Digits Boost: Now in Labs

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 in this topic.

Related products:Digits Boost (Labs)

[04.22 — Digits Upgrade] Upgrading: Digits Reports, Digits Search, Accountant Portal, Living Model

   Introducing Quarterly ReportsWelcome to Q2 🙂 Now, with the click of a button, you can generate beautiful, immersive quarterly reports packed with all the intelligent executive summaries and actionable insights you get from standard, monthly Digits Reports. Quarterly Reports pack all the same power: infinitely explore your data through elegantly presented numbers and popular features like Hover to Discover.      Preview Mode — proof before you sendIt’s no surprise that accountants and financial professionals care tremendously about the details.  When it came to creating reports for their clients, they were interested in how their work would be presented. Inquisitive and detail-oriented users can now preview and share both emails and reports with themselves to see and review exactly what the others will receive when they are shared a report.   Full April Change Log Digits Reports + Digits Reports BuilderFeature: Quarterly Reports Support Users can now generate quarterly Digits Reports Feature: View-as-a-Client Support Users can now preview a report before sharing it Users can now preview an email before sending it Designed a top banner to identify preview mode Developed a tool-tip for better “Preview” text explanation User Experience Enhancements Improvements related to date adjustments Easier time period selection Greater context awareness with expanded viewing around shared reports Digits SearchAdded underlying support for searching across different view types Enhanced extraction of information from unstructured text Index transactions’ external display ID’sAccountant PortalUpdated ordering and treatment of client listsLiving ModelOptimized vendor information extraction via transaction descriptions Implemented a Digits specific banking-related NER model.Try Digits Today

Related products:Digits ReportsDigits SearchLiving ModelPlatform & IntegrationsDigits Reports Builder (Labs)

Announcing Financial Reports from the Future (and $65M Series C)

  Today’s finance tools fall far short of what accountants and finance teams deserve—immersive storytelling backed by intelligent analysis, powerful visuals, and instant answers. It’s time to bid farewell to stale, black and white reports, tedious Excel models, and unsecured email attachments. Let relics go the way of relics.Financial reports are meant to tell a story. Today, that story is confusing—it’s told in a format that’s complicated, tough to understand, and hasn’t changed in decades. When business owners receive their monthly financials, they struggle to grasp the takeaway or what they should do about it. The burden falls upon them, their accountant, or their finance team to make sense of it all. SoftBank Vision Fund 2 and Harry Stebbing’s 20VC Growth Back our Vision for the Future of FinanceAs we’ve built Digits, we’ve been overwhelmed by the energy and excitement for our mission from founders, accountants, and investors alike, and we’ve been honored to have the financial backing of Benchmark, GV, and over 70 passionate angel investors to bring us to this point.Today, we’re excited to announce the next chapter: our $65 Million Series C, led by SoftBank Vision Fund 2 with participation from Harry Stebbings’ 20VC Growth, as well as Benchmark and GV.SoftBank’s extensive experience in global fintech and their shared commitment to long-term, meaningful impact in the spaces they invest in is an ideal partnership as we shift to our next stage of growth.  Meet Digits Reports Welcome to the future of financial reporting. Digits Reports is a modern and secure format for live, interactive, collaborative financial statements.  Go ahead, play with the numbers. Features like Hover to Discover allow you to quickly see trends, deltas, and actionable insights.Deep-dive on demand. Live connections to your underlying accounting software enable infinite exploration, with endless visualizations.Collaborate seamlessly. With one-click secure sharing, send and receive reports that invite exploration while keeping sensitive information safe.EXPERIENCE DIGITS REPORTS The Builder Behind the ScenesThe true power of Digits Reports lies in the editor. Behind the scenes, Digits Reports Builder is the pro-tool we’re giving to accountants and finance professionals, letting you create highly-visual, interactive reports in a fraction of the time.  Go ahead, tell the story you’ve always wanted.A picture’s worth a thousand words, and now you can paint a story your clients can comprehend, told the way you want it. Drag and drop charts, insights, and top performer graphs directly into a report. See an intelligent insight you like? Click and instantly add it to the executive summary. Don’t worry, Digits has already calculated and verified the math for you.   For the first time, you can generate dynamic documents your clients can explore, visually and intuitively, from a high level down to individual transaction details—all in one place. Digits Reports Builder works just as you’d expect, allowing you to create stunning reports from the moment you open it. Fine-tune your reports to match client goals and highlight insights that surface what they need to know. Adding charts and refining financials have never been this easy or beautiful. Just drag. Drop. Done.  TRY DIGITS REPORTS BUILDER TODAY So what’s next?Today, we’re launching Digits Reports for FREE. We want your feedback, feature requests, and complaints. (Seriously!) We plan to announce expanded features and pricing plans later this year. We founded Digits to empower accountants, financial professionals, and operators with the finance tools they deserve, and our team has poured their hearts and souls into the product.It’s been a huge honor designing and building Digits Reports in close partnership with dozens of accounting firms and small businesses. Here’s a behind the scenes look at how it works: TRY DIGITS REPORTS FOR FREE      Wayne Chang CO-FOUNDER @WAYNE Jeff Seibert CO-FOUNDER @JEFFSEIBERT

