How it works
The Simpler Way It Operates How to Use AI-Powered Automation to Classify Transactions
Categorize by HelloBooks is a state-of-the-art solution that automates and streamlines your entire workflow through AI-based expense categorization.
The Complete Process in 4 simple steps
From raw bank data to perfectly categorized transactions ready for QuickBooks or Xero import
Upload Your Bank Statement
To ensure maximum compatibility and user convenience, the platform supports the ingestion of bank statements across three primary digital formats: the static, widely-used PDF; the structured, raw data format of CSV; and the comprehensive spreadsheet functionality of Excel (both .xls and .xlsx file types). Immediately following a successful file import, the proprietary AI processing engine is automatically engaged. This instantaneous, seamless initiation of processing ensures that the financial data analysis commences without delay, moving the user directly into the insight generation phase.
Automatic Data Extraction & Categorization
Utilizing intelligent, smart financial data enrichment algorithms, our platform goes beyond basic processing. It meticulously analyzes each transaction record in real-time to fill crucial data gaps, specifically identifying and correcting instances where payee details are absent and automatically allocating the transaction to the most relevant account category. This deep enrichment significantly improves data quality and accuracy for better financial management.
Review, Approve, or Automate
Empower your financial workflow by utilizing flexible, user-defined rules to intelligently automate the creation and submission of repetitive and recurring entries. For comprehensive oversight, easily sort and isolate specific items using advanced, integrated filtering mechanisms, then swiftly address exceptions or discrepancies through dedicated collaboration features designed for instant client communication and feedback.
The Complete Process in 3 Simple Steps
Why It Performs Better
Designed for business owners, finance teams, and accountants
Varies according to volume, ranging from 100 to 100,000 transactions
AI-powered and trained on actual financial behavior
Creating rules is simple, even for non-technical users
Integrates with your current accounting stack with ease
Are You Prepared to Transform Your Transaction Classification System?
Put an end to the time wasted on manual bookkeeping. With rule-based workflow automation, intelligent transaction sorting, and automated categorization, HelloBooks‘ AI-powered platform will handle the laborious tasks, allowing you to concentrate on expanding your company.
How HelloBooks Transforms Your Workflow
Before HelloBooks
20hrs
per week on categorization
Manual data entry
8–10 hours per client/week
Categorization & Mapping
10–12 hours per week
Rule-Based Workflows
Not available ❌
Bill Matching & Reconciliation
Manual and error-prone
Total Time Spent Weekly
20–24 hours per week
After HelloBooks
3hrs
per week on categorization
Manual Data Entry
Completely Eliminated
Categorization & Mapping
Done Automatically
Rule-Based Workflows
Fully Automated
Bill Matching & Reconciliation
AI-Powered Matching
Total Time Spent Weekly
3–4 hours per week