+166% Community growth, +5 events, and +2 new tools

Our CommunityOur team has been real busy since our last Community update! We launched Digits Boost at BKX and Scaling New Heights where we also met thousands of you, gave not one, but two keynote presentations! And then we all got wild together at our signature afterparty where we even had a dance-off with a giant green robot! Digits is something I had floating in my head, buried in a pile of“wouldn’t it be nice if….” ideas hoping it would materialize somewhere.Thank you to all the Digits crew for making my dreams come true!”Dana Zincir, My Balanced Bookkeeper ”It’s no doubt that this technology is revolutionary and world-changing! 🔥‼️”Joel Sapp, GBooksEvents & Conferences At Digits, part of what we believe in our community is building in public, together. This drives transparency and trust so you can see what we’re working on, and more importantly, gives you the ability to directly impact a major product for your industry!At BKX 2022 our co-founders Wayne and Jeff to launched Digits Boost, an automated ledger quality control tool perfect for bookkeeping. We also gave exclusive access via Digits Labs to the BKX attendees.   I’m so PSYCHED for this!!! I wanted to rush the stage when you presented!!Katrina Watkins, Empowered to Profit Our presence on the conference floor was brought to life through an LED-wall showcasing Digits Boost and our Living Model technology. Connecting with our Community members was a highlight for the team and we were overwhelmed by the turnout and with the desire to chat with us and learn how Digits can power your business. Thank you to everyone who stopped by! When I was at BKX this past June - this SPOKE to me!”Jilly Bortz, Bortz BookkeepingIn true Digits fashion, we threw an epic bash to let out some steam! Taking over the 3NINE nightclub, we created an exclusive, magic filled night in Orlando. Of course the best of the best deserve VIP treatment. Digits Advisory Board members gain premier access, speciality cocktails, and a VIP lounge to mingle and enjoy the night. This is just a sip of what’s to come! And we’re just getting started. Sign up on our Community site to learn how you can attend our next events! ​ Did you think we would stop at BKX 2022? We’ve signed on and already planning new surprises and delights at BKX 2023! As the conference’s premiere and only Diamond Sponsor, we’re deepening our commitment to the bookkeeper community. We are here for the long run and we’re just getting started. Dallas, get ready for Digits! We kept the huge wave of energy from BKX rolling, and partnered with Woodard to sponsor Scaling New Heights! We gave a keynote presentation about our Digits technology and how automation can power the bookkeeping industry.At Scaling New Heights we had an even larger presence in the event hall. It was a pleasure to introduce Digits to some of you and dive deeper into advanced use cases for experienced Digits customers.   Thank you to all Digits Advisory Board and Community members who came out BKX 2022 and Scaling New Heights attendance. We can’t wait to do it again!Women Who CountAs we continue to support the organizations that matter to our Community members, we’re excited to announce our partnership with the Accounting & Financial Women’s Alliance. As a result we’ll be the title sponsor for the Women Who Count in Chicago later this year. We’re excited to meet everyone and bring some Digits flare to the Windy City.Going to a conference? Want Digits There?Where else should we come to see you in person? Share your most important events to be at in the comments! Recent highlights:   ​   June 9, 2022Wayne published in International Accounting Bulletin “What Needs to happen from a tech standpoint to advance digital tools accountants use”    ​   June 8, 2022Wayne shares the growth of Digits and the company’s plans for the next few years. ​​ ​​​   June 7, 2022Wayne published in International Accounting Bulletin “Banking AI: Prepare Your Business For A Recession.