KPMG Spark

KPMG Spark

Online bookkeeping specifically aimed at small businesses

4.5/5 (102 reviews)

KPMG Spark Overview

KPMG Spark is an online bookkeeping service that has been designed specifically to address the demands of small businesses.

KPMG Spark provides real-time bank feed and reconciliation, allowing users to keep up with the books directly from the Web. KPMG Spark offers users access to live bank data, transaction details, and tax information. KPMG Spark connects with all types of financial accounts, including credit card accounts. The software also features intuitive search and customizable reporting functionality. Users can send invoices and process payments within the KPMG Spark interface. Users of KPMG Spark can readily collaborate with others inside their organization as well as the KPMG Spark accounting team.

KPMG Spark features 256-bit encryption and secure storage, allowing users to rest assured that customer data is safe.

Pricing

Starting from
US$195,00/month
Pricing options
Free Trial
Subscription
Value for money

Devices

Business size

S
M
L

Markets

United States

Supported Languages

English

KPMG Spark Reviews

Overall rating
4.5/5
91% positive reviews
75
Excellent
18
Very good
2
Average
2
Poor
5
Terrible
Danielle P.

Alas...I've been saved!!!!`

Used Daily for 6-12 months
Reviewed on 2017/03/02
Review Source: Capterra

As a restaurant owner, I have no time (literally if i want to sleep!) to input all my sales/spending info so at the end of the month I can see where all my money went! This company syncs up to your bank account, gets your sales data and inputs everything so that I can see in one shot where my money is actually going and where I could use some help! Everyone that works over there has been so patient and helpful...I feel like God has finally answered my prayers! It's so easy and I mean we text back and forth!!! I don't have to answer phone calls and sit on phone sessions for hours to figure anything out..and if they have questions I answer them when I can!! I don't have to play phone tag to get my accountant on the phone! It's all done online. I do wish that they had a phone app (but they have assured me they are working on one!) This company has saved me and my tax accountant is so thankful for them!! They also do taxes but opted out of that for my business! In one sign in I can see what my business is worth and my net income. I use to do all this on my own but literally just have excel spreadsheets with data...and that's it nothing really to go on much other than totals for the week or the month! It wasn't telling me anything, I felt just more of wasting my time! This company uses everything; my spending, my income...categorizes it and then helps me see where I am spending too much and how it's affecting my overall net worth! I recommend this to everyone and anyone looking to streamline their business!

Pros

It's so easy to use and I love that we text back and forth!

Cons

I think it's more personal, but I do wish they would send me a text or an email when they ask me questions...otherwise I guess I need to just get into the habit of checking it more habitually!

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Joanne L.

Not for everyone. Software and Support are excellent, but not geared to my business needs.

Used Weekly for 6-12 months
Reviewed on 2018/06/21
Review Source: Capterra

First, it's not only software, there is a person at the company that is assigned to you and knowledgable about your account.
It helped me to get on top of my finances and get them organized. However, it's more for business and does not meet my needs. I switched to managing budgets and transactions at YNAB.

Pros

What I liked most was that I had a dedicated bookkeeper that I could work with, who was available and accessible. The software and communications process was easy. I didn't wast time trying to track anyone down. Response times are great. Everyone was easy to talk to and to work with. Polite, helpful, and responsive.

Cons

My "business" is low transaction with over fewer than 10 bank accounts. One account is a business account, the others (linked) are personal accounts. The issues I ran into are:

1) I needed reports by each of the accounts, that was not easily generated by bookly, my dedicated person had to do it manually. It was wonderful that they did, but it wasn't always correct (because it needed a lot of info from me) and so the reports weren't as useful as I had hoped.

2) Unforeseen problems: The "view only" access to my (personal) bank accounts triggered major problems. That second username triggered all my lined accounts to be unlinked and auto-payments stopped. I was NOT notified by the bank! My mortgage was late and I have to live with remove the late mark on my credit report.

3)Taxes: I wanted to submit them on time had my information to Bookly well in advance of April 15. They were not done on time, and they only have paper submissions now, so I had to print and mail all the forms. Furthermore, because they are submitted on paper, it takes several more weeks to have them processed by the IRS (and probably the states too).

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

5.0/10
Lisa K.

I travel for a living and Bookly has made running my business bookeeping accounting easier.

Used Weekly for 2+ years
Reviewed on 2018/01/23
Review Source: Capterra

Switching over to Bookly allowed me to gain more control over the creative part of my business because I don't have to work hard at the books or put it off until later. My accounts are integrated to upload automatically. I answer the questions bookkeepers have for me. I just review the work. It's like having a person in the office doing the work without having to hire someone. You might think just having software is like that but it isn't. You still have to find the software, keep track of the updates, if you are smart after to upload the work you will have someone review what you have entered. With Bookly, I don't have to do all of that. I never have to buy software. I just log in and see what view the books, answer questions , ask questions, run reports, etc. It's wonderful for me as I have a lot to do running a business. Anyone looking to save time should look into using Bookly. It's isn't just software. It's a group of people that want you to have the best accounting experience possible.