Related products:Digits ReportsDigits Reports Builder (Labs)

Digits Search: A finance tool so powerful, you'll think we stole it from the future

  Today’s finance software falls far short of what business leaders need—intelligent, powerful analysis and instant answers. No longer. We’re excited to introduce Digits Search, a brand new way to know and understand your business.Digits Search was born from the frustrations we experienced building and growing our first companies. But the discomfort went beyond just frustration—to pain and constant uncertainty. After speaking with hundreds of business owners, we realized we weren’t alone. For a growing business, nothing is more important than knowing the numbers.Before now, even with the best software and teams of accountants and analysts, entrepreneurs couldn’t get the answers they were looking for without sending out requests and twiddling their thumbs. They might be waiting hours or days until their books were updated, those reports were run, the figures exported, and finally shared. Just imagine if something came up over the weekend. Finance, meet search.For 99% of businesses out there, the flow of financial information is slow and fragmented. Needed receipts are strewn about like Legos on the living room floor—mountains of financial figures buried under emails, Slack threads, and random account statements. It’s time someone applied some order to the madness. We realized that the unassuming, familiar search bar could be the gateway to financial super-intelligence.   Digits Search changes the game.Imagine trying to find something on the Internet without a search bar… what a nightmare. Now, imagine getting instant intel on all of your company’s finances with just a few keystrokes, immediately saving you both time and money.Digits Search unlocks answers to all of your questions in one powerful, yet easy-to-use tool. And the best part is, you don’t have to ask anyone for help! Your finances are now right at your fingertips, instantly. The future of finance is instant and informed.Put Digits Search under your company’s hood in just a few clicks, and you’re in the driver’s seat. One-click suggestions draw your attention to what matters most, and anything you’re curious about is just a few keystrokes away. Digits sits on top of your existing accounting software and your existing accountant’s work. You change nothing.Digits gives you a living, learning, hyper-aware model of your business, and it never stops working. Digits gets smarter and more accurate with every new transaction or account change and automatically learns what drives your business forward.  Oceans of financial data? No problem.Once activated, Digits starts running machine-learning algorithms that absorb your transactions and perform millions of calculations to form a living model of your finances, working for you 24/7.Digits seamlessly blends historical data from QuickBooks with live, real-time transaction streams from your banks, corporate cards, and more, giving you a complete picture of your business.  Financial clarity is a beautiful thing.Gone are the days of dense spreadsheets and black & white reports. We’ve designed Digits Search from the ground up to make your company’s finances visually immersive, easy to understand, intuitive, even dare we say… beautiful?With just a click, instant search results give way to deep-dive insights and analysis, all performed automatically on your behalf. Vendors, customers, budget categories, and more dance at your fingertips, with plenty of helpful graphs and nary a pivot table in sight. Get Digits Search today, for free.The power to know how your company’s money flows, gets invested, and is spent is priceless… but today it’s free. We want every small-business owner and startup founder to experience the power of Digits Search, and you can get started today, for free, in just a few clicks. Digits Search integrates seamlessly with your existing accounting software and your existing finance workflows, with no configuration or manual data wrangling required. Advanced features and upgraded pricing plans are coming soon, but the core features of Digits Search will always be free.GET DIGITS SEARCH We’re just getting started.It’s simple. We wanted better financial tools to run our own company, but we wanted to build them for everyone.Our goal with Digits is to usher in a paradigm-shift in business finance, and we couldn’t be more honored to work with the incredible band of engineers, data scientists, product designers, and so many other talented folks that form the Digits team.They have poured their hearts and souls into this launch, and we have quite a bit more we’re cooking up behind the scenes. Search is where we start. Just wait ’til you see what’s next. We can’t wait to hear what you think,      Wayne Chang CO-FOUNDER @WAYNE Jeff Seibert CO-FOUNDER @JEFFSEIBERT

