I value SumIt for its fast aggregation of cross-border transaction data from multiple EU subsidiary sources. It effectively compiles turnover records within minutes, drastically cutting down the time from what used to take my team two full working days. This feature greatly simplifies preliminary VAT gap analysis, making our advisory projects more efficient. I also appreciate SumIt’s flexible filtering for cross-border transaction datasets, which allows me to quickly isolate cross-border turnover for rough VAT risk checks. The centralized dashboard is a plus, offering clear visibility across multiple foreign subsidiaries at a glance, and facilitates quick identification of abnormal turnover spikes. These aspects significantly speed up our preliminary tax risk reviews.

The good thing about accounting systems is that they are the same: debits, credits, reports, etc. The great thing about this fact is that it makes it so easy to transition to a superior product when it comes along. Sumit® is that product. What I like best about Sumit® has to be split into two parts: First, the biggest strength of the Sumit® accounting system is that it was clearly designed for family offices. It eliminates the complexity of multiple entities, layered ownership, bank and brokerage activity, consolidated reporting, and provides a clear view across the structure. That design difference matters. Second, the biggest strength of the Sumit® software company is its founders. Alexandre and Fernando have been through the trenches of running a family office, so they knew all the pain points and decided there had to be something better. They're always thinking 10 steps ahead, from elemental enhancements to integrating MCP software for use with AI.

Given the high volume of entities we manage, it’s a real time-saver to have everything under one login instead of maintaining separate files like we did in our old accounting system. Automating bank feed transactions also lets us spend more time analyzing reports and less time categorizing transactions. Customer service has been impressive as well—they’ve been receptive to our feedback, and they’ve either helped us find solutions or introduced new features in SumIt based on the needs of their family office customers.