Bankflow vs Bokeping

Bankflow turns bank and card statements into categorized transactions, monthly profit and loss, and cash runway figures for small businesses. It accepts PDF, CSV and Excel files in batches without requiring a bank or template selection first. Transactions are categorized automatically, merchant names are resolved, and users can save corrections as rules for later statements.

The cash flow view shows monthly income and spending, with runway estimates for current burn, essentials-only burn and no income. Users can model events such as losing a client or taking on a large one-off expense against their own history. Bank statement emails can be forwarded to a private import address; Bankflow says it does not request mailbox login access. Exports include Excel, CSV, OFX and QBO, with accounting layouts or imports for QuickBooks, Xero, Sage, MYOB and NetSuite. API access and webhooks are included on every plan, including Free, and API usage draws from credits. Free provides 50 one-time credits; paid plans start at $14.99 a month for 300 monthly credits. Every plan includes live chat and email support.

Bokeping is online bookkeeping software for small businesses, covering invoices, bills, bank transactions, and financial reports through a web app and API. Businesses can create invoices, accept payments through Stripe or Forte, and send automatic payment reminders. Plaid bank connections reach thousands of US banks and card accounts and are read-only; CSV and QBO imports are also supported. Accounting tools include financial statements, a general ledger, sales tax features, inventory tracking, and cost-of-goods-sold tracking. Each plan includes two external accountant logins that do not count toward its user limit. The Free plan costs nothing and covers one user, 20 of each sales and purchase record monthly, CSV bank imports, and financial statements. Standard is $29 a month, or $290/year, and Pro is $59 a month, or $590/year. Bokeping says financial data is encrypted in transit and at rest, and customers can export or delete it. All plans include email and chat support, which the company says is answered by people within one business day.