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What is Papertools?

Papertools brings accounting and everyday business management into one workspace for freelancers, sole traders and small businesses, including incorporated companies. Plain-language workflows help owners manage their business while maintaining proper double-entry records. From quotes and invoices to supplier bills, expenses and purchase orders, information flows through connected processes. Record payment receipts, manage credit notes and carry customer credit forward to future invoices. Inventory, payroll, mileage, projects and contracts sit alongside journals, the general ledger and financial reporting. For less familiar accounting tasks, Quick Journal guides users through events such as asset purchases, financing and depreciation. Paper-Ai provides voice and text assistance for document drafts and questions about the books, while its reader turns PDF and image information into drafts for review. Bank reconciliation supports transaction matching with imported CSV or PDF statements and supported bank feeds. Multi-currency functionality, recurring automation, team access controls and data exports support day-to-day operations. Customers can pay through connected Stripe or PayPal accounts without an added Papertools transaction fee; provider fees still apply. The Essential plan is free forever, with no credit card required. Paid plans provide additional capacity and functionality as business needs grow.

What is Mercury Books?

Mercury Books presents a fully integrated double-entry accounting software through a Mercury account, which effectively combines banking and bookkeeping to maintain comprehensive, current, and accurate financial records. This software automatically monitors activities across multiple Mercury services, including banking, cards, invoicing, and bill payments, efficiently categorizing transactions and reconciling accounts in real time, eliminating the necessity for manual data handling. Users can choose between cash and accrual accounting methods, enabling them to easily create vital financial reports such as profit and loss statements, cash flow statements, and balance sheets that reflect real-time data. Moreover, businesses have the capability to connect external bank accounts, credit cards, and various platforms like Stripe, PayPal, and Gusto, providing an enriched financial overview. Powered by Command AI, Mercury Books features a smart interface that allows users to ask questions about their spending habits, trends, and general ledger codes based on their account information. In addition, it simplifies a range of accounting tasks, including the creation of journal entries, organizing the chart of accounts, and efficiently sorting transactions. This forward-thinking solution not only optimizes financial management but also equips businesses with the necessary tools to make swift, informed decisions, ultimately enhancing their overall operational efficiency.

Media

Media

Integrations Supported

PayPal
Plaid
Stripe

Integrations Supported

Mercury
Monk

API Availability

API Availability

Pricing Information

Business from $25/month
Essential is free. Business costs US$25 per month or US$250 per year. Enterprise costs US$50 per month or US$500 per year. Plan limits and included features vary.
Free Version

Pricing Information

$29.90 per month
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Papertools

Date Founded

2025

Company Location

Australia

Company Website

papertools.app/

Company Facts

Organization Name

Mercury.com

Date Founded

2017

Company Location

United States

Company Website

mercury.com/books

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Expense Tracking
Fixed Asset Management
General Ledger
Multi-Currency
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Categories and Features

AI Accounting

Not specified

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