Pros

I am a longtime Mac user. Quickbooks integration has been troublesome and lacking updates or options. Bookly software is a non-issue. I can get the reports I need and if I have questions I can have quick access to knowledgeable staff that is eager to help. Hiring Bookly was a major stress relief.

Cons

There are elements of QuickBooks that I miss like having an app. What I realize I get without the app is made up for in customer service and staff access.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Desmond T.

Amazing Serice

Used Daily for 2+ years
Reviewed on 2018/08/15
Review Source: Capterra

I’m having an Amazing experience wiht Bookly! If you’re looking for bookkeeping for your business, this is the best service that’s out there, and you can’t beat the price for the value they provide which is really a lot of value. They actually should charge more for the service, but I don’t mind paying the current fees. However, I’m sure they’ll increase the price in the future as that’s normal for any business. Do yourself a favor and go ahead and get started NOW. You’ll thank yourself later, as you’ll more time to do what you do best in your own business.

Pros

Easy to use as the service connects directly to your account.
Weekly emails regarding your P&L
Easy to reach your accountant.
Affordable price.
Amazing support.
There’s so much more, I don’t have much time to list everything.

Cons

I don’t have any cons for Booky. The service has been so Amazing, I actually don’t have any cons.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Anita G.

Bookly Makes Books Easy! I dreaded using other programs because I'm not the best with numbers.

Used Monthly for 6-12 months
Reviewed on 2017/06/05
Review Source: Capterra

Saved time by not spending hours trying to figure things out. Saved money not buying upgrades over and over for software that is too difficult to use. Saved my sanity by knowing that my books are correct at all times and having access to a real accountant everyday.

Pros

Automated and easy to keep up with monthly instead of waiting until the end of the year! Having a knowledgable accountant at my beck and call makes me feel confident that what I'm doing is correct always, and if I have a questions it is easily and quickly answered. I hated using other software programs like the one that just stopped supporting the version I was using because they want me to pay for another upgrade. With Bookly, there is no capital upgrade outlay, just a monthly fee that covers everything. I like the way the software pulls in my data in from my accounts and then my accountant just asks me simple questions about what the expense was for and then determines the correct category. I love the ease of being able to ask a question of my accountant and get an answer fast. I don't have to think about what I'm doing from day to day. I just login and see what our financial picture looks like. You won't find a software product with the simplicity and clarity than Bookly has. I love the weekly cash flow updates too. If Quickbooks or other programs are too difficult for you to use Bookly is your answer! It's far more valuable than the price charged. Peace of mind is priceless. I don't worry about receipts that I don't know what to do with. I just upload them and let my accountant handle it. It's like a Butler for your Books!

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

KPMG Spark Pricing

Starting from
US$195,00/month
Pricing options
Free Trial
Subscription
Value for money

Bookkeeping starts at $195 a month. There are additional add ons available for tax and consulting services.

KPMG Spark Features

  • Accounting Integration
  • Accounting Management
  • Electronic Payments
  • Receiving

  • API
  • Activity Dashboard
  • Automatic Notifications
  • Billing & Invoicing
  • Compliance Management
  • Customizable Reporting
  • Data Import/Export
  • Expense Tracking
  • Financial Analysis
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Real Time Data
  • Reporting & Statistics
  • Third Party Integration
  • Workflow Management

Additional information for KPMG Spark

Key features of KPMG Spark

  • Accounting Integration
  • Accounting Management
  • Audit Trail
  • Auditing
  • Budget Control
  • Customer Accounts
  • Electronic Payments
  • Transaction History

Benefits

• Get access to a KPMG bookkeeper who will do your bookkeeping in real-time. Your software will be updated throughout the day to reflect your most current financials.
• Collaborate with Bookly’s dedicated accounting and tax advising team directly via text, in-app messaging, email, or phone.
• Receive tax consultation and prepare returns.
• Track financial performance within the Bookly dashboard.
• Project and accrual base accounting.

KPMG Spark FAQs

Below are some frequently asked questions for KPMG Spark.

Q. What type of pricing plans does KPMG Spark offer?

KPMG Spark offers the following pricing plans:

Starting from: US$195,00/month

Pricing model: Subscription

Free Trial: Not Available

Bookkeeping starts at $195 a month. There are additional add ons available for tax and consulting services.

Q. What are the main features of KPMG Spark?

KPMG Spark offers the following features:

  • Accounting Integration
  • Accounting Management
  • Audit Trail
  • Auditing
  • Budget Control
  • Customer Accounts
  • Electronic Payments
  • Transaction History

Q. Who are the typical users of KPMG Spark?

KPMG Spark has the following typical customers:

Small Business

Q. What languages does KPMG Spark support?

KPMG Spark supports the following languages:

English

Q. What type of pricing plans does KPMG Spark offer?

KPMG Spark has the following pricing plans:

Subscription

Q. Does KPMG Spark support mobile devices?

We do not have any information about what devices KPMG Spark supports

Q. What other apps does KPMG Spark integrate with?

KPMG Spark integrates with the following applications:

2Checkout, Emma

Q. What level of support does KPMG Spark offer?

KPMG Spark offers the following support options:

Online Support, Phone Support