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What is Klarity?

The manual examination of customer contracts to assess their impact on revenue accounting can be both lengthy and arduous. Accountants often find themselves dedicating numerous hours to generate and fill out new contract review lists, which include essential details like metadata, dates, fees, and atypical terms. This significant investment of time could instead be allocated towards enhancing innovative processes. Klarity steps in to streamline this entire procedure by automating it. The platform automatically generates a checklist for the thorough review of all contracts, incorporating every tool needed for contract assessment and delivering notifications, accounting implications, annotations, along with an automated workflow. By utilizing Klarity, organizations can redirect their efforts toward creating strategic value, emphasizing analysis and audit documentation instead of getting bogged down in monotonous manual tasks. For a more efficient contract review experience and an expedited month-end closing, users can set up tailored workflows for both first- and second-level reviewers, ultimately enhancing productivity and accuracy in the process. This not only saves time but also ensures that teams can focus on more critical aspects of their operations.

What is Accrual?

Accrual represents an innovative automation platform tailored for tax and professional accounting firms, especially those managing substantial tax return preparations and reviews. It employs advanced AI agents that mimic the role of a preparer, efficiently gathering and organizing client data from various sources such as K-1s, 1099s, spreadsheets, emails, and comprehensive financial statements. These intelligent agents not only identify any missing details but also formulate targeted follow-up questions and draft tax returns ready for professional review, all within an integrated system that avoids the pitfalls of fragmented tools. This AI-enhanced structure meticulously organizes data as it is gathered, allowing the preparation, review, and client advisory processes to build on each other, thus eliminating the necessity for repetitive manual tasks. Consequently, firms realize a remarkable decrease in the time dedicated to both preparation and review, all while ensuring the accuracy, controls, and auditability that are crucial to the accounting field. Additionally, by streamlining workflows, Accrual enables firms to adapt swiftly to the fast-paced changes in the financial sector, ultimately enhancing their effectiveness and the quality of service provided to clients. The platform not only fosters greater efficiency but also positions accounting firms to thrive in an increasingly competitive market.

Media

Media

Integrations Supported

Amazon WorkDocs
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Salesforce
Workday Financial Management

Integrations Supported

Amazon WorkDocs
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Salesforce
Workday Financial Management

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Klarity

Date Founded

2017

Company Location

United States

Company Website

www.tryklarity.com

Company Facts

Organization Name

Accrual

Date Founded

2024

Company Location

United States

Company Website

accrual.com

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Categories and Features

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