“ Recent Podcasts ​​ July 5, 2022 Digits co-founder, Wayne Chang discusses entrepreneurialism, his journey to create, the company’s Series-C, Digits Reports, and surprise upcoming announcements.   June  27, 2022 Our co-founder, Jeff Seibert discusses the origins and journey of building Digits, expansion after raising a Series C, being a fully remote team, culture, and what the future of Digits holds.  Digits Advisory ToolsOur Digits team released two new tools to make you the ultimate advisor: Digits Sales and Digits BurnIf you’re a part of our Labs group, request access right away! If you want to join the Labs group, sign up here. “Digits Burn and Digits Sales are AWESOME.”Christopher Roth, 10 Key Bookkeeping Digits Reports BuilderReporting Templates:Less than a month after it was initially requested, the team launched Reporting Templates. Each client is unique and often has specific tweaks or views that they want to see. Stop wasting time making those new each time and use a previous report to generate your next one. From Reports Builder: Click on “Copy Previous Report...”  Select the report you wish to copy and click “Generate” We’ll copy the format from the previous report with updated data from the new time period. All you have to do is update the executive summary and send it over to your client! It’s that easy.  Community GrowthSince our last update, the Digits Community has increased by 166%. 52 New Ideas, 242 Votes, and 19 Ideas Delivered. We are actively working on many of the 44 newly proposed ideas and can’t wait to see what other ideas you have! As always, share them and upvote ideas here.  A big thank you to all of our Digits Advisory Board and Community members for joining us at BKX and Scaling New Heights:@Jswanner,  @Bdavis,  @Hayes,  @LMadeira,  @Billieatchison,  @VicMadeira,  @Rocco,  @Melissa10,  @barb.bovard,  @Jkimelman,  @JonConklin,  @Raissaherrera,  @Probean08,  @Ddanna62,  @cstadnyk,  @Lorianne60,  @Raj,  @Wolfmancpa,  @Pmory,  @Bsmith8797,  @DWGrove,  @Kimberlyow,  @mmaybaum911,  @Robertrjackson93,  @Dvarnum,  @Mlajones,  @Dperez,  @Hluquette,  @vhenry62,  @Bathjhudson,  @AmandaWilsom,  @LindasaltZ,  @Vagiampietro,  @sarahtatum,  @Julie,  @Jodimecham,  @Sarabwolfe,  @jdieztr,  @MeganBronson,  @Bearle504,  @David Encarnacion,  @Lori Coleman,  @Klbuley,  @Craig dahl,  @YassoBooks,  @Rachel.hardy,  @ArielOwens,  @EdJaworski,  @Mball,  @Lcarloscpa,  @trobinson,  @Kdeguzman,  @Bamosley,  @joseph.carlson,  @Hrosencpa,  @haslou0516,  @Aanders,  @selia500,  @questian,  @Jrghatcher,  @Jvwallace,  @calebljenkins,  @leoinsided,  @arichar,  @Coral916,  @sbryant,  @gascharf,  @GayleThrive,  @Bpeterson,  @CheyConsults,  @Samantha1027,  @Alida,  @Brendawilson,  @KerryWhitmire,  @LegalThrive,  @Charles Meade,  @mmeade01,  @Taxsaver,  @gvictorero12,  @Amyzing,  @rtleblanccpa,  @Rob_test_1,  @mmwcpawi,  @AngelPrzy,  @Larisalopez,  @McCormick_Partners,  @LoriSwartz,  @Joelsmd,  @Kboes,  @Conniedolan,  @Delayne,  @Bettycpa,  @Cthorn,  @RebekkahH,  @Jsiegel64,  @Jackmease,  @janalovejoy,  @mjohnson,  @Jenpho20,  @garysueh,  @Jessica_Blake,  @Shuniyaa,  @NancysBL,  @Craig Lohman,  @EPCBooks,  @Ccoyle78@KetAtPFS,  @Mjacksonaccounting,  @Charlotte,  @lauren.alvarez1,  @Katiebee980,  @Drayvn,  @Nparis,  @afrith,  @Vmv2430,  @KRedd,  @Tammy,  @moosecreekbk,  @ahillisparker,  @kayle.ersek,  @Karenbcb,  @Elcorese,  @Enumerista,  @daskocina,  @Lmweaver0811,  @davidburden21,  @erinleigh19,  @jbwinland,  @geinicorona,  @Cheryl,  @gphuoc211,  @Nu-idee,  @Pachira,  @cweaver,  @Takisha,  @Simplyvirtualbookkeeping,  @Espelera,  @ProAct1001,  @jwakefield,  @Livia1020,  @Devon.Nestor,  @Beccabookkeeper,  @Wendihassen,  @VEllington,  @jkdefeo,  @Vkhess1983,  @jckellman,  @ValerieArmstrong,  @kpastorick,  @JGROSS210,  @sbrooke0503,  @M de V,  @CasandraBKX2022,  @Amber,  @huntera7,  @AndyP,  @AnitaMir,  @FredForever16,  @Kellyreal,  @Purvi Shah,  @DEsparza,  @AMader,  @trinityscott,  @CLOVAN,  @Fouroaksbk,  @TheresaEllison,  @marybright1,  @thefrills,  @jenwhiskeyman,  @Kmaynes,  @CreativeDigitalBk,  @rdavis,  @Kailie.Fogarty,  @dlnova,  @kayla.crowley,  @Katie,  @NPBmhiggins,  @gtobias,  @Jenniallen,  @Katlynbookkeeper,  @pbooks,  @RedTexBU,  @Mymbooks,  @G Spencer,  @jessCm,  @ValerieJohnston,  @NicoleD,  @CoryMBB,  @Zealbookkeeping,  @MandiEden,  @fojikutu,  @Darzam,  @MeganWhitney,  @Jessi,  @Kjersti22,  @Sandy S,  @izzywork6,  @stlbookkeeping,  @MessyBun13,  @AHRNicole,  @ConnieJoGa,  @Michelle,  @toddclaritybkpg,  @michellemcc,  @montanyaa,  @carryw,  @oLB2isKtXlLDhSoWDJJk,  @Tricia41477,  @threearrows,  @Ksterling,  @BookkeepingBuds,  @William Dvoranchik,  @JennyR,  @Slontine,  @OliveBranchBookkeeping,  @ellenflowers,  @Kadiann,  @JocelynSM,  @Talitha,  @amcnary,  @HarmonizedNumbers,  @RachelMB,  @ladyblue33,  @Highlightprobooks,  @DavidHomeTime,  @Ricardo,  @Hollypenney,  @melodiemacneil,  @Kyla,  @Knecht,  @cgpeterson,  @krobinson,  @alyssatruelove,  @hlsbookkeeper,  @Danece.frosthoskins@MeredithDye85,  @BobDye77,  @MachniakBK,  @Kim,  @Bkrebecca22,  @Vaniag,  @crina23,  @zach.discoverybks,  @Celeste,  @Jodie,  @Brooke0707,  @Don Holson,  @Brandy,  @BlackDogFinancial,  @onherownterms71,  @Leanne,  @SusanB,  @LisaG,  @burgbookkeeping,  @10KeyBookkeeping,  @SashaRose,  @BrendaG,  @Anna Haley Liu,  @KellyG,  @SeeSureNumbers,  @rysaunt,  @EllenR,  @Mammenga,  @cyanamccain,  @HcrabtreeOBK,  @wellsvb,  @humbletom,  @Sorchae,  @Jenna,  @Lesli,  @kirstinreeder,  @Legalease,  @PlumbBooks,  @Steve Lay,  @HMPureOffice,  @anne5972,  @Tanya,  @kbruns,  @Vicki L Gotha,  @Dreamweaver0828,  @ddmcelroy28,  @lviola,  @Bookkeeping_cmp,  @jolene_fleming,  @Valerie Estle,  @Ericahughes,  @Castleamoral,  @AngelTacticalBookkeeping,  @NuageFin,  @Ben Day,  @tajbcb,  @baileybbs,  @eileenwoods,  @DZMBB,  @digitslsb,  @Baybkservices,  @Katrina Watkins,  @AKolacz21,  @LorettaB,  @BAS2022,  @Rachel,  @BookkeepingTowne,  @Erika,  @Mcressy,  @tbekristi,  @estelsys,  @feathercreek,  @latitudebks,  @sparklebookkeeping,  @mstellmach,  @Bookkeeping Compass,  @Fitfin,  @Wyosmallbiz,  @momjennypenny,  @tggpro,  @gbooks116,  @Aidela,  @Laurie,  @AnaSoto,  @korinahuddleston,  @Sharonallender,  @fidb,  @aksarban123,  @focalpointbk,  @Heritagebookkeeping,  @truscitti,  @Randy,  @Nanchlh1021,  @Heather,  @Scharnhorstm,  @jlancecpa,  @contractorskeeperllc,  @mslone01,  @mrhodescpa,  @jenshrewsberry,  @lvosorio,  @ConnerSchryver,  @Extroverted bookkeeper,  @stonetablet,  @CMaddox,  @rynaecalder,  @Crystalmarie1513,  @medranoandcail,  @TylerOtto,  @Joditee,  @JAM,  @david,  @shannonp,  @TraciS,  @Liveoakbk,  @Shelly 

