Truewind

4 reviews

What is Truewind? Truewind is AI accounting software that serves as a digital accountant, so your actual accountant can focus on producing impactful advisory work. Automate accounting workflows, document management, data collection, books analyses, and more. Communicate with clients, sync directly with 4 major general ledgers, and increase your capacity to take on clients by 200%.

Transaction Classification

0 reviews

Truewind's AI-Powered Transaction Classification automates the sorting and categorization of financial data, significantly reducing manual labor and enhancing accuracy. By leveraging machine learning, the platform learns from historical data to improve classification accuracy, allowing accountants to focus on strategic analysis rather than tedious data entry tasks.

Close Management

0 reviews

Truewind's Close Management platform is an AI-powered solution designed to streamline and automate the financial close process for accounting professionals. By centralizing tasks such as reconciliations and ledger reviews, it ensures consistency, compliance, and transparency throughout the complex close cycle. This automation reduces the time and effort traditionally required, allowing accountants to focus on strategic advisory roles and enhancing overall firm agility.

Flux Analysis

0 reviews

Truewind's Flux Analysis is an AI-powered accounting platform designed to automate variance analysis, enabling Certified Public Accountants (CPAs) to identify and investigate financial fluctuations efficiently. By applying advanced algorithms, it streamlines the detection of significant changes between accounting periods, allowing for in-depth financial planning and analysis (FP&A).

Proforma Tools

0 reviews

Truewind's AI-Powered Pro-forma Tools are designed to assist accounting firms in managing multiple family entities efficiently. These tools provide forward-looking financial insights, enabling clients to plan for the future with confidence. By automating complex forecasting and budgeting processes, Truewind simplifies the creation of accurate pro forma financial statements, allowing firms to offer proactive advisory services beyond traditional accounting.

Build Firm Capacity

0 reviews

Build Firm Capacity is a solution designed to enhance the operational efficiency of professional service firms by automating routine tasks and streamlining workflows. By leveraging advanced AI technologies, it enables firms to handle increased workloads without the need for additional staff, thereby optimizing resource utilization and improving overall productivity.

Complex Contracts

0 reviews

Truewind's AI-Powered Complex Contracts platform streamlines the management of intricate contracts, including those with custom pricing, amendments, and diverse revenue schedules. By automating the generation of accurate sales orders directly within ERP systems, it reduces manual effort and minimizes errors, ensuring compliance with standards like ASC 606. The platform also contextualizes contract amendments, automatically adjusting billing and revenue recognition schedules to align with evolving client agreements. Additionally, it offers features such as contract summarization, transaction audit trails, and actionable insights, enabling businesses to maintain accurate, audit-ready financial statements with minimal manual intervention.

Reconciliation

0 reviews

Truewind's AI-Powered Reconciliation is a cutting-edge solution designed to automate and streamline the financial reconciliation process for accountants and financial professionals. By leveraging advanced artificial intelligence, Truewind matches transactions across bank statements, invoices, and receipts in seconds, significantly reducing the time and effort traditionally required for accurate financial reporting.

Accrual Workpapers

0 reviews

Accrual Workpapers by Truewind is an AI-powered accounting solution designed to automate and streamline the management of accruals, such as prepaid expenses and fixed assets. By eliminating the need for manual, disjointed Excel spreadsheets, it enables accounting professionals to focus on reviewing AI-generated workpapers, thereby enhancing efficiency and accuracy in financial reporting.