Banct App vs Hofi Utilisation & Stats

What we offer? Our built-in accounting and budgeting tools will help you manage your taxes effectively. Your business account and bookkeeping in one place Accounting Gain insight into all your processes and improve your bottom line. Currency Conversion Banct offers instant local currency conversion with market leading rates. Manage Stay in control of all processes for full transparency. Payment Automate all your payments and speed things along. Low rate currency exchange You can receive, hold and exchange money in more than 34+ currencies worldwide with no additional fees. Get market-leading, real-time exchange rates for multiple currencies and leave expensive foreign exchange fees in the past. Accounting platform Our accounting platform is designed to help small businesses integrate their financial data with their fund management activities. Invoicing Customisable invoice feature allows you to make modifications to suit your needs. Option to send invoices manually as well as automatically. Match payments directly with individual invoices. Generate data to review unpaid invoices. Receive notifications for invoice-specific payments. Budgeting Allocate tax categories to income and expenses at the touch of a button. Proprietary account reconciliation feature. Matching entries is no longer a headache. Dashboard to monitor income and expenses. Send selected accounting data to external accountants. Reporting Tracking feature ensures you can view payment status in real-time. Financial reporting–profit and loss account, balance sheet, expense reports–are an inbuilt feature. Accounts receivable and payable tracking. View reports for open invoices, customer balances, and past due amounts. Control who can access reports by using the authorisation feature.