Related products:Community

Digits Advisory Tools: Now in Labs

I’m excited to share a set of new tools we’ve been building: Digits Advisory Tools!Digits Advisory ToolsDigits Burn and Digits Sales, the first two tools in our Advisory Tools, kicks off our goal with these tools to make you the ultimate advisor.Wow and dazzle your clients with incredible visibility and insight -- at a moment’s notice.Built on top of our powerful Living Model, our team took a massive leap forward using machine learning and AI to give you the power of an entire team of analysts. Individually - for every single one of your clients!No setup required. Just click on the icons on your dashboard and it’ll just work, fully preconfigured for each of your clients.Incredible advantageNow you won’t need to spend hours pouring over financials to do analysis to find the perfect nuggets for your client. Let your competitors do that time consuming work. Meanwhile, you and your team will be deep diving into clients with speed and ease to drive real value to your clients. Now, a bit more about these groundbreaking advisory tools:   Digits Burn Burn helps drive efficiency and time savings by unlocking the power to deep dive into the financials of a company. It’s not just a peek, but an open window into your clients spend. In real-time.Understand the story of your clients business. All in one place.Running a variance analysis is a thing of the past. From the top line chart of accounts, down to the transaction level details, Burn does the work for you, highlighting the largest changes in a business. Immediately.Want to dive deeper? We’ve built other features to help your advisory work for each individual client: Vendor Analysis. Automated. No more downloading Vendor lists manually only to then run an analysis in a spreadsheet. Understand the top contributors to each area. Instantly. Need a prepaid schedule? Stop hoping the client will remember all their recurring spend. Digits will flag it all for you. Instantly. The hassle of knowing top vendors for a 1099 is a thing of the past. Burn saves you from stressful vendor analysis. Pull the list instantly. Category Analysis. Automated. Understanding the largest contributors to spend over time has never been easier with category deep dives. Cut the waste. Expense Transaction Feed. Burn has transaction lists so bank reconciliations can be done in a snap. Never be afraid of what’s missing.   Digits SalesSales helps drive efficiency and time savings by unlocking the power to deep dive into the financials of a company. Get a full understanding of your clients customers and revenue. In real-time.Know what customers are driving the most impact. In one place.Know which customers are impacting your sales in seconds. With top growth/decline lists, Sales brings the information straight to you.Just how an almanac pulls out the highlights for every year and month through history, do the same with Digits Sales insights. Need to give revenue guidance to your client? Know the answer in seconds.Want to dive deeper? We’ve built other features to help your advisory work for each individual client: Automated Customer Analysis Stop diving through CRM systems, downloading data, and mixing it with your ledger data to see what accounts are driving revenue. Pull a list of top customers in seconds with rich growth/variance attached. No more manual calculation and downloading data to mix and clean it on your own.   Revenue Category Analysis. Instantly understand churn through category analysis in Digits Sales. Never guess what your growth was against refunds and returns again. Optimize your clients sales. Know who asked for refunds so that your client can reach out and optimize their sales. Revenue Transaction Feed. See what customers are paying you on time so you have full clarity on when your clients are being paid and when they can put that income to action.   Getting access to Digits Advisory Tools(Labs-access required - request access here)   Setting up Digits Advisory Tools No setup required. Seriously. (It automatically did it - already saving you time! Launching Digits Advisory Tools Once Digits Burn and Digits Sales are unlocked, just click their icons in your springboard to start. That’s it. It’ll just work.  We hope you enjoy Digits Advisory Tools (request access below to unlock). Please let us know below feedback and thoughts - we will roll that into the next release.-Andrew   