Related products:Digits Search

Digits - Summer Upgrade

Before diving in, we wanted to take a moment to wish you and your family well during these challenging times. This has certainly been an atypical Summer by any measure, and we hope you’ve stayed safe and healthy throughout. To whatever extent possible, we also hope you’ve had an opportunity to enjoy the (socially-distanced) great outdoors, whether on a bike ride, a mountain hike, or a campfire under the stars. Best wishes to you — Team DigitsIt’s been a busy summer at Digits, as we’ve been simultaneously laying the foundations for our next major launch as well as rolling out improvements to Digits based on customer feedback!While the business climate continues to be challenging, we’ve been working hard to further scale our Early Access program and get more companies off our waitlist. We believe that every business owner deserves to have the real-time visibility, and powerful, actionable intelligence they need to overcome the current market dynamics, and we’re racing as quickly as we can to build out these functionality. Power UsersThis month, we focused on a slew of power-user features: we added multi-dimensional sorting and filtering capabilities to our expense Categories breakdown, we added a new Vendors section that provides an unprecedented (fully automated) analysis of your spend by vendor, and we simplified our dashboard navigation to make it even easier to deep-dive into your company’s finances.  Closed BooksWe’ve also added support for closed periods, to let you see at-a-glance where your business’s financials are finalized, and where they may still be in flux. Whether you or your accountant prefers to set the closed date within your ledger (e.g. QuickBooks), or directly on Digits (just click the Settings icon), it’s seamless: all closed periods now display as locked in Digits, and your data is guaranteed to match your accounting software exactly. For current/unclosed periods, Digits applies its category classification and auto-reconciliation algorithms, so you have a real-time preview of what the month or quarter will look like, as it happens!  A Touch of Darkness Our design team has been burning the midnight oil all Summer long, and that might have given them some ideas 😉 The Digits login screen now has a fresh coat of (dark) paint, and we were so pleased by the look that we’ve brought it to all of our signup and onboarding screens as well. But the Best is Yet to Come…Much of our work from this Summer remains under wraps 🙂 We’re incredibly excited to share what’s behind the curtain once it’s ready. Stay tuned for our next major announcement this Fall! Full Summer UpgradeDigits CoreImplemented system-wide support for closed and open periods. Deployed automatic data validation for all closed periods. Optimized vendor identification algorithms. Preliminary architecture and support for manual data classification.Digits for ExpensesRefreshed Categories view, including sorting and filtering. New and improved Vendors view. Implemented transaction filters. Enhanced dashboard navigation. Improved frontend UI performance for large datasets. Refreshed login and onboarding screens.▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋extremely fast▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋first time in business finance ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋no more wondering ▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋data-rich ▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋answers ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋powerful ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋ ▋▋▋▋▋▋▋▋▋▋

