Truewind

Truewind: Revolutionizing Accounting with AI

What is Truewind? Truewind is an AI-powered digital staff accountant designed to automate and accelerate accounting processes. It helps accounting teams, family offices, and businesses unlock new levels of productivity and insights by automating tasks such as transaction classification, reconciliation, and workpaper preparation.

How does Truewind work?

Truewind streamlines accounting through a three-step process:

1. Integrate Your Data: Connect live data from your general ledger and supporting workpapers to ensure your financials are always accurate.
2. Classification & Reconciliation: Automate transaction classification, supporting document collection, and client follow-up. Reconcile your subledger accounts efficiently.
3. Insights & Analytics: Bring a new level of insights to your clients and business partners with automated analytics.

Key Features and Benefits

• AI Assistant: An AI accountant that identifies anomalies, highlights unique insights, and chats with you about the financials.
• Bank & Credit Card Auto-Categorization: AI automatically categorizes bank and credit card transactions to the correct account, class, and dimension.
• Deposit Reconciliation: Automatically match bank deposits to customer payments, saving hours of manual reconciliation each month.
• Prepaid Expense Tracking: Track and amortize prepaid expenses automatically, eliminating the need for spreadsheets and preventing missed adjustments.
• Fixed Asset Tracking: Effortlessly track fixed assets in a GAAP-compliant manner, updating your books as time passes.
• Flux Analysis: Auto-prepared flux analysis with drill-down to the vendor level for every variation and AI-generated explanations.

Why Choose Truewind?

• Increased Efficiency: Truewind reduces accounting time by up to 65% by automating tedious tasks.
• Predictable Capacity Planning: The digital accountant absorbs transaction work, making capacity planning predictable.
• Improved Accuracy: By connecting live data and automating reconciliation, Truewind ensures accurate financials.
• Better Insights: The AI Assistant and automated analytics provide new levels of insights into your clients' and business partners' financials.

Who is Truewind for?

Truewind is ideal for:

• Accounting Firms: Automate month-end close and deliver better insights to clients.
• Family Offices: Streamline accounting processes and ensure accurate financials.
• Businesses: Improve efficiency and gain better insights into their financial performance.

Testimonials

• Corbin Hanuš, Partner @HHL Advisor: "On credit card transactions alone, I'd say Truewind has cut my categorization time by about 75%. And when you scale that across an entire firm, the impact is huge."
• Michael Yuan, Head of Finance @Superannotate: "In the midst of all the craziness prepping for a board meeting, we used Truewind to close our books on the 13th, which is the fastest we've ever experienced."
• Peter Fishman, Co-Founder @Mozart Data (YC S20): "Before Truewind, our team was buried in spreadsheets and chasing down missing transactions. Now, our books are accurate, closes are faster, & we can focus on strategy."

Best way to use Truewind?

• Integrate Truewind with your existing accounting software (e.g., general ledger).
• Utilize the AI Assistant to identify anomalies and insights.
• Automate transaction categorization and reconciliation processes.
• Leverage the automated analytics for better financial insights.

With over 500+ five-star reviews and trusted by industry leaders, Truewind is the digital staff accountant that never sleeps, never gets sick, and always does its work. Discover how it can revolutionize your accounting processes today.