I’m excited to share a new tool we’ve been building – Digits Boost!Digits Boost is an amazing new tool that will suggest actions to take on behalf of your clients’ ledgers.Anytime a Boost is available, you’ll be notified. For example:Category Suggestions Digits looks at each transaction and alerts you if we notice that it is categorized with a different category compared to similar transactions Vendor Suggestions If we spot a vendor that we think can be cleaned up or modified we’ll alert you. Personally Identifiable Information Suggestions If we notice credit card information or social security numbers in transaction descriptions, we can clean it up and remove it  By popular demand, Quickbooks Push now supported with Boost!Make sure data stays aligned, any suggestion you accept will be pushed to QBO automatically, no need to switch apps. Getting access to Digits Boost(Labs-access required - request access here) Setting up Boost No setup required. Seriously. (It automatically did it - already saving you time!)  Launching Boost Log into Digits In top-left drop-down, click “Boost” View the suggestions for each client To push to QBO, click “Fix”.   Support & Video tutorialIf you’d like a self-serve demo of Digits Boost, head over to this video for a tutorial. If you’d like a personal walkthrough of Digits Boost, post in the comments below.Feedback matters in Labs:Please post any issues, bugs, improvements or suggestions. Excited to keep building this product with you, together.–GregPS: If you don’t see this on your dashboard, comment below and we’ll get you activated.
Announcing Financial Reports from the Future (and $65M Series C)
Digits Reports
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Forum|Forum|23 days ago
330
Product Launch
Digits Search: A finance tool so powerful, you'll think we stole it from the future
Digits Search
Forum|Forum|23 days ago
130
The Digits Community
New to Digits? Learn more.
Welcome to Digits!We’re on a mission to build groundbreaking finance tools leveraging our state-of-the-art Living Model technology.What is the Living Model?The Living Model technology unlocks tremendous capabilities in business finance. We’re on a mission to build the tools never before possible that solve the biggest pain points. These tools should each be something that’s both incredibly powerful, yet extremely familiar to use.Take a look at this video describing our team’s breakthrough innovations Dig deeper with our “How it works” technology pageWhat is this community about?It’s for business owners and finance professionals including bookkeepers, accountants, strategic finance, CFO’s, and more that want not only access to the next generation finance tools, but influence and help shape them as well. Building together is a core belief we have here at Digits and we want to build the tools that solve your biggest needs.How did you decide which tools to build first?We’ve been working with hundreds of firms to build these next generation tools that target their biggest pain points.For example, with reporting, we heard from many finance professionals that the whole process to get to the end-deliverable report takes at least 3-5 hours per client. So, we leveraged the Living Model technology and built Digits Reports -- generate and send beautiful, interactive reports that your clients love -- all in one-click. And with search, we heard that it was a pain to even find the information, and then to match and reconcile across different places. What a nightmare to do manually. We built Digits Search which taps into the Living Model directly. (I think of it like it’s a looking glass into how the Living Model is relating that businesses’ financial data in real-time.)You can learn more on our latest tools from our Labs.How will you decide which tools to build next?We’re entirely community driven so will continue to look at the highest voted ideas and prioritize those. You can see which tools are also ready for Labs before they get released to the market.How can I try these next generation tools?We made onboarding incredibly easy. Just link Quickbooks to get started. That’s it.A (really) quick tourThe basic setup of our community is simple:Community (You’re here now!) Join the finance tools revolution. Labs A look at the tools under development at Digits R&D Knowledge Base Read product guides and how-to’s. Product News & Updates The latest innovations from Digits. Feedback & Ideation This is where you can let us know ideas, feedback, and influence the roadmap of the tools we’re building.Looking forward to the next breakthrough!Â
Forum|Forum|24 days ago
1240
Labs
How do I join Labs?
SECURE - Labs-access Required (request access here) Welcome to Labs!Our world-class team of product builders are constantly exploring ways to apply the Living Model to build groundbreaking finance tools.What tools are in Labs right now?Digits Boost - Save time. Automate your work. This is a mission-critical tool for accountants and bookkeepers. It scans for errors and issues in the ledger, and, through learning from your past work, even makes suggestions to fix. One-click, “Fix”, and it’s pushed to the ledger. What happens when tools graduate out of Labs?Tools that graduate out of Labs become fully-supported as a production-ready product. This means they get their own dedicated team of Product Managers, Product Designers, Engineering team, Support team, the works. What tools came from Labs?Digits Search - Your business at your fingertips. Instead of downloading each individual statement from different banks, you can search across all your financials, all auto-reconciled, all in one place. Just link your QBO and corporate accounts and Digits will do the rest.  Digits Reports Builder - Drag. Drop. Done. Spending 3-5 hours per client to reconcile and prepare the monthly report? Use Digits Reports Builder to drag what you want your clients to see. All the work is done for you.  Digits Reports - Financial reports from the future. Still sending boring, black and white PDFs that lack context to your clients? Digits Reports is what your clients want with features like Hover to Discover, interactive commenting, and more. How do I help build the next tool?Be active with your feedback. What’s working, what’s not working, what would you love to see built.Keep in mind, you’re part of a very small group of people that can influence some of the most powerful technology -- the Living Model -- in this industry right now!What is the Living Model?The depth of understanding of the business model in-the-moment. Businesses are fluid so any financial report is really just a moment in time. How deeply the business model is understood in that moment can have profound impact on the decisions and operations. - A shallow understanding would simply be profit and loss of a business. - A deeper understanding would, for example, be knowing all the cost it took -- the equipment, the number of human hours, the cost of the external service providers -- to land that big customer. - The deepest understanding would be able to track every little thing as it relates to the business: all the inventory across all the locations, right now, and the overhead cost to keep it housed there (all the rent, utilities, taxes etc), every last detail. The more intricate the model, the more you understand about that business (of that moment in time).  The speed from change to impact. When there’s several new charges on the company card, or invoices your customers “forgot” to pay, or marketing accidentally overspent by 3x, it impacts the business model immediately. - How fast that impact can be understood is the change agent. - The more “depth” to the model, the harder it is to trace its impact (ever asked “do I have budget for this” at a large company?) Instantaneous understanding means that any impact to the model, no matter how intricate, is immediately understood. With constant transactions, coupled with a refresh rate so fast that it enables instantaneous understanding, is what makes the model “Living”.What can you do with the Living Model?An incredibly fast Living Model would enable the capability to have a digital twin of the physical business. All changes to the business would be known in real-time, digitally. Because it is digital, this allows us to enhance it even more with unique datasets.This level of data enhancement paired with machine learning brings the Living Model to an entirely new level.It saves so. much. time:Putting this technology into tools like Digits Reports means cutting down 3-5 hours of making and sending boring monthly end PDF reports into beautiful, interactive reports -- in one-click.  Or for auditing, wanting to find everything related to travel? The Living Model technology made Digits Search possible. The first, instant smart-search for business financials. It even auto-reconciles across different data sources. There’s nothing on the market like it.  Or for transaction review - you know you’ve categorized this many times, why can’t it just know? Well Digits Boost, enabled by the Living Model, learns from every single categorization and classification that was made and will suggest it for you. Suddenly, what used to be a huge manual pain is simple, smart, and helps saves you incredible time.We’re on a mission to build the next generation of finance tools.Take a look at this video describing our team’s breakthrough innovations Dig deeper with our “How it works” technology pageLooking forward to the next breakthrough!