Related products:Digits Advisory Tools (Labs)

June brought 22 massive upgrades!

In May we moved even faster. Our Product & Engineering teams released two new, groundbreaking tools into Labs: Digits Boost (Save time. Automate your work.) and Digits Reports Builder (Just Drag. Drop. Done.)!Our community is vibrant with lots of issues, annoyances, and pain points that we are building tools for. We launched Product Ideas board so you can submit, upvote, and follow along on community suggestions. We move quick, so you can also watch as things go from idea to full on feature that our team builds and ships into the tools. Upgrade HighlightsOur tools continue to improve and we’re proud to highlight just a few of the dozens of improvements that’s shipped in the last month.  Bulk Editing + QBO Push = 🚀 We are so thrilled to hear customer testimonials about how Digits Boost has improved their workflows and made the ability to do their work even faster. We heard our customers feedback and are thrilled to announce two joint features — bulk editing and push to Quickbooks, making Digits Boost even faster. Save time. Automate your work. Reports Builder + Digits Search Why spend time in spreadsheets creating charts and graphs, then figuring out what to show? Our groundbreaking Reports Builder just got even better. Now with Digits Search integrated, you can search for what you want and it’ll show up, already beautifully laid out for you. No tedious analysis. Just Drag. Drop. Done. Digits Reports + Read-Receipts One of the most requested features from our Community: the ability to know if your client has opened your report (and enjoying Hover to Discover!). Introducing Digits Reports Read-Receipts! Your Brand, Your Digits We heard you loud and clear. You work hard on your brand. Flaunt it by adding your logo directly into Digits. Now fully supported.   Full Change Log  Digits Boost Digits Boost: Now available in Labs Users with Labs access can now request Boost.Request Labs access Feature: Users can standardize their vendor naming based on Digits’ Vendor Database Digits Boost alerts users if the vendor name differs from industry standards Feature: Category Suggestions and Outlier Detection Digits Boost alerts users if category assignments differ from historical patterns Feature: Detect Sensitive Information in Transactions with Digits Boost Users are safeguarded by Boost’s PII checks Feature: Launched the ability to push to Quickbooks Users can now write their Boost edits straight back to QBO Feature: Added support for bulk editing Users can now take action on multiple Boost suggestions at once Digits Reports + Digits Reports Builder Digits Report Builder: Now available in Labs Users with Labs access can now request Digits Reports Builder.Request Labs access Feature: Digits Search, now integrated into Report Builder Users can now search for any Vendor, Customer or Category in the Reports Builder sidebar Feature: Insights for Quarterly Reports Added Users now have quarterly insights added Feature: Auto-save layout Report layouts made in Report Builder now save automatically Feature: Read-receipt for Digits Reports Receive a notification if your client has viewed a report Feature: Ability for accountants to self-share a report Users can now share reports to yourself through a dedicated experience User Experience Enhancements Report Author + Edit report button added to the reports browser Updated 'Share' and 'Comment' buttons Share button sparkle animation on hover Hover over for preview button Top banner for preview mode Accountant Portal User Experience Enhancements Accountants portal design upgrade Digits Boost added to dashboard Users will now see the Digits Boost Icon in their dashboard Living Model Feature: Detect Similar Transactions Users can now benefit from state of the art machine learning models to detect similar transactions using latest natural language processing technologies coming out of research labs at Google Brain, and OpenAI. Feature: Continuous updates to the Living Model Users experience continuously improving performance by the Living Model Feature: Explanation of Decision by the Living Model Users can learn why our machine learning models made certain suggestions

