KPMG Spark

Online bookkeeping specifically aimed at small businesses

4.5 /5 (102 reviews) Write a Review!

KPMG Spark Overview

What is KPMG Spark?

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.

KPMG Spark Overview

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

Devices
Business size
S M L
Markets
United States
Supported Languages
English

KPMG Spark Reviews

KPMG Spark Reviews

Overall rating
4.5
/
5
Excellent
75

Very good
18

Average
2

Poor
2

Terrible
5

Value for Money
4.6
Features
4.4
Ease of Use
4.6
Customer Support
4.6
91% recommended this app
Lisa K.

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

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.


Joanne L.

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

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.


Kenny B.

Bookly charged me for services I never used.

Nothing but pain.


William h. M.

Ideal Accounting solution for small businesses

We can quickly see the monthly results of our business activities and make corrections in our business model much quicker than we were when we posted to QuickBooks and submitted the results to our account after the close of the quarter. It often would take them another 3 months to product our final reports, which put us behind in making needed corrections to keep our business profitable and growing at the rate we had forecasted.


Michael S.

Amazing Bookly staff are kind an accurate

Accuracy Financial Intelligence monthly budget planning It really helps us be sure of where all our money is going !


Lisa K.

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

Used Weekly for 2+ years
Reviewed on 23/01/2018
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

Joanne L.
Industry: Higher Education

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

Used Weekly for 6-12 months
Reviewed on 21/06/2018
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

Kenny B.
Industry: Real Estate
Company size: Self Employed

Bookly charged me for services I never used.

Used Other for 1-5 months
Reviewed on 10/07/2017
Review Source: Capterra

Nothing but pain.

Pros

The software and concept are good but the company does not conduct itself professionally. They made assurances that they could come up with a solution but ultimately, they failed to do so and still wanted me to pay.

Cons

I received a trial subscription from Bookly and started working with some of their personnel. The staff were very friendly but were not knowledgable enough to figure out the complexity of my needs. Note that my needs were not that complicated. After trying to find a workable solution for me, they deemed I needed to use their partner software named Xero. After multiple attempts and phone conferences, they still were unable to come up with a system that would meet our needs. Subsequently, they ceased correspondence and since I was on a free trial, I let it go. Several months later I noticed on my credit card statement that they had been charging me monthly for their services. I reached out to them again multiple times and long story short, they wouldn't refund my money. I have all the emails to corroborate this story and ultimately, I had to go to my credit card company which disputed the charges and refunded my money. Needless to say, I was shocked and disappointed that Bookly would not refund the charges they had applied for work they never did. It's sad that I had to go to my credit card company to get things right.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 0.0/10

William h. M.
Industry: Computer Software
Company size: 51-200 Employees

Ideal Accounting solution for small businesses

Used Weekly for 6-12 months
Reviewed on 10/12/2018
Review Source: Capterra

We can quickly see the monthly results of our business activities and make corrections in our business model much quicker than we were when we posted to QuickBooks and submitted the results to our account after the close of the quarter. It often would take them another 3 months to product our final reports, which put us behind in making needed corrections to keep our business profitable and growing at the rate we had forecasted.

Pros

We were please to be introduced to KPMG Bookly team at eBay Open this past summer. We had been planning to either go with QuickBooks Enterprise or Go Daddy Accounting for our new eCommerce business. With Bookly we not only have a software package to handle our accounting but a personal bookkeeper to make sure we are posting our accounting data correctly. We the other solutions we were considering, there was no personal interface, and we still would have had to hire an accountant to review our results after the fact. While we are fairly versed in sound accounting practices, it is great to have a bookkeeper looking over our shoulder to make sure we are consistently following the best practices for our accounting.

Cons

We would like to see a checklist added to Bookly to ensure we are consistently entering the required data for each aspect of our business each and every month.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Michael S.

Amazing Bookly staff are kind an accurate

Used Daily for 2+ years
Reviewed on 29/05/2018
Review Source: Capterra

Accuracy Financial Intelligence monthly budget planning It really helps us be sure of where all our money is going !

Pros

They help my small business improve daily ! Every-time I call they are more than willing to help me take my business to the next level.

Cons

NO CONS Bookly is a asset to my company we love bookly ! I'am sure if you test drive bookly you will be happy as well .

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
9.1/10
Based on 102 user ratings
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KPMG Spark Pricing

KPMG Spark Pricing

Starting from
US$195.00/month
Free Trial
Subscription
Value for money

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

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

Value for Money
4.6/5
Based on 102 user ratings
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KPMG Spark Features

KPMG Spark Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customisable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4.4/5
Based on 102 user ratings
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Categories

Additional information for KPMG Spark

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

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:

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