-in segregation of duties.
Dynamic allocations
DualEntry simplifies complex allocation processes with fully automated, multi-dimensional allocations across products, projects, and departments. Auto-schedule recurring allocations in seconds, even across numerous entities.
Automatic reversals
At the beginning of each accounting period, DualEntry automatically manages the reversal of accruals and short-term entries. With no manual intervention needed, you can save time and reduce the risk of oversights.
Intelligent corrections
DualEntry’s automated correction mechanism embeds smart adjustment rules directly into your allocation formulas. This ensures real-time accuracy and eliminates the need for manual end-of-period adjustments.
Get a deeper view of your financial future
Revenue visualization
Elevate your revenue forecasting with dynamic waterfall analysis. DualEntry automatically generates comprehensive visualizations of future revenue patterns, incorporating contract modifications and renewal impacts so you can plan with more precision.
Revenue scheduling
Take control of your revenue recognition schedules through automated pattern recognition. Configure custom revenue allocation rules while having full visibility of deferred revenue roll-offs across all your contracts.
Streamlined amortization
Automate complex amortization calculations with precise monthly scheduling and balance tracking. DualEntry generates detailed reconciliation reports that align seamlessly with your GL while offering flexible expense recognition options.
Get financial clarity faster
Automatic bank matching
Close the books faster with AI’s help. DualEntry automatically creates and matches transactions, so you can reconcile with a couple of clicks.
Automatic transaction creation
DualEntry intelligently generates transactions based on your selected criteria, freeing up time for your team.
Bank fee automation
Improve transparency and reduce the risk of oversight. DualEntry automatically calculates and applies bank fees based on transaction data and account agreements.
Easy reconciliation
Make reconciliation and consolidation seamless, and soft close whenever you like. With 13,000+ live bank connections, DualEntry matches bank data with corresponding transactions, flags missing elements, and reduces the risk of disruption as you approach the month end.
Transaction categorization
Ensure all transactions are correctly coded before they’re entered into your GL. DualEntry automatically categorizes your transactions and suggests new categories tailored to your enterprise’s operational focus.
Automate routine tasks and stay in sync
Automated AR/AP postings
Maintain a perfect balance across all your entities by automating intercompany transaction management. DualEntry automatically creates AR/AP postings for intercompany journals and generates smart elimination entries during period close.
OCR reading
Skip the manual work with bills, invoices, POs, and more. Upload any document, then let DualEntry’s AI OCR technology read it and log it as an accounting transaction.
Smooth integrations
Enhance your tech stack by drawing from DualEntry’s library of 200 free integrations. Benefit from a seamless, two-way, real-time data sync with all your existing systems – set up in seconds.
Automate routine tasks and stay in sync
Automated AR/AP postings
Maintain a perfect balance across all your entities by automating intercompany transaction management. DualEntry automatically creates AR/AP postings for intercompany journals and generates smart elimination entries during period close.
OCR reading
Skip the manual work with bills, invoices, POs, and more. Upload any document, then let DualEntry’s AI OCR technology read it and log it as an accounting transaction.
Smooth integrations
Enhance your tech stack by drawing from DualEntry’s library of 200 free integrations. Benefit from a seamless, two-way, real-time data sync with all your existing systems – set up in seconds.
Everything you need from an
automated accounting software
without the extra charges
| Feature |  |  |  |  |
|---|---|---|---|---|
Real-time risk assessment | Not supported | Planned in Enterprise Suite | Not supported | |
AI anomaly & fraud detection | Not supported | Planned in Enterprise Suite | Not supported | |
Close checklist | Not supported | Not supported | Not supported | |
AI copilot | Not supported | Not supported | ||
Bank-fee automation | Requires configuration | Limited – manual or bank rules only | Requires rule setup or SuiteApp | |
Transaction categorization | Requires mapping | Rule-based only | ||
Auto distribution | Not supported | Requires paid Transaction Line Distribution SuiteApp | ||
AI OCR and document detection | Requires add-on | Partial – 3rd-party for invoices | Requires paid Bill Capture module | |
AI expense management | Not supported | Requires 3rd-party | Requires SuiteApp | |
AI document interpretation | Requires add-on | Requires add-on | Requires add-on | |
Self-service access | Requires add-on | Not supported | Requires add-on | |
AI predictive insights | Requires SAP Analytics Cloud | Requires SAP Analytics Cloud | ||
Granular reporting | Limited without add-on | Limited without add-on | ||
Automatic bank matching | ||||
Automatic transaction creation | ||||
Streamlined reconciliation | ||||
Bulk import |
Automated Accounting Software FAQ
What is automated accounting software?
Automated accounting software is a software that automates various accounting processes. Usually the processes it automates are manual repetitive tasks like creating general ledger entries straight from the source documents, invoice capturing via OCR and auto match purchase orders, invoices and receipts. But AI native ERP platforms like DualEntry that can understand context can execute more complex judgment tasks and not only basic accounting automations and rule based workflows. You can extract and match data, detect anomalies, get real time risk assessments, automatic bank matching, automatic transaction creation and more.
What is the best accounting automation software?
The best accounting automation software is a software that should offer you way more than just automating repetitive tasks and rule based workflows. It should be a customizable software that implements easily with the rest of your stack and offers automations like: predictive insights, anomaly and fraud detection, OCR and document detection, AI expense management and auto distribution so it saves your team time and not the other way.
Is it possible to automate accounting?
Yes, automating accounting is possible and already happening. Because in accounting there are many repetitive and rule based tasks it is one of the industries that got automated.
Some of the accounting tasks can get automated are:
Data entry from receipts, invoices, and emails
Bank reconciliations and transaction matching
Recurring journal entries and accruals
Expense categorization and approvals
Financial report generation and distribution
The biggest benefit of accounting automation is not the time saved but error elimination. As already mentioned, because there are a lot of manual and repetitive tasks in accounting, it's an area that is very error prone and automation eliminates this risk. With that being said you can’t automate everything there are still areas that need judgment and human input like rev rec policies, strategic planning and audit oversight. Think automation and AI as a junior accountant that handles all the repetitive tasks but still needs oversight from more experienced team members.
Which accounting processes does DualEntry automate?
The processes DualEntry automates are:
Automatic bank matching
Automatic transaction creation
Bank-fee automation
Streamlined reconciliation
Transaction categorization
Auto distribution
AI OCR and document detection
Bulk import
AI expense management
AI copilot
AI document interpretation
Self-service access
AI predictive insights
Granular reporting
Real-time risk assessment
AI anomaly and fraud detection
Close checklist
Do I need engineering support to use DualEntry’s accounting automation?
No, you don’t need engineering support to use DualEntry’s accounting automation. When you switch to DualEntry from any accounting system DualEntry’s US based CPA led implementation process will get you ready to to make your first close, in 4 weeks or less. After our implementation team sets you up and customize DualEntry to your business needs, you will be able to use all the accounting automation tools DualEntry offers without needing engineering support.
Can I turn off automation or approve before posting at DualEntry?
Yes, automation at DualEntry is not an end in itself. Every feature and automation is fully customizable to your business needs. So if you divide to turn off automation or approve before posting you can absolutely do it.
What makes DualEntry different from QuickBooks, Xero, and legacy ERPs?
The main difference between DualEntry ERP and accounting software like QuickBooks, Xero and legacy ERPs is that DualEntry is an AI native ERP. This means that unlike legacy ERPs and accounting software that offer only basic accounting automations and rule based workflows, DualEntry is built with advanced AI automations that understand context and can act like a junior accountant.