Soraban is an accounting workflow automation platform that leverages AI and software to help tax and accounting firms automate client data intake and streamline service delivery. Soraban focuses on building a "copilot" for accounting practices, reducing manual processes in data gathering and enabling firms to deliver services more efficiently.
The Technology That Enables Soraban
Soraban uses a combination of artificial intelligence and SaaS technology to automate traditionally time-consuming tasks for accountants, particularly in the client onboarding and data collection phases. By minimizing repetitive manual work, Soraban aims to enhance productivity and accuracy within accounting teams, allowing professionals to focus more on advisory and value-added services. The platform’s robotic process automation (RPA) features are designed to improve efficiency in the tax and accounting service workflow.
Who Uses Soraban?
Soraban primarily serves accounting firms, tax professionals, and CPA practices in the United States and North America, with support for both remote and partly remote teams. Their ideal users are firms seeking to modernize operations, reduce administrative burden, and deliver a smoother client experience through automated workflows.
Competitive Landscape: Accounting Workflow Automation Platforms
Soraban operates within the fast-evolving accounting workflow automation space. Key competitors and alternative platforms include:
- FloQast: Offers accounting workflow and close management software with AI-driven automation, serving global clients.
- Wolters Kluwer: Provides comprehensive workflow solutions for accounting firms, enabling growth through efficiency and firm-wide visibility.
- Karbon: Focuses on automating accounting workflows and team collaboration.
- TaxDome: Delivers customizable workflow automation and templates for tax and accounting practices.
- NetSuite: Offers broad accounting process automation for finance teams.
- Financial Cents: Workflow management software for accounting, bookkeeping, and CPA firms.
- Canopy: Project management and workflow automation tailored to accountants.
- Jetpack Workflow: Workflow and project management platform specifically for CPA and bookkeeping firms.
While many incumbents focus on workflow management and project oversight, Soraban distinguishes itself with a strong emphasis on AI-driven automation in client data gathering and service delivery, aiming to further reduce manual effort for accounting professionals.
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