In today’s fast-paced business world, small businesses need accounting solutions that go beyond basic bookkeeping to include advanced financial management tools. Automa8e stands out with its flexible pricing plans, user-friendly platform, and a rich array of features designed to help businesses manage finances efficiently. Whether you’re just starting or scaling up, Automa8e provides plans tailored to your needs.
In this article, we’ll explore the details of Automa8e Startup and Automa8e Advance Plans, highlighting their features, token usage, user limits, and advanced accounting functionalities.
Automa8e Startup Plan
Key Details
- Cost: Free
- User Limit: 1 User
- Features:
- Basic bookkeeping and accounting tools.
- Access to essential financial tracking and reporting functionalities.
- Ideal for startups or solopreneurs testing the platform’s capabilities.
Best For
Startups and very small businesses looking for a cost-effective way to manage basic accounting needs without financial investment.
Automa8e Advance Plan
As your business grows, Automa8e offers the Advance Plan to unlock a comprehensive suite of features for robust financial management.
Pricing Structure
- SGD 156 for the 1st year (75% Off) – 156 Tokens Included.
- SGD 312 for the 2nd year (50% Off) – 312 Tokens Included.
- SGD 468 for the 3rd year (25% Off) – 468 Tokens Included.
- SGD 624 for the 4th year onwards – 624 Tokens Included.
- Additional Users: SGD 156 per user/year.
User Limit
- Startup Plan: 1 User.
- Advance Plan: 5 Users included (expandable).
Token Usage
- Tokens can be utilized to access additional features and services.
- 1 Token = SGD 1.
Automa8e Advance Plan Features
The Advance Plan delivers advanced functionalities that cater to growing and complex business needs. Here’s what you can access:
1. Invoices and Bills
Create, manage, and track invoices and bills with ease. Automa8e streamlines these processes to ensure timely payments and collections.
2. Accounts Receivable and Collection Management
Track outstanding payments, send reminders, and manage receivables effectively to maintain healthy cash flow.
3. Accounts Payable and Payment Management
Ensure all outgoing payments are tracked, categorized, and processed without errors.
4. Accruals and Deferments Calendar
Keep track of deferred expenses and income to align financial reports with business activities accurately.
5. Provision for Doubtful Debt and Write-offs
Manage doubtful debts efficiently with built-in tools for bad debt provisioning and write-offs.
6. Bulk Classification of Bank Transactions
Save time by classifying multiple bank transactions at once using Automa8e’s AI-powered bulk processing tools.
7. Bank Reconciliations
Match bank transactions with accounting records seamlessly to ensure accuracy and completeness.
8. Financial Dashboard
Monitor your business’s financial health with a customizable, real-time dashboard displaying key metrics and insights.
Advanced Asset and Investment Management
Automa8e Advance Plan goes beyond basic bookkeeping, offering tools for asset and investment management.
1. Multi-Currency Transactions
Handle invoices, bills, claims, settlements, and monetary revaluations in multiple currencies effortlessly.
2. Property, Plant, and Equipment (PPE) Management
Track asset acquisition, impairment, depreciation, and disposals with ease.
3. Intangible Assets Management
Manage intangible assets, including acquisition, impairment, amortization, and disposals, directly within the platform.
4. Investment Properties
Simplify acquisition, valuation, and disposals of investment properties.
5. Shares, Bonds, and Other Investments
Track acquisitions, valuations, and disposals of financial investments like shares and bonds.
Comprehensive Funding and Equity Management
1. Bank Loans and Leases
Manage loans, finance leases, and right-of-use (ROU) leases with structured tools for financial accountability.
2. Loan Payables and Receivables
Keep track of loan obligations and receivables in a streamlined manner.
3. Equity Management
Handle share allotments, reductions, treasury shares, and share application funds with precision.
Why Choose Automa8e?
1. Scalability
Start with the free plan and scale up as your business grows, accessing advanced features with minimal cost increments.
2. Flexibility
Automa8e allows you to add users, access tokens, and integrate advanced features as needed, ensuring you only pay for what you use.
3. Comprehensive Features
From basic bookkeeping to advanced asset management, Automa8e has everything small businesses need to thrive.
4. Cost-Effective Solutions
The tiered pricing and token system make it affordable for businesses of all sizes, with discounts ensuring value in the initial years.
How to Get Started with Automa8e?
- Sign Up: Choose the Startup Plan for free or opt directly for the Advance Plan based on your business needs.
- Configure Features: Add users, set up tokens, and customize the platform to your financial workflows.
- Explore Tools: Use the dashboard, manage accounts, and leverage advanced features to optimize your accounting process.
FAQs Accounting Services for Small Businesses
Yes, Automa8e allows you to start with the free Startup Plan and seamlessly upgrade to the Advance Plan whenever your business needs expand.
The Startup Plan includes essential bookkeeping tools, basic financial reporting, and tax-ready documentation, making it ideal for startups and solopreneurs.
The Advance Plan offers advanced features such as bulk transaction classification, accounts receivable and payable management, accruals and deferments calendar, bank reconciliations, multi-currency support, and asset management tools.
Yes, the Advance Plan includes up to 5 users, and additional users can be added for SGD 156 per user per year.
Tokens are included in the Advance Plan and can be used to access additional services or features. One token is equivalent to SGD 1, and the plan provides tokens equal to the subscription fee for each year.
Yes, Automa8e employs bank-grade encryption and multi-layered security measures to ensure your financial data is safe and protected.
Yes, the Advance Plan includes support for multi-currency transactions, allowing you to handle invoices, bills, and settlements in different currencies.
No, Automa8e’s pricing is transparent. All costs, including additional users or optional add-ons, are clearly outlined in the subscription process.
Yes, Automa8e provides tools to manage property, plant, equipment (PPE), intangible assets, investment properties, and other investments, including acquisitions, valuations, impairments, and disposals.
While Automa8e is tailored for small businesses, its scalability and comprehensive features make it suitable for larger operations as well.
Automa8e redefines accounting for small businesses by combining automation, affordability, and advanced tools. Whether you’re exploring the free Startup Plan or diving into the comprehensive Advance Plan, Automa8e ensures your financial processes are efficient, accurate, and scalable.
Start with Automa8e today to experience the future of accounting—simple, secure, and perfectly suited for small businesses aiming for growth.