Tailride is an AI-driven accounting automation platform designed to streamline invoice and receipt processing for businesses and accountants. It automates the extraction, organization, and reconciliation of financial documents, significantly reducing manual data entry and saving hundreds of hours. Key features include:
- Inbox Scanning: Connects to email inboxes (Gmail, Outlook, and others via IMAP) to automatically identify and extract invoices from emails and attachments. It eliminates the need for manual forwarding and ensures all invoices are captured, even those embedded in email bodies or behind URLs.
- Online Portal Extraction: A Chrome extension enables one-click extraction of invoices from online portals like Amazon, Meta Ads, Adobe, Notion, Microsoft, and ChatGPT. This feature eliminates the tedious process of logging into each portal and manually downloading invoices.
- AI-Powered Processing: Employs AI to automatically populate invoice fields, reducing the need for manual data entry. Users can define custom rules to tailor AI behavior to their specific needs, ensuring accurate categorization and tagging of invoices.
- Integrations: Seamlessly integrates with popular accounting software like QuickBooks, Xero, and Business Central, as well as cloud storage services like Google Drive and OneDrive. This allows for automated export of invoices and data, streamlining accounting workflows.
- Reconciliation: Facilitates bank reconciliation by allowing users to upload bank statements in PDF or CSV format. Tailride uses AI to match transactions with invoices, identifying missing documents and simplifying the reconciliation process.
Tailride targets businesses of all sizes, particularly those experiencing rapid growth and struggling to manage increasing volumes of invoices and receipts. It also caters to accountants seeking to improve efficiency and accuracy in their bookkeeping services. The platform's unique selling points include its comprehensive feature set, AI-driven automation, and seamless integrations, making it a powerful tool for streamlining accounting processes and saving time.
