Silverfin

Silverfin | Cloud Accounting and Compliance for Accounting Firms

Silverfin is a cloud-based accountancy platform designed specifically for accounting firms to securely centralize live and historical client data, automate compliance and core accounting workflows such as working papers, accounts production, and tax reporting through standardized templates and real-time data integration, while supporting seamless collaboration, reducing manual errors, and integrating with existing tech stacks to enhance accuracy, capacity, and growth opportunities.

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 tailored to their needs 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 account preparations, reducing duplications and errors.

Accounts Production

  • Automate accounts production from working papers to final filing.
  • MTD-compliant accounts are pre-populated with live data, enabling quick preparation and submission of statutory accounts with 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 powerful data analysis across all clients.
  • 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 has helped firms grow revenue and efficiency with minimal additional staff.

“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

Automated AI 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 review tool for live client data and file communications
  • Prevents duplicate reviews with smart warnings
  • Enables seamless progress tracking and full audit trails

Built-in Communication and Collaboration

  • 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 comprehensive suite of features for busy teams seeking accurate and insightful client data. The platform helps UK firms streamline accounts production, tax workflows, and client data management.

Let's Chat

Speak with the Silverfin team to discover more about efficient accounting with their cloud platform.