Cloud Accounting and Compliance Platform for Accounting Firms

Silverfin is a cloud accountancy platform designed to make accountants more successful by storing historical and live client data, automating compliance and other common accounting workflows, and facilitating collaboration within firms and with clients. Silverfin integrates directly with client systems, hosting data securely in a single structured hub, eliminating data silos and manual processes. The platform standardizes data and uses best practice templates to automate workflows such as working papers, accounts production, tax, and more, making compliance and reporting easy, fast, and accurate.

Integrations

Silverfin works seamlessly with existing tech stacks, supporting integrations with popular accounting and business tools.

Built by Accountants, for Accountants

The platform helps accountancy firms prepare and complete working papers, financial statements, corporation tax, and management reports.

Accuracy

• ​Removes human error and manual steps by making real-time accounting data available and easy to work with.

Capacity

• ​A low-code cloud platform that addresses resourcing challenges and improves staff satisfaction.

Opportunity

• ​A customizable solution that supports growth ambitions, from better client insights to unlocking new business models.

Automate Your Core Accounting Work

With data stored in the Silverfin cloud, firms can build digital workflows to their specifications and streamline core accounting work through automation.

Working Papers, Accounts Production, and Compliance — All in One Place

Silverfin supports ambitious UK accounting firms, including innovators and global brands, to become the best versions of themselves.

Working Papers

• ​Fast, accurate, paperless preparation of client accounts.
• ​Fully integrated digital working papers connect to live client data and standardize client account preparations, reducing duplications and errors.

Accounts Production

• ​Automate accounts production from working papers to final filing.
• ​MTD-compliant accounts pre-populated with live data.
• ​Prepare and submit IXBRL tagged statutory accounts quickly using smart templates.

Corporation Tax

• ​Standardized workflows for simpler tax returns.
• ​Live client data flows into best practice working papers before auto-populating CT600s and tax schedules, saving time and reducing errors.

Silverfin Assistant

• ​An AI tool that reconciles data and helps train junior staff.
• ​Continuously analyzes client files, flags outliers, errors, and opportunities, and suggests potential fixes.

Insights

• ​Provides portfolio-wide clarity, turning data into actionable direction.
• ​Enables querying of client data, spotting trends, comparing clients, and setting up alerts based on benchmarks or risk factors.

Leading Firms Work with Silverfin

Silverfin’s financial AI delivers improved accuracy and insights, reducing year-end and tax work time by up to 50%. The platform is trusted by leading firms and has contributed to significant growth and efficiency improvements.

“We’ve grown about £200,000 over the last three years and only recruited an extra one or two staff. The difference is Silverfin.”

Jo Gibson, Partner, Hurst

Smart Features for Busy Accounting Teams

Silverfin includes a wide range of features to support every aspect of client account preparation, including:

• ​Cloud automation
• ​Client file standardization
• ​Financial data analysis

Centralized Data That’s Easy to Access and Secure

• ​All client data in one place
• ​Easy access for anyone in the firm, from anywhere
• ​Open APIs for smooth data integrations
• ​Enterprise-grade data security

No More Manual Mapping

• ​Automated mapping from any source chart of accounts
• ​Instant analysis of incoming data with alerts for queries
• ​Review, amend, and confirm mapping from a single dashboard
• ​Faster onboarding of new client files

Structured Review

• ​Centralized accounting file review tool
• ​See all client file communications and documentation in context
• ​Prevent duplicate reviews with smart warnings
• ​Fully recorded and auditable

Built-in Communication

• ​In-context messaging and to-do’s for smooth file progress
• ​Notifications and topic/client following
• ​Digital audit trails for all client file communication
• ​Extendable to direct client engagement through the Silverfin Pulse portal

See Silverfin in Action

Silverfin offers a product tour to demonstrate how its cloud accounting software helps UK firms streamline accounts production, tax workflows, and client data management.

Contact

Speak with the Silverfin team to discover more about efficient accounting solutions.