We build tools that tackle specific, time-consuming tasks in your practice. Each one is designed to do its job well, priced fairly, and shaped by our own experience running an accountancy practice.
I take on the repetitive work that fills your day, so you can spend more time on the parts that need your judgement. Whether it's reconciling bank transactions or reading receipts, I learn how your practice works and put my suggestions in front of you to check.
Each tool is built to do one thing well, priced fairly, and shaped by the day-to-day reality of running a practice.
Receipt capture that learns how your practice codes. Otto extracts the supplier, dates, totals, and full line items, suggests the coding from that client's own history, and leaves you to review before publishing.
Machine learning that matches bank transactions with bookkeeping entries in Xero, learning from each client's own reconciliation history.
If Xero's built-in bank reconciliation (JAX) meets your needs, start there. Otto is for practices that need more reliable matching, especially learning from your corrections.
I've been using Otto as part of my bookkeeping practice [since July 2024], and all I can say is that my mind is blown! Without realising, I'd been under-utilising bank rules in Xero. I now have around 10x more set up, and even better - Otto reconciles them before I even get to the office! Now the team have integrated SmartMatch, so much more of my bookkeeping can be done while I sit on the beach.
What can I say about Otto? As an accountant offering bookkeeping services, this nifty little bit of software has saved me time. How? Well, it's recognised all the bank rules in Xero, and just dealt with them. It's popped on each morning and just got on with it. Marvellous! It's another pair of hands that I didn't know was needed.
It was a surprise to me to see that he worked so well for my membership client, I barely check in now. And it very nicely flags up how much time I was spending previously.
I can’t recommend Otto highly enough for anyone looking to streamline their bookkeeping processes! Since incorporating Otto into my workflow, reconciling my Xero bank transactions has become significantly faster and more efficient.
If you're looking for a tool to enhance your productivity and take the stress out of bank reconciliations, Otto is a game-changer.