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

Digits joins the Financial Data Exchange (FDX) to strengthen secure data access

At Digits, we have been strong and ongoing proponents of modern, secure connections between financial institutions. As part of our mission to build the finance tools of tomorrow, we believe in the need for common, open, interoperable standards for businesses to seamlessly transmit financial data. Today, we’re excited to share that Digits has joined the Financial Data Exchange (FDX) as a full member of its consortium.Enhancing the Security of Financial StandardsFor many years, the lack of a secure communication standard between financial institutions has led to one-off data sharing arrangements, proprietary, incompatible APIs, and a veritable cottage-industry of “screen scraping” approaches — which have significant downsides in implementation cost, reliability, and of course data security. This has led to the formation of FDX, the leading nonprofit consortium that’s unifying the North American financial sector around a single, secure communication standard.Drawing from our own rigorous security practices, we are excited to collaborate with other FDX members and share our techniques and learnings to drive further innovation in the industry.A more reliable experience for the Digits CommunityBy contributing to and supporting secure communication standards, we also help guarantee the security and performance of our data integrations on behalf of our customers, including:        ​ More soon..We’re looking forward to helping shape the next generation of transaction and authorization APIs that financial institutions use to securely interoperate. In parallel, we’re heads down gearing up for our next major launches. We can’t wait to share what’s behind the curtain when it’s time — stay tuned!

Related products:Platform & Integrations

digits.community update - 05.22 (+4,185 hours saved, +2 tools in Labs, +55 pieces of press, +5 community events)