Related products:Living Model

Digits - June Upgrade

As businesses around the country and around the globe continue to struggle during these unprecedented times, we’ve been working as quickly as possible to scale our technical infrastructure and our Early Access program to keep pace with demand and help those in need.At Digits, our mission is to provide the real-time visibility, and powerful, actionable intelligence, that business owners require to chart their course in this dynamic environment, and we feel the obligation to do as much as we can to help.This month, we’ve been focused on two major, parallel tracks: an intense effort to drive the scalability and accuracy of our core financial engine in order to accelerate how quickly we make it through our customer waitlist, and a return to green-field product development as we lay the groundwork for our next major launch, later this year.This month’s Upgrade is a BIG one. However, much is still under wraps, so stay tuned for more! June UpgradeDigits CoreAbility to enable or disable integration sub-accounts. Improved automatic validation of transaction reconciliation. Enhanced category classification with additional ledger data.  Automated regression detection for classification algorithms. Automated health indicators for ledger data synchronization. Major scalability improvements to our data processing pipelines. Major query performance improvements to support high transaction volume customers. Role-based permissioning and ACL implementation.▋▋▋▋ ▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋never been done before ▋▋▋ ▋▋▋ ▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋game changer▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋powerful▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋Patented ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋gorgeous ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋▋▋▋ ▋▋▋▋▋▋ 

Related products:Living Model

Digits - May Upgrade

After two years of heavy development, we’ve announced Digits for Expenses! We couldn’t be more humbled by the support and excitement we’ve seen from countless business owners and accountants across the country and around the globe, and we’re working tirelessly to get them into our Early Access program.Since our launch, we’ve also been solidifying Digits’ underlying financial engine. Businesses come in all shapes and sizes, so we need to be absolutely certain that Digits supports them all.This month, our biggest upgrades focused on new technology to help ensure that our understanding and your understanding of your business’ financials are the same. Automated P&L and Balance Sheet ValidationData quality is at the heart of our mission to provide real-time visibility and actionable insights into how your business is spending money, and we’re constantly iterating on approaches to guarantee both precision and accuracy, while keeping your data private and secure.Over the past month, we’ve built fully-automated validation using two of the three most common financial reports. Here’s how it works:We first generate a full Profit & Loss Statement and a Balance Sheet report using Digits’ internal, proprietary representation of your company’s financials. We then export the same P&L and Balance Sheet from your ledger’s API, for each month of your company’s history. Our validation pipeline then automatically compares them—line by line—guaranteeing that Digits’ representation of your data is accurate and that you can trust the numbers we display. Automated Regression DetectionWhile validation is critical for all historical data, it’s meaningless for real-time transactions that have not yet hit your ledger. That’s where Digits’ online classification engine comes in.We are constantly iterating and improving our algorithms to give you even better real-time insights into spend (with correct categorization and vendor identification), and it’s critical that those improvements don’t unintentionally regress other data points.Over the past month, we’ve architected and implemented an automated classification regression monitor, which continuously watches a large and growing set of known-correct transactions from our sample data, and then automatically alerts on any unexpected changes.This is just the start, and we continue to invest heavily in data validation, and data quality assurance.There’s lots more we’ve been working on, though… May UpgradeDigits for ExpensesImproved time-series navigation with “Jump to today” feature. Improved support for yearly period views. Stabilized transaction deep-link URLs. Polished commenting UX. Enhanced activity feed with additional event types. New UI for identifying unknown/novel transactions.Digits CoreAutomated P&L and Balance Sheet validation. Automated regression detection. Improved anomalous transaction detection. Improved vendor identification for journal entry line items. Productionized automatic vendor deduplication. Implemented depreciation and amortization exclusions for expense analysis. Improved auto-reconciliation of source transactions across larger time windows. Productionized new recurrence detection algorithm.IntegrationsImproved status monitoring of 3rd-party data providers. Tuned importer pipeline for performance and scale. Deployed API upgrades to improve imported data consistency. Improved handling of popular expense management software transactions. 

Related products:Living ModelPlatform & Integrations