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CypherEdge Pricing

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Pricing Options

Premium Plans ( Subscription )

Pricing Insights for Accounting Software

  • The Average Cost of a basic Accounting Software plan is $20 per month.

  • 44% of Accounting Software offer a Free Trial Allows users to try out the software for a limited period before making a purchase decision. , while 19% offer a Freemium Model Allows users to access basic features at no cost..

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CypherEdge FAQs

What is a bank statement analyzer?

A software tool that automatically categorizes and analyzes bank transactions, providing clear, summarized financial insights.

How does CypherSOL enhance ITR filing processes?

CypherSOL generates instant, audit-ready summaries for seamless and accurate tax filing.

What formats does CypherSOL support?

It supports all major formats including PDF, Excel, and CSV.

Can CypherSOL integrate with Tally directly?

Yes, CypherSOL provides one-click integration to instantly transfer organized data into Tally.

Does CypherSOL work offline?

Yes, it ensures 100% offline security for complete data confidentiality.

What is meant by "7500+ smart data points"?

CypherSOL uses advanced AI categorization based on 7500+ predefined financial data points to eliminate suspense entries.

Can CypherSOL process bulk transactions?

Yes, CypherSOL excels at processing bulk transactions from multiple accounts simultaneously.

What is CypherSOL's Tally upload feature?

It provides ready-to-use uploads of payments, receipts, and contra-data directly into Tally.

How accurate is CypherSOL's data handling?

It meticulously identifies and resolves discrepancies, significantly reducing errors in Tally uploads.

Can CypherSOL speed up reconciliation?

Yes, by quickly identifying missing transactions and streamlining uploads, reconciliation time is dramatically reduced.

Is CypherSOL suitable for SMEs?

Absolutely, its scalable features are ideal for SMEs handling large transaction volumes.

Does CypherSOL offer simplified ledger grouping?

Yes, it automatically groups transactions accurately, simplifying account management.

Does CypherSOL support compliance and audit readiness?

Yes, accurate data handling ensures complete compliance and reduces audit time.

How can CypherSOL benefit accounting firms?

It reduces manual workload, enhances accuracy, and improves client service.

Does CypherSOL categorize sales and purchase vouchers?

Yes, transactions like sales, purchases, payments, and receipts are categorized automatically.

Does CypherSOL provide detailed transaction reports?

Yes, comprehensive reports are instantly generated for analysis.

Can CypherSOL identify discrepancies automatically?

Yes, it automatically highlights and categorizes discrepancies.

Is CypherSOL compatible with Tally Prime and ERP 9?

Yes, fully compatible with both versions.

Is bulk uploading to Tally supported?

Yes, bulk data uploads into Tally are fully supported for efficiency.

Can CypherSOL handle CSV imports to Tally?

Yes, it easily manages CSV data imports directly into Tally.

How much does CypherEdge cost?

The pricing for CypherEdge starts at $52.99 per user per year. CypherEdge has 4 different plans:

  • Tally Utility at $52.99 per user per year.
  • Solo Plan at $63.60 per user per year.
  • Practicing Plan at $127.19 per user per year.
  • Firm Plan at $158.99 per year.

Does CypherEdge offer a free plan?

No, CypherEdge does not offer a free plan.

Learn more about CypherEdge pricing.

How much does accounting software cost?

Free to $50 per month for small businesses. Enterprise systems range from $200 to hundreds per user.
 

Compare CypherEdge Pricing Against Competitors

Product Name Starting Price ($) Billed Unit Free Trial Learn More
CypherEdge CypherEdge 52.99 per year per user CypherEdge Pricing
MYOB MYOB 5.5 per month - + MYOB Pricing
Wave Wave 14.16 per month - - Wave Pricing
Freshbooks Freshbooks 6.3 per month - + Freshbooks Pricing
Xero Xero 29 per month - + Xero Pricing
Zoho Books Zoho Books 15 per month - + Zoho Books Pricing
AlignBooks AlignBooks - - - + AlignBooks Pricing
Kashflow Kashflow - - - + Kashflow Pricing
Sage Accounting (Sage One) Sage Accounting (Sage One) 625 per year per user + Sage Accounting (Sage One) Pricing
Pilot Pilot 350 per month - - Pilot Pricing

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CypherEdge Features

Accounting Features

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

General Ledger

Maintaining and recording all the accounting related transactions.

Expense Tracking

Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Budget Forecasting

Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.

Payroll Management

Helps in automating the employee payment process, reduces incorrect data input and keep at bay paystub confusion

Spend Management

Managing the expenditure of a business in order to build its product or services

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Multi-Currency

Enables payment and collection in multiple currencies.

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Collections

Recovery of cash from a business or individual.

Cash Management

Collection and management of cash.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Expense Management Features

Reconciliation Summary

A statement prepared to report total outstanding payments and receipts.

Receipt Management

Store and manage receipts of the expenses incurred by the employees.

Third-party Integration

Offers synchronization with third-party applications

Card Spending Tracker

Automatically tracks the expense done using a linked debit or credit card.

Multi-level Approval

A sequential and thorough review process to approve expenses.

Tax Claim

Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.

Bank Feed Sync

Can sync with bank notification and fetch expenses to make entries in the record book.

Receipt Scanner

OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.

Multiple Reporting Currency

Reports entries from different origin currencies in the native exchange rate.

Spend Control

To reduce spending and prevent unauthorized use by setting transactional control.

Reimbursement Management

Helps in managing employee expenses claims and regularize the approval process.

Expense Approval

Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.

Mileage Tracking

Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports

Time & Expense Tracking

Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects

Financial Analysis Features

KPI & Metrics

Measures the success rate and monitor the performance metrics that matter most to your business.

Divisional Analysis

Helps to track and monitor the performance of your individual business unit

Market Analysis

Helps to measure your industry status in the overall market using quantitative and qualitative data points

Industry Analysis

Helps to assess the business position against competitors and gain competitive dynamics of an industry

Performance Analytics

Helps to predict the future performance of a business using Key Performance Indicators (KPI) and other Metrics

Risk Assessment

Helps to analyze the potential risk factors that cause harm to the business

Cash flow Forecasting

Helps to measure the financial position of an entity in the future using cash in and cash out of a business

OCR Features

Accuracy Optimization (AI/ML)

Data Extraction (Structured Fields)

Layout & Format Preservation

Text Recognition from Images/PDFs

Integration with Document Systems

Batch Processing

Image Preprocessing & Enhancement

Multi-language Support

Available in multiple languages to support global customers

Data Extraction Features

Data Validation

Flag missing or inconsistent values

Data Normalization

Standardize formats (dates, currency, identifiers)

Document Parsing

Process DOCX, PDF, XLS, CSV, JSON, XML, etc

Export in Common Formats

Accepted file formats: TXT, DOCX, PDF, SRT, and VTT for captions.

Optical Character Recognition - OCR

Helps in converting scanned paper documents into editable files

Data Cleansing

Helps in verifying/correcting/modifying inaccurate or coarse data from database

Built-in Templates

It has bundle of predefined templates that can be used for creating a design

ETL Pipeline

Transform and load into analytics and, BI tools

Unstructured Data Extraction

Pull data from text documents, PDFs, images, emails or databases

Automated Scheduling

Helps to automate the scheduling processes to reduce paperwork, provide a comprehensive solution and ensure timely updates

Multi-language Support

Available in multiple languages to support global customers

Cloud Storage

Provides an online storage space to store data

CypherEdge Integrations

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