We’re on a massive mission to build the next generation of finance tools. We’ve recently announced our $65 million Series C round led by Softbank towards achieving our mission. Our CommunityAt the center of everything we do here at Digits is the community. We’ve worked with hundreds of firms to build the tools that solve the biggest pain points still plaguing them today, and we’re going to be rolling them out in Labs first.Since the launch of our latest tools, Digits Reports and Digits Reports Builder, the community has strapped on the Digits rocket booster and saved over 4,185 hours of time (~174 days) preparing, reviewing, and sending reports. Digits Boost has helped accountants and bookkeepers make clients' ledgers become even more accurate and consistent by correcting vendors and category mismatches.  Digits BoostSave time. Automate your work.Built on top of our powerful Living Model, our engineers took a huge leap forward using machine learning and AI to ensure that your clients books are as accurate as possible. “Digits Boost brings consistency to all transactions as we can not only change specific contact names but we can apply these updates across ALL payments”Jackie Anthony, AllCentsDigits Reports BuilderDrag. Drop. Done.Our mission with Digits Reports Builder is to save you time building the best reports for you and your clients. Why start with a blank sheet when Digits Reports Builder can help pre-populate for the report -- with real-data and analysis -- for you. Cut the time it takes to build reports from hours to minutes.“I love it... I love the awesome reports you have created!”Judah Kosky, Fireside BookkeepingWe want to continue to build these products alongside our entire community. Keep helping us shape the future together! To give feedback or send us over an idea, check out our ideas board. Upvote or provide new suggestions or requests – many improvements are shipped the same week that they’re requested!   In the NewsIn addition to building new products, Wayne and Jeff, co-founders of Digits, have been sharing the lessons we’re learning from you, the Digits community, with the broader world. With all of your support and feedback, we’ve created new tools that have made a drastic effect on the industry.  “As a co-founder and CFO, I think Digits will be a game changer!”Ryan Chen, Neuro GumRecent highlights:     May 12, 2022Digits was highlighted as one of the “10 Apps to Use Now to Make Taxes Easier Next Year”   ​​​ May 4, 2022Wayne published in Bloomberg Tax -- “Four Ways Automation Could Help Accountants Multiply Their Output” ​​ ​​​   March 24, 2022“Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools”   ​​​ Feb 10, 2022Wayne published in Accounting Today -- “Burnout Busting Strategies for the Busy Season”  ​​​   May 10, 2022 Wayne discussed the critical challenges facing bookkeepers and accountants.  April 26, 2022 Blake sits down with Wayne Chang, founder and CEO of Digits, to learn why investors gave Digits $65 million at a $565 million valuation    Events & ConferencesWe’ve also been busy getting out and celebrating with our amazing community!We know how hard it is to work with the tools of yesterday, so we’ve been busy creating in-person experiences to bring the tools of tomorrow to you.We had a great time seeing people, noshing on snacks, and connecting in person, safely.  Recent   UpcomingWe asked you what are the most important events for you and your colleagues. Based on what you said, here’s where we will be next! Can’t wait to see you there!    Wednesday, June 15th BKX: In June, we will be hosting a launch party at BKX. Come to meet the Digits team, network with others who are invested in cutting-edge technology and tools……stay for the endless bar, gourmet bites, and a little bit of magic. RSVP   Thursday, June 16th Digits House Orlando: Join us at our Digits House Orlando and get access to the Digits team while enjoying some Florida sunshine. RSVP   Sunday, June 19th SNH: Will you be at Scaling New Heights? Come stop by and grab a coffee and say hello! We can’t wait to meet you in person. We’ve also partnered with Scaling New Heights to bring you some incredible surprises..   Recent Press U.S. News & World Report, “10 Apps to Use Now to Make Taxes Easier Next Year” May 12, 2022 Bloomberg Tax, “Four Ways Automation Could Help Accountants Multiply Their Output” May 4, 2022 BitcoinEthereumNews.com, “SoftBank Leads $65 Million Funding Round of Digits” March 29, 2022 Finance Magnates, “SoftBank Leads $65 Million Funding Round of Digits” March 28, 2022 Fintech Brain Food, “Digits raised at a $565m valuation to help companies with spend and payments.” March 27, 2022 San Francisco Business Journal, “San Francisco-based Digits announced the close of its $65 million Series C funding round led by SoftBank” March 25, 2022 Silicon Valley Business Journal, “SoftBank Leads $65 Million Funding Round of Digits” March 25, 2022 FinSMEs, “Digits Raises $65M in Series C Funding” March 25, 2022 BuiltIn - San Francisco “Digits Nabs $565M Valuation Following $65M Series C” March 25, 2022 Pitchbook “SoftBank leads $65M round for Digits” March 25, 2022 SaaS Industry “Digit raises $65 million in Series C funding; introduces