Smith & Associates, a mid-sized accounting firm in Manhattan, serves over 65 small businesses. They process 280+ bank statements monthly from various institutions including Chase, Bank of America, Citibank, and Wells Fargo. Previously, their team of 4 bookkeepers spent an entire week manually entering data from PDF statements.
After implementing VaultCaddy, processing time dropped from 40 hours to just 2 hours per month. Accuracy improved from 85% to 98%. The firm now saves $18,000 per month in labor costs, equivalent to $216,000 annually. More importantly, their CPAs can now focus on high-value tax planning and advisory services instead of data entry.
"Taste of Home" restaurant group operates 8 locations across California. Each location maintains separate bank accounts with Chase, Bank of America, and Wells Fargo. CFO Sarah Martinez previously spent 3 days each month consolidating cash flow data from all locations to create unified financial reports.
Manual data entry led to frequent discrepancies between locations. With VaultCaddy, restaurant managers simply photograph statements with their phones and upload. Report compilation time decreased from 3 days to 4 hours with virtually zero errors. Real-time cash flow visibility enables optimized purchasing and staffing decisions.
Photo Upload · 3-Second Processing · 98% Accuracy · From HK$46/month
🔒 銀行級加密保護 · 📱 支援手機拍照 · ⚡ 即時處理
So simple a student can use it, faster than making a coffee
· Photo upload
· Or upload PDF
· Multi-page supported
· Drag and drop
· Auto-recognize Dah Sing format
· Extract all transactions
· 98% recognition accuracy
· Auto-categorize
· QuickBooks IIF file
· Or Excel/CSV format
· Edit before export
· Direct import to accounting software
As a fintech company serving businesses worldwide, we understand the critical importance of data security. VaultCaddy employs bank-level encryption technology approved by financial regulatory authorities, ensuring absolute safety of your financial data.
Including accounting firms, restaurant chains, retailers, and trading companies
VaultCaddy integrates perfectly with the most popular accounting software used by businesses worldwide. Supports QuickBooks, Xero, FreshBooks, Wave, and more. Export files can be imported directly without any manual adjustments. Multi-currency support including USD, EUR, GBP, and 100+ currencies.
Supports all major banks including Chase, Bank of America, Citibank, Wells Fargo, HSBC
3-second OCR recognition, automatic transaction categorization
One-click export, direct import into QuickBooks/Xero, no manual adjustments needed
Smith & Associates, a mid-sized accounting firm in Manhattan, serves over 65 small businesses. They process 280+ bank statements monthly from various institutions including Chase, Bank of America, Citibank, and Wells Fargo. Previously, their team of 4 bookkeepers spent an entire week manually entering data from PDF statements.
After implementing VaultCaddy, processing time dropped from 40 hours to just 2 hours per month. Accuracy improved from 85% to 98%. The firm now saves $18,000 per month in labor costs, equivalent to $216,000 annually. More importantly, their CPAs can now focus on high-value tax planning and advisory services instead of data entry.
"Taste of Home" restaurant group operates 8 locations across California. Each location maintains separate bank accounts with Chase, Bank of America, and Wells Fargo. CFO Sarah Martinez previously spent 3 days each month consolidating cash flow data from all locations to create unified financial reports.
Manual data entry led to frequent discrepancies between locations. With VaultCaddy, restaurant managers simply photograph statements with their phones and upload. Report compilation time decreased from 3 days to 4 hours with virtually zero errors. Real-time cash flow visibility enables optimized purchasing and staffing decisions.
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