Digits Reports” March 25, 2022 SiliconAngle "Digits raises $65M to bring live financial reporting to smaller businesses”  March 25, 2022 Crunchbase Daily “Fintech Finance — Digits Launches Digits Reports; Announces $65M Series C Led by SoftBank” March 25, 2022 FinSMEs “Digits, a San Francisco, CA-based real-time finance and accounting platform for small businesses, closed its $65m Series C funding” March 25, 2022  StrictlyVC  “Digits, a four-year-old raised $65 million in Series C funding led by SoftBank, with participation from 20VC Growth, GV, and Benchmark.” March 25, 2022 Pitchbook “SoftBank leads $65M round for Digits” March 25, 2022 Wall Street Journal VC Pro “Digits, closed a $65 million Series C round, valuing the company at $565 million.” March 25, 2022 Accounting Today “Digit raises $65 million in Series C funding; introduces Digits Reports” March 24, 2022 Business Traverse “Digits posts $65 million on a $565 million valuation to provide a more dynamic, automated approach to legacy accounting tools” March 24, 2022 Law360 “Accounting Fintech Digits Hits $565M Valuation Via Series C“ March 24, 2022 Venture Capital Journal “Digits nabs $65m Series C” March 24, 2022 Crowdfund Insider “Digits Attracts $65M Series C to Power Real-Time Finance and Accounting Platform” March 24, 2022 StartUp Around “Digits Raises $65M Series C Financing Round” March 24, 2022 VC News Daily “Digits Raises $65M Series C Financing Round” March 24, 2022 Fintech & Finance News “Digits Launches Digits Reports; Announces $65M Series C Led by SoftBank” March 24, 2022 The Economic Times “Digits raises $65 million in Series C funding at a valuation of $565 million” March 24, 2022 VentureBeat “Digits aims to disrupt fintech with real-time analytics” March 24, 2022 Fintech Collective  “Digits raises $65m in Series C funding“ March 24, 2022 LendIt Fintech News  “Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools” March 24, 2022 TrendFool “Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools“ March 24, 2022 Adviser “Digits books $65M on a $565M valuation to carry a extra dynamic, automated method to legacy accounting instruments” March 24, 2022 BGNock “Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools” March 24, 2022 Techno Hoop  “Digits guides $65M on a $565M valuation to carry a much more dynamic, automatic strategy to legacy accounting equipment” March 24, 2022 NewsNetDaily “Digits sets aside $65M on $565M valuation to bring a more dynamic, automated approach to legacy accounting tools” March 24, 2022 Yahoo! “Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools“ March 24, 2022 iTechNews  “Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools” March 24, 2022 TechCrunch “Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools” March 24, 2022 Axios “SMB accounting platform Digits raises $65M led by SoftBank” March 24, 2022 Inside Venture Capital San Francisco-based Digits secured $65M in Series C financing” March 24, 2022 VC News Daily “Digits Raises $65M Series C Financing Round“ March 24, 2022 Axios Pro Rata “Digits raises $65m in Series C funding“ March 24, 2022 Fortune Term Sheet “Digits Raises $65M Series C Financing Round“ March 24, 2022 Tech Crunch - The Daily Crunch “Digits raises at half a billion” March 24, 2022 Diginomica “The Great Resignation and how to avoid it - two tech firms offer up their tips on staff retention” March 17, 2022 Accounting Today “Burnout-busting strategies for busy season” February 10, 2022 Built In “The Key to a Successful Negotiation? Know Your BATNA.” January 31, 2022 Insightful Accountant “Technologically Speaking: Automation’s Role in Accounting“ January 12, 2022  Recent Podcasts Bank On it - May 10, 2022 Wayne discussed a wide array of topics, ranging from the company background to industry challenges.  Cloud Accounting Podcast - April 26,2022 Wayne discussed Digits and the company’s mission for accountants.  Could Accounting Podcast - April 22, 2022 Digits was brought up in conversation via the fan mail portion of the episode. Fintech One On One - March 25, 2022 Wayne discussed his entrepreneurial journey, his work with Digits, how they got to where they are today and advice for aspiring entrepreneurs. The VentureFizz Podcast - February 22, 2022 Wayne discussed his entrepreneurial journey, Digits, how Jeff and Wayne got to where they are today and advice for aspiring entrepreneurs. The Top Podcast - February 10, 2022 Jeff discussed his history with Crashlytics, the background on Digits and the solutions the company has to offer, how the SaaS-based company is empowering the next generation of businesses with real-time services; and why business owners tend to forget a number of financial aspects of their business. ABC Radio - The Tech Zone - February 2, 2022 Wayne and Jeff jointedly joined this podcast. Fintech Today - January 3, 2022 Jeff discusses his time at Crashlytics, what led him to co-found Digits with Wayne and the current state of the fintech industry for SMBs.     

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[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

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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